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Old 11-27-2012, 02:09 PM   #1
crazycoffey crazycoffey is offline
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Originally Posted by Mr. Flopnuts View Post
They're worth way more than the 250 millio we would get. TIC post. It's still okay to dream though!
I only put 10% down on my house, gotta be an investor(s) we can get loan(s) from. 250 mil is 25%
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Old 11-27-2012, 02:12 PM   #2
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plus, after a year like this year, value drops....
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Old 11-27-2012, 02:12 PM   #3
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I'm a longtime Chiefs fan, but when I win I'm going to limit my Chiefs investment to streaming the games online on my massive yacht as I anchor for the day in Bora Bora.
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Old 11-27-2012, 02:14 PM   #4
noa noa is online now
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Apparently, you have better odds of lining up a trail of quarters from NY to LA and selecting the one quarter bearing a special marking.
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noa Forgot to Remove His Claytex and Got Toxic Shock Syndrome.noa Forgot to Remove His Claytex and Got Toxic Shock Syndrome.noa Forgot to Remove His Claytex and Got Toxic Shock Syndrome.noa Forgot to Remove His Claytex and Got Toxic Shock Syndrome.noa Forgot to Remove His Claytex and Got Toxic Shock Syndrome.noa Forgot to Remove His Claytex and Got Toxic Shock Syndrome.noa Forgot to Remove His Claytex and Got Toxic Shock Syndrome.noa Forgot to Remove His Claytex and Got Toxic Shock Syndrome.noa Forgot to Remove His Claytex and Got Toxic Shock Syndrome.noa Forgot to Remove His Claytex and Got Toxic Shock Syndrome.noa Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
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Old 11-27-2012, 02:34 PM   #5
Abba-Dabba Abba-Dabba is offline
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Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
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Old 11-27-2012, 04:30 PM   #6
alnorth alnorth is offline
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Apparently, you have better odds of lining up a trail of quarters from NY to LA and selecting the one quarter bearing a special marking.
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Out of curiosity, I checked the math on that.

Its true, barely.
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Old 11-28-2012, 06:47 PM   #7
JoeyChuckles JoeyChuckles is offline
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Out of curiosity, I checked the math on that.

Its true, barely.
I was about to check that out too. It still doesn't sound right in my head. Can I trust your math skills?
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Old 11-27-2012, 05:09 PM   #8
saphojunkie saphojunkie is offline
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Apparently, you have better odds of lining up a trail of quarters from NY to LA and selecting the one quarter bearing a special marking.
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Actually, this isn't true.

The statistics are skewed when it comes to the lottery. The odds of picking the correct number of a random 6 number drawing are astronomical.

The odds of winning the lottery are much, much better.

Why?

Because someone always wins the lottery. Someone is GOING to win this lottery, if not this drawing then the next.

That means that of the, let's just say, 2 million tickets sold for this drawing, at least one will win. Even if one doesn't, and a million MORE people join the party, bringing the total cost of tickets up to 5 million for both drawings, you now have a 1 in 2.5 million chance of winning.

This is a closed system, so your odds of winning are greatly increased by the fact that A) Someone will win, and B) that winner will come from a limited group of players.
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Old 11-27-2012, 06:05 PM   #9
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Originally Posted by saphojunkie View Post
Actually, this isn't true.

The statistics are skewed when it comes to the lottery. The odds of picking the correct number of a random 6 number drawing are astronomical.

The odds of winning the lottery are much, much better.

Why?

Because someone always wins the lottery. Someone is GOING to win this lottery, if not this drawing then the next.

That means that of the, let's just say, 2 million tickets sold for this drawing, at least one will win. Even if one doesn't, and a million MORE people join the party, bringing the total cost of tickets up to 5 million for both drawings, you now have a 1 in 2.5 million chance of winning.

This is a closed system, so your odds of winning are greatly increased by the fact that A) Someone will win, and B) that winner will come from a limited group of players.
What kind of math are you using here? The fact that "Somebody" will win doesn't change the requirement that you still have to pick the correct sequence of 6 numbers in order to do so. The odds of picking the correct sequence of numbers remains the same, regardless of how many people are trying. They don't remove the losing number sequences that have already been picked, so the number of people playing is irrelevant. You're still playing against all other possible number sequences, not all other possible players.
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Old 11-27-2012, 06:44 PM   #10
SAUTO SAUTO is offline
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What kind of math are you using here? The fact that "Somebody" will win doesn't change the requirement that you still have to pick the correct sequence of 6 numbers in order to do so. The odds of picking the correct sequence of numbers remains the same, regardless of how many people are trying. They don't remove the losing number sequences that have already been picked, so the number of people playing is irrelevant. You're still playing against all other possible number sequences, not all other possible players.
This. By his logic someone would win every draw.

Right?
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Old 11-27-2012, 02:17 PM   #11
crazycoffey crazycoffey is offline
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rainnman's idea seems less stressfull.
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Old 11-27-2012, 02:33 PM   #12
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After taxes, we're talking roughly $200 million in take-home. I have a deal with a friend that we always split our Powerball winnings, so I'd end up with about $100 million.

I guaran-darn-tee that I would have the most diversified investment portfolio on the planet. The only way I would lose all of my money would involve a large meteor or the explosion of the sun.
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Old 11-27-2012, 02:39 PM   #13
Rain Man Rain Man is offline
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I'd probably do something like this:

$20 million in income-producing real estate of the most conservative kind possible, scattered around the country
$10 million in money markets and other conservative, conservative U.S. bank accounts.
$10 million in my house and other hard assets
$10 million in T-Bills and stuff
$10 million in cash in safety deposit boxes and buried holes in the ground
$10 million in conservative U.S. mutual funds
$5 million in bonds
$5 million in money markets and other conservative, conservative non-U.S. bank accounts.
$5 million in conservative foreign mutual funds
$5 million in gold
$5 million in high-value art and other collectibles
$5 million in moderate to aggressive U.S. mutual funds
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Old 11-27-2012, 03:43 PM   #14
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Old 11-27-2012, 03:58 PM   #15
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If you win, you'll probably spend most of it hiding from your friends and relatives for the rest of your life.
You say that like it's a bad thing.
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