What if you won the lottery?

[murray t turtle]

Wifey once hit 3-numbers for $100. She's been a "lotto junkie" ever since. Sad.

%% Pray she quits before she losses 90%or 95% of that 100!! I asked a lotto player , one time in the gas line ''ever won anything ??He says '''NO but i came close ''LOL-LOL,

 

[Scataphagos]

%% Pray she quits before she losses 90%or 95% of that 100!! I asked a lotto player , one time in the gas line ''ever won anything ??He says '''NO but i came close ''LOL-LOL,

She blew waaayyy past that $100 long ago. (That $100 was like giving a junkie a "taste" of heroin.)

A guy I used to play tennis with years ago hit 5 of 6 in the state lotto... I'd call that "close".

 

[Sig]

It's interesting where on Maslows Hierarchy everyone here seems to be; somewhere between physiological and esteem. The great thing about having anything above what you need to comfortably retire is what you can do to make whatever corner of the world you care about a better place.

 

[Amun Ra]

%%
Ok AmR;
your reasons make the problem even worse. You say people know the odds + its an addiction.[I agree partly , but i dont think anywhere near 99% of lotto loser know the odd] ; + no wonder, the ''news'' or ads seldom disclose that.........................................................................Most likely right on 99%/100% of lotto losers do it on emotion .Thanks

Yeah, I kinda pulled the 99% figure out my ass based on my feelz and not realz.

 

[farmerjohn1324]

Wifey once hit 3-numbers for $100. She's been a "lotto junkie" ever since. Sad.

Sounds like me when I put $100,000 of fake money into a currency trade and "win" big.

Makes me think I could do it for real. But I'm beginning to realize this isn't the case. The markets are too unpredictable.

 

[notagain]

You would buy $200 million of gold? You also seem clueless.

This was a good question because despite the fact that many of you are trying to insult me, you are revealing that you just want to play games and would stop "working" as soon as the opportunity provided itself.

Wait, you want to keep working no matter how rich you are? Ok buy stocks like Buffet and Soros.

 

[SimpleMeLike]

You won and took a lump sum of $200 million.

What would you do with it? Would you use it in your trading account?

$200 million, I probably would not trade any more. Maybe I trade with $30K, but I am not back testing anything.

 

[Pekelo]

Sounds like you have no idea how to invest.

Sounds like you don't understand a joke.

 

[Trade Theory]

I definitely wouldn’t quit trading, if anything I’d throw a mil or two in my trading account just to make things spicy. I’d put maybe 10% of it in a bond or preferred stock fund. The majority I’d invest in income yielding real estate such as mobile home parks and apartments. I’d put a few mil aside to play around flipping houses and keep an emergency fund of around 5M in a money market.

 

[Overnight]

I definitely wouldn’t quit trading, if anything I’d throw a mil or two in my trading account just to make things spicy. I’d put maybe 10% of it in a bond or preferred stock fund. The majority I’d invest in income yielding real estate such as mobile home parks and apartments. I’d put a few mil aside to play around flipping houses and keep an emergency fund of around 5M in a money market.

Exactly!