Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 01-10-2016, 04:51 PM   #21
Recycles dryer sheets
 
Join Date: Dec 2012
Posts: 390
Quote:
Originally Posted by GrayHare View Post
I'll stop reusing dryer sheets. Maybe.
Habits are hard to break. I'd try to use fresh dental floss.
__________________

__________________
Elbata is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 01-10-2016, 05:05 PM   #22
Thinks s/he gets paid by the post
 
Join Date: Jan 2014
Posts: 1,318
Quote:
Originally Posted by tinlizzy View Post
I apologize that I don't remember the particulars but you'll get the gist. Here in Iowa, names of winners must be released but when a group of Quaker Oats employees won the lottery they immediately hired a lawyer who told the lottery that he intended to sue to keep the names of the winners private (he may have actually filed some type of paperwork with the court?). I think they had 30 days or so to file suit and the lottery was barred from releasing the names until it was decided. The deadline for filing a suit came and went without a lawsuit being filed, so the lottery released the names.

Wasn't that ingenious!? They had all of their affairs in order before anyone knew who had won.


Sent from my iPad using Early Retirement Forum
As long as you wait to claim the ticket no one knows so you can have your affairs in order. You don't need an attorney to waste your money filing a law suit. Don't you have up to a year to claim your winnings?
__________________

__________________
splitwdw is offline   Reply With Quote
Old 01-10-2016, 05:17 PM   #23
Full time employment: Posting here.
 
Join Date: Apr 2015
Posts: 903
Quote:
Originally Posted by splitwdw View Post
As long as you wait to claim the ticket no one knows so you can have your affairs in order. You don't need an attorney to waste your money filing a law suit. Don't you have up to a year to claim your winnings?
Double check your state's lottery website. I read somewhere that for some, it was 90-180 days.
__________________
hnzw_rui is offline   Reply With Quote
Old 01-10-2016, 05:19 PM   #24
Thinks s/he gets paid by the post
 
Join Date: Sep 2012
Location: Seattle
Posts: 2,906
Quote:
Originally Posted by splitwdw View Post
As long as you wait to claim the ticket no one knows so you can have your affairs in order. You don't need an attorney to waste your money filing a law suit. Don't you have up to a year to claim your winnings?
Isn't the ticket like a bearer bond somewhat? How well would you sleep with $1.3B under your mattress?
__________________
Fermion is offline   Reply With Quote
Old 01-10-2016, 05:25 PM   #25
Moderator
Walt34's Avatar
 
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 16,579
Even though we know it's silly, we'll buy a ticket or two tomorrow. The daydreams are fun, and at $2 is actually cheap entertainment.
__________________
I heard the call to do nothing. So I answered it.
Walt34 is offline   Reply With Quote
Powerball at $1.3 Billion...dreaming gets bigger
Old 01-10-2016, 05:26 PM   #26
Recycles dryer sheets
 
Join Date: Jan 2005
Posts: 487
Powerball at $1.3 Billion...dreaming gets bigger

I think that it allowed the group to actually collect the money with their privacy in tact. I'm not sure how much a person would be able to accomplish by delaying their claim other than disconnecting the phone.

The lawsuit was just a threat btw - no lawsuit was ever filed.


Sent from my iPad using Early Retirement Forum
__________________
tinlizzy is offline   Reply With Quote
Old 01-10-2016, 05:54 PM   #27
Thinks s/he gets paid by the post
Sunset's Avatar
 
Join Date: Jul 2014
Location: Chicago
Posts: 4,749
If you live in Kansas, the State allows you to remain private.

I'd take a around the world trip, since they are about $150K ea, it's the type of thing I don't think I can afford until I win
__________________
Sunset is offline   Reply With Quote
Old 01-10-2016, 06:15 PM   #28
Thinks s/he gets paid by the post
 
Join Date: Jan 2014
Posts: 1,318
Quote:
Originally Posted by Fermion View Post
Isn't the ticket like a bearer bond somewhat? How well would you sleep with $1.3B under your mattress?
It's advised that you sign the ticket and keep it in your safety deposit box or safe until you claim it. If I won on my personal ticket I'd wait until I had my "team" lined up. If the plans took a month to set up then I'd wait. If it was the work group, then all bets are off cause I know they can't keep a secret.

Quote:
Originally Posted by tinlizzy View Post
I think that it allowed the group to actually collect the money with their privacy in tact. I'm not sure how much a person would be able to accomplish by delaying their claim other than disconnecting the phone.

The lawsuit was just a threat btw - no lawsuit was ever filed.

Sent from my iPad using Early Retirement Forum
Yeah but wonder if the lawyer was charging for this delay. If you delay your claim you can get a lawyer, cpa/fa and any other help you'll need. Then do whatever is advised, rent an apartment or house if you can't go home, get a new cell phone BEFORE you claim your winnings.

Quote:
Originally Posted by hnzw_rui View Post
Double check your state's lottery website. I read somewhere that for some, it was 90-180 days.
From the Pennsylvania Lottery
"Winners have up to one year from the date of a drawing to claim a prize from one of the Pennsylvania Lottery’s terminal-based games: PICK 2, PICK 3, PICK 4, PICK 5, Cash4Life, Cash 5, Match 6 Lotto, Mega Millions, Powerball, Treasure Hunt, and Millionaire Raffle."
__________________
splitwdw is offline   Reply With Quote
Old 01-10-2016, 07:03 PM   #29
Moderator
rodi's Avatar
 
Join Date: Apr 2012
Location: San Diego
Posts: 8,817
As I was doing yard work today I decided that if I win I'm hiring a gardener to come 2x a month and weed/tidy the yard. I hate weeding but it has to be done.

I will buy a ticket in the next day or two... just so I can dream of giving up weeding permanently.
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 7%, rental income 18%
rodi is offline   Reply With Quote
Old 01-10-2016, 07:08 PM   #30
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
RunningBum's Avatar
 
Join Date: Jun 2007
Posts: 5,195
Quote:
Originally Posted by rodi View Post
As I was doing yard work today I decided that if I win I'm hiring a gardener to come 2x a month and weed/tidy the yard. I hate weeding but it has to be done.

I will buy a ticket in the next day or two... just so I can dream of giving up weeding permanently.
You shouldn't have done the yard work today. If you win the next lottery, you're going to feel stupid for having done that work yourself.
__________________
RunningBum is offline   Reply With Quote
Old 01-10-2016, 07:09 PM   #31
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,937
Snipped from some of your posts:

Dash man: [...]a boat [...]
Throwdownmyaceinthehole: A boat and a pony...
rodi: So 2 boats for us.
Fermion: $1.3B is getting into space ship money.
GrayHare: I'll stop reusing dryer sheets.
AllDone: a dog door.
cyber888: live in a big mega-yacht
rayinpenn: - Help someone, travel, rent and live when and where you want.
splitwdw: [...]a new truck and [...] a pony too!
Helios: A new mattress
Persn: a condo in San Francisco
Elbata: fresh dental floss.
Sunset: around the world trip, since they are about $150K ea

This is 1.3 BILLION. It seems to me that all of the things you are mentioning (other than Fermion's space ship) could be bought with 100 million or less.

I can't think of anything that expensive for myself either, because the buying power of that much money is beyond my wildest imagination.

Besides, I don't really want a spaceship. The only solution is to give it all away. Then people would tell you how great you are for doing that, when really you aren't a saint but just don't have any other choice, due to lack of ideas. That would be so unsettling. I'd feel like a complete phony or fraud.

It would probably be better for me to just leave well enough alone, and maybe just throw away that winning ticket and call it a night.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is online now   Reply With Quote
Old 01-10-2016, 07:16 PM   #32
Moderator
Ronstar's Avatar
 
Join Date: Aug 2007
Location: A little ways southwest of Chicago
Posts: 9,363
DW wants to hire a chef. But no chef would want to go where I would want to hide.


Sent from my iPad using Early Retirement Forum
__________________
Ronstar is offline   Reply With Quote
Old 01-10-2016, 07:18 PM   #33
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,444
On the other thread, many posters reported getting none or just one number on 3 or more tickets. So, I ask myself what the odds of getting no number are.

There are 69 numbers for the white balls, and 26 for the red ball. The odds of "evading" all of the 5 white numbers plus the red number work out to be 65%, for a single ticket. For 2 tickets it's 42%, for 3 tickets it's 28%, and for 4 tickets it's 18%.

So, even with up to 4 tickets, you have a much greater chance of getting no numbers than getting a $7 prize (a chance of about 1.2% with 4 tickets).

PS. The above odds are for "quickpick". If you choose by hand, you can make sure that no number is repeated among the 4 tickets, and your chance of getting at least one of the numbers will be a bit higher (but a single number still gives you no win, unless it's the Powerball).
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is online now   Reply With Quote
Old 01-10-2016, 07:22 PM   #34
Thinks s/he gets paid by the post
Fedup's Avatar
 
Join Date: Mar 2014
Location: Southern Cal
Posts: 2,930
I'm back to California now, may the power all is waiting for me. I might buy an island. Oops it might be surrounded by sharks.


Sent from my iPad using Early Retirement Forum
__________________
When I post IIRC, that means going by memory. Google is your friend for facts. Stop being a lazy bum, I can't do all the googling for you. I'm lazy too. LOL
Fedup is offline   Reply With Quote
Old 01-10-2016, 08:06 PM   #35
Thinks s/he gets paid by the post
 
Join Date: Feb 2014
Posts: 1,474
Remaining anonymous is an important thing, and only 6 states allow it. Two of them border my state, PA. If I win, I'd likely move to one of those states, turn in the ticket, then move back to my house. It would cost a few million paying state income tax in the winnings, but at that level, I wouldn't care. If I were to go public, I would feel like I had a target on my back. As a pediatrician, I can be sued up to 21 years after an adverse event. I've seen doctors successfully sued for things that were clearly not their fault.


Sent from my iPhone using Early Retirement Forum
__________________
EastWest Gal is offline   Reply With Quote
Old 01-10-2016, 08:14 PM   #36
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,444
Sorry, but I believe that you have to claim in the state where you bought the ticket.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is online now   Reply With Quote
Old 01-10-2016, 08:18 PM   #37
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
RunningBum's Avatar
 
Join Date: Jun 2007
Posts: 5,195
Quote:
Originally Posted by W2R View Post
It would probably be better for me to just leave well enough alone, and maybe just throw away that winning ticket and call it a night.
Wouldn't that be a hoot! They'd know a winning number was drawn, and no one steps forward to claim it. Everyone would be talking about that. Meanwhile, you sit back and smile to yourself, happy your life was not ruined.
__________________
RunningBum is offline   Reply With Quote
Old 01-10-2016, 08:49 PM   #38
Recycles dryer sheets
 
Join Date: Dec 2013
Posts: 331
Quote:
Originally Posted by EastWest Gal View Post
Remaining anonymous is an important thing, and only 6 states allow it. Two of them border my state, PA. If I win, I'd likely move to one of those states, turn in the ticket, then move back to my house.

Unfortunately you have to turn in the ticket in the state it was purchased, so unless you plan to travel to the bordering states for purchase too this won't work. I looked into this because I currently live in a non-lottery state, so I'd have to travel buy the ticket anyway. Sadly, the closest anonymous claim state is still several states away.


Sent from my iPhone using Early Retirement Forum
__________________
FI by 2024 is offline   Reply With Quote
Old 01-10-2016, 08:51 PM   #39
Full time employment: Posting here.
Ronnieboy's Avatar
 
Join Date: Feb 2008
Posts: 646
Quote:
Originally Posted by EastWest Gal View Post
Remaining anonymous is an important thing, and only 6 states allow it. Two of them border my state, PA. If I win, I'd likely move to one of those states, turn in the ticket, then move back to my house. It would cost a few million paying state income tax in the winnings, but at that level, I wouldn't care. If I were to go public, I would feel like I had a target on my back. As a pediatrician, I can be sued up to 21 years after an adverse event. I've seen doctors successfully sued for things that were clearly not their fault.


Sent from my iPhone using Early Retirement Forum

I did see on the entertainment/news that PA has had the most winners!

As I stood in a 5 minute line to buy my ticket I thought a few things, first, why am I standing and waiting in a line to throw my money away 😕
Second, all of the people in front of me are thinking the same thing I am, no matter how slight the chance there's always a chance and it just might be me 🤑
Third, it seems that a lot of the people coming in and buying lottery tickets sure drive nice expensive cars I saw multiples of Lexus, Infinity, BMW, and Mercedes.🚗
Fourth, I bet the clerk selling tickets all day has some sort of 'real' perspective on how hard it is to win, if I were working S/M/Tu/Wed 8 hour shifts selling PB rickets all shift and then no one wins it or at least no one in my state wins it I would think, damn I sold a sh!tton of tickets and no winner. Just think across this country how many clerks are doing the same....😳


Sent from my iPad using Early Retirement Forum
__________________
I don't want to spend my entire life at work. I deserve more. - Want2retire aka W2R
Ronnieboy is offline   Reply With Quote
Old 01-10-2016, 08:51 PM   #40
Recycles dryer sheets
 
Join Date: Jul 2014
Posts: 60
My list of charities is all ready!!

Also, doing something here in my home state. Repair roads, replace street light with the lights that don't add to light pollution (so you can have a better view of the stars). Put fountains in lakes so the water doesn't just be still and have that ugly greenish foam on top.

Everyone gets a free pass onto the Jersey Shore!! I'll be at DJ's if you want to stop by and thank me.
__________________

__________________
I find this early retirement topic sooo very overwhelming.
lampshade is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Got Your Powerball Tickets? haha FIRE and Money 46 12-01-2012 08:47 AM
When wealth managers win the Powerball lottery Nords Other topics 33 12-12-2011 06:22 PM
$315M Powerball Winner is now broke saluki9 FIRE and Money 57 02-11-2007 04:29 PM

 

 
All times are GMT -6. The time now is 03:54 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.