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      04-20-2006, 09:54 PM   #23
ase2dais
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The first thing I'll buy are chrome BMW air valve caps,
I'll go all out and get 4
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Originally Posted by shimshimhada
The first thing I'll buy is this:
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      04-20-2006, 11:19 PM   #24
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I'd buy a set of PMBs for everyone on e90post.com.
can I get the white one PMB,
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      04-20-2006, 11:26 PM   #25
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If i did win yeah i just give my parent 1million and get my wife her dream car MB SL65 AMG and for myself 911 GT3 (like Shim) with a daily driver M5
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      04-21-2006, 12:22 AM   #26
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How? It's not even in the states yet.

I saw a GT3.
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      04-21-2006, 12:44 AM   #27
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Lottery is a joke.
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      04-21-2006, 09:09 AM   #28
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it's a tax on people that are bad at math

there's been discussions about the lottery being a bad thing as too many poor people spend too much money (that they can't afford) on lottery tickets while people with above average money tend to not buy lottery tickets
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      04-21-2006, 03:32 PM   #29
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Originally Posted by ward
it's a tax on people that are bad at math

there's been discussions about the lottery being a bad thing as too many poor people spend too much money (that they can't afford) on lottery tickets while people with above average money tend to not buy lottery tickets

Including tax and lump sum, you take home 35.5% of what you win. Figure that out...

For the math inclined, multiply the amount of money you would earn by 0.355 and youll figure out what you would take home from the lottery...
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      04-21-2006, 04:06 PM   #30
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Quote:
Originally Posted by bavarian19
For the math inclined, multiply the amount of money you would earn by 0.355 and youll figure out what you would take home from the lottery...
That doesn't bolster any argument against the lottery because even if it's just 35%, that's still $2,450,000 from just the CA Super Lotto out of a $1 purchase.

How long does it take to make $2,450,000? Well, the average taxpayer who makes 6 figures pays roughly between 30-40% of earnings on taxes so let's just give the guy a break at just a lowly 30%: with a salary of 150k/year (a lot for the typical American), after taxes, he'll bring home just $105,000 a year. That's 23.3 years of working.

Math inclined or not, it's a no-brainer that winning the lotto is still blingin'.
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      04-21-2006, 04:19 PM   #31
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the problem isn't that winning the lottery is small $$$$$$

it's that stupid poor people spend like 20 bucks a week on lottery tickets that they badly need for food, clothing......

the lottery is a drain on the poor
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      04-21-2006, 04:44 PM   #32
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At least most of the winners are poor people. Most winning tickets are sold from liquor shops in the ghettos. In fact, there are many liquor shops in LA that sold multiple winning jackpot tickets.
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      04-21-2006, 04:46 PM   #33
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My day to win will come....

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