[Finance] Another HUGE lottery payout.

Official Old Man · Jul 20, 2022

The massive £195,000,000 Euro Lottery has been won in the UK. How come we seem to win the big one more than any other country? Just buy more tickets I guess.
Me. 4 tickets of which one number, one solitary number, matched. Surely the odds say out of 28 numbers more than one must match, but no.

Superphil · Jul 20, 2022

Tax on the Poor?

Boroseagull · Jul 20, 2022

To me it's an obscene amount for a solitary prize. How on earth do you, or could you, spend that amount of money?

Papa Lazarou · Jul 20, 2022

Boroseagull said:
To me it's an obscene amount for a solitary prize. How on earth do you, or could you, spend that amount of money?

You (or I, if I were to win) could do an awful lot of good, and still have enough money for you and your family and friends to live comfortably for life.

That's what I would do.

Reagulls · Jul 20, 2022

Jackpot should be capped at 50m (more than anyone could need surely?) with the rest spread downward to the next tier of winners
I might have a chance of winning some then!

GT49er · Jul 20, 2022

Ooh .......... I'd better go and check my numbers!

beorhthelm · Jul 20, 2022

Superphil said:
Tax on the Poor?

or more positively, charity contribution. taxes are enforced, lottery is voluntary.

Poyningsgull · Jul 20, 2022

Reagulls said:
Jackpot should be capped at 50m (more than anyone could need surely?) with the rest spread downward to the next tier of winners
I might have a chance of winning some then!

I wouldn't buy a ticket to win a paltry 50m

RandyWanger · Jul 20, 2022

Wasnt me but I'd have a few good ideas on how to spend it

hart's shirt · Jul 20, 2022

Sadly I wasn't allowed to enter the Eskimo lottery.

Apparently you've got to be Inuit to win it.

SAC · Jul 20, 2022

Boroseagull said:
To me it's an obscene amount for a solitary prize. How on earth do you, or could you, spend that amount of money?

Women and drink. The rest would be wasted.

Simster · Jul 20, 2022

beorhthelm said:
or more positively, charity contribution. taxes are enforced, lottery is voluntary.

The reason it is referred to as a tax on the poor is that the poor buy tickets more than anyone else - partly because they see no other path for upward mobility.

spongy · Jul 20, 2022

Boroseagull said:
To me it's an obscene amount for a solitary prize. How on earth do you, or could you, spend that amount of money?

Dunno, but I'd certainly like to have the opportunity to try.

The Optimist · Jul 20, 2022

Poyningsgull said:
I wouldn't buy a ticket to win a paltry 50m

But that’s the crazy thing, a £195m jackpot will sell more tickets than a £50m jackpot.

Greg Bobkin · Jul 20, 2022

Official Old Man said:
The massive £195,000,000 Euro Lottery has been won in the UK. How come we seem to win the big one more than any other country? Just buy more tickets I guess.
Me. 4 tickets of which one number, one solitary number, matched. Surely the odds say out of 28 numbers more than one must match, but no.

Is that actually the case, or do we just hear about the big wins here because they are, er, here? (I'm not trying to be argumentative, just don't know the answer and can't be bothered to look into it!)

As for how I would spend it, I would give the majority of it away. But then, as I very rarely do it, it's very unlikely to be me winning it!

Stat Brother · Jul 20, 2022

Papa Lazarou said:
You (or I, if I were to win) could do an awful lot of good, and still have enough money for you and your family and friends to live comfortably for life.

That's what I would do.

I didn't come here for a lecture in communism.

maltaseagull · Jul 20, 2022

Boroseagull said:
To me it's an obscene amount for a solitary prize. How on earth do you, or could you, spend that amount of money?

Agreed.

The top prize should be capped and the balance goes to a charity.

Weststander · Jul 20, 2022

Papa Lazarou said:
You (or I, if I were to win) could do an awful lot of good, and still have enough money for you and your family and friends to live comfortably for life.

That's what I would do.

How much of the £195m would you set aside in the @PL Charitable Foundation?

Not joking, from my perspective, at least £185m would be a starting point.

Mellor 3 Ward 4 · Jul 20, 2022

Boroseagull said:
To me it's an obscene amount for a solitary prize. How on earth do you, or could you, spend that amount of money?

Agree - I'd rather see 195 people win a million each

Weststander · Jul 20, 2022

Simster said:
The reason it is referred to as a tax on the poor is that the poor buy tickets more than anyone else - partly because they see no other path for upward mobility.

Especially by scratch cards! Awful things.

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[Finance] Another HUGE lottery payout.

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