PCF Powerball Group - 12/20 Drawing - 12/22 Drawing - CLOSED (3 Viewers)

[golobos]

Ship it! I’m in!

 

[twosevenbluff]

In

 

[Geremie]

Would you like me as a Canadian to collect and not have to pay taxes on it.
Then split it evenly. Probably a bump of 240%!
Good luck to us all.

Canadians wouldn’t have to pay Canadian income taxes; however, there would be US withholding taxes on the amount pursuant to the US-Canada tax treaty.

 

[ovo]

wow tommy, that is a lot of tix to buy, that will take some time you might have to call in sick to work

 

[dkellerd]

I’m in…money incoming now!

 

[Tommy]

wow tommy, that is a lot of tix to buy, that will take some time you might have to call in sick to work

I started buying tickets 2 days ago.

 

[Thomacetti]

Can I still pay ?

 

[chippitydoodah]

Can I still pay ?

With your luck this week???

 

[Thomacetti]

With your luck this week???

I’m due a 2-outer….if I was a slot machine every light is on atm…ready to pop the Major

 

[Tommy]

Final count: 125 members. $3125 worth of tickets. Plus $1, so $3126. Off to go hit the ATM and get the remaining $526 worth of tickets.

 

[Thomacetti]

Final count: 125 members. $3125 worth of tickets. Plus $1, so $3126. Off to go hit the ATM and get the remaining $526 worth of tickets.

O N E T I M E

 

[Taghkanic]

I've been playing 3x a week for 40 years and still did not break even.

Wow. What would you say your cumulative investment is? And your cumulative winnings?

FWIW:

40 x 52 x 3 = 6,240 buys. Say you bought $10 worth of tickets each time on average, that’s $62,400. If you put $30/week per year in the S&P 500 for 40 years, your investment would now be worth, based on reasonable expected rates of annual return:

7% (conservative historical average)

≈ $343,500​

8% (moderate)

≈ $457,700​

10% (strong historical nominal average)

≈ $832,900​

Even subtracting your cumulative $62K+ investment... It’s almost like winning a lottery.

GL everyone

 

[PlaidDragon]

PB site might be having... "issues" for some reason.

 

[CraigT78]

Wow. What would you say your cumulative investment is? And your cumulative winnings?

FWIW:

40 x 52 x 3 = 6,240 buys. Say you bought $10 worth of tickets each time on average, that’s $62,400. If you put $30/week per year in the S&P 500 for 40 years, your investment would now be worth, based on reasonable expected rates of annual return:

7% (conservative historical average)

≈ $343,500​

8% (moderate)

≈ $457,700​

10% (strong historical nominal average)

≈ $832,900​

Even subtracting your cumulative $62K+ investment... It’s almost like winning a lottery.

GL everyone

 

[raynmanas]

Wow. What would you say your cumulative investment is? And your cumulative winnings?

FWIW:

40 x 52 x 3 = 6,240 buys. Say you bought $10 worth of tickets each time on average, that’s $62,400. If you put $30/week per year in the S&P 500 for 40 years, your investment would now be worth, based on reasonable expected rates of annual return:

7% (conservative historical average)

≈ $343,500​

8% (moderate)

≈ $457,700​

10% (strong historical nominal average)

≈ $832,900​

Even subtracting your cumulative $62K+ investment... It’s almost like winning a lottery.

GL everyone

you could do the same math for your morning coffee, or nice dinners, or vacations, or poker chip purchases/any other hobby, etc.

hopefully everyone knows to "pay yourself first" to get those returns you're talking about, but lottery purchases should always fall under discretionary spending - they are not an investment.

 

[CraigT78]

you could do the same math for your morning coffee, or nice dinners, or vacations, or poker chip purchases/any other hobby, etc.

hopefully everyone knows to "pay yourself first" to get those returns you're talking about, but lottery purchases should always fall under discretionary spending - they are not an investment.

I had some fun with this.witj my friend Gemini.

Since I was 18, I’ve been making the 'financial mistake' of eating lunch every day. If I had simply chosen to starve myself for the last 29 years and invested that $10/day into the S&P 500, I’d have $612,400 right now.

It gets worse. Since 2007, I’ve paid for Netflix. If I’d invested that $11/month into Netflix stock instead of watching it, I’d have another $385,000.

So, in an alternate universe where I am a starving, bored hermit who stares at a blank wall in total silence, I’m a millionaire. But since I already 'spent' a million dollars just to enjoy being alive for the last three decades, I figure $25 for a shot at $3.46 million (my post-tax share of the cash) is a bargain.

I kept digging. I realized I’ve been using toilet paper like a reckless spendthrift for 29 years.
If I’d just bought a bidet attachment at age 18 and invested my annual toilet paper budget into the S&P 500, I’d have an extra $27,800 right now. I’ve literally been flushing a brand new car down the toilet one square at a time.

Between that, my $612k lunch habit, and my $385k Netflix stock 'loss,' I am currently down about one million dollars just for the privilege of being a fed, clean human who knows what happened in Stranger Things. (I don't lol)

At this point, the $25 for the lottery pool is the only thing in my budget that hasn't cost me a fortune yet!"

 

[EmptyPocs]

Wow. What would you say your cumulative investment is? And your cumulative winnings?

FWIW:

40 x 52 x 3 = 6,240 buys. Say you bought $10 worth of tickets each time on average, that’s $62,400. If you put $30/week per year in the S&P 500 for 40 years, your investment would now be worth, based on reasonable expected rates of annual return:

7% (conservative historical average)

≈ $343,500​

8% (moderate)

≈ $457,700​

10% (strong historical nominal average)

≈ $832,900​

Even subtracting your cumulative $62K+ investment... It’s almost like winning a lottery.

GL everyone

At some point the game changed from 2x week to 3x and I did not know that for quite a while.
I just play one game 3x weekly so it is $6 weekly. $12,480 + $310 (3rd game weekly the last ~2 years) (never mind times I forgot to play).
& Not counting Lotto and Mega-Millions 2x weekly.

I did play and extra random pick 10 games for today's drawing.

Someone I know did this after winning a 5 million scratch-off:

I can think of better things to do.

 

[ekricket]

you could do the same math for your morning coffee, or nice dinners, or vacations, or poker chip purchases/any other hobby, etc.

hopefully everyone knows to "pay yourself first" to get those returns you're talking about, but lottery purchases should always fall under discretionary spending - they are not an investment.

Vonnegut had a theory of Hell where you were just constantly reminded about missed opportunities.

“You could have bought IBM at $30 a share, but there you were “Asleep at the switch.””

“You walked over a rare penny and didn’t pick it up when you were 18, it was worth about $50,000, but there you were “asleep at the switch”.

 

[CraigT78]

While fucking around with Gemini on all the missed opportunities in my life (such as not staying in my mom's basement and becoming a you tuber)

It suggested I write my resignation letter.

Please accept this as my formal resignation from the position of corporate ghost, effective immediately. (I work remote and will quiet quit)

I’ve spent the last 15 weeks "re-evaluating my alignment with the core KPIs of the organization." After a deep dive into my personal bandwidth and several high-level internal audits, I’ve decided to pivot my career toward "Full-Time Leisure and Wealth Management."

I want to thank you for the opportunity to work remotely. It has provided me with the flexibility to realize that while I value the team, I value not working significantly more.

I have left my laptop on the kitchen counter of my old house. If you need the password, it’s PowerBall69! (case sensitive).

Best of luck with the upcoming quarter,
CraigT78
Former Employee, Current Millionaire

 

[Tommy]

All DMs have been sent with a copy of the tickets.

LET'S GO!!!

 

[CraigT78]

All DMs have been sent with a copy of the tickets.

LET'S GO!!!

Trying to open those files crashed my phone

 

[raynmanas]

Trying to open those files crashed my phone

i already made myself a reduced size version with text recognition for easy searching later tonight

 

[Tommy]

Trying to open those files crashed my phone

lol, if you're for real, try downloading the PDF first. It's a 32mb file.

 

[Tommy]

i already made myself a reduced size version with text recognition for easy searching later tonight

Great idea for finding winners.

 

[CraigT78]

lol, if you're for real, try downloading the PDF first. It's a 32mb file.

Its my inlaws dial up Internet

 

[Tommy]

Its my inlaws dial up Internet

 

[BEANO52]

i already made myself a reduced size version with text recognition for easy searching later tonight

Let me know when we win and see you all on PCF island !

 

[chippitydoodah]

Its my inlaws dial up Internet

 

[EmptyPocs]

Is there a way to upload those #'s to insta-check or do you have to get them all scanned by the unhappy PowerBall clerk?

 

[Tommy]

Is there a way to upload those #'s to insta-check or do you have to get them all scanned by the unhappy PowerBall clerk?

I can scan them myself at the store.