Lottery is a bit crap

Lottery is a bit crap

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robinessex

11,059 posts

181 months

Friday 17th October 2014
quotequote all
I think the Euro should be limited to £10m, just up the number of winners when it's not won. After due diligence, me and the wife worked out how to spend £5m on things we'd like and things we'd like to experience and see. After that, the only way of reducing it is give it away to relatives and friends. If you win +£100m, you'll earn so much in interest that you'll never be able to spend it. Unless you buy an island, a Jumbo Jet, or a huge yacht. There is another bonus in a big win. The ability to tell all the aholes you encounter in life to fk off !!

Butter Face

30,308 posts

160 months

Friday 17th October 2014
quotequote all
robinessex said:
I think the Euro should be limited to £10m, just up the number of winners when it's not won. After due diligence, me and the wife worked out how to spend £5m on things we'd like and things we'd like to experience and see. After that, the only way of reducing it is give it away to relatives and friends. If you win +£100m, you'll earn so much in interest that you'll never be able to spend it. Unless you buy an island, a Jumbo Jet, or a huge yacht. There is another bonus in a big win. The ability to tell all the aholes you encounter in life to fk off !!
I don't think the point of winning £100m+ is that you spend it. That kind of money would basically safeguard your family for generations. You could change your loved ones lives overnight, medical treatment, houses, anything they ever need.


Mr Trophy

6,808 posts

203 months

Friday 17th October 2014
quotequote all
Thanks for the heads up. I've just bought 7 tickets, if I win, I'll make sure I personally buy you a beer or two.

KingNothing

3,168 posts

153 months

Friday 17th October 2014
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Had £20 in my account, spunked it all away tonight, if I'm lucky I'll probabley get back £2.80 or something.

andygo

6,804 posts

255 months

Friday 17th October 2014
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Just purchased 3 tickets which is a bit silly as when I win the jackpot I will have wasted £4.

TwigtheWonderkid

43,368 posts

150 months

Friday 17th October 2014
quotequote all
Butter Face said:
TwigtheWonderkid said:
JohneeBoy said:
I've gone in with 5 tickets too; 2 more than usual. 5 in 116m chance. Favourable odds, I'd say.
Yup, one in 23.5 million. I'd start making plans on how to live your new life if I were you. hehe
Er, the odds are still 5 in 116m wink
How is that different to 1 in 23.5m? Or have I missed a parrot?

loafer123

15,441 posts

215 months

Friday 17th October 2014
quotequote all
TwigtheWonderkid said:
Butter Face said:
TwigtheWonderkid said:
JohneeBoy said:
I've gone in with 5 tickets too; 2 more than usual. 5 in 116m chance. Favourable odds, I'd say.
Yup, one in 23.5 million. I'd start making plans on how to live your new life if I were you. hehe
Er, the odds are still 5 in 116m wink
How is that different to 1 in 23.5m? Or have I missed a parrot?
You have missed a parrot the size of a jumbo jet as just because you have 5 tickets, your probability of winning is still only five times at the same odds.

Imagine five friends buy 1 ticket each. If the first one has odds of 1:116m, what odds does the second one have?

226bhp

10,203 posts

128 months

Friday 17th October 2014
quotequote all
Mr Trophy said:
Thanks for the heads up. I've just bought 7 tickets, if I win, I'll make sure I personally buy you a beer or two.
Hopefully not serious.

vescaegg

25,549 posts

167 months

Friday 17th October 2014
quotequote all
robinessex said:
I think the Euro should be limited to £10m, just up the number of winners when it's not won. After due diligence, me and the wife worked out how to spend £5m on things we'd like and things we'd like to experience and see. After that, the only way of reducing it is give it away to relatives and friends. If you win +£100m, you'll earn so much in interest that you'll never be able to spend it. Unless you buy an island, a Jumbo Jet, or a huge yacht. There is another bonus in a big win. The ability to tell all the aholes you encounter in life to fk off !!
I could easily spend £128m although I probably wouldnt want to.

£28m to family and friends? £20m to charity? Thats down to £80m already.

Company I work for builds houses which regularly top £15-20m. Add a flat in New York and Central London

Now at say £50m already....

Then the cars and holidays or 'living life' as it would then be known.....

Butter Face

30,308 posts

160 months

Friday 17th October 2014
quotequote all
TwigtheWonderkid said:
Butter Face said:
TwigtheWonderkid said:
JohneeBoy said:
I've gone in with 5 tickets too; 2 more than usual. 5 in 116m chance. Favourable odds, I'd say.
Yup, one in 23.5 million. I'd start making plans on how to live your new life if I were you. hehe
Er, the odds are still 5 in 116m wink
How is that different to 1 in 23.5m? Or have I missed a parrot?
I don't think you could buy a parrot that big with all of the £100m+ wink


Edit: One of my colleagues just said "Well, I think it's a mugs game anyway, there'll be loads of people buying tickets so your odds of winning are even lower" hehe


I suppose the chances of you getting the jackpot all to yourself are marginally lower, but the odds of winning don't change.

Edited by Butter Face on Friday 17th October 13:32

Bullett

10,886 posts

184 months

Friday 17th October 2014
quotequote all
I thought about the holiday home in London, New York etc and then thought "why bother?" if travelling for fun I'd just stay in good hotels even £1k a night is nothing and in the case of London I only live a hour on the train anyway so a driver and a Rolls would be a better idea. Ok you don't get the investment return, but would it matter with 100m in the bank.


Butter Face

30,308 posts

160 months

Friday 17th October 2014
quotequote all
Bullett said:
I thought about the holiday home in London, New York etc and then thought "why bother?" if travelling for fun I'd just stay in good hotels even £1k a night is nothing and in the case of London I only live a hour on the train anyway so a driver and a Rolls would be a better idea. Ok you don't get the investment return, but would it matter with 100m in the bank.
I agree,

My wife says 'wouldn't it be nice to have a place in etc etc' and my response is that she must be mad, you'd just have the best room in the best hotel anywhere you needed to be. It'd be easier and probably more cost efficient.

wiliferus

4,063 posts

198 months

Friday 17th October 2014
quotequote all
Butter Face said:
Bullett said:
I thought about the holiday home in London, New York etc and then thought "why bother?" if travelling for fun I'd just stay in good hotels even £1k a night is nothing and in the case of London I only live a hour on the train anyway so a driver and a Rolls would be a better idea. Ok you don't get the investment return, but would it matter with 100m in the bank.
I agree,

My wife says 'wouldn't it be nice to have a place in etc etc' and my response is that she must be mad, you'd just have the best room in the best hotel anywhere you needed to be. It'd be easier and probably more cost efficient.
Exactly, so much of the world to see. With all that money you could jetset all over the world living life in the most luxurious hotels.
I would just have a huge house in the UK, and an account with a high end travel company smile

petrolsniffer

2,461 posts

174 months

Friday 17th October 2014
quotequote all
syndicate been going round work the last three draws including this one.

128M between 50 of us now that would be nice and no night team left laugh

Blib

44,109 posts

197 months

Friday 17th October 2014
quotequote all
You should all join the PH lottery. We don't even know what to do with all of our winnings. yes

crashley

1,568 posts

180 months

Friday 17th October 2014
quotequote all
Butter Face said:
I agree,

My wife says 'wouldn't it be nice to have a place in etc etc' and my response is that she must be mad, you'd just have the best room in the best hotel anywhere you needed to be. It'd be easier and probably more cost efficient.
I'd prob buy a nice place in the South of France, as i'd imagine spending a lot of time there, and would appreciate having locally registered vehicles and the ability to take my dogs without too much hassle.

omgus

7,305 posts

175 months

Friday 17th October 2014
quotequote all
Blib said:
You should all join the PH lottery. We don't even know what to do with all of our winnings. yes
rofl
I fell for that line before.

Although i will be right back in on it when it comes around again just to avoid the worry of you lot winning it without me.


Still saving for that Moon on a stick? hehe

Blib

44,109 posts

197 months

Friday 17th October 2014
quotequote all
omgus said:
rofl:


Still saving for that Moon on a stick? hehe
They promised me!!!!

banghead

Jasandjules

69,895 posts

229 months

Friday 17th October 2014
quotequote all
With 130m I would give away 50 million and still be set for life.

KingNothing

3,168 posts

153 months

Friday 17th October 2014
quotequote all
crashley said:
Butter Face said:
I agree,

My wife says 'wouldn't it be nice to have a place in etc etc' and my response is that she must be mad, you'd just have the best room in the best hotel anywhere you needed to be. It'd be easier and probably more cost efficient.
I'd prob buy a nice place in the South of France, as i'd imagine spending a lot of time there, and would appreciate having locally registered vehicles and the ability to take my dogs without too much hassle.
I'd buy a place somewhere where the tax system is a bit less punitive and make in my primary residence, somewhere where there's less chance of a Labour type party getting in power and charging you a fee for living in your expensive house. Then just travel the rest of the world.