The Megamillions jackpot for tomorrow (July 29)
has been boosted to $1100 million annuity/$684.6 million lump,
pretax...so lots of people are buying tickets in the hope
that they will get it,and all or almost all of them will not.

-=-=-
The World Trade Center towers MUST rise again,
at least as tall as before...or terror has triumphed.

Louis Epstein <le@top.put.com> wrote:
> The Megamillions jackpot for tomorrow (July 29)
> has been boosted to $1100 million annuity/$684.6 million lump,
> pretax...so lots of people are buying tickets in the hope
> that they will get it,and all or almost all of them will not.

A draw day boost makes the numbers $1280 million annuity
(31 payments over 30 years that grow from ~$19M-$79M,
per Usamega.com NY's aftertax net would grow about $10M-$40M)
and $747.2M pretax lump(some states' taxes knock that under
$400M and feds alone knock it down to $470M).

The bigger the numbers the more demand and more inevitable
disappointment.

If it rolls tonight (odds are against this with sales this high)
it would break the all-time record,which means I would buy a
ticket for the first time in years (and then never again until
that record breaks).

> -=-=-
> The World Trade Center towers MUST rise again,
> at least as tall as before...or terror has triumphed.

In article <tc1pqk$om9$1@reader2.panix.com>, Louis Epstein
<le@top.put.com> wrote:

> Louis Epstein <le@top.put.com> wrote:
> > The Megamillions jackpot for tomorrow (July 29)
> > has been boosted to $1100 million annuity/$684.6 million lump,
> > pretax...so lots of people are buying tickets in the hope
> > that they will get it,and all or almost all of them will not.
>
> A draw day boost makes the numbers $1280 million annuity
> (31 payments over 30 years that grow from ~$19M-$79M,
> per Usamega.com NY's aftertax net would grow about $10M-$40M)
> and $747.2M pretax lump(some states' taxes knock that under
> $400M and feds alone knock it down to $470M).
>
> The bigger the numbers the more demand and more inevitable
> disappointment.
>
> If it rolls tonight (odds are against this with sales this high)
> it would break the all-time record,which means I would buy a
> ticket for the first time in years (and then never again until
> that record breaks).

I never buy lottery tickets. I would if I had a time machine and could
cheat.

A Friend <nope@noway.com> wrote:
> In article <tc1pqk$om9$1@reader2.panix.com>, Louis Epstein
> <le@top.put.com> wrote:
>
>> Louis Epstein <le@top.put.com> wrote:
>> > The Megamillions jackpot for tomorrow (July 29)
>> > has been boosted to $1100 million annuity/$684.6 million lump,
>> > pretax...so lots of people are buying tickets in the hope
>> > that they will get it,and all or almost all of them will not.
>>
>> A draw day boost makes the numbers $1280 million annuity
>> (31 payments over 30 years that grow from ~$19M-$79M,
>> per Usamega.com NY's aftertax net would grow about $10M-$40M)
>> and $747.2M pretax lump(some states' taxes knock that under
>> $400M and feds alone knock it down to $470M).
>>
>> The bigger the numbers the more demand and more inevitable
>> disappointment.
>>
>> If it rolls tonight (odds are against this with sales this high)
>> it would break the all-time record,which means I would buy a
>> ticket for the first time in years (and then never again until
>> that record breaks).
>
>
> I never buy lottery tickets. I would if I had a time machine and could
> cheat.

Illinois is reporting a winner but not yet verified if that's the only
winner.
My buying one chance at the prospective $1700 million for Tuesday would
not be in the expectation of winning,only to be part of history.

-=-=-
The World Trade Center towers MUST rise again,
at least as tall as before...or terror has triumphed.

Louis Epstein <le@top.put.com> wrote:
> A Friend <nope@noway.com> wrote:
>> In article <tc1pqk$om9$1@reader2.panix.com>, Louis Epstein
>> <le@top.put.com> wrote:
>>
>>> Louis Epstein <le@top.put.com> wrote:
>>> > The Megamillions jackpot for tomorrow (July 29)
>>> > has been boosted to $1100 million annuity/$684.6 million lump,
>>> > pretax...so lots of people are buying tickets in the hope
>>> > that they will get it,and all or almost all of them will not.
>>>
>>> A draw day boost makes the numbers $1280 million annuity
>>> (31 payments over 30 years that grow from ~$19M-$79M,
>>> per Usamega.com NY's aftertax net would grow about $10M-$40M)
>>> and $747.2M pretax lump(some states' taxes knock that under
>>> $400M and feds alone knock it down to $470M).
>>>
>>> The bigger the numbers the more demand and more inevitable
>>> disappointment.
>>>
>>> If it rolls tonight (odds are against this with sales this high)
>>> it would break the all-time record,which means I would buy a
>>> ticket for the first time in years (and then never again until
>>> that record breaks).
>>
>>
>> I never buy lottery tickets. I would if I had a time machine and could
>> cheat.
>
> Illinois is reporting a winner but not yet verified if that's the only
> winner.

And so it proved out...$1337M final annuity value,
lump value $780.5M which would be knocked down to $453.1M
by USA/Illinois taxes.

> My buying one chance at the prospective $1700 million for Tuesday would
> not be in the expectation of winning,only to be part of history.
>
> -=-=-
> The World Trade Center towers MUST rise again,
> at least as tall as before...or terror has triumphed.

On Friday, July 29, 2022 at 9:34:12 PM UTC-4, A Friend wrote:
> I never buy lottery tickets. I would if I had a time machine and could
> cheat.

I don't either - as many have pointed out, it just warps your attitude toward your ability to succeed on your own.

Not to mention the depression you feel every time you lose.

But sometimes I dream of winning a "small" lottery - say, 4 million after taxes. Especially if I could stay anonymous.

Fran Lebowitz admitted to playing the lottery - but she also said "I figure you have as much of a chance of winning whether you play or not."

Lenona <lenona321@yahoo.com> wrote:
> On Friday, July 29, 2022 at 9:34:12 PM UTC-4, A Friend wrote:
>
>> I never buy lottery tickets. I would if I had a time machine and could
>> cheat.
>
> I don't either - as many have pointed out, it just warps your attitude toward your ability to succeed on your own.
>
> Not to mention the depression you feel every time you lose.
>
> But sometimes I dream of winning a "small" lottery - say, 4 million after taxes. Especially if I could stay anonymous.
>
> Fran Lebowitz admitted to playing the lottery - but she also said "I figure you have as much of a chance of winning whether you play or not."

Since I buy only when an all-time jackpot record is broken,
I treat each ticket bought as inoculating me against ever
buying for a jackpot that small again.

-=-=-
The World Trade Center towers MUST rise again,
at least as tall as before...or terror has triumphed.