600 Million PowerBall Tempted?

I bought a $6 buy-in at my company, 43 of us playing would win about 10 million each.
60 employees. How many would show up on Monday?
Can you say skeleton crew?

Actually I would probably still work for a while. I have shares in the company so I want it to make money and who can afford health insurance on their own?

I bought tickets the other day

The cost to buy every single combination of numbers is 176 million dollars to win 600 million, it sounds like a no brainer. I wonder if a syndicate will try to buy every single number.

Would you spend $176 to win $600?

Not enough time to print every single combination on the tickets - you'd need people in over 500 separate locations 24x7 with no pauses in the printing.

The IRS takes half. Jackpot is $300 Million net.

Any other winner splits the pot again.

Odds of winning are 1 in 175 million. Tickets are $2 each. So, it'd cost $350 million to buy them all.

Now, would you spend $350 to win $300?

If you had the $176, or $350, million......would you really spend it on lottery tickets? why would you even need to win the lottery?

becasue some people just need to gamble? It's the thrill of winning, of beating the odds?

If you gave the ticket to a charity or a charity bought it outright, would they have to pay income taxes on it?

Create a religion like L. Ron Hubbard and buy tickets.

pacamom wrote: becasue some people just need to gamble? It's the thrill of winning, of beating the odds?

True. I have a bet on Orb in the horse race this week, $11 risked to win $10.