Yeah - they just take their scrape when you buy it, not when it's won.MMike said:Lottery winnings are tax-free in Quebec.....
Quit my job. Ski alot. Travel alot. Ride alot. Travel and ski. Travel and ride. Maybe become an ex-pat and move to Europe for awhile. See the world.BigMike said:Wat the hell would you do with that much money? I can't even fathom that much money
Jimmy_Pop said:If i win this lotto, I am buying everybody on RM with 1000 or more posts a new bicycle of their choice. Mark my words or something ...
joel
Westy said:I'd build a hollowed out volcano where I would build a giant WMD in an attempt to take over the world.
id buy a nice chunk of land, build one hellava bike park, and invite all the s over to help me break it inBigMike said:Wat the hell would you do with that much money? I can't even fathom that much money
You've obvioulsy not put enough thought into this. Tire would explode. Shock seals would let go. Where is your head??zahgurim said:I'd buy a normal house, a couple sportscars, bank about 10 million to live off of the interest, and then pay Russia the rest to take me to the moon so I could be the first to ride my bike there.
Queue Alanis Morisette music :barf:blt2ride said:Or, it would be the day I was hit by a bus...
Ahhhhhahhahahhaha. I was thinking the same thing, just didn't have the heart to say it out loud. :nuts:Echo said:Queue Alanis Morisette music :barf:
TEAM AMERICA *&%$ YEAY!!!Westy said:I'd build a hollowed out volcano where I would build a giant WMD in an attempt to take over the world.
wow I better start post Ho'ingJimmy_Pop said:If i win this lotto, I am buying everybody on RM with 1000 or more posts a new bicycle of their choice. Mark my words or something ...
joel
MunkeeHucker said:wow I better start post Ho'ing
I'd buy a new butt.BigMike said:Wat the hell would you do with that much money? I can't even fathom that much money
Be sure and let us know how it works out for ya.N8 said:Tonite is the nite!!!!
That is where the tax on people with poor math skills comes in.lovebunny said:where does the money come from anyway? who funds it?
Tenchiro said:That is where the tax on people with poor math skills comes in.
That beings said, SOMEONE has to win. Same reason people go to Vegas. Please know, I don't buy lotto tickets very often, but if I'm at the quick-e-mart buying a six pack, toss a buck in the pot for the hell of it.Echo said:I can't believe there are people who don't already know this, but:
The "lotto jackpot" is a number that reflects how many tickets were sold.
For instance, if 100 million lottery tickets were sold at $1.00 each, the jackpot is, for example, $10 million (I'm sure the numbers are different, but you get the idea). So the government pockets $90 million, right? Wrong. They pocket the whole $100 million, and invest it in a "virtual trust fund" which earns interest. Over the course of 20 years, the winner gets the interest, minus taxes, which works out to the $10 million jackpot.
So for the jackpot to get up to $400 million or so, there have literally been BILLIONS of tickets sold. When you buy that "dollar and a dream" crap, your odds are 1 in several billion of winning.