How Much Is Not Enough?

Tonight’s Powerball jackpot is about 500 million dollars (give or take a million).

500 million

I, like many others around the country, will be joining forces with several friends and purchasing large quantities of tickets.

The theory, naturally, is to increase our chances of winning.

 

I’ve done it before and I must admit, it’s difficult to not fantasize about all the things I’m going to do with the booty, even though I know the result will most likely be a repeat of this attempt.

In tonight’s pool there will be 15 of us, each contributing $6 – which means, at $2 per ticket, we will have 45 chances to win.

If, or should I say WHEN, we win, and take the lump-sum payout, we’ll each walk away with about $24 million.

Not too shabby.

I could finally replace the missing hubcap on my Mitsubishi and buy some new socks.

cashI think it’s even safe to say that my great-grandchildren will still be enjoying it after I’m gone…

I also think it’s safe to say that there a very few people who would take issue with such a nice payday.

Which brings me to the reason I decided to write this post…

As I said, I’ll be one of 15 people in this attempt to hit it big…but the number of people in the group isn’t always that high.

There are only four of us willing to take a chance every week, regardless of the size of the jackpot. The rest are bandwagon-jumpers only interested when they stand to make “the big bucks”.

This attitude baffles me because the minimum Powerball jackpot is $40 million.

Minimum.

That’s Forty Meeeeeelllllion dollars.  Dr Evil

Some basic math tells us that, if there were 15 people participating, each person would pocket a cool 1.33 million.

Apparently 1.33 million isn’t enticing enough for some people to risk five or six bucks.

Now, granted…1.33 is not 24 – but is the risk/reward really that bad?

The guy who runs the pool I’m in (we’ll call him Julio) has determined that the “others” usually start climbing on board when the jackpot clears the 200 million mark.

More basic math…and we learn that the magic number for participation seems to be (gulp) 6.66 million.

I’m not one to cling to religious dogma, but that’s a bit eerie.

Anyway…root of all evil notwithstanding – I’ll throw my hat into any ring that has the word million attached to it.

root of all evil

If you play, good luck – hopefully one of us will get to sleep in tomorrow.

If I don’t win tonight, I’ll try again next week when the jackpot will either be in the neighborhood of 600 million ( a very nice neighborhood, indeed) or a paltry 40 million (not exactly the projects).

nice neighborhood

And if it’s true that money doesn’t buy happiness, at least I’ll be able to buy lots of stuff to take my mind off my misery.

Good luck to all of us and remember…

You can’t lose if you don’t play.

 

As always – thank you for reading

Advertisements

11 Comments

Filed under Uncategorized

11 responses to “How Much Is Not Enough?

  1. I hope that, when you win, you remember your good old friends who were there for you when you had nothing but a stack of books to sell … 😉

  2. Author Rebecca Heishman

    My husband and I have purchased a ticket every week for as long as the thing has been going on. It is beautiful food for fantasy. Anyone who tells you that they don’t fantasize about what they would do with a gigantic sum of money is living in another type of world — the world of denial. Over the years, we’ve won nothing but a few free tickets. But, I’m such an optimist that I believe that all these years of losing have padded my chances of winning big tonight! If I win tonight, I’ll send you that hubcap and a nice bundle of socks if you promise never to wear the socks with those sandals you wear down there. Nothing will kill a man’s cool factor quicker than wearing socks with sandals.

  3. Oh boy the game is on ~ we have our ticket in hand.

  4. Sorry to tell you, you can’t win. I’m not in your pool and I intend to be tonight’s winner. But I will buy you as many socks as you need with my winnings.

  5. That is eerie about the 6.66 million. Even 1.33 million would boggle my mind. Good luck!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s