http://www.bargaineering.com/articles/powerball-jackpot-at-340m-dont-play.html personal finance blog with anecdotes, advice and commentary. Sun, 12 Feb 2012 22:21:00 +0000 hourly 1 http://www.bargaineering.com/articles/powerball-jackpot-at-340m-dont-play.html/comment-page-1#comment-344894 dirwin Wed, 12 May 2010 14:27:52 +0000 http://www.bargaineering.com/articles/?p=367#comment-344894 Sounds like that lottery winner didn't know how to protect his privacy or keep his mouth shut. And having a briefcase full of bills is a no-no when you got lots of money. You move, change your name and live like your a poor down and outer, just like everyone else who has no money. If you win that is. One thing about getting a big win on the lottery or from an unknown uncle, is it gives you freedom from work. So, even if you never spend much of your money or live like a rich cat, at least it gives you freedom from a day to day job you hate. You need to manage your money and keep your privacy in tact. Sounds like that lottery winner didn’t know how to protect his privacy or keep his mouth shut. And having a briefcase full of bills is a no-no when you got lots of money. You move, change your name and live like your a poor down and outer, just like everyone else who has no money. If you win that is. One thing about getting a big win on the lottery or from an unknown uncle, is it gives you freedom from work. So, even if you never spend much of your money or live like a rich cat, at least it gives you freedom from a day to day job you hate. You need to manage your money and keep your privacy in tact.

]]> http://www.bargaineering.com/articles/powerball-jackpot-at-340m-dont-play.html/comment-page-1#comment-326620 zts Sat, 29 Aug 2009 14:24:13 +0000 http://www.bargaineering.com/articles/?p=367#comment-326620 I don't understand that value judgment. Is there really any practical difference between, say, $300M and $200M? Does anyone say, "Well, it isn't worth it to spend $1 to try to win $200M, but it *is* worth it to spend $1 to try to win $300M." Maybe they do, everyone has to draw their line somewhere. But if I'm willing to spend $1 to try to win $300M, I will also say it is worth it to spend $1 to try to win $200M. Both of these are so such huge numbers that the difference between them, while also huge, seems almost negligible. I don’t understand that value judgment. Is there really any practical difference between, say, $300M and $200M? Does anyone say, “Well, it isn’t worth it to spend $1 to try to win $200M, but it *is* worth it to spend $1 to try to win $300M.” Maybe they do, everyone has to draw their line somewhere. But if I’m willing to spend $1 to try to win $300M, I will also say it is worth it to spend $1 to try to win $200M. Both of these are so such huge numbers that the difference between them, while also huge, seems almost negligible.

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