What To Do After Winning The LotteryBy Shirley HillYes, we all know that it's a pipedream for most but then there are that small percentage that do win. Where do you go from there?
First on the agenda would be to jump, scream, hug the person closest to you and then call your Mother. Now it's time to get serious.
Although you are pretty anxious to get a hold of "your" money, stop! A lot of winners have waited from a few days to two weeks because they are getting some very important legal advice. Before you rush off and end up on the list of sudden millionaires who are left penniless, follow some vital steps in securing your newfound wealth.
- Keep your ticket safe. People have kept it in strange places such as sock drawers, under their pillows and the best place, a safe deposit box.
- You haven't won until you collect the money. Instead of rushing right out and quitting that job, take a little vacation or sick leave time without spilling the beans. The fewer people that know that you're a future millionaire, the better!
- Find yourself some people that you can trust. This means accountant, financial advisor and definitely a lawyer! Most of us do not know these type of professionals so talk to others that you know and trust that do use these kinds of people on a daily basis. If even your friends and family don't know these type of people, find yourself a
Since 1990, the NBA switched to a weighted lottery system, giving the team with the worst record during the regular season the best chance at landing the first pick. While the NBA Draft Lottery has undergone various modifications over the years, the system has become the most fair, if not most semi-exciting, method in determining the draft order for the non-playoff teams.Take a look back at the history and numbers of the draft, who has been the luckiest, and some interesting factoids of a day that can change the lives of NBA franchises.
3: The most times a single team, the Orlando Magic, has won the NBA Draft Lottery since the change to the weighted system in 1990, including two straight years in 1992 and 1993.
3: The number of times the team with the worst record and highest probability of winning the number one pick actually wins the pick (New Jersey Nets in 1990; Cleveland Cavaliers in 2003; Orlando Magic in 2004).
5: The 2nd-worst record has won the NBA Draft Lottery more than any other spot on the “worst-record” totem pole.
7: Ever since the 1990 NBA Draft Lottery, this is the number of players who were selected with the first pick and have not yet made an All-Star team (Joe Smith, 1995; Michael Olowokandi, 1998; Kwame Brown, 2001; Andrew Bogut, 2005; Andrea Bargnani, 2006; Greg Oden, 2007; John Wall, 2010).
1.52%: Despite only having one lottery chance in the 1993 NBA Draft …
In order to understand how to beat your state lottery, you need to understand the lottery first. My Uncle loves the lottery. He calls it a voluntary tax. He's right, too! No one forces anyone to buy a ticket and play. But that dollar (or five, or ten or more) is most surely a non-deductible contribution to the state treasury.We all have heard one wag or another compare winning a big grand lottery prize to some never-going-to-happen event. For some reason being hit by lightning while doing some oddball activity seems to be a favorite. Since I'm not likely to deliver twins while being struck by lightning and drinking a diet soda, either; let's look at some numbers.
New York State has a wonderful website that publishes the odds of winning for their games. We'll use their stats.
For the Lotto numbers game where you have to match six numbers out of the pool, your one dollar gets you one chance out of 22,528,737 to win that big prize. Of course, your odds on winning any one game is double that ( one out of over 45 million!) since New York lovingly gives your two games for a buck! And every time that the jackpot increases (that means no one won), it will cost you another buck to try again. Same odds on the next drawing, but you now have money money in the game. How many players do you know who play only one dollar per week?
Then there …
Since 1985 the NBA has done the draft differently from other major sports. Former Commissioner David Stern decided to introduce the lottery that season. The teams with the 14 worst records are all entered into the lottery and the teams all have a chance at the coveted top pick. Historically in the past 29 years, the team with the worst record has only won the lottery 4 times. The teams with the worst record have the greatest chance at winning the lottery per say, but in the end all they have is a chance. The better your record the slimmer your chances, but in 1993 the 11th worst team won the lottery that year. The team with the 3rd worst record has won the lottery the most, 7 times. The Clippers are not in the lottery but have won it the most, 4 times. The last 2 lottery winners (Cavaliers and Pelicans) are still a part of the process and are once again returning to try and win the lottery again. This year’s draft has a deep talent pool and these are the teams in it, in order of the worst records.
- 1. 1. Bucks: 25% chance to win first pick. The Bucks will pick no later than 4th. Team needs are at SG and SF.
- 2. 2. 76ers: 19.9% chance to win first pick. The 76ers will pick no later than 5th. Team needs are at SF and SG.
If you won the lottery
what whould you do?
That was the question
the interviewer asked.
If I had lots of money?
I said, I would build
a playground /museum
for autistic kids
and the disabled kids.
Play, have a good time,
laugh, eat good food.
"A joyful heart is good medicine"
She said go play the lottery. …
Although Poker Alice was almost certainly the most famous woman gambler of the Wild West, Eleanor Dumont was probably the most infamous. Better known to history by her nickname Madame Mustache, Eleanor achieved her fame as a result of being a renowned card cheat. Such was her talent for deception that Eleanor Dumont wasn't even her real name; she was an immigrant from France named Simone Jules.Simone…or Eleanor…didn't earn her moniker because she liked to drink milk. The mustache of Madame Mustache was of the follicular variety. She'd always had a light growth of European hair running beneath her nose, but that didn't stop her from being considered quite the beauty, as it has never stopped many other women. But as she grew older, the mustache grew thicker. Even so, had her personality also not thickened and grown hairier, she might have avoided being known to history as Madame Mustache.
It was the gold rush of 1849 that first saw Madame Mustache pop up on the gambling scene of the Wild West. Just like Poker Alice, however, it wasn't gold nuggets that attracted Simone, it was the potential for relieving gold miners of their paltry finds. A beautiful woman-even with a light mustache-and an honest table were too much the temptation for those stricken with both gold and gambling fever. Madame Mustache soon pocketed enough winnings to enable her to moved to Nevada and run her own casino.
Once in the future Oz of gambling, Simone changed her name to …
Super Bowl 44 MVP was Santonio Holmes, and I hate to say I told you so, but I did. A week before the Super Bowl I published an article about why Holmes would win the MVP even though he was a 16/1 underdog. Although I can't promise a repeat in success, I am confident of my Super Bowl 45 MVP selection.My Super Bowl MVP choice is obviously based on my overall prediction of Super Bowl 45, which you can find here. I am predicting that the MVP will come from the winning team, that team being the Pittsburgh Steelers. I am predicting a game that is determined by the Steelers defense and is low scoring (Under the 44.5 point total).
The Steelers have the best overall rush defense, and the Packers have one of the worst rushing offenses in the league. This will force the Packers into throwing the ball early and often. Although Rodgers has been picking apart most defenses in the playoffs, the Steelers will be ready to anticipate Rodgers' next move in every scenario. The Steelers secondary will have to step up if Pittsburgh is to win this game.
Super Bowl 45 MVP: Troy Polamalu, 15/1
I am once again picking a heavy underdog as my Super Bowl MVP. Polamalu is a game changer and gets enough attention and recognition to be considered as an MVP is the Steelers pull out a victory. The main competitor against Polamalu will be Roethlisberger, who is at 3/1 according to …
Each year, millions of lottery tickets are purchased across the United States with only a handful of winners privileged to benefit from the fruits of their “labors”. For many American lottery players, there is a mental theory known as the “gambling fallacy” in which the gambler often feels their continued loss of lottery play only means they are growing closer to a win. This cognitive confusion, then, turns to loss in millions of dollars with many Americans unknowingly falling into a gambling addiction.So, why do we gamble and play the lottery? Often, we do not realize the full cost of lottery play because we perceive the small payment to secure a ticket a negligible loss when compared with the grand pay out. We are also simply ignorant of the laws of probability, believing we have a greater opportunity for winning a larger lottery pay out as the pot continues to grow week after week. In fact, statistically, we have a one in about 14 million chance of winning any lottery that requires the correct match of six numbers out of 49, the most common requirement of lottery play.
Even when faced with these statistics, many lottery players continue to play the lottery, purchasing their dollar tickets, week after week. Believing in their own luck and destiny, lottery players are often enticed by the stories of other lottery winners and fall prey to televised lottery drawings.
Oddly enough, these same lottery players will commonly use the same numbers week after week. …
You see them in the corners of gas stations and bars around Georgia. They are lined against the wall with chairs sitting in front of them. Usually there are people sitting in those chairs giving up dollar after dollar in hopes of winning the jackpot of the day. I am talking about video gambling machines.It seems that everyone is playing these games now a days. It does not matter the background or income level. It is not unusual to see a city council member sitting shoulder to shoulder with a stay-at-home mom in the middle of the night playing these machines. Each person hoping to win the next big payday. So how does it work?
Here are the basic rules to legally pay out on these games. You cannot pay cash for these games. You must be over the age of eighteen to play them. When you win, you are given a gift card that is not valid for gas, tobacco, alcohol, or firearms.
There have been undercover stings where store owners and their employees are arrested for paying cash outs to customers. When a raid is done for these machines, only the employees and owner are charged for committing the crime. The ones playing have their money taken away. After a couple of days, they are playing at a different store.
Every election year when it is suggested that these machines should be legalized it is shot down. The claims are that they are highly addictive. It is …
The Las Vegas Hilton Superbook and Jay Korneguy have put themselves on the line for a total of 80 NFL Games of the Week. The NFL Games of the Week featured for the week of October 10th, highlight some interesting rivalry match ups and some creative inter league games.Sunday October 10th, 2010.
New York Giants vs Houston Texans -3.
This game early in the 2010 NFL season will establish which way each of these teams is going. The New York Giants started the 2009 NFL season on fire and then slowed to a simmer to end their season. This game in Houston’s Reliant Stadium will not be a good road trip for Eli Manning and his New York Giants.
Houston’s high powered offense will give the New York Giants defense all they can handle. Matt Schaub and his receiving corps should have an easy time of it versus New York. Look for this game to have an abundance of scoring with New York having to score in garbage time. Give the over a look once it is posted on this game. Take Houston -3 to beat New York.
New Orleans Saints -5.5 vs Arizona Cardinals.
The New Orleans Saints will have a tough 2010 NFL season but this will not be one of their tougher games. Arizona will still be trying to work with Matt Leinert this early in the season and this may be the game that lands Leinert back on the bench. Arizona may have circled this …