So....I've been thinking of this idea for almost a year now and now I'm gonna present it to you all.
*There's still some kinks to be worked out...the kinks are human nature.*
Everyone's heard the saying : It TAKES money to MAKE money.
This idea includes everyone here or everyone who wants to participate in this process, while I don't think it'll happen fast, I do think it COULD very well happen. It involves paypal and your local/state lotteries.
What if.....What if JustPlainJames updated his status with "My state's lottery is up 657 million with a cash option of 311 million. Going to get tickets before 8 pm."
Then we all sent him what we could afford....$1....$3.....$10 for him to get MORE tickets. After all it only takes 1 to win.
JustPlainJames $12 = 12 tix
Magicwhoha 4 = 4
Bytes 7 = 7
Shayna Balcom 1 = 1
mr shadow 5 = 5
Me 4 = 4
Total - $22 = 22 tix <Double the chances he had by himself.
James HITS! Cash option! $311 Million check is cut, deposited and verified in James' bank account.
$311,000,000/6 = $51,833,333 We're ALL (lower end) millionaires!
James, paypals everyone their cuts. Deposits verified and deposited! THEN......Katfellow updates "My state lottery is up 272 million with 156 million cash."
We could repeat the original process with MORE funding and POSSIBLY win that one TOO...if not there's another one in ONE of out states.
This is how Corporate Empires do it.
Now for the kinks...human nature.
- Would any of you feel comfortable sending me your change with good faith that I'D be responsible to get and check these tickets?
-Would any of you NOT feel like I'd give you or ANY participants their cut, if the ticket won?
-Would there be an issue of everyone getting an EQUAL cut of the winnings or would we want it in percentages of funds donated?
We could keep a record of who donated what here, besides everyone would have an electronic receipt of what they donated when.
So....anyone up for a little experiment?
Don't end up like THIS guy.
Comment
well you know i trust you les.
how the heck to find out the pay out after taxes?
ill join in but have to get my house fixed first.
my electric is about to take a crap on me.
wish i still had my first one never had any problems out of it.
anyways i should know by sometime next month.
keep me updated :)
So it seems that the Powerball and MegaMillions are on the same national scale.
Well, let's get to it.
So would it all get equally shared amongst ever1 that has payed in... Or would it depend on how much ppl put in & worked out by that?
Anyway, i'll b in for $5... Just let me know when u will b doin the first 1.
I'm seeing that the mega Millions is Nation wide.
You guys got powerball, too?
I would say go for it! It's a gamble, but it's fun to do with friends! I have been in several of these lotto things before with groups and have spent lots of money on them over decades. (Had I had all that money now...well...you get the picture...LOL) Bought rolls of scrathers with groups, tons of quick picks, etc. Didn't even break even on the rolls of scratchers, but it is a fun thing to dream about. I did hit the lotto twice on my own, 30 days apart with 5 numbers out of 6 both times. Small payouts and it ended up costing me everything I won PLUS $2000 in taxes...LOL I kept telling the group that if we all invested our money together we could be millionaires much faster than waiting to hit the lotto as the investments and "capital contributions" weekely could continue to make the investments compound and "capital distributions" would be right around the corner. No one wanted to do that though...
I wish you all the best of luck! I'll be routing for you all to win!! Someone has to win and I truly hope it's you as I know you will do the right thing with the win fall...well...I think you will anyway...:-)
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