What would you do?

The multi-state PowerBall lottery is going to be over $200 million
Wednesday. This thread has been done on here before...

What would you do if you won the Lotto???
Upgrade your plane?
Get a newer/bigger/better plane? Get a fleet?
Get AMEL/ASES/ Instrument and/or Commercial ratings?

I'll wait until I win to decide... ;-)

"Sven" wrote in message
news:uKuHb.669964$HS4.4764314@attbi_s01...
| The multi-state PowerBall lottery is going to be over $200 million
| Wednesday. This thread has been done on here before...
|
| What would you do if you won the Lotto???
| Upgrade your plane?
| Get a newer/bigger/better plane? Get a fleet?
| Get AMEL/ASES/ Instrument and/or Commercial ratings?
|
| I'll wait until I win to decide... ;-)

Since I do not gamble I have little chance of ever winning one of these
lotteries, though it is not significantly less than the chance I have
winning the lottery even if I did gamble.

However, if by chance some individual were to give me such a sum of money, I
am certain I could find some things to do that involve type ratings.

In article uKuHb.669964$HS4.4764314@attbi_s01,
Sven wrote:
What would you do if you won the Lotto???

Google for this in r.a.rotorcraft and you'll see that a guy started a
thread like this in 1995 or so and then in March of 2003 posted and
said he had actually won the lottery. One of the most amazing sets of
threads I've ever run across...

--
Ben Jackson

http://www.ben.com/

In a previous article, "Sven" said:
What would you do if you won the Lotto???
Upgrade your plane?
Get a newer/bigger/better plane? Get a fleet?
Get AMEL/ASES/ Instrument and/or Commercial ratings?

Buy a house with an airstrip, and two planes, one for carrying large loads
long distances and one for fun. Probably a PC-12 or TBM-700 for fast and
heavy, and something (182, 206, Beaver?) on amphib floats for fun.

And then spend the rest on insuring those beasts.

--
"The magic of usenet has never been its technology; and, only in part, its
reach. Its magic -- its power -- is based on the very real human connections
that form 'round its threads of conversation... the relationships that are
kindled, flamed and, on occasion, extinguished and mourned." -deCadmus

"Sven" wrote:
What would you do if you won the Lotto???

After the family stuff...
I'd buy 500 acres in the Texas hill country west of Austin and build an
airport home on it. Then I'd spend a year shopping for airplanes.
--
Dan
C172RG at BFM

What would you do if you won the Lotto???

A more interesting question might be: How many pilots actually play the
lottery?

I, for one, look at it as a tax on stupidity.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

"Jay Honeck" wrote:
A more interesting question might be: How many pilots
actually play the lottery?

I, for one, look at it as a tax on stupidity.

To paraphrase a post by Michael, you might as well hang on to your old
lottery tickets, since your hope of winning with them is about as good
as one you buy this week.
--
Dan
C172RG at BFM

"Dan Luke" writes:

"Jay Honeck" wrote:
A more interesting question might be: How many pilots
actually play the lottery?

I, for one, look at it as a tax on stupidity.

To paraphrase a post by Michael, you might as well hang on to your old
lottery tickets, since your hope of winning with them is about as good
as one you buy this week.

I've thought about whether winning is actually any less likely than
their just sending you the check by mistake. But checking news
sources, it seems that people *do* actually win now and then, whereas
there are no documented cases of the check just being sent to the
wrong person.
--
David Dyer-Bennet, , www.dd-b.net/dd-b/
RKBA: noguns-nomoney.com www.dd-b.net/carry/
Photos: dd-b.lighthunters.net Snapshots: www.dd-b.net/dd-b/SnapshotAlbum/
Dragaera/Steven Brust: dragaera.info/

"David Dyer-Bennet" wrote in message ...


I've thought about whether winning is actually any less likely than
their just sending you the check by mistake. But checking news
sources, it seems that people *do* actually win now and then, whereas
there are no documented cases of the check just being sent to the
wrong person.
--

The problem is not that people don't win, the problem is the EV is horrible.
That is, if you played the lottery forever, what would be the overall return
(essentially odds_of_winning*amount_won / amount_to_play). State
lotteries are horrendously bad. EV's around .5. Even the real sucker
casino games are up in the .9's.

"Ron Natalie" writes:

"David Dyer-Bennet" wrote in message ...

I've thought about whether winning is actually any less likely than
their just sending you the check by mistake. But checking news
sources, it seems that people *do* actually win now and then,
whereas there are no documented cases of the check just being sent
to the wrong person.

The problem is not that people don't win, the problem is the EV is
horrible. That is, if you played the lottery forever, what would be
the overall return (essentially odds_of_winning*amount_won /
amount_to_play). State lotteries are horrendously bad. EV's around
.5. Even the real sucker casino games are up in the .9's.

On the other hand, the *utility* to me of a dollar every month or so
is essentially nil; it simply dissappears out of my budget without any
consequences. Whereas the *utility* of winning a few million dollars
is very high -- it would completely change my life, let me spend my
time on those things I have to fit in around work most of the time,
travel more, and so forth.

And "utility" is more real than "money" to me.
--
David Dyer-Bennet, , www.dd-b.net/dd-b/
RKBA: noguns-nomoney.com www.dd-b.net/carry/
Photos: dd-b.lighthunters.net Snapshots: www.dd-b.net/dd-b/SnapshotAlbum/
Dragaera/Steven Brust: dragaera.info/