Australian (ASX) Stock Market Forum

I just won Oz Lotto $15 million lottery!!!!!!

And they told me I could spend the rest of my life.... :banghead: I want back my nine bucks fifty-five.

Brad

They are right when the said you could spend for the rest of your life. They mean that you can spend on lotto for the rest of your life and maybe, just maybe, get a little money back.

I'll admit the title did get me reading the thread.:)
 
There are 45,379,620 ways to select 7 numbers from 45 numbers. This is the same chance as picking one card from a pile of playing cards 8.73km high (assuming 1 cm per pack of 52 cards). (my calculation)

Still better odds than powerball where the pile is 14.67 km high! (taken from http://www.scottware.com.au/tickets/odds.htm).

Knowing the near impossible odds doesn't stop me from buying a ticket every now and again though! The price of a ticket is worth the chance to dream for a few days!
 
What about doing a system 20. You can choose 20 numbers for 1 game at a cost of $22300 on a Sat. night. Easy money. :sheep:
 
... ok, it's a bit premature. Draw is not until 8.30 tonight.

But, what will I do with my winnings?

Invest in a term deposit across 8 different banks - and collect about $700,000 per annum in interest and redirect $500,000 towards good quality property and live off $200,000?

I would wait until the first interest payment comes in before doing ANYTHING. I KNOW that I would preserve the capital and make it GROW rather than blow about $5 MILL upfront.

You just hamper yourself later on.

What would YOU do?

Brad

Dont forget if you collect $700k in interest, the ATO gets $292K per year. Going to have to find a way to live off $408k...

Rob
 
Dont forget if you collect $700k in interest, the ATO gets $292K per year. Going to have to find a way to live off $408k...

Rob

You could easily neg gear it on a bunch of investment properties and reduce that tax bill whilst increasing your portfolio value at the same time. Alternatively, open accounts in the cayman islands and forget to mention it to the ATO.
 
A timely story

http://www.smh.com.au/world/sad-stuarts-downfall-boy-who-won-a-fortune-found-dead-20100108-lx3v.html

Stuart Donnelly, a 17 year old $3.47 million lottery winner from 1998 has been found dead. Apparently the pressure of being rich was too much for the young Scot.

The SMH reports, in part, "After his win, the former trainee pharmacist spent £600,000 ($1.04m) on new homes for his divorced parents, bought holiday homes in Thailand for his family, gave money to aunts and uncles and donated £15,000 to a Glasgow hospital that treated his younger brother for a rare blood disorder, the Guardian reported.

Problem right there. I would have given his parents and uncles and aunts a few bucks but only out of the interest

But friends told the Daily Mail that he was increasingly unable to handle to strain of being a millionaire and the publicity that came with it."

Thank Christ I only picked 1 number.

Brad
 
The part of the story you've quoted, Brad, is a bit selective, isn't it?
He was apparently pretty sick. Pancreatitis is absolutely no joke and the mortality rate is high.

Not necessarily just the pressure of being wealthy (though I'd question whether that much made him seriously wealthy, especially after he'd shared it with family).

If you had won the big prize, whatever it was, would you have allowed your name to be released?
 
The part of the story you've quoted, Brad, is a bit selective, isn't it?
He was apparently pretty sick. Pancreatitis is absolutely no joke and the mortality rate is high.

Not necessarily just the pressure of being wealthy (though I'd question whether that much made him seriously wealthy, especially after he'd shared it with family).

If you had won the big prize, whatever it was, would you have allowed your name to be released?

Good point about selection there Julia. I have read a number of stories on this guy from here and Britain and this is the angle they take. I'm aware that he was also sick.

Absolutely would not tell anyone - except my wife. Even telling family would be complicated. You'd just be able to 'help' a bit more for them, but I wouldn't go around buying them houses and **** like that.

They'd just be wondering why I was able to help a bit more. But it would ONLY come out of the interest or investment return - protect (no, grow) the capital at all costs!

Brad

PS. Next draw is Tuesday - Jackpot of $20,000,000!
 
One of the places where l worked, they used to pick (as in, a dream pick) a System20 the day before a draw, and guess what, they never got 6 (lotto) or 7 (oz lotto) numbers.
Try it tonight. 09/01/10.
Saturday lotto.
Here are my numbers for tonight's draw;

1,3,8,9,11,13,16,19,20,21,26,28,29,30,34,36,38,39,40,43.

Lets see what happens. Should be interesting.

Feel free to put your numbers up...
 
Try it tonight. 09/01/10.
Saturday lotto.
Here are my numbers for tonight's draw;

1,3,8,9,11,13,16,19,20,21,26,28,29,30,34,36,38,39,40,43.

Lets see what happens. Should be interesting.

Feel free to put your numbers up...

I used a random number generator to get these numbers.

09/01/2010

27 10 22 34 17 37 39 29 32 38 12 8 15 33 9 40 7 36 41 24

Will share winnings with ASF members. :D
Random numbers generated Jan 9 2010 at 19:0:28 by www.psychicscience.org
Free educational resources for parapsychology, psychical research & mind magic.
 
Draw #2971 - Saturday January 9, 2010

Winning Numbers; 6,8,18,20,36,45
Supps ;29,39

I only got 3 (8+20+36) numbers and 2 supps

Wysiwyg
1 Number (8) and 2 supps.

Not a very good return for putting a hypothetical $20k down...lol.

Lets see how we go for Tuesday's Oz Lotto hypothetical...
 
Rolling on the floor after that result. Okay same numbers for Tuesday to prove more numbers means absolutely zero.

Good luck.
speechless-smiley-011.gif
 
Draw #2971 - Saturday January 9, 2010

Winning Numbers; 6,8,18,20,36,45
Supps ;29,39

I only got 3 (8+20+36) numbers and 2 supps
Wysiwyg
1 Number (8) and 2 supps.

Not a very good return for putting a hypothetical $20k down...lol.

Lets see how we go for Tuesday's Oz Lotto hypothetical...

With 3 numbers plus 2 supps don't you get significant multiple prizes with a system ticket ?
 
What about doing a system 20. You can choose 20 numbers for 1 game at a cost of $22300 on a Sat. night. Easy money. :sheep:
This is how my mum won first division and second and third and so on.

was probably 15 years ago now.
 
Draw #2971 - Saturday January 9, 2010

Winning Numbers; 6,8,18,20,36,45
Supps ;29,39

I only got 3 (8+20+36) numbers and 2 supps

Wysiwyg
1 Number (8) and 2 supps.

Not a very good return for putting a hypothetical $20k down...lol.

Lets see how we go for Tuesday's Oz Lotto hypothetical...

Were you serious to put $20 K on those numbers to get three main and two supps or it was a paper investment.

Mate, if you have another $20 K just put on GXY and give me a fair share if the price goes up. It will be less painful gambling :rolleyes:
 
Not a very good return for putting a hypothetical $20k down...lol.

Were you serious to put $20 K on those numbers to get three main and two supps or it was a paper investment.

Paper only. I would never do something like that in real life. I would rather put 20k on a stock like VMS (i did own when it was 9.8cents, then sold out at 12), now it's in the mid 30's.

Try it yourself.
Pick 20 numbers, and see how you go on Tuesday's Oz Lotto draw. You'll be surprised.
I'm not using lotto as a tool to retire on, but l bet you that some bogan in Oz is (or somewhere in the world is).
 
Here are the numbers for Tue. Oz No Dough.

Main numbers = 18 40 31 37 33 23 14

Supplementary = 22 42


Dannyboys' numbers = 1,3,8,9,11,13,16,19,20,21,26,28,29,30,34,36,38,39, 40,43.

1 number LOL. ;)

Wizzers' numbers = 27 10 22 34 17 37 39 29 32 38 12 8 15 33 9 40 7 36 41 24

3 numbers and 1 supplementally LOL. :321:
 
Here are the numbers for Tue. Oz No Dough.

Main numbers = 38 18 7 33 37 20 40

Supplementary = 30 14


Dannyboys' numbers = 1,3,8,9,11,13,16,19,20,21,26,28,29,30,34,36,38,39, 40,43.

3 numbers and a supp. LOL. ;) Win a prize ...
animal-smiley-052.gif


Wizzers' numbers = 27 10 22 34 17 37 39 29 32 38 12 8 15 33 9 40 7 36 41 24

5 main numbers LOL. Division 5 winner. It's a tough gig.
animal-smiley-051.gif
 
I give your self the best chance of winning you need to have at least 1 number under 6 and another 2 numbers 15 or under and then at least 2 consecutive and 1 ending in 0

Any study of winning numbers will reveal the above happens consistently....except of course for the last 2 weeks. :rolleyes:
 
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