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how much do you spend on lotto

2»

Comments

  • #32
    [Deleted User]
    Posts: 31,828 ✭✭✭✭ [Deleted User]


    fabbydabby wrote: »
    I don't understand the 'idiot tax' reference - I thought Lotto was tax free?
    It's 4euro less to spend elsewhere, just like paying taxes.


  • #33
    dsmythy
    Registered Users, Registered Users 2 Posts: 10,590 ✭✭✭✭dsmythy


    phasers wrote: »
    Heh, the €5200 guy deleted his post even after 3 people quoted him.

    Bad trait not being able to laugh at yourself.


  • #34
    Kasabian
    Closed Accounts Posts: 3,688 ✭✭✭Kasabian


    €8 a week, it's not much for a dream.


  • #35
    Tzetze
    Registered Users, Registered Users 2 Posts: 1,143 ✭✭✭Tzetze


    Nada.

    If you're not in, you can't lose!


  • #36
    strobe
    Closed Accounts Posts: 7,872 ✭✭✭strobe


    Whenever I happen to be in a newsagent and think of it I'll buy a ticket. So about once every two or 3 weeks. If I win something then great. If I don't the money goes towards things like the Golden Eagle Trust, sports equipment for community centres, care homes, childrens hospitals........

    Ohhh...wait. Ehhh, tax on stupidity, I mean tax on stupidity. :rolleyes:


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  • #37
    J K
    Banned (with Prison Access) Posts: 468 ✭✭J K


    ishvalian wrote: »
    €0, It's not called "Poor mans tax" for nothing.


    It certainly isn't called that.
    The correct cliche is 'tax on fools'.
    Even if the odds are bad or tilted in favor of the bookie/state it is still the single only opportunity most people will ever have to become a filthy rich millionaire. If this is the only chance open to you, between your birth and death, to become a millionaire then to turn your back on that lone chance is probably foolish.


  • #38
    bonerm
    Closed Accounts Posts: 8,594 ✭✭✭bonerm


    the_monkey wrote: »
    JT - CAPTAIN, LEADER, LEGEND !!!

    o/t : Seriously?

    I suppose Barry Bonds, Mike Tyson and OJ Simpson aren't far of the top of your rolemodel list either.


  • #39
    RichieC
    Closed Accounts Posts: 7,331 ✭✭✭RichieC


    €0


  • #40
    Mike 1972
    Closed Accounts Posts: 8,017 ✭✭✭Mike 1972


    J K wrote: »
    Even if the odds are bad or tilted in favor of the bookie/state it is still the single only opportunity most people will ever have to become a filthy rich millionaire.

    They also have the opportunity to become millionaires though hard work/good luck/smart decisions/good connections/some combination thereof ?

    Of course for most people even with the best will in the world theres shag all chance of this actually happening but in all but the worst instances its still a damn sight more likely to come about in this manner than by doing the bloody Lotto

    Besides in Ireland 2011 a millionaire hardly qualifies as "filthy rich". Comfortably off perhaps but hardly filthy rich. (Indeed during the celtic bubble there were pensioners who were quite hard up but on paper qualified as "millionaires" owing to the notional value of their houses)


  • #41
    misterdeeds
    Registered Users, Registered Users 2 Posts: 331 ✭✭misterdeeds


    Jet Black wrote: »
    10x52=5200?
    52x10 =520 5200 ???


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  • #42
    blueray
    Registered Users, Registered Users 2 Posts: 4 ✭blueray


    I had to give it up as a bad habbit... never won a cent!!!!:confused:


  • #43
    misterdeeds
    Registered Users, Registered Users 2 Posts: 331 ✭✭misterdeeds


    superfish wrote: »
    ok I was just wondering how much people spend on the lotto per week and whats the most you have ever won. the reason I ask is because im considering giving it up, I spend 10 euro a week for the past 2 years and the most ive ever won is 5 euro and a free scratch card
    ha doing it 15 yrs now and the most i have won was 150 pound (all those years ago) and a few poxy scratch cards and the trouble with it is i hav to keep doing it cos if the numbers ever came out and i had stoped doing it id go mad


  • #44
    Kimono-Girl
    Closed Accounts Posts: 3,160 ✭✭✭Kimono-Girl


    €0 BUT

    money saved by not playing the lotto (@ €2 a week) €624! :D


  • #45
    thenutflush
    Closed Accounts Posts: 182 ✭✭thenutflush


    Mike 1972 wrote: »
    Besides in Ireland 2011 a millionaire hardly qualifies as "filthy rich". Comfortably off perhaps but hardly filthy rich. (Indeed during the celtic bubble there were pensioners who were quite hard up but on paper qualified as "millionaires" owing to the notional value of their houses)

    As far as I'm aware, the most common definition for a millionaire excludes their primary residence and consumer durables, and only includes investable assets (including 2nd or 3rd properties) and cash. So most wouldn't have qualified unless they possessed second properties, going by the standard definition.


  • #46
    [Deleted User]
    Posts: 31,828 ✭✭✭✭ [Deleted User]


    A better defintion for a millionare would be someone who could Theoritically sell evertything clear all his debts and still have a million in cash.


  • #47
    thenutflush
    Closed Accounts Posts: 182 ✭✭thenutflush


    J K wrote: »
    It certainly isn't called that.
    The correct cliche is 'tax on fools'.
    Even if the odds are bad or tilted in favor of the bookie/state it is still the single only opportunity most people will ever have to become a filthy rich millionaire. If this is the only chance open to you, between your birth and death, to become a millionaire then to turn your back on that lone chance is probably foolish.

    Yep, this is why it's probably not a bad idea to spend a 1 euro on the monday millions once a week. Just scrape up 1 euro in loose change a week to buy a line and you have shot at a life-changing amount of money. Even though the odds tells us you should win 3.2 million, it's still worth doing... a lot of that one euro goes to good causes after all..


  • #48
    Mike 1972
    Closed Accounts Posts: 8,017 ✭✭✭Mike 1972


    Didnt realise there was a standard definition ?

    Always thought the definition was "worth 1,000,000 of the local unit of currency even if only notionally/on paper"

    Speaking of which another way in which an ordinary pleb could become a millionaire would be to pay a visit to someplace like Zimbabwae :pac:
    a lot of that one euro goes to good causes after all..

    But most of it goes to the likes of Ballygobackwards GAA club

    Anyway I think Im better placed than the Government to decide what constitutes a good enough cause for my one Euro


  • #49
    thenutflush
    Closed Accounts Posts: 182 ✭✭thenutflush


    Mike 1972 wrote: »
    Anyway I think Im better placed than the Government to decides what constitutes a good enough cause for my one Euro

    Fair enough! Just remember though, normally when you give a euro to charity, most of it gets siphoned off by leeching administrative bullshít before it get's to the cause. I don't particularly mind my 1 euro going to help a GAA club in a remote area fund itself.. less chance of some CEO wan'ker using it to fund a 150000 a year salary.


  • #50
    Mike 1972
    Closed Accounts Posts: 8,017 ✭✭✭Mike 1972


    You do realise that donations to charity went down when the lotto started so it actually hurts not helps "good causes" ? Anyway people who do the lotto are doing so for just about the most selfish reason imaginable. The (albeit irrational) belief that they stand a realistic chance of getting a sizeable (unearned) lump sum equivalent to several years/decades salary tax free. Dont try and kid us that youre Florence bloody Nightingale because you do the lotto.


  • #51
    thenutflush
    Closed Accounts Posts: 182 ✭✭thenutflush


    Mike 1972 wrote: »
    You do realise that donations to charity went down when the lotto started so it actually hurts not helps "good causes" ? Anyway people who do the lotto are doing so for just about the most selfish reason imaginable. The (albeit irrational) belief that they stand a realistic chance of getting a sizeable (unearned) lump sum equivalent to several years/decades salary tax free. Dont try and kid us that youre Florence bloody Nightingale because you do the lotto.

    I don't personally do the lotto to give to charity, but it's a reason people can use to justify doing the lotto. Have you a link for that claim you made in the first sentence? Also, if you're happy to never dream of being rich overnight, fair enough. You sound like the life of the party.. like Ned Flanders or something :confused: "my favourtie flavour is plain!"


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  • #52
    Mike 1972
    Closed Accounts Posts: 8,017 ✭✭✭Mike 1972


    thenutflush wrote: »
    Have you a link for that claim you made in the first sentence?
    It was widely reported at the time but Im not going to the trouble of researching sources and digging up links for someone given to ridiculous assumptions and sweeeping generalisations such as.......
    thenutflush wrote: »
    You sound like the life of the party.. like Ned Flanders or something :confused: "my favourtie flavour is plain!"


  • #53
    Paully D
    Registered Users, Registered Users 2 Posts: 28,710 ✭✭✭✭Paully D


    Don't do the lotto. Start spending the same amount on football accumulators and you'll be laughing.


  • #54
    thenutflush
    Closed Accounts Posts: 182 ✭✭thenutflush


    Mike 1972 wrote: »
    It was widely reported at the time but Im not going to the trouble of researching sources and digging up links for someone given to ridiculous assumptions and sweeeping generalisations such as.......

    Fair enough.. but you must realise that however selfish it is to want to win decades worth of ones salary tax free, it's an almost universal desire. I'm sure you'd like to win 40 years salary tax free, right?


  • #55
    thenutflush
    Closed Accounts Posts: 182 ✭✭thenutflush


    Paully D wrote: »
    Don't do the lotto. Start spending the same amount on football accumulators and you'll be laughing.

    Very true.. pick two matches where there are two underdogs (eg. 4/1 or 5/1 to win the match) and do a 2 euro double on each of the underdogs being 2-0 up at half time in their matches. ... you can win about 3 grand doing this.. way better than scratchcards anyway


  • #56
    Mike 1972
    Closed Accounts Posts: 8,017 ✭✭✭Mike 1972


    thenutflush wrote: »
    Fair enough.. but you must realise that however selfish it is to want to win decades worth of ones salary tax free, it's an almost universal desire. I'm sure you'd like to win 40 years salary tax free, right?

    Yup but If I want it badly enough I know that there are better ways than doing the Lotto to be in with a realistic and worthwhile prospect of doing so.


  • #57
    thenutflush
    Closed Accounts Posts: 182 ✭✭thenutflush


    Mike 1972 wrote: »
    Yup but If I want it badly enough I know that there are better ways than doing the Lotto to be in with a realistic and worthwhile prospect of doing so.

    Armed robbery it is then!


  • #58
    Mike 1972
    Closed Accounts Posts: 8,017 ✭✭✭Mike 1972


    thenutflush wrote: »
    Armed robbery it is then!

    I dunno now Ted

    Its a big step and where would we get the guns......


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