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Would winning the Powerball change your collecting direction?

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  • TwoSides2aCoinTwoSides2aCoin Posts: 44,552 ✭✭✭✭✭
    No. However playing it defies logic as mathematics goes. The odds are better finding a collectible coin in a bank roll.
  • ms70ms70 Posts: 13,956 ✭✭✭✭✭
    There are two keys that I would hoard simply because I'm an OCD addict for certain coins. image

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • OldEastsideOldEastside Posts: 4,602 ✭✭✭✭✭
    Yes I guess as I'd take a break from coins and buy a PBY Catalina and spend a year on a Pacific Rim Tour image



    Steve
    Promote the Hobby
  • Cougar1978Cougar1978 Posts: 8,759 ✭✭✭✭✭
    Yes - MS65 and higher Barber Halves. Gem early 20th century US gold, graded large size US Currency. And I would travel the show circuit setting up at all the neat shows not worrying about show costs and having fun.
    Coins & Currency
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    No.... Though I would likely buy some high end coins presently out of reach. Cheers, RickO
  • RaufusRaufus Posts: 6,836 ✭✭✭✭✭
    Originally posted by: SeattleSlammer
    Absolutely!!


    +1!
    Land of the Free because of the Brave!
  • JedPlanchetJedPlanchet Posts: 908 ✭✭✭
    You betcha!
    Whatever you are, be a good one. ---- Abraham Lincoln
  • jtlee321jtlee321 Posts: 2,365 ✭✭✭✭✭
    These people who keep saying that playing the lottery is practically mathematically impossible, so I'm not buying a ticket are overlooking one very important factor. If you don't play, you are GUARANTEED NOT to win!! If you do buy a ticket, you DO have a chance at winning. Sure it's extremely small, but infinitely higher than not buying a ticket. If you don't think we are aware of this, you are not nearly as smart as you portray yourself. Let us dream and wish and keep your snarky comments to yourself. Thank you.
  • BAJJERFANBAJJERFAN Posts: 31,255 ✭✭✭✭✭
    Originally posted by: jtlee321

    These people who keep saying that playing the lottery is practically mathematically impossible, so I'm not buying a ticket are overlooking one very important factor. If you don't play, you are GUARANTEED NOT to win!! If you do buy a ticket, you DO have a chance at winning. Sure it's extremely small, but infinitely higher than not buying a ticket. If you don't think we are aware of this, you are not nearly as smart as you portray yourself. Let us dream and wish and keep your snarky comments to yourself. Thank you.




    THIS! AND most people have probably spent WAY more money on stuff more foolish than a couple of lottery tickets. If you don't believe me just hang out at a convenience store for a couple of hours in the morning when people stop on their way to work. You won't believe the amount of money spent on junk.
    theknowitalltroll;
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    Originally posted by: epcjimi1
    Vintage F1 Ferrari cars. Who cares if you lose a few bucks. Rent Laguna Seca. Drive their brains out.

    Enzo.


    This
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    Originally posted by: epcjimi1
    Vintage F1 Ferrari cars. Who cares if you lose a few bucks. Rent Laguna Seca. Drive their brains out.

    Enzo.


    Okay, this again. :-)
  • ashelandasheland Posts: 23,706 ✭✭✭✭✭
    Originally posted by: Boosibri
    Same focus areas, deeper part of the pool.


    image
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    I would probably stop collecting and go buy and island and fish.
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    Same focus areas, deeper part of the pool.



    realistically, you could buy the pool.
  • pitbosspitboss Posts: 8,643 ✭✭✭
    no
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    Originally posted by: Broadstruck

    I'd still focus on the same areas as now...



    However felt it would be fun to see if anyone else is dreaming to make a big move?

    Uhhhh.......yes?



    I'd start collecting Ferrari's.



    Then homes.







    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • shorecollshorecoll Posts: 5,447 ✭✭✭✭✭
    Remember in a regular statistical problem, you don't keep drawing until someone wins.



    If you hear someone bought the Tom Reynolds collection intact...I won the lottery.
    ANA-LM, NBS, EAC
  • orevilleoreville Posts: 12,133 ✭✭✭✭✭
    If you hear someone bought Lakesammman's PCGS mercury dime sample slab then you know I won the powerball lottery!! image



    A Collectors Universe poster since 1997!
  • johnny9434johnny9434 Posts: 29,160 ✭✭✭✭✭
    sure thing. draped bust gold might be part of that equation.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,552 ✭✭✭✭✭
    My girlfriend got #13. Paid for her chance at the 1.3 billion $. I don't want to gamble against her. image In fact, I'm hoping her investment pays off.
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,416 ✭✭✭✭✭
    Not sure which direction I would go first - 1854-S $2.50 or 1848 $2.50 CAL. would both be tempting directions.
  • WalkerfanWalkerfan Posts: 9,718 ✭✭✭✭✭
    I'd still collect the same way but it would be a lot easier and more carefree.



    I would maybe buy a rarity or two such as an 1804 Dollar, etc.



    I would buy a lot of real estate and travel a lot more.



    I'd quit my job, too.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • 3stars3stars Posts: 2,294 ✭✭✭✭✭
    I've always anted to go to an auction and win everything, shut everyone out.



    I'd probably find a coin with a sub 5k montage and hoard every example I could find. And not first spouses....
    Previous transactions: Wondercoin, goldman86, dmarks, Type2
  • LakesammmanLakesammman Posts: 17,452 ✭✭✭✭✭
    If you hear someone bought Lakesammman's PCGS mercury dime sample slab then you know I won the power ball lottery!!



    If you hear someone bought Oreville's PCGS Franklin 50c sample slab then you know I won the power ball lottery!! image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • jt88jt88 Posts: 3,173 ✭✭✭✭✭
    If I win the Powerball I will attend all major auction and buy a whole lot more gold coin.
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    Originally posted by: EXOJUNKIE

    Originally posted by: Broadstruck

    I'd still focus on the same areas as now...



    However felt it would be fun to see if anyone else is dreaming to make a big move?





    Yep, I'd buy your token collection by making you an offer you couldn't refuse! imageimage







    image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • guitarwesguitarwes Posts: 9,290 ✭✭✭
    Who in the world would want to collect tokens?
    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • telephoto1telephoto1 Posts: 4,961 ✭✭✭✭✭
    Originally posted by: TommyType
    Originally posted by: mannie gray
    The odds are so against an individual in these drawings, I don't even buy a ticket.


    Wish I knew who to attribute this to: "The lottery is a tax on people who are bad at math."



    I'm pretty sure it was Dave Ramsey who said it. If not, he certainly quotes it a lot.

    I've always adopted the philosophy of "I know I probably won't win-but I definitely won't win if I don't play". That said, I don't go crazy with it. At a nearby gas station I've seen people throwing $200+ a clip at stuff like this...no thanks. I don't recall spending more than $20 max on powerball/mega, and most often it's usually $4-$5-$6 if I play at all.

    If you want to reap real rewards from this mania, become a lottery ticket vendor.

    As to my collecting direction... I'd hit a few major rarities and showcase my collection as a drawing card for my numismatic museum and superstore. A must-see destination for the numismatic tourist. image

    RIP Mom- 1932-2012
  • OKbustchaserOKbustchaser Posts: 5,546 ✭✭✭✭✭
    General direction? No, but there are a few holes in my collection that are now out of reach which wouldn't be.
    Just because I'm old doesn't mean I don't love to look at a pretty bust.
  • MonsterCoinzMonsterCoinz Posts: 1,518 ✭✭✭✭✭
    With $1B you could buy up all of "The Big Ones".



    I would stock up on 1909 VDB Matte Proofs.
    www.MonsterCoinz.com | My Toned Showcase

    Check out my iPhone app SlabReader!
  • JCMhoustonJCMhouston Posts: 5,306 ✭✭✭
    Same focus for me, but it might make some of the competition pursue other areas of collecting. image
  • FredWeinbergFredWeinberg Posts: 5,923 ✭✭✭✭✭
    I'd offer big bucks for a 50% Off Center $20 St. Gaudens
    Retired Collector & Dealer in Major Mint Error Coins & Currency since the 1960's.Co-Author of Whitman's "100 Greatest U.S. Mint Error Coins", and the Error Coin Encyclopedia, Vols., III & IV. Retired Authenticator for Major Mint Errors for PCGS. A 50+ Year PNG Member.A full-time numismatist since 1972, retired in 2022.
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  • mr1931Smr1931S Posts: 6,404 ✭✭✭✭✭
    One billion dollars weighs eleven (11) tons in...................$100 bills.image

    Here's a few tips regarding achieving anonymity for the Powerball winner who could be you:

    1.You want to be anonymous if you win the jackpot.Most of the states call for the winner's name to be known.A lawyer can help you remain anonymous even though your state might "require" public disclosure of the winner's name.You definitely need a good lawyer to help with anonymity if you win the jackpot.

    2.Buy your tickets at a place where the clerks do not know you. This strategy will help keep you anonymous since the location where the winning jackpot ticket was sold becomes public knowledge and you don't want store employees putting two and two together resulting in you being fingered as the winner.The smaller the town you live in the more important it becomes to buy your ticket(s) where you are essentially unknown.

    3.Avoid getting into "pools." If you have the winning ticket that you bought on your own outside the pool,you will most likely be facing a big fat ugly lawsuit from the other players in the pool.Furthermore,if you get into a pool and the pool wins,anonymity will be impossible for you.

    Eleven tons (22,000 lb.) of $100 bills is serious money.Don't spoil it for yourself by losing anonymity.

    Whoever is careless with the truth in small matters cannot be trusted with important matters.

  • This content has been removed.
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    Originally posted by: mannie gray

    The odds are so against an individual in these drawings, I don't even buy a ticket.

    I really wouldn't want that much money anyway, and I am serious about that.

    My wife doesn't believe me when I say that, but it would be more of a headache to me than it would be worth.

    That being said, I wouldn't mind having a really nice PR CAM $20 Lib.

    But that wouldn't cost $800 million anyway!






    While the statistical odds are very high that "you" won't win the Powerball, the fact remains that "someone" will beat those odds. It may be one or it may be 100 people that beat the odds,



    The other fact would be that if someone does not play a single ticket, then they make the statistical odds equal to 0 that they will win.



    Personally, I would not mind having that "too much money" headache as there are countless remedies available to sooth the pain of it all.



    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • FullStrikeFullStrike Posts: 4,353 ✭✭✭
    Back a couple years ago when the Mega Millions was up around $600 Million I actually bought $1,000 in Tickets.....





    Took a while to buy em. Took a while to check em.



    Total haul for me ? Right around $70.00 .







    I learned my lesson. This game only gonna get $200.00 out of me.





    P.S. Back around 2006 the Mega was up maybe $400 Million - I bought $300 in tickets - won $10,000 !





    Don't think that small luck will ever repeat. :-(
  • WalkerfanWalkerfan Posts: 9,718 ✭✭✭✭✭
    Originally posted by: 19Lyds

    Originally posted by: mannie gray

    The odds are so against an individual in these drawings, I don't even buy a ticket.

    I really wouldn't want that much money anyway, and I am serious about that.

    My wife doesn't believe me when I say that, but it would be more of a headache to me than it would be worth.

    That being said, I wouldn't mind having a really nice PR CAM $20 Lib.

    But that wouldn't cost $800 million anyway!






    While the statistical odds are very high that "you" won't win the Powerball, the fact remains that "someone" will beat those odds. It may be one or it may be 100 people that beat the odds,



    The other fact would be that if someone does not play a single ticket, then they make the statistical odds equal to 0 that they will win.



    Personally, I would not mind having that "too much money" headache as there are countless remedies available to sooth the pain of it all.







    I wouldn't mind those kind of money 'problems', either. Everyone should buy at least ONE ticket, which is JMHO. It's only 2 bucks!!! I've got mine.....



    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • FullStrikeFullStrike Posts: 4,353 ✭✭✭
    With luck maybe we can all get a CU Mint Ticket from this " record" draw slabbed. Might be a valuable personal collectible one day.





    Especially if your ticket ends up having been bought from the winning ticket sales outlet.
  • bigmarty58bigmarty58 Posts: 2,002 ✭✭✭✭✭
    Dreaming of GOLD, and more GOLD!!!
    Enthusiastic collector of British pre-decimal and Canadian decimal circulation coins.
  • CaptHenwayCaptHenway Posts: 32,694 ✭✭✭✭✭
    When I win the Powerball I am going to spend the first $100,000,000 on wine, women and song. The rest I will just waste!



    image
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • mr1931Smr1931S Posts: 6,404 ✭✭✭✭✭
    Consider that each of the 292,201,338 possibilities is represented by a one-inch cube (5 white numbers+a powerball number on each one-inch cube).
    The one-inch cubes are stacked side-by-side and top to bottom to make a giant cube.
    The giant cube made from the 292M+one-inch cubes would occupy 169,097.6986 cubic feet or be 55.2984 feet on each side.
    Spend 1728x$2 ($3456) on this game and you lower your odds of winning the jackpot to 169,097 to one.
    I will buy a single $2 Powerball ticket at an undisclosed location solely for entertainment purposes.image

    Whoever is careless with the truth in small matters cannot be trusted with important matters.

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,552 ✭✭✭✭✭
    With that much money, I might be tempted to run for president. image
  • CoinosaurusCoinosaurus Posts: 9,644 ✭✭✭✭✭
    It would be cool to buy all the CU stock. You could walk into the grading room and tell them to do anything you wanted image



    Hopefully anyone who wins will be more constructive and less capricious image
  • BLUEJAYWAYBLUEJAYWAY Posts: 10,018 ✭✭✭✭✭
    Originally posted by: FredWeinberg

    I'd offer big bucks for a 50% Off Center $20 St. Gaudens
    To be sure,if the buy price was right,I'm sure the Chinese counterfeiters could help you out.



    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • BLUEJAYWAYBLUEJAYWAY Posts: 10,018 ✭✭✭✭✭
    Originally posted by: mr1874

    One billion dollars weighs eleven (11) tons in...................$100 bills.image



    Here's a few tips regarding achieving anonymity for the Powerball winner who could be you:



    1.You want to be anonymous if you win the jackpot.Most of the states call for the winner's name to be known.A lawyer can help you remain anonymous even though your state might "require" public disclosure of the winner's name.You definitely need a good lawyer to help with anonymity if you win the jackpot.



    2.Buy your tickets at a place where the clerks do not know you. This strategy will help keep you anonymous since the location where the winning jackpot ticket was sold becomes public knowledge and you don't want store employees putting two and two together resulting in you being fingered as the winner.The smaller the town you live in the more important it becomes to buy your ticket(s) where you are essentially unknown.



    3.Avoid getting into "pools." If you have the winning ticket that you bought on your own outside the pool,you will most likely be facing a big fat ugly lawsuit from the other players in the pool.Furthermore,if you get into a pool and the pool wins,anonymity will be impossible for you.



    Eleven tons (22,000 lb.) of $100 bills is serious money.Don't spoil it for yourself by losing anonymity.
    To your #2 point. Since most conv. stores,gas stations, etc. have cameras and the tickets have the time of purchase on each ticket and the store code, it would not be difficult to coordinate the time stamp on the video tape with the time on the ticket. Thereby getting a view of the purchaser. As we all know toll road receipts, ATM receipts, etc. are all time stamped to compare the time stamp in the video cameras that watch us all. Sorry for the rambling,just my prev. experience as a retired State lottery employee surfacing.



    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • HandHHandH Posts: 438 ✭✭✭
    Are you kiddding? I would be so deep into Pogue they'd think I was a relative. I'd also become a serious contender for the top end of CW gold.

    US Civil War coinage
    Historical Medals

  • OldIndianNutKaseOldIndianNutKase Posts: 2,715 ✭✭✭✭✭
    I have always maintained a priciple that no one investment would be more than 10% of my net worth. Rare coins seem to test my ideology every day. But even if I pay too much, I can sell at a respectable price, and not in any way a 100% loss. I just try to evaliuate the downside,





    OINK
  • LochNESSLochNESS Posts: 4,829 ✭✭✭
    Originally posted by: TommyType

    Originally posted by: mannie gray

    The odds are so against an individual in these drawings, I don't even buy a ticket.




    Wish I knew who to attribute this to: "The lottery is a tax on people who are bad at math."







    While I understand this sentiment, I can't agree. Different tickets have different levels of payouts and probability. My dad, who is quite good at math, made a simple spreadsheet and quickly learned which tickets pay out the most often. He plays them regularly and always wins more than he spends. He may only be $100-200 ahead, but he's never behind, and it gives him a lot of entertainment (scratching off with his pocket change and collecting his winnings). As for the Powerball, since the payout on a Powerball is fairly decent, it might be worth buying a Powerball ticket for each number above 31 (how high do they go?). Most people only play dates, and birthdays won't rise above 31. If you match a Powerball above 31 you might be the only winner. Unless of course everyone on the CU forum takes this advice image haha



    Games are fun!



    Personally, I prefer cards and dice.
    ANA LM • WBCC 429

    Amat Colligendo Focum

    Top 10FOR SALE

    image
  • mr1931Smr1931S Posts: 6,404 ✭✭✭✭✭
    To your #2 point. Since most conv. stores,gas stations, etc. have cameras and the tickets have the time of purchase on each ticket and the store code, it would not be difficult to coordinate the time stamp on the video tape with the time on the ticket. Thereby getting a view of the purchaser. As we all know toll road receipts, ATM receipts, etc. are all time stamped to compare the time stamp in the video cameras that watch us all. Sorry for the rambling,just my prev. experience as a retired State lottery employee surfacing.

    I would simply tell the news hounds who have managed to track me down that the person seen in the video buying the winning ticket looks like me but is really my lawyer.

    "What are the odds of that?," I would ask.image

    Whoever is careless with the truth in small matters cannot be trusted with important matters.

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