This Is What The Powerball Ticket Line Looked Like In Nevada

Tyler Durden's picture




 

Seven years ago, America was promised hope and change. The change never came, but at least there is still hope, and it comes in the form of a voluntary tax known as the Powerball lottery. The only problem: it happens to be everyone else's hope too, and to even get a chance to buy a ticket, one has to wait in lines such as this one on the California-Nevada border.

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Thu, 01/14/2016 - 01:54 | 7044705 savagegoose
savagegoose's picture

yeah i recall a cheap phone i had for old people with larger numbers, and an LED screen. that went for ever before needing charging, ot also had no features but being a ph and text.

anyhow i only post this cuz a sght i go to does a lottery formum, the guy who runs it also has this app, so figure i could support him. and as too lotto! yeah a tax on stupid, but fro $2 you could get 600M in cash!   beats working hard for it.  last time i checked thats 15 tonne of gold. sure long odds, but its fucken a $2 bet,

Wed, 01/13/2016 - 22:56 | 7044237 Haole
Haole's picture

Just a tax on idiots that can't do math.

Greed, BTChez

Thu, 01/14/2016 - 09:01 | 7045324 ejmoosa
ejmoosa's picture

Voluntary taxes are the best taxes...

Thu, 01/14/2016 - 09:46 | 7045475 Pseudonymous
Pseudonymous's picture

Still makes you wanna live away from such people.

Wed, 01/13/2016 - 22:56 | 7044239 Make_Mine_A_Double
Make_Mine_A_Double's picture

You always see this Lotto fever when the EconOMY is shit. And the MSM whip the sheepoeples into a bovine frenzy that may finally escape and live like the Kartrashisans.

Very sad reflection of USSA.

Wed, 01/13/2016 - 22:56 | 7044241 DirkDiggler11
DirkDiggler11's picture

This is what the modern day "Soup Lines" would look like if you took away the EBT cards from 51 Million Americans.

Wed, 01/13/2016 - 23:12 | 7044307 blue51
blue51's picture

Even scarier is what would the amount of homeless be, without Section8 housing subsidy. I bet 30-50% of multi-unit buildings in neighborhoods surrounding me in the Boston area, are Sec8.

Wed, 01/13/2016 - 22:58 | 7044247 The Wizard
The Wizard's picture

The lottery is a tax, the easiest way to collect tax from the poor. When the house keeps about 55% of the pool, you are playing a game against all odds.

Thu, 01/14/2016 - 00:03 | 7044490 BarkingCat
BarkingCat's picture

In Vegas the casinos keep only a few percent.

Some payout in the high 90s.

Thu, 01/14/2016 - 00:43 | 7044545 813kml
813kml's picture

In Vegas the customers keep only a few percent and the temperature is in the high 90s.

Thu, 01/14/2016 - 07:04 | 7044987 pods
pods's picture

You've got the best return in the game!

Thu, 01/14/2016 - 00:29 | 7044548 Beam Me Up Scotty
Beam Me Up Scotty's picture

Except most winners pour those "winnings" back into the casino.

Thu, 01/14/2016 - 05:32 | 7044901 Reverend Galileo
Reverend Galileo's picture

Except most "losers" pour those winnings back..there, fixed it.

Thu, 01/14/2016 - 05:32 | 7044902 Reverend Galileo
Reverend Galileo's picture

Except most "losers" pour those winnings back..there, fixed it.

Thu, 01/14/2016 - 08:16 | 7045142 Friedrich not Salma
Friedrich not Salma's picture

55%?immediate payoff gives 50% and then 39.6% IRS "share" eats at the remainder. Seems like the overall haul is 30% for you and 70% for .gov. But it is all good, right, "'cause it goes to public education."

 

 

Thu, 01/14/2016 - 12:27 | 7046254 Friedrich not Salma
Friedrich not Salma's picture

Correction:

62% of jackpot is the cash payout. (Calculated from new stories. We actually can't find this rate on the Powerball website.)

CA Tax = 13.3% (CA's top tax bracket. Ref. http://www.bankrate.com/finance/taxes/state-taxes-california.aspx

IRS = 39.6% of what's left (As a courtesy to you, lotto sends 25% up front to IRS, but you owe 39.6% as income tax)

So in the end, 32.45% of the jackpot goes into your pocket for your life, liberty and pursuit of being a tax donkey.

Wed, 01/13/2016 - 22:58 | 7044250 yogibear
yogibear's picture

Hope and your change.

Wed, 01/13/2016 - 23:00 | 7044255 IronForge
IronForge's picture

When you see "999" posted on the Jackpot Estimate Signs and the term - "Over one Billion Dollars" (actual Cash Value was lower, IIRC) - mentioned over the airwaves and the Web, People - even those who usually don't buy into the deal - will buy some Tix.

Wed, 01/13/2016 - 23:01 | 7044261 Ness.
Wed, 01/13/2016 - 23:01 | 7044262 luna_man
luna_man's picture

 

 

Say what you want...At some point, it will be won.

 

all them dreamer's...and if you win, NIGHTMARISH

Wed, 01/13/2016 - 23:07 | 7044266 Dr. Engali
Dr. Engali's picture

Speaking of power balls, now that the kids are asleep, time to quick prick the wife. Be back in a couple minutes.

Wed, 01/13/2016 - 23:12 | 7044302 ozziindaus
ozziindaus's picture

:P

Wed, 01/13/2016 - 23:59 | 7044475 fowlerja
fowlerja's picture

What?  "Time to quick prick the wife"...please... powerballs are to be used with loving care..they are generated with an extra dose of testosterone ... and are to be used only on special occasions... now you go apologize to your wife... buy her flowers and spend some quality "powerball" time with your woman...you will end up as a winner... :)

Thu, 01/14/2016 - 02:56 | 7044779 Skateboarder
Skateboarder's picture

Those sandwiches don't make themselves, ja know...

Thu, 01/14/2016 - 06:53 | 7044969 Adahy
Adahy's picture

The new 'low-cut waist' style in pants (even if you don't get the emo hip-huggers) makes it tough on my powerballs.
NEED MORE ROOM!

Thu, 01/14/2016 - 06:58 | 7044975 Adahy
Adahy's picture

Too bad I can't wear my breechcloth at work.

Wed, 01/13/2016 - 23:02 | 7044269 conraddobler
conraddobler's picture

I don't think I'm a fool for buying a ticket it's fun and yes I know the math behind the entire thing still fun.

Stand in line?

Oh hell to the no!

Bought mine while I was buying some gas.   

You will not win if you don't buy a ticket that is true :)

Thu, 01/14/2016 - 06:57 | 7044974 SunRise
SunRise's picture

"You will not win if you don't buy a ticket that is true :)"

What are my odds of finding the winning ticket that someone else lost?

Wed, 01/13/2016 - 23:04 | 7044279 Yen Cross
Yen Cross's picture

 I bought mine at some seedy liquor store...

 It was on Pacific Coast HiWay. I think? can't remember the name for sure Ocifer.

Wed, 01/13/2016 - 23:07 | 7044284 worbsid
worbsid's picture

Those line were in California because Powerball is illegal in Nevada due mostly to the casino lobby.  You don't have to wait in line to pay for gas.    If you want to bypass the lines in California buy some gas.  Then when you pay for the gas ask the clerk for some Powerball tickets. QED

Wed, 01/13/2016 - 23:08 | 7044290 flyonmywall
flyonmywall's picture

I only play when the overall lump sum is over $300 mil in fiat paper, which doesn't happen that often. That way, I can have multiple boats for multiple boating accidents, like lost anchors, dropped boxes of coins, lost fishing poles that happen to be very shiny, and a few other things.

If I win the Powerball, I'll just get a submarine. Boats are getting boring.

 

Wed, 01/13/2016 - 23:11 | 7044298 cleverusername
cleverusername's picture

dosnt anyone else find it srange that they are all syrian men of fighting age?

Wed, 01/13/2016 - 23:24 | 7044341 Pliskin
Pliskin's picture

Now imagine that at the front of that line is a guy selling toilet paper...

Welcome to the future.

Wed, 01/13/2016 - 23:25 | 7044345 Mr. Schmilkies
Mr. Schmilkies's picture

I'ts called sheepherding.

Wed, 01/13/2016 - 23:28 | 7044358 Seasmoke
Seasmoke's picture

aren't they going to be late for work ??

Wed, 01/13/2016 - 23:34 | 7044363 H H Henry P P P...
H H Henry P P P Paulson's picture

I bought a ticket because it only took me 10 seconds to purchase.  Time is more valuable than money, and with the odds as miniscule as the Powerball, it's still better odds than the zero odds of me wasting my time in that line to buy a ticket.

Wed, 01/13/2016 - 23:33 | 7044383 polizeros
polizeros's picture

In case people are baffled by the line. Lottery tickets cannot be purchased in Nevada. Primm NV is 45 minutes south of Vegas on I-15 on the California-Nevada border. The California Lottery store is just over the state line into California at Primm.

The line was like that on Tuesday too. I drove down from Vegas, saw the line, went back.

Thu, 01/14/2016 - 00:37 | 7044563 BadLibertarian
BadLibertarian's picture

If you live in Vegas, why bother? Just head down to the local casino, walk up to a roulette table, put $5 down on red or black and if you lose, walk away. If you win, let it ride. If you win 28 times in a row, you'll get a similar payout with similar odds - and free drinks.

Thu, 01/14/2016 - 02:29 | 7044747 Tall Tom
Tall Tom's picture

Not true.

 

Tables have betting limits...

 

So you cannot let it ride once it surpasses the table limit.

 

However, at Binion's Horseshoe in Downtown Las Vegas your first bet is the limit if you want to play high roller...if that option still exists. (It has been awhile since I have been there...)

Thu, 01/14/2016 - 05:00 | 7044883 BadLibertarian
BadLibertarian's picture

I realize that, but they also wave those limits from time to time - like for people who have bet their life savings on a single spin, for example. Since the chances of this working are about 1 in 300 million, and the publicity opportunities are pretty good, I think you'd find some takers. - Or just drop in to Binion's, if that's still their policy, every day for a month. And if you do that, be sure to check out the old school steakhouse on the top floor. That's one of my favorite dinner spots in Vegas.

Wed, 01/13/2016 - 23:34 | 7044388 Pliskin
Pliskin's picture

"Like our previous winners, Whitman, Price and Haddad, you remember them?  At this very moment basking under the Maui sun, their debt to society, paid in full."

 

Thu, 01/14/2016 - 00:30 | 7044551 IridiumRebel
IridiumRebel's picture

Running Man

Thu, 01/14/2016 - 02:31 | 7044749 Tall Tom
Tall Tom's picture

"I'll be back."

 

"Only in re-runs."

Wed, 01/13/2016 - 23:36 | 7044396 10mm
10mm's picture

Fuckin sad. Thought going west was smart,guess not.

Wed, 01/13/2016 - 23:50 | 7044439 Savvy
Savvy's picture

I always hear "You can't win if you don't play"

well you can't lose if you don't play either.

Wed, 01/13/2016 - 23:58 | 7044459 Otrader
Otrader's picture

Money spent on this Lottery is better than a case of beer.  Brings hope, dreams of a  possible payout, liver healthy and fewer calories.   lol

The only known winning Powerball ticket was sold in Chino Hills, CA the 6th highest income place (pop size 65,000 — 250,000) in the country

Thu, 01/14/2016 - 00:10 | 7044511 secretargentman
secretargentman's picture

Down-voted for the spoiler. Dream dasher!

Thu, 01/14/2016 - 00:51 | 7044601 Otrader
Otrader's picture

how many tickets did you buy Secret :P - I keeed, I keeed

I can't imagine going broke after getting millions overnight.  But, it does happen:

When Lou Eisenberg won $5 million back in 1981 it was the biggest lottery payout at the time. He went from making $250 a week changing light bulbs to being a multimillionaire overnight. Today he’s making about $250 a week again through his pension and social security; he’s also living in a trailer. Where did all his money go? Well, he spent a lot, but the real reason he went from rich to broke is a string of failed marriages and divorce settlements. His days at the track betting didn’t help either.

*************

Callie Rogers

At 16, Callie was the youngest person ever to win the lottery in the United Kingdom, and her inexperience was sadly evident in the way she managed her money. Today she has nowhere near the 1.9 million pounds she was awarded in 2003 when she was just 16 years old. She blew the money on plastic surgery, drugs and parties. Now 26, Rogers says she is much happier, and is studying nursing. Her wealth drove her to despair, she has since reported, and at her lowest point she even attempted suicide. As of last year her net worth totalled no more than 2,000 pounds.

**************

David Lee Edwards

After spending a good portion of his life in jail after he robbed a gas station, David Lee Edward’s luck changed when he won $27 million in a powerball jackpot in 2001. His luck went back to the bad not long after, though. He blew his money on drugs, exotic sports cars and even a jet. Just five years later, the money was all gone. His daughter believes all the lavish items he bought were eventually sold off to buy more drugs and pay off his debts. Edwards died broke and alone; he was cremated because his estranged family couldn’t afford to bury him.

 

Thu, 01/14/2016 - 01:01 | 7044612 fatlibertarian
fatlibertarian's picture

Surely for every bad story, they're other good ones? Although it's not lost on me that the poorest probably play these stupid fuckign games.

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