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Boeing has 142,000 employees. If this is a "nod" to all Boeing employees then it's still a 1/142,000 chance.

Rigged and wrote off.

I feel like the uplifting highlight should be what the Fred Meyer store did with their bonus (since the winner got the ticket from that specific store), rather than the lottery winner.

I wouldn't even know what to do with that much money. I have 5K in the bank and I don't even know what to do with it. I'd keep it a secret and anonymously donate most of it to charities, family, friends and probably invest the rest in initiatives to make houses more sustainable for those who can't afford it.

"Uplifting". I guess on account of airplane? 🤔

Invest all of it into stable stocks, you would have quite high stable income for the rest of your life. You basically could spend the rest of of your life doing whatever you want instead of spending larger part of it at work.

Assuming you’re talking about ops 5k. 5k in stocks isn’t going to earn an income that will allow them to retire…

If you’re talking about the lotto winner, they don’t need to invest in anything and the money should last a few generations

Lottery of course. With money being invested at least in theory they would last longer. With large sums it is logical to make money work for you instead of just directly spending it.

I'm in the middle of moving out. I do buy premium stuff but once I do, I'm very happy with the stuff that I have. In the long run I save a lot of money. I do plan on putting everything that I don't use in managed stocks for the next couple of years because the way how things are going I have little to no faith in having a pension fund when I retire.

Whooooohooo

Everyone else lost $747M

So uplifting 😍

The state of Washington prohibits winners from being anonymous. Note however that the winner didn't have any publicity photos taken, which is something, but there are likely photos of them out there somewhere.

I always wondered if anyone won from those lottery vending machines. Now I kinda feel like they aren't a scam

Where’s that one re-linked Reddit comment about the step-by-step on what to do when you win the lottery when I need it….

Edit: Found it.

Well, time to bring back this gem of a comment advising what to do in this situation.

You mean those are the odds if the 747 jackpot amount prompted all Boeing employees to buy a ticket?

Forgive me if this is repetitive but I’m just trying to understand the sentence.

Don’t forget: no one else is allowed to buy a ticket.

That’s says 754

Thank you

“lost”

that’s a weird way to spell “throw away”

Oh, so that's the way it works. Makes perfect sense.

She bought the ticket as a nod to the plane, not the jackpot amount was 747 million as a nod to the plane.

"high stable income" in this case being 10s of millions a year. It's kind of crazy.

I've got to think that if you can hire the right team of lawyers, you can come up with a way to claim it without revealing your identity. If not, I'd be changing my name right after.

A number of states have laws specifically disallowing lottery winnings to be claimed by more than 1-4 people and require that their full names be disclosed. A name change later on is an option though.

I'd start my own charity around niche causes I feel passionate about.

It doesn't tell the whole story though, especially that 'you're fucked' segment.

If you're a generally sensible person in your normal life, you have nothing to fear from winning a lot of money.

There's a lot of confirmation bias in the research in regards to lottery winners, because many don't go public with their win and are not studyable (is that a word?).

The ones that do go public, and are therefore able to be researched, generally tend to be the more stupid winners.

Because no one sane or clever, would tell the world they just won 700m dollars.

Right, but say it is claimed by one person. An attorney. Who you hired and contracted to claim it. And the money is then transferred into a trust for you by the attorney.

It's funny to see how much worse the USA is in regards to lottery wins, than my country (UK)..

I always think of rights to privacy, less state intervention, less taxes, etc when I think of the USA. A country where individualism is king.

Yet in the UK you never have to tell anyone you've won a jackpot on a lottery, and there's zero taxes on gambling winnings.

Seems like such a cursed monkey paw wish to win hundreds of millions, only to have to broadcast the fact to everyone by law.

In the UK there's a running theme of big winners regretting going public (by choice)..

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Why is it that everytime I get a sign to play the lottery I never win.

And basically doxxed herself in the process. Well done

It goes up even after you buy the ticket.

> I wouldn't even know what to do with that much money.

Becoming a "former employee" would be high on my list of priorities.

How the hell is this uplifting?

And Boeing just delivered its very last 747.

How fitting.

That's why I say that I'm only playing for $300M+. Anything less than that would be trouble. Saying that you can retire on several million is not exactly true for most people. Sure, you could quit your job and have fun, but you'd blow through that money quickly simply by being bored and looking for fun things to do that are expensive. With just a few million, you can invest that and recreate your current income. But, what are you currently doing with your current income? You go to work 40-ish hours a week and plan a vacation for a week or 2 out of the year. Delete the work requirements and you find yourself doing nothing but wanting to go do things.

With a few hundred million, you can invest that and have a couple million to spend year-over-year. Plenty to use to occupy your time with little worry of wanting to dip into the investment.

At least, that's my plan. I'm risk-averse, so I'm not going to go nuts at a casino, or go on drug fueled bender, or travel around the world looking for the next high.

Huh

That plant is an armpit. Hope she was out of there the second she got the news.

I'm guessing you aren't a native English speaker? The title isn't saying or implying to go out and buy a ticket at all. It's just saying that's what happened.

I know a lot of people have said this but you don't know what desires are lurking underneath your subconscious until that time comes!

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If I was making 100k/year passively I think I would be able to support my current lifestyle and have fun doing it. I have enough hobbies and interests to keep me busy. I think winning several million would be enough for me to stop working.

I accept your challenge and am willing to prove to you how much fun I can have with just my current hobbies/family lif3 while doing it affordably and not working for money.

I'll wait for my check in the mail!

I play only when > 1B

This is how you know life is not fair and is a legit simulation.

If she knew how to rig a lottery she probably wouldn't have worked there for 36 years.

I hate that I know exactly what to do with it and yet somehow I never catch a break

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It's easy, just stick to confirmation bias and never remember all times you played and lost. You'll win every time!

Also, those who are sensible with their money are FAR less likely to gamble it away.

She may have if her manager did. Im not saying she necessarily cheated her herself I'm saying it could be rigged co contractuals for wright offs on over gross.

Wow!!!!

This is great news for her!

I wonder if Boeing will ask for a share? /hopefullynot!

Yeah that’s possible..

People do not understand money.

Lowest Powerball/Mega jackpot is 20 million. After taxes and everything that is a take home of about 8 million.

Put that in a safe but low return investment, like Federal Bonds, and you could probably manage 3% interest annually.

I don’t know about you, but I could live a VERY comfortable life on 240k a year.

Shi, id just program games and apps all day

Using the 4% rule only $2.5 million would give you passive income of about 100k and would adjust with inflation. If 100k isn't enough to retire on I don't want to see your bills.

There's more to worry about than getting bored when you're winning hundreds of millions. Just read about Whitaker on that thread.

Please have this 🏅 with my compliments

Upvoting because your upvotes are 420

Who's a happy little tree?

I wouldn’t tell anyone. If it was made public, I’d try to hide it well and travel. Come back and pretend I pissed it all away.

If that seems to not be thought out, I’ll live like I’m in quarantine, but with tons of money.

Edit to add: I have a list of people in my life who have made the good days and bad richer, and charities that have made the world a much better place. Realistically, if I did win the lottery, I’d anonymously pay back and pay forward the kindness that has been shown to me. There have been days I’ve been in a bad place, where others have carried me. If you do win the lottery, or just have some investments come through,please consider helping out some of the worthy causes out there.

Everything in life requires reading into. You definitely want to learn and know context about life changing shit.

r/nevertellmetheodds

Pretty good odds since as we all know, nobody who doesn’t work at Boeing is allowed to buy lottery tickets. It’s the law.

We live in a simulation

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I know all about Whitaker since my dad was a WVian. The trick, he told me, was to move to where that level of wealth isn't noticed. Whitaker's problem was that he stayed in WV. As my dad said, "Giving a WVian a hundred million dollars is like giving a monkey a shotgun; if he don't kill himself, he gonna kill someone."

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I don’t live in the US but I feel a top answer has to be leave the US

Take the money back! Totally ruined!

If you can't spend literally 10 minutes reading, then you sure as hell aren't ready to have that much money lmfao. This kind of attitude is what leads to people blowing their entire winnings and going back to working at McDonalds in like 2 years flat.

r/dividends is calling. Put $50 million in a 3% dividend etf stock and passively earn $1.5M a year for your life and your kiddos

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at which point does Boeing step in and asks for cut of winnings, for providing the number?

Where can you move to where hundreds of millions isn't noticeable? That would actually be liveable lol, I at least would rather a monkey shoot me with a shotgun that live in places like LA or NYC

Lottery is a scam, a tax on working-class people, an “innocent” way of gambling

I mean, idk where you live but in Washington state you're not allowed to claim your winnings anonymously. I think it's meant to prevent accusations of the lottery being rigged, because they can point to a specific named winner instead of having to say "no we didn't just pocket the money, we promise, just trust us :)"

Uplifting since she will leave a bunch of clowns behind effective immediately

Seriously. Anyone who needs more than a few millions needs to reevaluate their lives. Buy a house in cash and stick their rest in a high yield savings account, live off the interest and cash out in retirement. You could do a reverse mortgage in your retirement years if things get tight.

I like the food bank part, but the extra ten grand to throw a party would have been nice to just give everyone a bonus.

Sounds like the pizza parties instead of raises type deal lol

yeah like i already just play video games and go on hikes at the park every once in a while. Im cozy doing this. Having 300mil would get me a new pc and new boots, nothing else is changing lmao.

That’s some terrible math 😂. At that amount the federal tax is at 24%, plus state tax (if the state charges tax). Someone winning a $20 million Jack pot alone is likely to walk away with $13 million on more depending on the state.

Payout for the bulk payment isn't the same as the jackpot. You wouldn't walk away with 20M, you'd get about half of it.

I'm not sure I understand what the number of employees had to do with a person buying a lotto ticket because it's at 747 mil.

> There's a lot of confirmation bias in the research in regards to lottery winners, because many don't go public with their win and are not studyable (is that a word?).

I think the bias might be a selection bias. The bulk of lottery tickets are likely purchased by the people who are least likely to make good decisions with money, demonstrated by the fact that they spend a lot on lotto tickets.

the lottery is a scam though… your chances to win are so infinitely small that it’s statistically probable to call it statistically impossible.

you have to factor in the winnings are cut in half if you take a lump sum

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Just get a hobby. I play golf and would golf every day for the rest of my life.

I think if you’re in your 20s you could absolutely retire for life if you win $10m.

The government is going to take half of it back in taxes which leaves you with $5m. Even if you don’t invest any of it in anything, if you live to 80, that would be like $83k/yr not including social security that you would be able to collect past 65

Heck maybe you go out and buy a $400k house in cash saving a bunch in interest payments. That would still leave you ~77k/yr for life.

But they didn't, so why bring up a random hypothetical like that?

$20 million listed jackpot. 40% taken off for the lump sum brings us to 12 million. Approximately 1/3 from federal and state taxes brings you to 8 million.

Thanks for playing!

Tbh, the last person that needs that kind of money is a Boeing employee. Yes, the job security isn't fantastic, but they pay preeeetty well

I'm an introvert anyways so it'd probably just sit in the bank for the most part untouched for a rainy day.

Come again?

I want to believe

Georgia is luckily one of the few states where we are able to stay anon. But yeah I forgot some don’t let you stay anon

Whenever people complain about the lump sum payment amount I make some sound that’s a combination of a laugh and an audible cringe. “It’s only $150 million!” is some weird shit to say.

The story of the office workers that each been playing together for years, and the week one of them was off and didn’t put in the others told them they don’t get any of it, still is one of the shittiest human greed stories I’ve ever heard.

You have no idea how money works. Or people…

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One of the only reason lotteries are legal (many are state sponsored) is the government tax the crap out of it. With that much money, there is also a history of fraud and cheating, so it doesn't surprise me that state governments are anal about lottery winners being on the public record.

Hey, me too! :D

awesome!

Reminds me of that scene in The Big Short, Jamie and Charlie talking about how their company is currently operating with $30 million, and the JP Morgan guy makes them feel like utter losers at life because it’s not the $1.5 billion they need for an ISDA. I just balked at that scene, shouting at the screen, “What is wrong with you two! You’ve won at life!”

It must have been heartbreaking to see that the actual lottery winning was 754million not 747

Never thought someone almost 10 miles from where I live bought a lottery ticket that won

Yes, except it's not 40% taken off. $12 million is the actual winnings, and they will invest it for you and payout over 30 years at somewhere between 6 and 8 percent, depending on the current market. The advertised jackpot is a transparent lie.

Uplifting for Becky I guess 🤷🏻‍♀️

I'll just paint some happy little trees over here.

I down voted because you have 755 upvotes, and 754 matches the photo.

(I didn't actually downvote)

Former Boeing employee.

Now she can buy one

I'll take "coincidences" for $500, Alex.