PSA-Mega Millions jackpot is $540 million..Drawing will be Friday 7/8/16.. UPDATED!

[ViviTheMage]

Deal and cash flow isn't a problem as long as I'm fully reimbursed and I'll even cover the PayPal/venmo fees. I would like to have $10 minimum buy in and option to buy multiple shares, what do you think?

Can you setup something on your domain so we can take this conversation offline? Don't send a mass email yet, I'll PM you tonight.

Yeah, PM'd ya. venmo is 100% free luckily...and they did not seem to care about it being for lotto funds... $10 minimum again as well.

When is the next drawing? Isn't it tonight?

 

[zinfamous]

Yeah, PM'd ya. veemo is 100% free luckily...and they did not seem to care about it being for lotto funds... $10 minimum again as well.

When is the next drawing? Isn't it tonight?

Friday.

Powerball is Wed/Sat. Mega Millions is Tues/Friday.


and a good reminder: This is MegaMillions, NOT Powerball. (these are usually powerball lottos because they tend to have the larger/faster growing jackpots)

 

[ViviTheMage]

Thanks zinfamous, megamillions never gets this high I don't think.

I don't recall if we tried this last time, but do we want to do 'shares'? IE if someone gives $20, they get 2 shares of the very unlikely chance we win? Or are we good with one user, 1 share @ $10 and no more?

 

[zinfamous]

thanks zinfamous, megamillions never gets this high I don't think.

I think one or two of the ATOT lottos did Mega because it hit that $370-450 million mark some years ago?

It grows slower because it's a 1 dollar ticket vs 2 dollar for Power Ball. It's usually $5mil+ between draws, but it just jumped more than $50million after last night's draw.

Just shows how many more bought tickets.

I'm fine with shares. We did it at least once before, but I think the 1 billion lotto was a 1 share max?

 

[Fanatical Meat]

Thanks zinfamous, megamillions never gets this high I don't think.

I don't recall if we tried this last time, but do we want to do 'shares'? IE if someone gives $20, they get 2 shares of the very unlikely chance we win? Or are we good with one user, 1 share @ $10 and no more?

Simplicity is best one share one payment

 

[JEDI]

Deal and cash flow isn't a problem as long as I'm fully reimbursed and I'll even cover the PayPal/venmo fees. I would like to have $10 minimum buy in and option to buy multiple shares, what do you think?

Can you setup something on your domain so we can take this conversation offline? Don't send a mass email yet, I'll PM you tonight.

no on multiple buys.
can of worms...

 

[zinfamous]

no on multiple buys.
can of worms...

I'm for people being able to choose, but I agree that it could lead to a shitstorm if the improbable happens.

just takes one butthurt single-share purchaser to be jelly of the multi-share members....

 

[ViviTheMage]

I'm for people being able to choose, but I agree that it could lead to a shitstorm if the improbable happens.

just takes one butthurt single-share purchaser to be jelly of the multi-share members....

works for me...i'll send the email out, you guys can pass it on to whoever wants to buy in! Don't have to be AT members.

One thing we allowed in the past, if you are married, or have a bf/gf you can send in $20 and get two shares that way...but that will have to have separate emails, so I can contact you individually.

http://vivithemage.com/2016/07/06/at-lotto-8-june-2016/

 

[zinfamous]

works for me...i'll send the email out, you guys can pass it on to whoever wants to buy in! Don't have to be AT members.

One thing we allowed in the past, if you are married, or have a bf/gf you can send in $20 and get two shares that way...but that will have to have separate emails, so I can contact you individually.

http://vivithemage.com/2016/07/06/at-lotto-8-june-2016/

I was wondering about this, for tax reasons.

I recall that in past discussions, there is "some way" to funnel the money (that we absolutely will win) into a holding that will be taxed once, then distributed equally to all pool members without having to face taxes on each distribution. So, with that situation, I would hate to have to be taxed on splitting my share of distribution--because we will win this thing, obviously.

 

[ViviTheMage]

I was wondering about this, for tax reasons.

I recall that in past discussions, there is "some way" to funnel the money (that we absolutely will win) into a holding that will be taxed once, then distributed equally to all pool members without having to face taxes on each distribution. So, with that situation, I would hate to have to be taxed on splitting my share of distribution--because we will win this thing, obviously.

DUH!

We will most likely spend some funds on a tax lawyer to help do the distribution properly, we do not want anyone getting hosed here, and keep it all legal :thumbsup:.

 

[RossMAN]

On my cell now I'll respond to any PM's I received tonight after I get home, around 7pm Pacific.

 

[ViviTheMage]

On my cell now I'll respond to any PM's I received tonight after I get home, around 7pm Pacific.

no worries, just hit me up when you can, or my email, which everyone has

 

[Suspicious-Teach8788]

I think you need to move to Bitcoin transactions

 

[ViviTheMage]

I think you need to move to Bitcoin transactions

I wouldn't mind it, but it seems to fluctuate to often, and I haven't been in the bitcoin game since 2011, so I don't know where to even cash out at anymore.

I am still pissed at myself, I had a few hundred bitcon from mining back in 2011, but I don't know where the wallet went... back then it was like 10 btc for a pizza or something. So nobody really took it seriously, and neither did I, haha.

 

[Chiropteran]

Getting in for this, I have a feeling this is when we win.

 

[Chiropteran]

I wouldn't mind it, but it seems to fluctuate to often, and I haven't been in the bitcoin game since 2011, so I don't know where to even cash out at anymore.

You can do something with coinbase where you accept bitcoin of a given USD value and it's immediately converted.

Though, I'm not sure if it's viable for casual use like this, or only commercial use.

 

[ViviTheMage]

I think BTC would be a better method, because digging into it, technically venmo doesn't allow lotto buys either, but the last two times seemed to have gone through OK.

https://venmo.com/legal/us-user-agreement/

So just don't reference lotto.

 

[mafia]

Getting in for this, I have a feeling this is when we win.

:thumbsup: Positive thoughts. We will be victorious!

 

[ManBearPig]

I thought we weren't allowed to do this on AT? Also, can I just do a $5 buy in? I don't have much spare cash at the moment but would like to be a part of this.

 

[Dr. Zaus]

I am in,
we will win.

 

[RossMAN]

I thought we weren't allowed to do this on AT? Also, can I just do a $5 buy in? I don't have much spare cash at the moment but would like to be a part of this.

*Cough* we're not, this is purely hypothetical *cough*

I'd still prefer a $10 minimum buy in or $5 with option for multiple shares

Perhaps Vivi can setup a quick surveymonkey to see what the majority would like in regards to 1) minimum buy in and 2) multiple shares?

 

[Dr. Zaus]

I thought we weren't allowed to do this on AT? Also, can I just do a $5 buy in? I don't have much spare cash at the moment but would like to be a part of this.

ATOT minimum wage only: if $10 is > .01% of your income: don't waste your money!

 

[Capt Caveman]

I thought we weren't allowed to do this on AT? Also, can I just do a $5 buy in? I don't have much spare cash at the moment but would like to be a part of this.

If you don't have $10 in your paypal/venmo account then maybe you shouldn't be gambling.

 

[Dr. Zaus]

I thought we weren't allowed to do this on AT? Also, can I just do a $5 buy in? I don't have much spare cash at the moment but would like to be a part of this.

How the heck did you join in 2000 when you are named after a south park episode from 2006?

 

[IEC]

How the heck did you join in 2000 when you are named after a south park episode from 2006?

You can request name changes.