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What would you do?



 
 
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  #1  
Old December 29th 03, 11:19 PM
Michael
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Judah wrote
I'd probably start off buying a nice little air-taxi company. This way all
this aviation stuff might actually pay me back! Plus I might actually be
able to keep some of the money that I won...


Folks, print this out and save it. It's a business plan for making a
small fortune in aviation.

Michael
  #3  
Old December 28th 03, 11:05 PM
L Smith
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Sven wrote:

The multi-state PowerBall lottery is going to be over $200 million
Wednesday. This thread has been done on here before...

What would you do if you won the Lotto???
Upgrade your plane?
Get a newer/bigger/better plane? Get a fleet?
Get AMEL/ASES/ Instrument and/or Commercial ratings?


The more realistic question here would be "what would you do if you
won Sporty's
contest?" Pilots are actually likely to enter it.

Rich Lemert

  #4  
Old December 29th 03, 05:36 AM
Roger Halstead
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On Sun, 28 Dec 2003 23:05:48 GMT, L Smith
wrote:

Sven wrote:

The multi-state PowerBall lottery is going to be over $200 million
Wednesday. This thread has been done on here before...

What would you do if you won the Lotto???
Upgrade your plane?
Get a newer/bigger/better plane? Get a fleet?
Get AMEL/ASES/ Instrument and/or Commercial ratings?


The more realistic question here would be "what would you do if you
won Sporty's
contest?" Pilots are actually likely to enter it.


Yup! one of the local Pilots won the Gruman Tiger a few years back.

Roger Halstead (K8RI & ARRL life member)
(N833R, S# CD-2 Worlds oldest Debonair?)
www.rogerhalstead.com

Rich Lemert


  #5  
Old December 29th 03, 06:09 PM
G.R. Patterson III
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L Smith wrote:

The more realistic question here would be "what would you do if you
won Sporty's contest?"


Sell the Sporty's plane, pay the taxes (about 42% of the value), and trade my Maule
in on either a bigger Maule or a Cessna 180.

George Patterson
Great discoveries are not announced with "Eureka!". What's usually said is
"Hummmmm... That's interesting...."
  #6  
Old December 29th 03, 03:16 PM
EDR
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Those of us with any understanding of mathmatics know that the odds of
winning are not in our favor. (On the positive side, the odds of losing
are greatly in our favor!)

Still, it is amusing to wager $1 on the chance of winning a much larger
sum with the odds of 1:11,000,000.
  #7  
Old December 29th 03, 03:19 PM
Tom Sixkiller
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"EDR" wrote in message
...

Those of us with any understanding of mathmatics know that the odds of
winning are not in our favor. (On the positive side, the odds of losing
are greatly in our favor!)

Still, it is amusing to wager $1 on the chance of winning a much larger
sum with the odds of 1:11,000,000.


A buck for a cheap two minute thrill. Hell, two minutes with a hooker would
cost $100! (Come'on, admit it...that's the average males staying power!)


  #8  
Old December 29th 03, 07:08 PM
Aardvark
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EDR wrote:
Those of us with any understanding of mathmatics know that the odds of
winning are not in our favor. (On the positive side, the odds of losing
are greatly in our favor!)

Still, it is amusing to wager $1 on the chance of winning a much larger
sum with the odds of 1:11,000,000.


1:135,145,920 for the Mega Millions jackpot

  #9  
Old December 30th 03, 02:26 AM
Judah
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So at a winning yield of $200 Million, the odds are paying better than even
for a $1 bet. Seems better than house odds in a casino...



Aardvark wrote in news:GU_Hb.64573$xB5.10314
@bignews1.bellsouth.net:

EDR wrote:
Those of us with any understanding of mathmatics know that the odds of
winning are not in our favor. (On the positive side, the odds of losing
are greatly in our favor!)

Still, it is amusing to wager $1 on the chance of winning a much larger
sum with the odds of 1:11,000,000.


1:135,145,920 for the Mega Millions jackpot



  #10  
Old December 30th 03, 03:28 AM
Teacherjh
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So at a winning yield of $200 Million, the odds are paying better than even
for a $1 bet. Seems better than house odds in a casino...


.... but you are likely to share the jackpot, so the EV is actually smaller.

Jose

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