$1 million lottery ticket for sale

Discussion in 'Trading' started by austinp, Jan 21, 2007.

  1. Once again Austin simply shares some info and the haters came out hard. Until they were proven wrong (again) that is.

    I really don't know why Austin hangs around here. He constantly takes a beating from posters - I guess b/c he's a vendor of trading info - and he handles it with professionalism again, and again, and again....

    Why do you guys insist on beating up Austin when he posts something? Is it simply b/c he has a business that involves trading education? Is that it???? Hasn't he proven over and over again that he takes the higher road? Why do you insist on the insults and attacks on a message board? Does it make you feel like a bigger man?

    Once again, I've stated this before - if I was a newbie and looking for some good educational info to get started, I would consider doing business with Austin simply b/c how he handles himself here. There have/are/will be vendors that as soon as you attack, they run away or fight back. Austin has not done that. He takes the attacks with respect and politely responds to posts from the attackers.

    I just don't understand why people here want to drive away a poster that is genuine and sincere - whether that's trading or otherwise. Apparently it's more enjoyable to get posts from people that don't have a clue about trading or otherwise. It appears to be much more enjoyable to read the posts about accounts blowing up, losing trades, etc. (misery loves company, right?) than to hear from someone that is experienced in the markets and willing to share his insight here for FREE.

    Austin - there are some of us that appreciate your posts and hope that the detractors do not push you away. I've never met you or spoke to you, but I appreciate how you handle yourself on this board with all the jerks here. I wish your friend the best.
     
    #101     Feb 11, 2007
  2. feb2865

    feb2865

    I second that and I would like to add on this stupid a senseless attack is probably caused by something I will name " knowledge's envy" A sickness that seems to be spread out like worms on this site (with all respect please)

    A small criticism with no intentions to offend anyone. There's certain people here that are waiting for you to make any statement or ask a sincere maybe naive question in order to attack you or better to put you down, for whatever the reason, Moderators should put close attention to that in my opinion.


    Austin, my hats off to you brother. I truly appreciate your comments. Thanks to share your knowledge
     
    #102     Feb 11, 2007
  3. <i>"ps. Hope those pups and lovely lady are doing fine AP."</i>

    Same as always, Bill... wild, naughty and pawing at me day & night.

    That pretty much describes the puppies, too :eek:
     
    #103     Feb 11, 2007
  4. robinmarc

    robinmarc

    This individual (NY State lottery) is to receive 19 (remaining) annual payments of $50,000 per year (pre-tax).

    News reports suggest that the best offer he's received is about $200,000. That is terrible.

    A reputable purchaser of state lottery prizes (which can be "assigned" pursuant to court order should pay substantially more. www.encorefunding.com, for example, has a website that explains the entire process. An individual seeking to trade future annuitized payments should call Encore and see what they will offer. My guess is that it would be probably be well in excess of $440,000.
     
    #104     Feb 11, 2007
  5. romik

    romik

    One of the methods to beat cancer is to stop eating & just drink water & very little honey until the time the tumour/s either reduces substantially or disappears completely. Strong spirituality will help a lot, a belief. Most conventional methods will simply prolong life anyway, so why not try something that might help indefinitely. I personally know a person that was previously diagnosed with IV stage cancer, she starved for around 80 days (no honey comb, just little water), cancer has disappeared. Actually starvation cures a lot of illnesses, as most parasites are living organisms for which a human gut is a perfect breeding ground. There's been a lot of stuff published re: starvation at critical times & it is a horrid experience as the internals go through massive adaptation periods & it has been known where some people's digestion system fails to 'jump-start' after the starvation period has finished, but IMHO is worth the risk, I would definitely do it this way & not via chemo or radiotherapy that simply prolong life & at times do more harm than good. It's all in our mind anyway, trouble is we do not have a key to the lock, yet. It is a very personal decision, just a suggestion. BTW most medics will call this insane, but that person I am talking about was a surgeon in the past & after switched to alternative medicine. Insane or not insane is a matter of opinion anyway. All the best to your friend Austin.
     
    #105     Feb 11, 2007
  6. robinmarc

    robinmarc

    Lotteries offer games with a lumpsum option and games where the prize is "annuitized." On those games where the lumpsum option is available, the winner must make an irrevocable election with 60 days of the drawing. If there is no lumpsum option offered, or if the cash option election is not made in time; the lottery itself does and cannot offer a lumpsum option to those already receiving annuitized prizes. Indeed, if the lottery did make such offers, it could a tax liability for all winners receiving annuitized payouts under the "constructive receipt" doctrine.

    In NY State, there is a statute which allows winners to sell or assign their right to future prize payments to third parties in exchange for "upfront" cash. The statute has an array of procedural safeguards and disclosure requirements (winner must consult with independent financial advisor; rates must be disclosed; winner must be afforded right to cancel; entire transaction must be presented to and approved by a court). But if you go to an investor that knows the rules and the process and has a fund dedicated to buying, pooling, and securitizing state lottery prizes; winner's can get a pretty good lump sum deal.

    There is a lot more information on this option available at
    www.encorefunding.com.
     
    #106     Feb 11, 2007


  7. This is true, the purpose of modern medicine is to prolong the patients life and not to cure any disease. The sick are put through a "treatment process" and never a "curative process" so as to generate a steady stream of cash flow. The only way to cure cancer is to disregard modern medicine and change your greasy diets.

    There are very simple cures for many diseases. A daily drink of ACV ( apple cider vinegar ) mixed with honey, crushed garlic, cayenne pepper and turmeric will cure pretty much any disease. For late term cancer, research aloe vera acemannen extract. As per Michael Milken and Lance Armstrong, the healing power of the mind is never to be under estimated.

    http://recipes.suite101.com/article.cfm/healthy_cooking_with_mike_milken

    http://www.cyclingnews.com/results/archives/oct96/lance.html
     
    #107     Feb 11, 2007
  8. ticktock

    ticktock

    #108     Feb 12, 2007
  9. kaiko327

    kaiko327

    To everyone in the beggining who was being jerks. You truly are mean and cruel. This is a legit story, been posted all over online and i did see it on T.V.
    And you people should apologize, especially the one who said he WOULD buy it for 400k.

    As for buying the ticket i wish i could do so but i could only hand over 200k right now. I hope everything goes well for Wayne.
     
    #109     Feb 13, 2007
  10. where's trump? for a new yorker who enjoys basking in the limelight, this would make him look taller than his other trump plazas.....or he could use it as a task to revive his apprentice viewership next season by making the gang raise money to buy over the lottery....

    i'm constantly surprised and disappointed that in a society where there are many who can help, few choose to.....a friend once hosted an event where the hall were full of millionaires...an impromptu call to raise some money for a charity netted $300...i guess the rich do not carry cash...lol
     
    #110     Feb 13, 2007