General Question

cheebdragon's avatar

I won $50 last night on a big spin ticket, should I use the $ to buy more tickets or should I just spend the $ somewhere else?

Asked by cheebdragon (18830points) April 30th, 2008 from iPhone

What do you think I should do?

Observing members: 0 Composing members: 0

12 Answers

nikipedia's avatar

Open an IRA.

cornman's avatar

Give it to someone who needs it or put it in a mutual fund and don’t touch it until you are 60.

BadMotherFluther's avatar

Depends on you situation.

cornman's avatar

My dad once told me that the fastest way to “double” your money is to fold it in half and put it back in you pocket.

BadMotherFluther's avatar

Cornman if Cheebdragon done that, we would’nt be here.

cheebdragon's avatar

Maybe $25 on 20+ ( they are $1 but i dont know how much tax would be) tickets and $25 in my pocket???

jrpowell's avatar

It depends on if you actually want to get anything out of the money. If you buy more tickets you will likely walk away with nothing. Go spend the money on yourself. There must be something that you want that you normally wouldn’t spend 50$ for.

I’m a gambler that has taken way to many classes in statistics. You will end up with nothing if you keep betting your winnings. Know when to quit.

skfinkel's avatar

If you are a gambler, gamble it, knowing you will lose it. If you are not a gamble, rejoice in your good luck and buy yourself something special. Bank the rest.

Breefield's avatar

Go to the theater and watch ‘21’ with your winnings!

jvgr's avatar

If this is your first Big Spin, consider yourself lucky and don’t do it again.
If it’s not your first Big Spin, how much has it cost you to win $50?

cheebdragon's avatar

I didn’t even buy it, my bf gets them every once in a while, and he gives them to me…
He doesn’t really care about the lottery, but most of the places around here won’t break $ if you don’t buy something.

jvgr's avatar

Well, then keep the money and continue accepting all free games (you’ll never lose)

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