Posts Tagged ‘lottery’

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Mike Rhoades: Target on Your Wallet

Posted by admin on Monday, December 12, 2016

Tax Attorney Mike Rhoades Money Quote saying when you win the lottery get someone you trust to protect you from those who will be targeting your wallet. Mike Rhoades said:
 
After you win the lottery, you now have a target on your wallet Quote
 

“After you win the lottery, one of the first things to do is put together a list of people you trust and make one of them a buffer — someone who will deal with those who come out of the woodwork, because you now have a target on your wallet” — Mike Rhoades

 

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Thomas Jefferson on Paper Money Abuses

Posted by admin on Sunday, August 17, 2014

Thomas Jefferson Money Quotation saying risks and abuses of currency are inevitable. Thomas Jefferson said:
 
Thomas Jefferson Paper money abuses also are inevitable, and, by breaking up the measure of value, makes a lottery of all private property, cannot be denied quote
 

“That paper money has some advantages, is admitted. But that its abuses also are inevitable, and, by breaking up the measure of value, makes a lottery of all private property, cannot be denied” — Thomas Jefferson

 

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This quote suggests that Thomas Jefferson acknowledged paper money (or fiat currency not backed by gold/silver reserves) had certain benefits. However, he also believed that abuse and mismanagement of paper currency systems were inevitable due to their instability.

Jefferson appears to be arguing that when the value of money fluctuates unpredictably as the “measure of value” changes, it undermines people’s ability to reliably assess the worth of private property and financial assets. He seems to view such instability as essentially turning every person’s wealth into a random “lottery” over which they have no control.

The quote conveys Jefferson’s skepticism of paper money due to the risks he felt it posed to the security of private property ownership and overall economic certainty.

Roger Jones: Long Odds

Posted by admin on Tuesday, July 12, 2011

Funny Money Quotes: The monstrously long odds of winning the lottery is not something those who play it want to give serious consideration. Roger Jones said:
 
I guess I think of lotteries as a tax on the mathematically challenged Quote
 

“I guess I think of lotteries as a tax on the mathematically challenged” — Roger Jones

 

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This quote by Roger Jones shares similarities with the previous quotes about lotteries. Specifically:

  • Jones characterizes lotteries as a type of “tax” since money spent on tickets is very unlikely to be recouped in winnings due to the long odds against players.
  • He further specifies that this lottery “tax” disproportionately impacts those who are “mathematically challenged” – meaning they may not fully understand how improbable it is to win compared to the amount wagered.

Overall, Jones is making the same insightful point as others that lotteries rely on statistically unrealistic hopes to transfer wealth from less quantitatively-minded players to the lottery systems themselves. His phrasing of lotteries as a “tax on the mathematically challenged” succinctly captures this perspective through a wry yet thoughtful observation.

Brian May: Chance of Asteroid Lottery

Posted by admin on Sunday, January 2, 2011

Brian May Funny Money Quote saying that he’s not fond of the lotto concept, believing that odds against winning are close to odds of meteor strikes. Brian May said:
 
I despise the Lottery. There’s less chance of you becoming a millionaire than there is of getting hit on the head by a passing asteroid Quote
 

“I despise the Lottery. There’s less chance of you becoming a millionaire than there is of getting hit on the head by a passing asteroid” — Brian May

 

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In this quote, Brian May is strongly expressing his disdain for lotteries by highlighting how improbable it is to win significant prizes from playing them. Specifically:

  • He states that he “despises” the lottery, showing a negative view of the institution.
  • May then dramatically compares the already tiny chance of becoming a lottery millionaire to the almost astronomically low probability of being struck on the head by a passing asteroid.

By choosing such an outlandish comparison, he aims to emphasize just how unrealistic it is to rely on lotteries as a path to riches.

Overall, May’s message aligns with the previous quotes – that lotteries exploit statistically unrealistic hopes due to the immense unlikelihood of any meaningful payouts for individual players. His vivid phrasing drives home the point that lotteries are long shots unlikely to pay off financially.

Jay Leno: Lottery Winning Psychics

Posted by admin on Saturday, January 1, 2011

Jay Leno Funny Money Quote saying that Lotto winners should probably be disproportionately represented by psychics – why don’t they take advantage of their gift?. Jay Leno said:
 
Here’s something to think about: How come you never see a headline like ‘Psychic Wins Lottery’? Quote
 

“Here’s something to think about: How come you never see a headline like ‘Psychic Wins Lottery’?” — Jay Leno

 

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In this quote, Jay Leno is jokingly pointing out the lack of consistency between psychics’ claimed abilities and their lottery-winning track records. Specifically:

  • Leno notes that one never sees a headline proclaiming that a psychic has won the lottery.
  • This is humorous because if psychics truly had genuine powers to foresee the future, it seems they would presumably use these abilities to pick winning lottery numbers.
  • The fact such victories by psychics are never reported suggests to Leno that their powers may not be real or reliable.

Overall, through witty questioning, Leno aims to cast doubt on the legitimacy of psychics by noting their apparent inability to parlay their supposed talents into provable lottery wins, which one might reasonably expect if their predictions actually worked. It’s a characteristically sarcastic joke at the expense of the psychic profession by Leno.

Monique Lloyd: Mathematical Lottery Odds

Posted by admin on Thursday, December 30, 2010

Monique Lloyd Funny Money Quote saying that people fail to understand the mathematical odds against winning the lottery are worse than the chance of being struck by lightning. Monique Lloyd said:
 
The lottery is a tax on people who flunked math Quote
 

“The lottery is a tax on people who flunked math” — Monique Lloyd

 

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In this quote, Monique Lloyd is making a witty observation about how lottery tickets function as a regressive tax that disproportionately impacts those less proficient at mathematics and probabilities. Specifically:

  • She notes that playing the lottery regularly amounts to a hidden “tax” as the odds are heavily stacked in favor of the lottery organizers, not the players.
  • Lloyd then states this “tax” primarily affects those who did not master mathematical skills like calculating probabilities of winning extremely low-chance games of chance.

Her point is that while playing the lottery can be entertaining for some, it relies on the statistical unlikely hopes of many and effectively transfers wealth to the lottery systems from those without a full grasp of the unfavorable odds against them.

Overall, the quote offers an insightful perspective on lotteries by characterizing them as a tax that unintentionally preys upon mathematical weaknesses for financial gain. It’s a clever way to frame the economics of gambling activities.

Fran Lebowitz: Lottery Odds

Posted by admin on Sunday, December 26, 2010

Fran Lebowitz Funny Money Quotes Sometimes we play the odds based on faith rather than using mathematical liklihood and throw away cash in casinos and lotteries. Fran Lebowitz said:
 
I've done the calculations and your chances of winning the lottery are identical whether you play or not Quote
 

“I’ve done the calculation and your chances of winning the lottery are identical whether you play or not” — Fran Lebowitz

 

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In this quote, Fran Lebowitz is making a dryly humorous observation about the extremely low odds of winning the lottery. Specifically:

  • She states that she has done the mathematical “calculation” of determining the probability of winning.
  • Lebowitz then points out that whether someone actually buys a lottery ticket or not, their chances of winning the grand prize are exactly the same – which is next to impossible.

She aims to get a laugh by highlighting the futility of playing a game where the odds are overwhelmingly stacked against the player.

The overall message is a tongue-in-cheek reminder that no amount of lottery play will meaningfully increase one’s infinitesimal chance of striking it rich. Through wit, Lebowitz prompts recognition that lotteries rely more on luck than any strategy or effort on the part of players.

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