Rosenblum: Powerball? Not for me, thanks. Here's why.

  • Article by: GAIL ROSENBLUM , Star Tribune
  • Updated: May 20, 2013 - 8:50 PM

By now, someone is likely very, very rich in Zephyrhills, Fla.

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ls123May. 20, 13 9:20 PM

What an excellent article!! Very thoughtful.

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shaggsMay. 20, 13 9:51 PM

good for you Rosenblum...but don't hold it against the millions of people who choose to play knowing we most likely won't. If you want not to play and keep your day job go for it. What a stupid story and waste of time....

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BallFourMay. 20, 1310:13 PM

Winning hardly cements having no reason to unkiester our beds daily, it just means not going to work in a cubicle for a fraction of what the CEO makes.

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orpheus90May. 20, 1310:26 PM

Nice opinion piece, and yes, 650 mil is an obscene amount that has "Faustian Bargain" stamped all over it ... still, there's got to be something that redeems it!

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johnmplsMay. 20, 1310:38 PM

Congratulations on being born to such wise parents. Please pass along that wisdom to the next generation.

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dbsdbsMay. 20, 1311:12 PM

I bought one Powerball ticket several years ago... then worried that I might win. I was relieved when, no surprise, my numbers did not come up. And I never bought another ticket.

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julio57May. 20, 1311:26 PM

I agree with the sentiment of the article, but I ask a question: Would any of us turn down the money? I ask not, "what would you do with the money", but 'WOULD YOU TURN IT DOWN??' I'd like to think that I, or you, would be gracious, respectful, charitable, and conscientious with the winnings. However, for those who think they could do so, the problem is not how we would deal with the winnings, but how those we know would deal with 'us' winning. I am happy where I am, and do not want to move to avoid begging from the neighbors, relatives, and every crook in the county. That said, I think, repeat: I think: that I could handle winning, unfortunately I would choose to leave my home and move to a place where people do not know me or how I came across the money. That said, history tells me that I am wrong, and I will have problems and blow the money.....but I still take the chance.

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SeaSharkMay. 21, 13 1:19 AM

GAIL! Warren Buffet, Carlos Slim, Larry Ellison, J.K. Rowling, Bill Gates, Sara Blakely and I suspect most billionaires still "get their butts out of bed in the morning" and enjoy active productive lives because of--not despite of--the fact that they're rich. These folks continue to be entrepreneurs, philanthropists, angel investors, venture capitalists. They serve on the boards of arts institutions and social service nonprofits like Cornerstone and United Way, and usually donate considerable sums of money to these organizations. True, some lottery winners have squandered their fortunes or declined to alter their lifestyle, but those choices were theirs to make; so what and who cares? Buying Powerball and Mega Millions tickets is harmless fun that inspires fanciful daydreams about a potential life free from financial drama, dreams that players quickly and cheerfully set free, satisfied that their ticket money is funding the lotteries' statutory charitable recipients. Does anyone need a $600 million payday? Probably not, but next time I'd love to answer the question from personal experience.

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bizsmithMay. 21, 13 4:28 AM

This speaks for changing the rules so there are more winners so the pot doesn't accumulate so high.

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smarterthanuMay. 21, 13 5:41 AM

Good point, Gail. While I don't know anyone who has won a lottery I know plenty of people who have retired and most of them are bored out of their minds.

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