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Tag Archive for: money

The dream lottery

0 Comments/ in Observations / by Mr Topp
March 1, 2011


As I am writing this, there is a lottery ticket sitting beside my computer. This Friday, should the seven numbers on the ticket match the seven numbers drawn at random, Karen and I will be approximately £50 million richer.*

Of course, our numbers will not be the ones to turn up, though we dare your imaginary powers-that-be to prove us wrong. I have known several people to call the lottery an “idiot tax”. A statistics professor I had in University called it a “tax on people who do not understand probability.”

I understand probability. I got an A in that professor’s class, and in the probability class I took the following year based on my enjoyment of the first class. Later, I dropped statistics and changed my major to pure mathematics because the subject was so dull it made me want to gouge out my own eyes.

But I understand it. The numbers on this ticket will not be drawn on Friday. I will have a little less money in my bank account next week than I do this week. This is fine.

I don’t play the lottery to win.

I play because of the annoying advertising that played on Canadian television during my adolescence:

Just imagine.

This was the catchphrase used in the advertising for Canada’s national lottery. I ignored it at the time. But it clearly planted a seed. It took some time to grow, and to be recognised. But it’s a plant now.

Something happens when I buy a lottery ticket.

Every day I walk home, and every day my mind wanders while I walk. I compose blog articles in my head. I have imaginary arguments. I plan my next vacation. I wonder what I will buy Karen for her birthday. Lots and lots of thoughts.

The evening after buying a lottery ticket — and sometimes an extra evening or two aside — I imagine what I would do if I won. I just imagine.

If the draw is for £10 million, that can be divided into £200K a year until I die, leaving aside the wishy-washy world of investment earnings, inflation and life expectancy. What would I do with that money?

I imagine the home I would buy. The hat I would wear. The vacations I would take. I re-evaluate those previous thoughts about Karen’s birthday present. I think about Maggie’s education. I think about being in business class next time I fly home to see my family. I think about how I could help people by giving to charities.

None of it is extravagant. None of it would turn me into one of those cautionary tales: former lotto winner declares bankruptcy!. None of it is too much of a reach.

And I understand that I do not need a flash of luck, I do not need the right numbers to appear on Friday evening to achieve anything that the lottery would give me. All this is achievable with the application of hard work over time.

It inspires me to work harder, because I know my numbers are not coming up. It inspires me to roll up my sleeves and work towards achieving these things. It reminds me to be ready for the next time opportunity knocks, for it will be more subtle and demanding than £50 million being dropped in my lap out of nowhere.

Some people play the lottery because they think that they might win. For these people, it truly is an idiot tax.

More people play the lottery for the thrill they feel. Apparently most lottery winners keep playing after they have won — the thrill of the game must count for something.

I play the lottery, because every time I do, I dream. And I am reminded that my dreams can be achieved, even if they cannot be won.

The cost of a ticket does not seem a high price to pay.

*This assumes that nobody else has a ticket with these same numbers. We would be much richer, regardless.

Image is Winged Dream, by Luminis Kanto

The morning coffee is not spending money

1 Comment/ in Morning Coffee / by Mr Topp
May 10, 2010

In perhaps the saddest news story we have ever borne witness to, The Huffington Post has run a story about a woman boasting that she went an entire twenty-four hours without spending any money. I do this without making an effort on a regular basis, and find it sad that somebody doing so is worth boasting about.


(by James Haefner)

The physics of Iron Man.

The FCC in the United States has decided that the programs you watch on your television will be allowed to control your television set.

The morning coffee swings the election

1 Comment/ in Morning Coffee / by Mr Topp
May 4, 2010

You might have noticed that the Big Bad Blog is in the middle of election fever at the moment, with an election on Thursday. Many newspapers are publishing articles about the required swing in votes in order for the Conservative and/or Liberal Democrats to take control of Parliament. And the math behind those swings is horrible and naive in assuming that a swing in votes would be uniform across every constituency. This is blatantly untrue — one might as well claim that, since the Conservatives lead the popular vote in the polls, they will win every seat, because they will get more votes than the other parties.

Simply not true. Each of the three main parties have strong pockets of support, and places where they have no chance of winning. And the swing in votes away from Labour will not be uniform.

Enter Nate Silver of fivethirtyeight.com, and the Advanced Swingometer.

Here’s an interesting comparison of the fair use economy, versus the copyright-dependent economy.

Also, engineers in Montreal are hard at work on their new ice printer.

The morning coffee would welcome being paid in gift cards

0 Comments/ in Morning Coffee / by Mr Topp
February 5, 2010

A California judge finds himself in a little bit of trouble this week. After agreeing to a plea deal that would see his clients be paid in gift cards instead of cash, the judge ordered that the lawyers $125,000 payment should also be paid the same way. The decision has (unfortunately) been overturned, and there is a little less justice in the world today.


(Photo of the annual Tough Guy race, by Michael Regan)

Ah, Twitter — the new CEO resignation engine.

Easy come, easy go — the website Awkward Stock Photos has been removed from the Internet, following a DMCA claim from a stock photo website.

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