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Tuesday, April 3rd, 2012 at 9:40 am  |  24 responses

Chris Singleton Preferred Blowing $10k on Lottery Instead of ‘in the Club’


Washington Wizards rookie Chris Singleton made news last week when he purchased $10,000 worth of lottery tickets, but he didn’t win the Mega Millions jackpot. Singleton says that he has no regrets. From the WaPo: “The Wizards rookie, who will earn $1.485 million this season, wrote last week on his Twitter account that he was going to take a shot at the jackpot: ‘I’m about to drop 10000 on the lottery and cross my fingers #halfwaytoabillionaireifiwin’ He later explained to his Twitter followers that he was making an ‘investment’ and added, ‘If I get richer, I will change the world for the better.’ When asked about the purchase on Monday, Singleton said he had to buy tickets at different locations because they weren’t allowed to print his requested demand at once. He added that he felt he made a wise investment, even though he didn’t win. ‘Either that or blow it in the club,’ Singleton said.”

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  • JMM

    Twit.

  • SWIFTboy

    The chances of winning the lottery are so astronomically small that buying multiple tickets does not significantly increase your chances of winning, statistically speaking. If you ARE going to buy a loto ticket, just buy one. Also, never consider it an investment, lol.

  • MikeC.

    Why do pro athletes go broke?

  • http://theillustrationboard.tumblr.com/ Stepfan

    Typical Washington Wizards ish smh

  • http://slamonline.com Jones

    Yeah, saving money in a bank account is clearly too insane a move to even consider.

  • abaci

    @ MikeC Word.

  • Drig

    10K……………..No remorse.

  • ktokyo

    investment? smh.

  • shuref00t

    Avon: “How much money you talkin’ bout?” Cutty: “$10,000.00.” (Slim Charles chuckling) Avon: “You going through all that for $10,000.00? Man, Slim, go get him $15,000.00, cash, man!”

  • bike

    “He added that he felt he made a wise investment, even though he didn’t win”.
    What do you say about someone who makes a statement like that?

  • covan

    and i thought mcgee was a bonehead…

  • robb

    @SWIFTboy exactly

  • J.C.

    ‘I have $10,000, should I spend it all on lottery tickets or on alcohol?’
    - Average Washington Wizard.

  • abaci

    Wire shout outs!

  • http://www.google.com/news BETCATS

    Drig wins.

  • thetalkingcomb

    @J.C! Apparently, this Rodman scholar from the J.Mcgee School of Economics at the University of Agent Zero believes in exactly 2 ways to spend $10,000.

    DIVERSIFY YO’ BONDS!

  • angus

    thats like saying an air ball was a great shot it just didnt go in

  • FnF

    This story is a non-issue, for a jackpot that size the reward greatly trumped the risk. He spent approx. 1% of his income on lottery tickets. This isolated event doesn’t make him Antoine Walker.

  • rackrackcity

    he was thinkin ‘if i spend 10,000 on tickets ill get that half a billion that i can spend at the club’ haha

  • MUBWAR

    in the u.s. something might be in the water.

  • biggieman

    Hey give AI a call and see how these wise financial decisions work out in the long run. Idiot.

  • surety

    LMFAO at thinking lottery tickets as an investment

  • dsleepy

    at least he plays hard, stays in shape, and doesn’t host “strip club tuesday”

  • shutup

    gotta love the Wire references.

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