Re:Facebook Q3 2016 Results
by morgante on Wednesday November 02, 2016 @06:02PM
(#12859795)
The difference is that I can't go and buy shares in the winning Powerball ticket.
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Re:Facebook Q3 2016 Results
by toennisforst on Wednesday November 02, 2016 @11:26PM
(#12861390)
You can: Assuming that Powerball simply collects all earnings and pays them to the winner (they don't and keep a share), simply regard your lottery ticket as your share and deposit the price you pay in your savings account.
You seem to deliberately ignoring the fact that Facebook is a publicly traded company.
You can't go up to the lottery winner and offer to buy part of their winning ticket. You can buy shares of Facebook today (in fact, at a nice discount currently).