Powerball jackpot up to $600 million
-
brutus161Apparently, they stop selling at at 10. Oh, well.
-
OSHPowerball website is overloaded right now. I cannot see the draw. So, if someone can post the numbers, that'd be great...
-
Tiger2003The winning numbers in the $600M drawing are 22, 10, 13, 14, 52 and Powerball 11.
-
GoPens4 bucks!! Whoo-hoo!
-
Trueblue23Winning ticket sold in Florida.
-
Laley23Only 1 winner, in Florida, with no state income tax. FUCK! Taking home over 300 Million lump sum after Federal Taxes.
-
Crimson streakI didn't have a single number lol wtf
-
ernest_t_bass
fucking christ, govt. takes almost half?Laley23;1445032 wrote:Only 1 winner, in Florida, with no state income tax. FUCK! Taking home over 300 Million lump sum after Federal Taxes. -
said_aouita
No state tax but FEMA has practically declared the entire state a flood zone. Big brother will get paid one way or the other.Laley23;1445032 wrote:Only 1 winner, in Florida, with no state income tax. FUCK! Taking home over 300 Million lump sum after Federal Taxes. -
dlazz
Lottery tickets are annuities. You can take the cash option, which is about 60% of the actual amount or take the annuity installments which actually pays out to $600m.ernest_t_bass;1445040 wrote:fucking christ, govt. takes almost half? -
IliketurtlesI won 12 bucks! woohoo! Made 2 dollars lol.
-
Mulva
It's taxed as ordinary income. I believe 25% is withheld federally, but they'll obviously be in the 39.6% bracket at the end of the day.ernest_t_bass;1445040 wrote:fucking christ, govt. takes almost half? -
Trueblue23
Which would you choose? Give me the lump sum, I doubt I see 30 anyways loldlazz;1445048 wrote:Lottery tickets are annuities. You can take the cash option, which is about 60% of the actual amount or take the annuity installments which actually pays out to $600m. -
tk421No way you ever take the annuities, taxes are going to only go up. 30 years from now taxes may be 60%. Get your money while you can.
-
gut
Yeah, higher rates plus inflation would make taking the payments a very bad decision.tk421;1445092 wrote:No way you ever take the annuities, taxes are going to only go up. 30 years from now taxes may be 60%. Get your money while you can.
Anyway, I haven't hit an actual powerball in a long time. I had 10 tickets, and the computer spit out the same powerball on 3 of them. How does that happen? -
gut
Imagine winning in CA and getting hit with an additional 13% state income tax. Hard to complain, but shelling out @ $40M of your winnings to the great sunshine state might sour one on income redistribution.Laley23;1445032 wrote:Only 1 winner, in Florida, with no state income tax.
I'm sure CA would get their money somehow, but it would be interesting if you moved and established residence somewhere with no state income tax before claiming your prize. -
GOONx19I don't know if it's true and don't want to do the math, but someone told me today that if the there was no tax deduction you could actually buy every number combination and end up making about seven hundred bucks.
-
Laley23
Im sure it is...but its a HUGE risk. You have to be the only winner. What if you split it...4-5 ways...GOONx19;1445128 wrote:I don't know if it's true and don't want to do the math, but someone told me today that if the there was no tax deduction you could actually buy every number combination and end up making about seven hundred bucks.
Also, if you have that much money to spare, fuck playing the lottery lol. -
dlazz
Lump sum. Invest 25%, spend 25%, family 25%, save 25%.Trueblue23;1445061 wrote:Which would you choose? Give me the lump sum, I doubt I see 30 anyways lol -
hang_looseI like your thinking dlazz..... Or I could own part of Hawaii. Ain't going to happen to me though....10 bucks ($) can't even buy me a pizza (+beer), I would have came out ahead just by just not playing the game. But if you're not in, you can't win.
Thanks for helping with hasbeen's dog. I've never met you or him (face to face) but its nice to know people will help you when they need it.
hang_loose! -
wildcats20Winner is an 84 year old woman from Florida.
-
tk421it's always some old person, waste of good money that is.
-
gut
And the latest is some kind lady let this sweet old women cut ahead of her in line.tk421;1453060 wrote:it's always some old person, waste of good money that is.
Not quite sure how it works, but I don't know that the lady would have actually gotten the winning ticket if she hadn't let her cut. At least, that's what I would have to convince myself of. Maybe that sweet old lady will throw her a few million. -
Ironman92
-
bigorangebuck22She'll probably leave her estate to her ******* cats.