The One and Almighty Powerball/Lotto Thread!

[DFWJC]

Obama should just give us all a late xmas present. Every person in America gets about 4.7 million bucks

I'm missing your math, Dex

 

[Tabascocat]

I'm missing your math, Dex

300 million people in USA, give or take. Pot around 1.2 billion divided by 300 mil = 4 something mill per person.

Just a bad math joke

 

[BigDFan5]

300 million people in USA, give or take. Pot around 1.2 billion divided by 300 mil = 4 something mill per person.

Just a bad math joke

it actually comes out to about 4 bucks each

 

[Tabascocat]

it actually comes out to about 4 bucks each

I know, like I said.....a bad math joke.

I keep hearing/seeing people saying it is 4 mill per person in various places. Rocket surgeons I tell ya

 

[big dog cowboy]

 

[kristie]

View attachment 43

 

[big dog cowboy]

 

[rynochop]

I've heard so many varying amounts on how much they take out in taxes if you take the lump sum. I always thought it was around 28 percent. But then I read some article from some financial guy that it's ultimately half of it when it's all said and done.
Was an interesting article, said don't even claim the prize until you can find a national law firm to hire and make decisions on what to do with it, setting up trusts for family, never just give money to a family member, so they don't become a Paris Hilton type. Also said not to hire a financial advisor, to stick with tax attorneys

 

[rynochop]

300 million people in USA, give or take. Pot around 1.2 billion divided by 300 mil = 4 something mill per person.

Just a bad math joke

Saw those memes on Facebook when it first came out by a couple people I know, I really hoped they were joking.ha

 

[Avery]

I had a nightmare last night where Justin Bieber was bored, paid $10k in tickets and won the powerball himself.

Another problem with the annuity that doesn't get talked about is inflation. Though it's growing tax-free, $35 million a year now may be equivalent to $20 million a year in 2040. Not exactly a bad problem to have, but something to keep in mind.

 

[DanteEXT]

I would easly share winning that much with several people.

If me, myself and I count as several people then I'd do the same.

 

[DanteEXT]

At this point being a single winner of that large amount of money.... I'd be a bit scared from a safety stand point for my daughter and I.

 

[pjtoadie]

At this point being a single winner of that large amount of money.... I'd be a bit scared from a safety stand point for my daughter and I.

Yeah I've been thinking that too. I would always be looking behind by back. That's an insane amount of money!

 

[Tabascocat]

At this point being a single winner of that large amount of money.... I'd be a bit scared from a safety stand point for my daughter and I.

I would just hire Chuck Norris to be my bodyguard!

 

[Avery]

At this point being a single winner of that large amount of money.... I'd be a bit scared from a safety stand point for my daughter and I.

Which is why you'd actually set it up as a trust; you could call it 'Dante Family Trust' or 'DF Trust' to help protect your name.

 

[darthseinfeld]

Clearly this means I should play.

https://lh3.***BROKEN***/-0Aj5idM0z1s/Vnvk2-y4e9I/AAAAAAAA9FM/iHZ9hGI47aw/s456/How%2Bto%2Bmake%2Bpopcorn.gif

Does that work?

 

[darthseinfeld]

Clearly this means I should play.

https://lh3.***BROKEN***/-0Aj5idM0z1s/Vnvk2-y4e9I/AAAAAAAA9FM/iHZ9hGI47aw/s456/How%2Bto%2Bmake%2Bpopcorn.gif

No, it doesnt....

 

[big dog cowboy]

 

[Tabascocat]

The winning ticket was bought about 10 miles from me here in SoCal

 

[kristie]

wouldn't be surprised if a billion dollar jackpot happens again.