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$75 million Powerball lottery jackpot claimed by N.C. prison guard

Topic closed. 20 replies. Last post 3 years ago by Franklassgirl30.
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bambini
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Posted: February 18, 2007, 10:45 am - IP Logged

I just read that after taxes, she will walk away with 24 million, that is a far cry from 75 million.
kandi44
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Posted: February 18, 2007, 3:35 pm - IP Logged

Raise The Roof 1 congrats to the alston family the window of heaven has open
justxploring
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Posted: February 18, 2007, 3:48 pm - IP Logged

True, bambini.  The jackpots are always shown as the annuity amount that is guaranteed after 30 years.  Taxes in NC are high (7 or 8%) so I estimated closer to $21M, but initially most lotteries take out anywhere from 25-28% and then the winner is responsible for any additional Federal income tax depending upon deductions.

However, I'd take that "far cry" any day.  I will jump up and down for joy if I ever end up taking home 1/10 of $24M.   As a single Mom, I am sure she's not complaining. 

ambelamba
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Posted: February 18, 2007, 7:37 pm - IP Logged

True, bambini.  The jackpots are always shown as the annuity amount that is guaranteed after 30 years.  Taxes in NC are high (7 or 8%) so I estimated closer to $21M, but initially most lotteries take out anywhere from 25-28% and then the winner is responsible for any additional Federal income tax depending upon deductions.

However, I'd take that "far cry" any day.  I will jump up and down for joy if I ever end up taking home 1/10 of $24M.   As a single Mom, I am sure she's not complaining. 

Yeah...She definitely looks tough as nail.
Kylottoplayer

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Posted: February 19, 2007, 10:51 am - IP Logged

Now Jackie should drive back to VA again and play Mega Millions $150 Million jackpot for tomorrow night!
Franklassgirl30
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North Carolina
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July 10, 2006
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Posted: February 19, 2007, 4:28 pm - IP Logged

Congrats Jackie!!!!Party

U have put North Carolina on the map big time.Sun Smiley

 

Can't wait till it's my turn.Wink
 
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