You last visited May 22, 2013, 3:27 pm All times shown are Eastern Time (GMT-5:00) | Fla. man wins $35M lottery jackpot with computer softwareCharlotte NC United States Member #17704 June 18, 2005 4010 Posts Offline | | Posted: July 20, 2011, 1:12 pm - IP Logged | |
Congrats to the winner, enjoy. Congratulations to him. 15 million dollars went in taxes. That can pay a lot of teachers salaries but they won't see it. | | |
mid-Ohio United States Member #9 March 24, 2001 15951 Posts Offline | | Posted: July 20, 2011, 2:34 pm - IP Logged | |
Congratulations to him. 15 million dollars went in taxes. That can pay a lot of teachers salaries but they won't see it. Why should they? Most of the taxes he paid was federal taxes and teacher pay is a local issue. * The fundamentals of winning a lottery jackpot * * play a lottery you can win *
| | |
Nashville, TN United States Member #86763 February 9, 2010 467 Posts Offline | | Posted: July 20, 2011, 3:13 pm - IP Logged | |
tend to agree but, couple details,"something happened" hope it was important enough to think about for 13 years,maybe he does'nt want to say what it is,and that is certainly his private business. nother thing is, $7 mil. was worth much more 13 yrs ago than today,i bought a new truck in 96, $20,600.00 today that very same truck lists for $39,300.00 . i don't know how they adjust for inflation,not that smart.but here's the most important thing,i'm guessing you're fairly young,as you get older the "time factor" becomes more important. i'm positive that i would rather have 7mil. today than to have 20mil when i'm 66. This is very true, however, the question is would he have invested that 7 million wisely enough to get the true value out of it?It would have had to triple in value to match what he made this year.Not to mention he probably would have only walked away with about 4 million (if that) after taxes. | | |
egg harbor twp.south jersey shore United States Member #112990 June 29, 2011 2504 Posts Online | | Posted: July 20, 2011, 3:55 pm - IP Logged | |
This is very true, however, the question is would he have invested that 7 million wisely enough to get the true value out of it?It would have had to triple in value to match what he made this year.Not to mention he probably would have only walked away with about 4 million (if that) after taxes. yea, i'll go along w/ that,but for me personally i want to quit my job so badly, that i compare how much i will make between now and retirement age and how much the JP is, that is to say the clear from the JP abt. 1/3 of adv. so for me it's simple, expected earnings plus 4 mil. or so would be enough.then you break it up, savings, investing, fun etc. but,maybe diff. for him if he was happy at his job.what you're saying makes perfect financial sense but, it makes me want to ask him this question. Q.do you prefer today's win or would rather wait 5 more years and win 50 mil. when you'll be 71 yrs old ? Extraordinary Popular Delusions & the Madness of Crowds -- Charles Mackay LL.D. | | |
United States Member #12932 March 20, 2005 17 Posts Offline | | Posted: July 20, 2011, 7:30 pm - IP Logged | |
Congrat to Mr Hemphill! ...been using the same software for years. The most I've won is $40, maybe Im doing some thing wrong. | | |
PA United States Member #66644 October 16, 2008 1280 Posts Offline | | Posted: July 20, 2011, 7:37 pm - IP Logged | |
I used the Pa Lottery's Computer to pick my numbers for tonite ....................... tonite might be the nite !!!!!!!! 
| | |
Ridge Runner - Oracle of the Appalachians Way back up in them dadgum hills, son! United States Member #74415 April 28, 2009 12433 Posts Offline | | Posted: July 20, 2011, 7:46 pm - IP Logged | |
Congrat to Mr Hemphill! ...been using the same software for years. The most I've won is $40, maybe Im doing some thing wrong. Try a Quick Pick. That's what wins the most Jackpots. Incoming! 
I'll never forget old whats-his-name... | | |
mid-Ohio United States Member #9 March 24, 2001 15951 Posts Offline | | Posted: July 20, 2011, 7:50 pm - IP Logged | |
Congrat to Mr Hemphill! ...been using the same software for years. The most I've won is $40, maybe Im doing some thing wrong. Have you ever reviewed how you used it and thought about what you could have done differently that would have gotten better results? Players using the same software seldom get the same results because they seldom use it the same way. Most lottery software give you a bunch of data and tools to use, it up to you how they are used. * The fundamentals of winning a lottery jackpot * * play a lottery you can win *
| | |
Ridge Runner - Oracle of the Appalachians Way back up in them dadgum hills, son! United States Member #74415 April 28, 2009 12433 Posts Offline | | Posted: July 20, 2011, 8:07 pm - IP Logged | |
I used the Pa Lottery's Computer to pick my numbers for tonite ....................... tonite might be the nite !!!!!!!! 
Don't forget Lottery Post's Quick Picks, dpoly. I've been lucky with them. Good luck to you tonight! I'll never forget old whats-his-name... | | |
egg harbor twp.south jersey shore United States Member #112990 June 29, 2011 2504 Posts Online | | Posted: July 20, 2011, 9:24 pm - IP Logged | |
Try a Quick Pick. That's what wins the most Jackpots. Incoming! 
recently switched to QP for my pick 6 was playing b/day nos. looked back at the last 6 or 8 winners only to find they had 2-3 nos. higher than 31 Extraordinary Popular Delusions & the Madness of Crowds -- Charles Mackay LL.D. | | |
Housekeeper MICHIGAN United States Member #82269 October 28, 2009 13125 Posts Offline | | Posted: July 21, 2011, 7:20 am - IP Logged | |
Don't forget Lottery Post's Quick Picks, dpoly. I've been lucky with them. Good luck to you tonight! Ditto. | | |
South Carolina United States Member #6 November 4, 2001 8387 Posts Online | | Posted: July 21, 2011, 7:47 am - IP Logged | |
Don't forget Lottery Post's Quick Picks, dpoly. I've been lucky with them. Good luck to you tonight! Must be the computerized programming that make those quick picks lucky. Stats hunting:  | | |
Zeta Reticuli Star System United States Member #30849 January 17, 2006 7993 Posts Offline | | Posted: July 21, 2011, 10:53 am - IP Logged | |
Regardless of the means of number selection, whether it's a personal visit from the Lottery Faerie, birthdays, a QP, a dream, or a message from Montana Wildhack on Tralfamdore, or whatever, whenever the nuymbers played are the numbers drawn it is nothing but pure luck. Human nature teaches us that the bigger a person's ego is the less likely they are to admit that. [/story] 
When all states allow winners to remain anonymous some clod will want a press conference. | | |
Ridge Runner - Oracle of the Appalachians Way back up in them dadgum hills, son! United States Member #74415 April 28, 2009 12433 Posts Offline | | Posted: July 21, 2011, 11:02 am - IP Logged | |
Must be the computerized programming that make those quick picks lucky. Ya got me, JAP69!
Actually, I take comfort knowing that my Quick Picks are not coming from the Lottery's mainframe because I know The Dragon Lady watches my every move and immediately puts the entire commission on alert everytime I come down from the mountain. Even the Patels are mobilized. Then she has every Quick Pick line I get precluded from the possibility of winning. She's very crafty, that one. That's why I sometimes have to dress up like a nun when I go to the store. I know a very large nun with a very long beard doesn't seem plausible but it's enough to throw them off their game just long enough for me to get my tickets and vanish back into the woods before they know what hit them. I'll never forget old whats-his-name... | | |
NY United States Member #24178 October 16, 2005 2535 Posts Offline | | Posted: July 21, 2011, 12:42 pm - IP Logged | |
This is very true, however, the question is would he have invested that 7 million wisely enough to get the true value out of it?It would have had to triple in value to match what he made this year.Not to mention he probably would have only walked away with about 4 million (if that) after taxes. Why would it need to have tripled? There's a lot more value to money than the simple value of the money. Obviously the $20 million net will let his lifetsyle from here on be "better" than what he could have done with a $4 million net, but what has he been doing for the past 16 years? Even if he had cleared a trillion dollars he can't buy back that 16 years. A safe and conservative investment in '95 could have given him an annual income of at least 150k before rolling out of bed in the morning. Instead of working for most of the last 16 years and spending part of that time bankrupt, he could have already been retired and living comfortably. A big fat lottery prize in your 60's is certainly a great thing, but I'd place far more value on a prize that offers a comfortable lifetime income at a much earlier age. | | |
|