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Eastern Time (GMT-5:00) | $500 MILLION: Mega Millions sets all-time lottery jackpot recordWindermere, FL/Franklin, TN United States Member #50670 March 1, 2007 488 Posts Offline | | Posted: March 28, 2012, 11:05 am - IP Logged | |
A wire transfer of at least $255,750,000 if there is a single winner in Pennsylvania! And no State or Local Taxes! If you pay the full 35% Federal Tax, you would pay $119,350,000! If you don't think that is enough Federal Tax, then you are either childish or a Socialist .......... 1 Ticket, 1 Person ..............  I want to go "Green" $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ Willing to bet that the current administration as well as the OWS demonstrators wouldn't be content unless the winner was taxed at 99% Their logic is that you should be just fine with 2.5 million. | | |
Kentucky United States Member #35485 March 12, 2006 7606 Posts Offline | | Posted: March 28, 2012, 11:08 am - IP Logged | |
Well written article as always Todd I especially liked the part about getting hit by lightning while being eat by a shark at the same time  That will be a Classic right there  | | |
Windermere, FL/Franklin, TN United States Member #50670 March 1, 2007 488 Posts Offline | | Posted: March 28, 2012, 11:11 am - IP Logged | |
Wow, I really don't think anyone can say with absolute certainty. Perhaps use some of the old strategies to improve your odds. - "Keep your mouth shut!" Probably not a good idea to tell anyone in the circle of family and friends, use extreme discression before telling the spouse.
- Claim by Revocable Living Trust if possible. The Trustee's name will be printed (Your Trust Attorney) but if they are good at what they do, they should be a nice brick wall for your identity. Cut them a fat Christmas bonus if you continue to remain anonymous by year's end.
- Don't be too hasty to quit the day job. If you want to, do it quietly by submitting at least a 2 weeks notice or whatever company policy requires.
- Don't immediately run out and buy an Aston Martin or a multi-million dollar mansion on the golf course. Start up your own business invest in some stocks and then gradually ease your way into luxury.
 Good advice! but unfortunately the temptation may be too hard for most. It wouldn't surprise me to hear about the winner showing up the following Monday to claim their prize...with entourage in tow.
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Dutchess , NY United States Member #121976 January 21, 2012 1358 Posts Offline | | Posted: March 28, 2012, 11:12 am - IP Logged | |
I'd like to hear the results from the peeps that spent 500/1000 on this. Curious what the return rate was and if they'll do it again. It could roll again. Next nums could be 1 2 3 4 5--6.  and make your last check bounce.
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EAST COAST, USA United States Member #49886 January 31, 2007 540 Posts Offline | | Posted: March 28, 2012, 11:17 am - IP Logged | |
Well written article as always Todd I especially liked the part about getting hit by lightning while being eat by a shark at the same time That will be a Classic right there
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PA United States Member #66644 October 16, 2008 1280 Posts Offline | | Posted: March 28, 2012, 11:18 am - IP Logged | |
Willing to bet that the current administration as well as the OWS demonstrators wouldn't be content unless the winner was taxed at 99% Their logic is that you should be just fine with 2.5 million. One definition of insanity is that you keep trying the same thing expecting different results .......... FDR tried the 90% tax rate as well as confiscating reserve capital ("hoarded cash") in 1937 and we were rewarded with a depression within a depression! (please, if anyone doesn't believe me, disprove this on your own)! The estimated $85,250,000 25% witholding is plenty for the Crooks in the Federal Government as far as I am concerned. I will mitigate the remaining 10% tax obligation! dpoly1 - Playing the lottery to save the jobs of those that build, transport, sell & maintain luxury items! - Eschew Poverty ........... Vote Conservative! | | |
TX United States Member #121208 January 4, 2012 786 Posts Offline | | Posted: March 28, 2012, 11:20 am - IP Logged | |
If I lived in New Joisey and paid the 10.8 state income tax on top of the feds cut, you could subtract another $36.83 million.......ouch.... Jackpots...Just Average Citizens Keeping Possibilities Open Towards Security | | |
Windermere, FL/Franklin, TN United States Member #50670 March 1, 2007 488 Posts Offline | | Posted: March 28, 2012, 11:23 am - IP Logged | |
That sucks pick. Down here in Texas it has become more common place for our lottery winners to claim by Trust, especially after that one gentleman from the Houston area got harrassed relentlessly by charities and other folks after his win. Sadly he could not deal with the pressure from that and other problems and ended up commiting suicide some years back. Very sad! Saw a show on TLC where a big jackpot winner was continually being harassed with notes all over his truck and endless amounts of mail then there's Brad Duke who had people camping out on his front yard To keep your sanity at least relocate to an ultra private neighborhood (we have a few here in the Orlando area) where you can blend in with your neighbors. | | |
Little Rock, AR United States Member #68865 December 19, 2008 228 Posts Offline | | Posted: March 28, 2012, 11:23 am - IP Logged | |
Do we really have to bring politics into this? No point in starting an argument. | | |
PA United States Member #66644 October 16, 2008 1280 Posts Offline | | Posted: March 28, 2012, 11:24 am - IP Logged | |
Good advice! but unfortunately the temptation may be too hard for most. It wouldn't surprise me to hear about the winner showing up the following Monday to claim their prize...with entourage in tow. Not many people hang out with me now ................ so, I will show up by myself ............ my wife will be at work, so as to remain as quiet as possible until the posh "hiding place" is secure! dpoly1 - Playing the lottery to save the jobs of those that build, transport, sell & maintain luxury items! - Eschew Poverty ........... Vote Conservative! | | |
Indiana United States Member #122879 February 9, 2012 310 Posts Offline | | Posted: March 28, 2012, 11:29 am - IP Logged | |
Good thing I get paid on Friday, so I can spend a little more here. When I went to two stores to buy tickets yesterday, there were no lines. I'll be surprised if it's not the complete opposite on Friday. I live in southern Indiana and I've never seen a line of ppl getting lottery tickets.. but.. i cant imagine what this jackpot is gonna do!!! I wish I may, I wish I might...
Win the Powerball jackpot Saturday night!!! | | |
TX United States Member #121208 January 4, 2012 786 Posts Offline | | Posted: March 28, 2012, 11:31 am - IP Logged | |
Not many people hang out with me now ................ so, I will show up by myself ............ my wife will be at work, so as to remain as quiet as possible until the posh "hiding place" is secure! Well once they have your name and city of residence...all they do is hit the good ole "Zabasearch" and watch the critters come out of the woods with cameras. Writers will do driving & background searches...its going to be a pain for awhile.....Will already be moved when I go claim/mail will be on hold for 30 days.... Jackpots...Just Average Citizens Keeping Possibilities Open Towards Security | | |
Indiana United States Member #122879 February 9, 2012 310 Posts Offline | | Posted: March 28, 2012, 11:33 am - IP Logged | |
Great, another 30 pages of "When I win Friday" posts on the way. So for all of those who claimed that they were going to win last night you actually meant "Friday" right? I would not mind winning the $12 million jackpot after the record breaking one, then I would be completely invisible. I hope I just win one of them.  Ur exactly right sirbrad... i had meant to say Friday!! sorry for the typo ;-) and i as well would gladly accept any of the jackpots... its just fun to get in on the hype!!! I wish I may, I wish I might...
Win the Powerball jackpot Saturday night!!! | | |
Windermere, FL/Franklin, TN United States Member #50670 March 1, 2007 488 Posts Offline | | Posted: March 28, 2012, 11:34 am - IP Logged | |
top speed: 202 MPH Kumo and mcginni56: I can out run them in this one ................ ....... and how did you know that I have some estranged in-laws that have not spoken to us in several years ............ this is them pounding salt after I win  Laughs are good for the soul .................... Will yinz (Picksburghese for "you") be friend or fiend, if I should win by myself ( with close supervision from the CEO) dpoly- what about the Veyron? If you were the sole winner, I doubt you would flinch at the $2 million+ price tag or the fact that tires and wheel which have to be replaced as a set run about 60k. | | |
Little Rock, AR United States Member #68865 December 19, 2008 228 Posts Offline | | Posted: March 28, 2012, 11:34 am - IP Logged | |
Not many people hang out with me now ................ so, I will show up by myself ............ my wife will be at work, so as to remain as quiet as possible until the posh "hiding place" is secure! I'm sure you will have lots of people to hang out with if you win. | | |
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