$540 MILLION: Mega Millions buying frenzy sparks another jackpot increase

Mar 29, 2012, 1:26 pm (387 comments)

Mega Millions

By Todd Northrop

The United States — perhaps the world — has never witnessed a lottery-buying frenzy like we are seeing this week.

Mega Millions tickets are being bought at such a rapid pace that the state lotteries in the Mega Millions consortium have raised the jackpot estimate for the second time in as many days.

Early Wednesday morning, just after 1:00 am Eastern Time, USA Mega announced the new record Mega Millions jackpot of $476 million after nobody won in the Tuesday evening drawing.

Less than 12 hours later, with lottery tickets already being pumped out at a pace greater than expected, the jackpot estimate was raised to $500 million.

Now, just 24 hours later, the jackpot estimate for Friday's Mega Millions drawing has been raised to $540 million, with a lump-sum cash option of $389.8 million.

That's an increase of $177 million from the Tuesday jackpot of $363 million.  And yet, the jackpot will probably be even higher by the time the drawing occurs at 11:00 pm Eastern Time (8:00 pm Pacific Time) tomorrow night.

Surely, tickets are being sold at such a rapid pace that the vast majority of all possible number combinations are being covered — multiple times for many combinations — but one still has to ask:  what if just one person wins about $400 million in cash?  It's hard for most people to even picture a number that large, let alone manage that much cash.

Perhaps more interesting to imagine is, what if nobody wins Friday?

Lottery players seeking to check the winning numbers Friday night are urged to use USA Mega (www.usamega.com).  State lottery Web sites are normally brought to a standstill during busy periods, while USA Mega normally remains responsive.

Mega Millions drawing results will be posted immediately after the 11:00 pm drawing at USA Mega. The number of winners and new jackpot will be announced after all participating Mega Millions states have reported their data, which normally occurs within a couple of hours after the drawing.

Tickets will remain on sale typically until 10:45 pm Eastern Time on Friday, although players should check with a lottery retailer in their state for the exact sales cutoff time. Players are advised not to wait until the last minute.

The odds of winning the jackpot are approximately 1 in 176 million. The odds of winning any of the Mega Millions prizes are approximately 1 in 40.

Lottery players can see an after-tax analysis of the current Mega Millions jackpot by visiting USA Mega's Jackpot Analysis page.

Mega Millions features nine different prize levels, ranging from $2 all the way up to the jackpot. Players can win even if they just match one number — the Mega Ball number.

Most states also offer the Megaplier option for an extra dollar per ticket purchased. The Megaplier multiplies any non-jackpot prizes won by 2, 3, or 4 times, depending on the Megaplier number drawn that evening.

Players who purchase the Megaplier and win second prize will automatically have their prize increased by 4x to $1 million.

Lottery Post Staff

Comments

rad242

Hand me my Ventolin!!!

Masone

But, the other thread Frown


540 million...wow, that will be crazy if there is just 1 winner.

dpoly1's avatardpoly1

Quote: Originally posted by rad242 on Mar 29, 2012

Hand me my Ventolin!!!

I just used my Ventolin and Atrovent!!

Woo Hoo ............ Dance

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

$292,500,000  Sun Smiley in the bank!

s5thomps's avatars5thomps

Quote: Originally posted by Masone on Mar 29, 2012

But, the other thread Frown


540 million...wow, that will be crazy if there is just 1 winner.

              540 MILLION......may bust 600 million by the time of the drawing!

                        Thank You everyone for contibuting to my Pain free retirement!

                                                                               Party

Arrowhead's avatarArrowhead

Insanity----

The Ohio annuity after-tax payment is $14,330,769 (26 payments)

I'm taking the annuity. Yes Nod

mcginnin56

Keep this loaded lotto freight train racing down that mountain pass, nix the brakes, put that petal to the metal with a heavy tail wind.   Yes Nod

DiamondErica421

In N.Carolina the anniuty after taxes is: $14,123,077 per year. I'm leaning towards the annuity payments.

Eagles215

Just spent ten dollars at ten different locations and am not done shopping yet. Party

mcginnin56

Quote: Originally posted by Eagles215 on Mar 29, 2012

Just spent ten dollars at ten different locations and am not done shopping yet. Party

Good stradagy Eagles, hope that works out for you!

ashabug725's avatarashabug725

14,870,769/yr annuity here!!

RedStang's avatarRedStang

Black friday starts early.

tbraddock

I bet Todd is getting tired of making changes to the web sites.

WWWBUKTN

Although it's supposed to be better to take the money as one lump sum I would have a hard time passing up the annuity as that's like winning the lotto every single year, makes you all but bulletproof for life and then you can get a feel for money and if you decide to take some risks you have an out come the next check. 

I bought two tickets today, my normal numbers and a quick pick and I'm going to buy seven more tickets before tomorrow all being quick picks only one play per ticket. 


I hope it rolls over as it would threaten one billion dollars two rolls from now.   Glad to see Powerball taking one to the chops!

ashabug725's avatarashabug725

Quote: Originally posted by tbraddock on Mar 29, 2012

I bet Todd is getting tired of making changes to the web sites.

I Agree!

but at least he's getting recognition for his amazing work!!

Eagles215

Quote: Originally posted by mcginnin56 on Mar 29, 2012

Good stradagy Eagles, hope that works out for you!

I hope so to driving to NJ tomorrow to buy a FEW lol.

Arrowhead's avatarArrowhead

Quote: Originally posted by mcginnin56 on Mar 29, 2012

Good stradagy Eagles, hope that works out for you!

Just curious, why do you think buying at different locations is a good strategy?

golfer1960's avatargolfer1960

2011 Cadillac CTS Luxury - $32,495  Hyper

I just like it! Nothing imported or super expensive but I'd buy one!

cgraphix1's avatarcgraphix1

MINE! I CALL DIBS!

Eagles215

Quote: Originally posted by Arrowhead on Mar 29, 2012

Just curious, why do you think buying at different locations is a good strategy?

Well, I believe different locations play different set of numbers..( Just my way of thinking)

Arrowhead's avatarArrowhead

Quote: Originally posted by golfer1960 on Mar 29, 2012

2011 Cadillac CTS Luxury - $32,495  Hyper

I just like it! Nothing imported or super expensive but I'd buy one!

Completely agree. Chrysler 300 with all the options would be just fine as well.

Masone

I'm just in love with luxury cars. I'd probably get 3 initially, and buy a new one every year(selling the previous of course).

dpoly1's avatardpoly1

I will claim the jackpot in my name & then form the RLT so that it is not broadcast in the media ........

Cheers

I made the play last nite ...................

WWWBUKTN

They were showing Nevada border towns on the news as people were forming huge lines crossing the boarder into California border towns to buy Mega Millions tickets. 

I really hope this rolls over, I just want to see how out of hand the next jackpot would be.

Arrowhead's avatarArrowhead

Quote: Originally posted by Eagles215 on Mar 29, 2012

Well, I believe different locations play different set of numbers..( Just my way of thinking)

OK, just wondering. Bought 20 tickets in three diff. spots...not making 20 diff. stops, too much effort there for me. Big Grin

DiamondErica421

Quote: Originally posted by golfer1960 on Mar 29, 2012

2011 Cadillac CTS Luxury - $32,495  Hyper

I just like it! Nothing imported or super expensive but I'd buy one!

Nice pick! If I iwn I'm going for a fully equipped Lincoln MKZ

maximumfun's avatarmaximumfun

What fun what fun DancePartyDance

mcginnin56

Quote: Originally posted by Arrowhead on Mar 29, 2012

Just curious, why do you think buying at different locations is a good strategy?

As good as any other, basically it's all just a big crap shoot, this is the lottery! Winner could be first time player on 1 QP, or someone who

has been playing 40 years who spent his last $5000 on this Friday's drawing. Hence my "good" strategy comment was meant as more of

a generic "atta boy" wish him luck gesture.  Wink

smooth11484's avatarsmooth11484

Quote: Originally posted by Arrowhead on Mar 29, 2012

Insanity----

The Ohio annuity after-tax payment is $14,330,769 (26 payments)

I'm taking the annuity. Yes Nod

na my guy i need all my chips now thats more than half of what the sports, rappers, and the  wealthy have ill take me chips pronto

RedStang's avatarRedStang

Quote: Originally posted by WWWBUKTN on Mar 29, 2012

They were showing Nevada border towns on the news as people were forming huge lines crossing the boarder into California border towns to buy Mega Millions tickets. 

I really hope this rolls over, I just want to see how out of hand the next jackpot would be.

So those lotto lines i'm seeing on CNN are most likely for this draw and not 10yrs ago. Thats sick.

smooth11484's avatarsmooth11484

Quote: Originally posted by DiamondErica421 on Mar 29, 2012

Nice pick! If I iwn I'm going for a fully equipped Lincoln MKZ

i need a foreign car. AMERICAN MADE are boring cars.

Piaceri

Quote: Originally posted by maximumfun on Mar 29, 2012

What fun what fun DancePartyDance

White Bounce  yep yep yep!

Jill34786's avatarJill34786

Quote: Originally posted by Arrowhead on Mar 29, 2012

Insanity----

The Ohio annuity after-tax payment is $14,330,769 (26 payments)

I'm taking the annuity. Yes Nod

$14,330,769 is a nice after tax annuity but next year the top tier tax rate goes up (unless Congress extends the Bush tax cuts once again).

You will have no certainty from future Fed tax rate increase. If the top Federal rate goes to 70% (it's been higher in past years) then your payment dwindles down to $4,984,615 and that's assuming the Ohio state tax rate stays at 6%.

The cash value after tax in Ohio is $292,500,000 . If it earned a measly 2% in perhaps a Municipal tax free bond then you would net 5,850,000 each year without ever touching the principal.

While someone taking the annuity would be collecting their last payment 26 years from now, the person who opted for the cash would have already been paid over $152,100,000 tax free while still having the original $292,500,000 left in their account.

Not trying to persuade your mind but just wanted to give you a different perspectiveSmile

golfer1960's avatargolfer1960

Only $1.395M in Rumson, NJ (only is sarcastic)

5bd/5ba, 3,490 sq ft. Built in 2011

I'll put in an offer in a month when my MM check clears.  Banana

gocart1's avatargocart1

God most be pretty busy with all the prayers that are being said....PartyUS FlagParty

smooth11484's avatarsmooth11484

ii willllll be sicccccck to my stomach if one person wins

VenomV12

Personally if you win you should go out and buy a crappier car than what you have. Throw the scent off. lol

I would go pick up a 93 Chryler Voyager with 100,000 miles on it.

fwlawrence's avatarfwlawrence

Quote: Originally posted by smooth11484 on Mar 29, 2012

ii willllll be sicccccck to my stomach if one person wins

Even if you win?

golfer1960's avatargolfer1960

Quote: Originally posted by VenomV12 on Mar 29, 2012

Personally if you win you should go out and buy a crappier car than what you have. Throw the scent off. lol

I would go pick up a 93 Chryler Voyager with 100,000 miles on it.

Great idea Venom! Very creative!

DisplacedLurker

Wow, this is just madness! But this has been so exciting to watch too. Big Grin I have to admit, I think it would be startling if it rolled over again. 

I hear a lot of people are considering the annuity now, and I don't see why not. It really would be like winning the lottery for a couple decades! Maybe I'm just young (19, lol), but the fear of a governmental melt down to threaten any annuity set by the lottery (government bonds) seems a bit conspiracy theorist like. If the government was in such a shape that there is hyper inflation AND the government stops sending out the guaranteed payments, I think we would noticeably be in far greater trouble financially as a whole country. 

Of course, you'd also have to worry about increases in taxes. That's another thing you'd be betting with the annuity, but even that I think could be manageable if you were deadset on getting it. 

I think the only thing that would make me ere on the side of caution and take the lump sum is that it's paid over 26 years. That's both a blessing and a curse. The blessing is obvious, but the curse is- what if you die before the annuity finishes distributing to you? I hear that your family after your death would have to pay taxes on the ENTIRE amount of the winning, even though your estate hasn't received the entire thing (which would be paid to you heirs as well). That, to me, is a huge deterrent of the annuity option. I wouldn't want to put that burden on my family. You are more likely, I'm sure, to die tomorrow in a car accident than in fear the government is going to scale back on your annuity, just saying. 

Although, if someone can tell me otherwise about the above, that would be great! I'm still learning about all this.

I suppose another deterrent would be your investment opportunity. I've read a comparison where if you were to invest the lump sum option versus the annuity every year you receive it, you still receive more return on the lump sum. But not everyone is interested in investing, of course, but it would be wise to grow your money and give it to the next generation. Smile 

Any more detailed information on this though would be greatly appreciated! I admit, I'm a novice. Embarassed Still undecided about the annuity versus lump sum option, but at this point, I think many of us would be happy with either.

fwlawrence's avatarfwlawrence

If I win I will get a t-shirt that says "I am the 1%".

Jill34786's avatarJill34786

Quote: Originally posted by Eagles215 on Mar 29, 2012

Well, I believe different locations play different set of numbers..( Just my way of thinking)

Don't all locations play different numbers?

smooth11484's avatarsmooth11484

Quote: Originally posted by fwlawrence on Mar 29, 2012

Even if you win?

yeAH becuz i wuld b soooooooooooooooooooo

happy

haymaker's avatarhaymaker

Quote: Originally posted by Eagles215 on Mar 29, 2012

I hope so to driving to NJ tomorrow to buy a FEW lol.

does'nt matter which bridge you use, no toll coming  in, however,

you have to pay to get out.

rad242

Quote: Originally posted by smooth11484 on Mar 29, 2012

ii willllll be sicccccck to my stomach if one person wins

I will be royally pissed off if a first time player off one QP wins it!

 

Though Lady Luck is an Equal Opportunity Wish Granter

rock_nc's avatarrock_nc

I don't get on here much,maybe just to read post. But this Jackpot has caught my attention. The man who has won the lottery 7 times,Richard Lustig,had some tips on winning the lottery. So I printed them out and going to try out these tips. I have picked out some numbers,three tickets of my picks and going to buy 3 tickets of quick picks. Thirty dollars worth. He said it don't matter how many tickets you buy,the odd's stay's the same. He also said Luck has nothing to do with it too. Heard on the news that all the number combinations are also filling up. There probably will be more than one winners this time. I just hope I will be one of them,just a little is all I need to live the life of Riley....but of course,if I am the one who wins it all,Just have to keep a low profile first,then get all my Ducks in a row,before I make the announcement,I'm the winner of the largest Jackpot in America's History.

Jill34786's avatarJill34786

Quote: Originally posted by dpoly1 on Mar 29, 2012

I will claim the jackpot in my name & then form the RLT so that it is not broadcast in the media ........

Cheers

I made the play last nite ...................

You can also make a claim under an LLC and disolve it after you have opened several others. You should never claim under your real name for the sake of your family.

haymaker's avatarhaymaker

Quote: Originally posted by golfer1960 on Mar 29, 2012

Only $1.395M in Rumson, NJ (only is sarcastic)

5bd/5ba, 3,490 sq ft. Built in 2011

I'll put in an offer in a month when my MM check clears.  Banana

set that house down in Egg Harbor twp. and its worth about $400,000

fwlawrence's avatarfwlawrence

There will most likely be another increase of at least 50 million tomorrow. Less than a hour after I bought my ticket that said 476 million, they increased the jackpot to 500 million.

smooth11484's avatarsmooth11484

Quote: Originally posted by Jill34786 on Mar 29, 2012

You can also make a claim under an LLC and disolve it after you have opened several others. You should never claim under your real name for the sake of your family.

ill give the media my great great great grandfathers name

smooth11484's avatarsmooth11484

Quote: Originally posted by rock_nc on Mar 29, 2012

I don't get on here much,maybe just to read post. But this Jackpot has caught my attention. The man who has won the lottery 7 times,Richard Lustig,had some tips on winning the lottery. So I printed them out and going to try out these tips. I have picked out some numbers,three tickets of my picks and going to buy 3 tickets of quick picks. Thirty dollars worth. He said it don't matter how many tickets you buy,the odd's stay's the same. He also said Luck has nothing to do with it too. Heard on the news that all the number combinations are also filling up. There probably will be more than one winners this time. I just hope I will be one of them,just a little is all I need to live the life of Riley....but of course,if I am the one who wins it all,Just have to keep a low profile first,then get all my Ducks in a row,before I make the announcement,I'm the winner of the largest Jackpot in America's History.

im picking ages of my immediate family

searching4luck

I would like to hear some names of trusts that you have considered ..of course not revealing any that you would use.

 

I really think that the people who win this will not be able to keep their mouths shut. Look at the Rainbow Sherbet Woman. She formed a trust..and then had to let people know she won.

DisplacedLurker

Quote: Originally posted by Jill34786 on Mar 29, 2012

$14,330,769 is a nice after tax annuity but next year the top tier tax rate goes up (unless Congress extends the Bush tax cuts once again).

You will have no certainty from future Fed tax rate increase. If the top Federal rate goes to 70% (it's been higher in past years) then your payment dwindles down to $4,984,615 and that's assuming the Ohio state tax rate stays at 6%.

The cash value after tax in Ohio is $292,500,000 . If it earned a measly 2% in perhaps a Municipal tax free bond then you would net 5,850,000 each year without ever touching the principal.

While someone taking the annuity would be collecting their last payment 26 years from now, the person who opted for the cash would have already been paid over $152,100,000 tax free while still having the original $292,500,000 left in their account.

Not trying to persuade your mind but just wanted to give you a different perspectiveSmile

These different perspectives are invaluable, Jill34786 (isn't your number the zipcode for Windermere? Big Grin)! Truly and utterly. These are the kind of posts I love reading, and it's great to have people who have and still work in finances to give these kinds of responses. I think I'll still lean toward the lump sum option then. Thanks so much for this info!

You also mentioned that there are communities within Orlando that are barred against the media. For Windermere, would that be near the Butler Chain of Lakes' communities? Maybe Bay Hill? I'm curious if there are other communities like that, maybe in Heathrow and Lake Nona that offer the same kind of protection? I'd think Winter Park would be too open and unguarded to offer that. Would Montverde would that too? Near Lake Apopka. What about Celebration and its ties to Disney? That and I'm sure the luxury communities on the beaches are a given, no matter what part of Florida you live in.

petergrfn

Sorry If I make some people sick but if I win the Jackpot write me your name and address and I will gladly buy you a bottle of Pepto!  The only thing that will make me angry if one of these Celebs I have been seeing out in Hollywood that are buying tickets wins.....Mad   I hate it when someone who already has Millions wins....give us regular working stiffs a chance to get out from under!!

For those of you thinking of taking annuity you are forgetting about the other tax INFLATION in 20 years will $14 million be what it is today?  NO.

dallascowboyfan's avatardallascowboyfan

$540 Million sounds good to me!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!White Bounce

dpoly1's avatardpoly1

Quote: Originally posted by smooth11484 on Mar 29, 2012

ii willllll be sicccccck to my stomach if one person wins

1 Ticket ........... 1 Person

US Flag

HiFi's avatarHiFi

the jackpot is so high that you could buy all 175 million combinations and even if another person including yourself won, you would still come out ahead.  i dont think it would be possible to do in reality, to print up 175 million tickets before friday.  im hoping only one person wins though, its a better story that way.

VenomV12

I am hoping to win the Powerball and not the MegaMillions because right now absolutely no one will remember or care who you are and quite frankly I don't want or need this much money and all the crap that is going to go along with it. Forever whenver the jackpot gets large in the lottery your name will always be brought up as the winner of the biggest lottery in the history of America, maybe the world.

searching4luck

Quote: Originally posted by HiFi on Mar 29, 2012

the jackpot is so high that you could buy all 175 million combinations and even if another person including yourself won, you would still come out ahead.  i dont think it would be possible to do in reality, to print up 175 million tickets before friday.  im hoping only one person wins though, its a better story that way.

I could envision a The Don of a family working this out. All you need to do is have a lot of minions to carry this through.

 

Would love to know the story on the Idaho jackpot that the winner decided not to claim.

golfer1960's avatargolfer1960

Quote: Originally posted by haymaker on Mar 29, 2012

set that house down in Egg Harbor twp. and its worth about $400,000

I know haymaker! Location, location! This house only 800 yds from the Navesink River and the Atlantic Ocean is 1000 yds away. But I hear ya!

VenomV12

Quote: Originally posted by HiFi on Mar 29, 2012

the jackpot is so high that you could buy all 175 million combinations and even if another person including yourself won, you would still come out ahead.  i dont think it would be possible to do in reality, to print up 175 million tickets before friday.  im hoping only one person wins though, its a better story that way.

If you are Goldman Sachs or some other firm like that this is very doable. The problem is if a lot of these firms and other billionaires did the same thing they could end up with heavy losses if the jackpot has to be shared.

Eagles215

Quote: Originally posted by dpoly1 on Mar 29, 2012

1 Ticket ........... 1 Person

US Flag

PA is long over due......

GambleToRamble

I sure hope it does NOT roll-over anymore!  I'd sure like to get started on my plan this weekend.  And with a QUARTER of a BILLION, AFTER TAX!!!!....  I think my plan would be financed well enough.

Years ago, I designed a dream house in Google Sketch-Up and would like to start shopping lots and talking with architects.  It's not too extravagant, although I think it worked out to be about 17,000 square feet.  But it's a SMALL 17,000 square feet.  LOL   Actually, I just designed the rooms I wanted on one floor, and got a lot of excess space just filling in the upstairs.  A modest, 8-car garage... with the land option to build a second, unattached garage if we need more space.  I do have some kids after all.  And when they start driving, could get a little crowded.

With plenty of money to build it, my vision is to bring in all kinds of new technology to minimize maintenance and operating costs.  Maximize efficiency (insulation, heat pump, super-efficient appliances, LED lighting, etc), generate power (solar, maybe wind), capture rain water (so my yard won't die when we're under watering restrictions down here in Texas).  I'm wondering if it is technologically possible (YET!!!), to build a 17,000 square foot house with operating costs of less than $100/month.  Practically living "off the grid".

Put the excessive money in up front to build it, with the goal to have very little cost ongoing.  (Because property taxes -- one of the worst kinds of taxes because it taxes "existing" rather than activity -- could be $20k-$25k per month.  Need a trust fund set-up just to pay that each year.) 

Pushing the edge of new technology (which would be expensive) and changing the paradigms of how we build houses, my hope would be to help change the world.  Once you figure out the best way to build things, then costs can come down for others with increased production.  Working with an architect and builder, take the knowledge from this "prototype", and start building highly efficient neighborhood developments.  Neighborhoods that are capable of operating "off the grid".

I can dream, can't I?

DisplacedLurker

Quote: Originally posted by VenomV12 on Mar 29, 2012

I am hoping to win the Powerball and not the MegaMillions because right now absolutely no one will remember or care who you are and quite frankly I don't want or need this much money and all the crap that is going to go along with it. Forever whenver the jackpot gets large in the lottery your name will always be brought up as the winner of the biggest lottery in the history of America, maybe the world.

Well, in a way, you make a sound point. But if this has happened once, you can bet that it will happen again, even if it's rarely. If you ever wanted to win a jackpot at this size, maybe it would be best to do so when 400-600 million is on the tier of excitement from 300 million. Basically, when people are complaining that everyone wins right before the 750-800 million record. Shouldn't have to wait too long, ha ha. But I have to admit, it would be nice to just quietly win the Powerball and be on your merry way. Too bad, here, we only offer one, so, anyone winning the Powerball is still kind of big news, regardless of the size.

smooth11484's avatarsmooth11484

u guys are crazy talking that trust fund stuff and saving money listen yu guys including myself prob wont make close to that in your life time so skip me its a half billion dollars n not one person said take care of their family or give some to charity, if i win my whole family eating... we all go cutt the cake like newlyweds

Jill34786's avatarJill34786

Quote: Originally posted by DisplacedLurker on Mar 29, 2012

These different perspectives are invaluable, Jill34786 (isn't your number the zipcode for Windermere? Big Grin)! Truly and utterly. These are the kind of posts I love reading, and it's great to have people who have and still work in finances to give these kinds of responses. I think I'll still lean toward the lump sum option then. Thanks so much for this info!

You also mentioned that there are communities within Orlando that are barred against the media. For Windermere, would that be near the Butler Chain of Lakes' communities? Maybe Bay Hill? I'm curious if there are other communities like that, maybe in Heathrow and Lake Nona that offer the same kind of protection? I'd think Winter Park would be too open and unguarded to offer that. Would Montverde would that too? Near Lake Apopka. What about Celebration and its ties to Disney? That and I'm sure the luxury communities on the beaches are a given, no matter what part of Florida you live in.

Your welcome! Bay Hill is not guard gated and Lake Nona isn't bad plus you would be near the airport. The community I live in is surrounded by the Butler chain of lakes and from my perspective the most attractive and secure environment one could ask for.

The community in Montverde is BK and a total mess, would not suggest it.

DisplacedLurker

Curious, but is anyone else having problems loading Lottery Post at times? Chrome has been freezing up and killing pages, probably from all the traffic and the frequent updates, but hmm, I've never had this problem with any other site.

VenomV12

Quote: Originally posted by GambleToRamble on Mar 29, 2012

I sure hope it does NOT roll-over anymore!  I'd sure like to get started on my plan this weekend.  And with a QUARTER of a BILLION, AFTER TAX!!!!....  I think my plan would be financed well enough.

Years ago, I designed a dream house in Google Sketch-Up and would like to start shopping lots and talking with architects.  It's not too extravagant, although I think it worked out to be about 17,000 square feet.  But it's a SMALL 17,000 square feet.  LOL   Actually, I just designed the rooms I wanted on one floor, and got a lot of excess space just filling in the upstairs.  A modest, 8-car garage... with the land option to build a second, unattached garage if we need more space.  I do have some kids after all.  And when they start driving, could get a little crowded.

With plenty of money to build it, my vision is to bring in all kinds of new technology to minimize maintenance and operating costs.  Maximize efficiency (insulation, heat pump, super-efficient appliances, LED lighting, etc), generate power (solar, maybe wind), capture rain water (so my yard won't die when we're under watering restrictions down here in Texas).  I'm wondering if it is technologically possible (YET!!!), to build a 17,000 square foot house with operating costs of less than $100/month.  Practically living "off the grid".

Put the excessive money in up front to build it, with the goal to have very little cost ongoing.  (Because property taxes -- one of the worst kinds of taxes because it taxes "existing" rather than activity -- could be $20k-$25k per month.  Need a trust fund set-up just to pay that each year.) 

Pushing the edge of new technology (which would be expensive) and changing the paradigms of how we build houses, my hope would be to help change the world.  Once you figure out the best way to build things, then costs can come down for others with increased production.  Working with an architect and builder, take the knowledge from this "prototype", and start building highly efficient neighborhood developments.  Neighborhoods that are capable of operating "off the grid".

I can dream, can't I?

What on' God's earth are you building that is going to cost $25,000 a month in property taxes?

My buddy has a $25 millon house in Palm Beach and his property taxes are $150,000 a year.

CDanaT's avatarCDanaT

Quote: Originally posted by DisplacedLurker on Mar 29, 2012

Curious, but is anyone else having problems loading Lottery Post at times? Chrome has been freezing up and killing pages, probably from all the traffic and the frequent updates, but hmm, I've never had this problem with any other site.

sometimes DispL......thats because we aren't able to purchase MM tickets here in FL  Naughty

maximumfun's avatarmaximumfun

Quote: Originally posted by DisplacedLurker on Mar 29, 2012

Curious, but is anyone else having problems loading Lottery Post at times? Chrome has been freezing up and killing pages, probably from all the traffic and the frequent updates, but hmm, I've never had this problem with any other site.

Yep.

weshar75's avatarweshar75

Well mega got my $20 on wednesday so hopefully I can win or share the jackpot on friday.  Good luck.-weshar75

US Flag

smithsterj

Ive has asked my family to give me there lotto numbers for the drawing...the dont have the Mega Millions in Florida (their only option is to drive to Georgia). Im

playing $50..a combination of quick picks and my/there numbers...wish me luck...oh what would I do..DISAPEER OFF THE RADAR...maybe a trip to New Zealand or Austraila or

bouncing around between islands in the Pacific..anway my family would be "hooked up" for life and the world would be a "playground"...

Jill34786's avatarJill34786

Quote: Originally posted by GambleToRamble on Mar 29, 2012

I sure hope it does NOT roll-over anymore!  I'd sure like to get started on my plan this weekend.  And with a QUARTER of a BILLION, AFTER TAX!!!!....  I think my plan would be financed well enough.

Years ago, I designed a dream house in Google Sketch-Up and would like to start shopping lots and talking with architects.  It's not too extravagant, although I think it worked out to be about 17,000 square feet.  But it's a SMALL 17,000 square feet.  LOL   Actually, I just designed the rooms I wanted on one floor, and got a lot of excess space just filling in the upstairs.  A modest, 8-car garage... with the land option to build a second, unattached garage if we need more space.  I do have some kids after all.  And when they start driving, could get a little crowded.

With plenty of money to build it, my vision is to bring in all kinds of new technology to minimize maintenance and operating costs.  Maximize efficiency (insulation, heat pump, super-efficient appliances, LED lighting, etc), generate power (solar, maybe wind), capture rain water (so my yard won't die when we're under watering restrictions down here in Texas).  I'm wondering if it is technologically possible (YET!!!), to build a 17,000 square foot house with operating costs of less than $100/month.  Practically living "off the grid".

Put the excessive money in up front to build it, with the goal to have very little cost ongoing.  (Because property taxes -- one of the worst kinds of taxes because it taxes "existing" rather than activity -- could be $20k-$25k per month.  Need a trust fund set-up just to pay that each year.) 

Pushing the edge of new technology (which would be expensive) and changing the paradigms of how we build houses, my hope would be to help change the world.  Once you figure out the best way to build things, then costs can come down for others with increased production.  Working with an architect and builder, take the knowledge from this "prototype", and start building highly efficient neighborhood developments.  Neighborhoods that are capable of operating "off the grid".

I can dream, can't I?

Heating/cooling cost on a conventionally built 17,000 sq.ft. depending on location would most likely run $2,000-$2,500 per month. Incorporating ICF, Geo thermal, quality gas filled clad windows, smart home automation, Solar panels could easily cut cost down to the $600-$800 range.

Just a few tips we have picked up from building a few homes. Wink

GambleToRamble

Property taxes seem to be higher in Texas...  probably because we do not have a state income tax.  Build a $10-$12m house, with property taxes of 2%-2.5%, and you have a monthly tax bill of $20k-$25k. 

I'm guessing a house like I would want, built conventionally, would probably cost less than 5 million.  But I'm doubling it for the technological upgrades I want to try to make it self-sufficient.  I plan to push the limits of solar technology, etc.

CDanaT's avatarCDanaT

Quote: Originally posted by smithsterj on Mar 29, 2012

Ive has asked my family to give me there lotto numbers for the drawing...the dont have the Mega Millions in Florida (their only option is to drive to Georgia). Im

playing $50..a combination of quick picks and my/there numbers...wish me luck...oh what would I do..DISAPEER OFF THE RADAR...maybe a trip to New Zealand or Austraila or

bouncing around between islands in the Pacific..anway my family would be "hooked up" for life and the world would be a "playground"...

Thats nice of you Smithster....had to make that request  and agreement on this end too

GambleToRamble

-------- Quote --------

Heating/cooling cost on a conventionally built 17,000 sq.ft. depending on location would most likely run $2,000-$2,500 per month. Incorporating ICF, Geo thermal, quality gas filled clad windows, smart home automation, Solar panels could easily cut cost down to the $600-$800 range.

Just a few tips we have picked up from building a few homes. Wink

--------

Thanks, Jill!!!  Some reality to support that it's not just a pipe dream.  Push the limits a little more, and we have operating costs down to my arbitrary number of less than $100 a month.

Wooddrive's avatarWooddrive

Quote: Originally posted by GambleToRamble on Mar 29, 2012

I sure hope it does NOT roll-over anymore!  I'd sure like to get started on my plan this weekend.  And with a QUARTER of a BILLION, AFTER TAX!!!!....  I think my plan would be financed well enough.

Years ago, I designed a dream house in Google Sketch-Up and would like to start shopping lots and talking with architects.  It's not too extravagant, although I think it worked out to be about 17,000 square feet.  But it's a SMALL 17,000 square feet.  LOL   Actually, I just designed the rooms I wanted on one floor, and got a lot of excess space just filling in the upstairs.  A modest, 8-car garage... with the land option to build a second, unattached garage if we need more space.  I do have some kids after all.  And when they start driving, could get a little crowded.

With plenty of money to build it, my vision is to bring in all kinds of new technology to minimize maintenance and operating costs.  Maximize efficiency (insulation, heat pump, super-efficient appliances, LED lighting, etc), generate power (solar, maybe wind), capture rain water (so my yard won't die when we're under watering restrictions down here in Texas).  I'm wondering if it is technologically possible (YET!!!), to build a 17,000 square foot house with operating costs of less than $100/month.  Practically living "off the grid".

Put the excessive money in up front to build it, with the goal to have very little cost ongoing.  (Because property taxes -- one of the worst kinds of taxes because it taxes "existing" rather than activity -- could be $20k-$25k per month.  Need a trust fund set-up just to pay that each year.) 

Pushing the edge of new technology (which would be expensive) and changing the paradigms of how we build houses, my hope would be to help change the world.  Once you figure out the best way to build things, then costs can come down for others with increased production.  Working with an architect and builder, take the knowledge from this "prototype", and start building highly efficient neighborhood developments.  Neighborhoods that are capable of operating "off the grid".

I can dream, can't I?

Your dream makes too much common sense. People are too lazy for forward thinking. All they wanna do is complain. A house that would be self-sufficient and generate more power than it needs, what a concept. Besides, with $300 million cash, most people will just purchase their dream house.

Abdi's avatarAbdi

"Surely, tickets are being sold at such a rapid pace that the vast majority of all possible number combinations are being covered — multiple times for many combinations — but one still has to ask:  what if just one person wins about $400 million in cash?  It's hard for most people to even picture a number that large, let alone manage that much cash."

I couldn't Agree more!..The website that offerrs online lottery ticket sales (address withheld as per rules and regulations of lottery post)-is totally un-accesible for the last 6 hours,simply because it's too busy as millions of lottery players across the globe try to purchase tickets online but in vain.

What avery big disappointment for the website managers! and the players!.

Those of you in USA,if cann't buy tickest now,when will you ever wait to see the jacket raise again to $ 500 Million!

It's a golden opportunity for you,go and buy your tickets now!.I am sure Todd has bought plenty!,he knows that this is once in a life time opportunity.

 

Good Luck.

 

Abdi,Nairobi

Kenya.

Africa.

Jill34786's avatarJill34786

Quote: Originally posted by HiFi on Mar 29, 2012

the jackpot is so high that you could buy all 175 million combinations and even if another person including yourself won, you would still come out ahead.  i dont think it would be possible to do in reality, to print up 175 million tickets before friday.  im hoping only one person wins though, its a better story that way.

If someone had every combination and were to split 2-ways they would not be ahead. Once taxes are factored in they would be down at least $30-40 million.

rad242

Quote: Originally posted by smooth11484 on Mar 29, 2012

u guys are crazy talking that trust fund stuff and saving money listen yu guys including myself prob wont make close to that in your life time so skip me its a half billion dollars n not one person said take care of their family or give some to charity, if i win my whole family eating... we all go cutt the cake like newlyweds

You do realize that this conversation around this jackpot has been going on for over a week correct? Most have talked about taking care of family and loved ones and for people like me it's a given so it doesn't make me less of a person if I don't broadcast it over lottery post - lol. I like the angle we're focused on now as we're pooling as it were very helpful tips on money management that will assist any one of us who in time may win a jackpot. Managing the windfall well is paarmount to helping yourself, family, friends and charities in a more constructive way.

CDanaT's avatarCDanaT

Quote: Originally posted by rad242 on Mar 29, 2012

You do realize that this conversation around this jackpot has been going on for over a week correct? Most have talked about taking care of family and loved ones and for people like me it's a given so it doesn't make me less of a person if I don't broadcast it over lottery post - lol. I like the angle we're focused on now as we're pooling as it were very helpful tips on money management that will assist any one of us who in time may win a jackpot. Managing the windfall well is paarmount to helping yourself, family, friends and charities in a more constructive way.

<scratching head>    I wonder if taking care of family  means lawn care at the cemetary ???

smithsterj

Quote: Originally posted by CDanaT on Mar 29, 2012

Thats nice of you Smithster....had to make that request  and agreement on this end too

Thanks and of course taken care of the family is priority #1..I would also adopt some kids..i figured "why not"

mcginnin56

Quote: Originally posted by Jill34786 on Mar 29, 2012

$14,330,769 is a nice after tax annuity but next year the top tier tax rate goes up (unless Congress extends the Bush tax cuts once again).

You will have no certainty from future Fed tax rate increase. If the top Federal rate goes to 70% (it's been higher in past years) then your payment dwindles down to $4,984,615 and that's assuming the Ohio state tax rate stays at 6%.

The cash value after tax in Ohio is $292,500,000 . If it earned a measly 2% in perhaps a Municipal tax free bond then you would net 5,850,000 each year without ever touching the principal.

While someone taking the annuity would be collecting their last payment 26 years from now, the person who opted for the cash would have already been paid over $152,100,000 tax free while still having the original $292,500,000 left in their account.

Not trying to persuade your mind but just wanted to give you a different perspectiveSmile

Your preaching to the choir as far as I'm concerned!   Blue Angel

Masone

Technological upgrades? Like an iPad controlling the showers, doors and pool? A house that can not only receive vocal commands, but also talk back to you? Gotta get crazy with it!

My house would be like the Jack's house from Eureka.

mcginnin56

Quote: Originally posted by smooth11484 on Mar 29, 2012

ii willllll be sicccccck to my stomach if one person wins

How about one wall street exec. from Rhodie?  LOL

mcginnin56

Quote: Originally posted by fwlawrence on Mar 29, 2012

If I win I will get a t-shirt that says "I am the 1%".

Maybe even the one-half %?

CDanaT's avatarCDanaT

Quote: Originally posted by Masone on Mar 29, 2012

Technological upgrades? Like an iPad controlling the showers, doors and pool? A house that can not only receive vocal commands, but also talk back to you? Gotta get crazy with it!

My house would be like the Jack's house from Eureka.

Not me, I am buying houses beside Mac, rdgrnr, jill, todd and a few others from LP, then get 4 large basset hounds that bark alot  and leave large lawn ornaments

Aust

Just think how many people right now are blowing their entire tax returns on this jackpot Razz

 

Imagine if nobody even wins the jackpot on Friday... imagine a billion dollar jackpot...

joshuacloak's avatarjoshuacloak

not only has mr"Please play responsibly" left the building for this jackpot

he was Kicked off the roof by mega millions sparta style

 

this is how it went down:"

atfer pushing him to side of roof with a sword pointed at him

 

MM: not only have u threaten my people with low jackpots and low sells,

PPR: This is madness!

MM: madness? this is half a billion dollars!

mm kicks  MR Please play responsibly off the roof!,  and hes now in  critical condition ,he recovery atfer Mega millions is done with its"madness"

Brcebrce

Who ever wins this one , if 1 or 2 tickets, is gonna have a fun time remaining anonymous. That IS a problem I woudl be willing to deal with.

haymaker's avatarhaymaker

Quote: Originally posted by joshuacloak on Mar 29, 2012

not only has mr"Please play responsibly" left the building for this jackpot

he was Kicked off the roof by mega millions sparta style

 

this is how it went down:"

atfer pushing him to side of roof with a sword pointed at him

 

MM: not only have u threaten my people with low jackpots and low sells,

PPR: This is madness!

MM: madness? this is half a billion dollars!

mm kicks  MR Please play responsibly off the roof!,  and hes now in  critical condition ,he recovery atfer Mega millions is done with its"madness"

funny, i picture 2 actors dressed in mascot style costumes doing this.

mcginnin56

Quote: Originally posted by CDanaT on Mar 29, 2012

Not me, I am buying houses beside Mac, rdgrnr, jill, todd and a few others from LP, then get 4 large basset hounds that bark alot  and leave large lawn ornaments

Like a good neighbor State Farm CD is there! Those "ornaments" will be great for Christmas time!   Big Grin Santa

mcginnin56

Quote: Originally posted by Aust on Mar 29, 2012

Just think how many people right now are blowing their entire tax returns on this jackpot Razz

 

Imagine if nobody even wins the jackpot on Friday... imagine a billion dollar jackpot...

John Lennon could....why can't we???   Blue Angel

maximumfun's avatarmaximumfun

Just got an email that might interest some of you who are in lottery pools...  there is an ABC link that I am not allowed to post (see?  old dogs CAN learn new tricks!) so I do not know how I can pass on any more info.. but I'm guessing that if you google it you should be able to find the info. 

This email came 15 min ago and included: 


Are You in an Office Lottery Pool?

"20/20" wants to hear your story.

dallascowboyfan's avatardallascowboyfan

" My house would be like the Jack's house from Eureka." good show Thumbs Up

fwlawrence's avatarfwlawrence

Quote: Originally posted by GambleToRamble on Mar 29, 2012

Property taxes seem to be higher in Texas...  probably because we do not have a state income tax.  Build a $10-$12m house, with property taxes of 2%-2.5%, and you have a monthly tax bill of $20k-$25k. 

I'm guessing a house like I would want, built conventionally, would probably cost less than 5 million.  But I'm doubling it for the technological upgrades I want to try to make it self-sufficient.  I plan to push the limits of solar technology, etc.

Or you could buy that $10 million home that Yahoo did a story on a day or two ago.

gogidolim

 I will not donate any money to charities. I don't trust them. I won't be an angel investor either.

 Instead, I will start my own modest charity foundation, out of the incomes from the investments, not the principal prize. I will also split the winning with my family and relatives in the stateside. But I will keep the lion's share, about 85%.

mcginnin56

Quote: Originally posted by gogidolim on Mar 29, 2012

 I will not donate any money to charities. I don't trust them. I won't be an angel investor either.

 Instead, I will start my own modest charity foundation, out of the incomes from the investments, not the principal prize. I will also split the winning with my family and relatives in the stateside. But I will keep the lion's share, about 85%.

Hurray!

rad242

Quote: Originally posted by maximumfun on Mar 29, 2012

Just got an email that might interest some of you who are in lottery pools...  there is an ABC link that I am not allowed to post (see?  old dogs CAN learn new tricks!) so I do not know how I can pass on any more info.. but I'm guessing that if you google it you should be able to find the info. 

This email came 15 min ago and included: 


Are You in an Office Lottery Pool?

"20/20" wants to hear your story.

My email accounts are programmed to SPAM any email with lottery and pool in the subject line or body - lol!

 

I googled and found it. I guess from a media perspective it's a more interesting story to tell. Lottery Pools if successful would impact multiple families with a variety of goals and dreams and usually is a combination of young, old and middle aged individuals.

 

As my LP family knows I do not endorse lottery pools.

rad242

Quote: Originally posted by gogidolim on Mar 29, 2012

 I will not donate any money to charities. I don't trust them. I won't be an angel investor either.

 Instead, I will start my own modest charity foundation, out of the incomes from the investments, not the principal prize. I will also split the winning with my family and relatives in the stateside. But I will keep the lion's share, about 85%.

I support charities today and I never do it by forking over cash. I don't want my money covering per diems for lofty fact finding trips to Africa. So I would do things like buy groceries for children's homes based on their current needs or clothing or building material for expansion initiatives. Only difference if I ever become wealthy would be to set up my own charity iniative who would manage the causes I support in these very ways I do and of course on a much larger scale.

luckismyname

Yes is gonna be 1 winner and that winner is me................. because tomorrow is my birthday and am gonna get my 1  line ticket with my lucky numbers.............. tomorrow am going to be the winner Party

mcginnin56

Quote: Originally posted by luckismyname on Mar 29, 2012

Yes is gonna be 1 winner and that winner is me................. because tomorrow is my birthday and am gonna get my 1  line ticket with my lucky numbers.............. tomorrow am going to be the winner Party

Huge Congrat's luckismyname!!! I'm sure we'll be hearing much more from you starting tomorrow, via the press and LP.   Banana

Welcome to LP luckismyname!    Cheers

maximumfun's avatarmaximumfun

Quote: Originally posted by rad242 on Mar 29, 2012

My email accounts are programmed to SPAM any email with lottery and pool in the subject line or body - lol!

 

I googled and found it. I guess from a media perspective it's a more interesting story to tell. Lottery Pools if successful would impact multiple families with a variety of goals and dreams and usually is a combination of young, old and middle aged individuals.

 

As my LP family knows I do not endorse lottery pools.

Lottery Pool = no not me.  not now, not ever.  Never have, and wont.  No no no.

hearsetrax's avatarhearsetrax

lottery pool R for suckers

Kumo's avatarKumo

Quote: Originally posted by joshuacloak on Mar 29, 2012

not only has mr"Please play responsibly" left the building for this jackpot

he was Kicked off the roof by mega millions sparta style

 

this is how it went down:"

atfer pushing him to side of roof with a sword pointed at him

 

MM: not only have u threaten my people with low jackpots and low sells,

PPR: This is madness!

MM: madness? this is half a billion dollars!

mm kicks  MR Please play responsibly off the roof!,  and hes now in  critical condition ,he recovery atfer Mega millions is done with its"madness"

From your skit, I pictured MM as having Arnold Schwarzenegger's accent, lol.

Simba774

Quote: Originally posted by Arrowhead on Mar 29, 2012

Insanity----

The Ohio annuity after-tax payment is $14,330,769 (26 payments)

I'm taking the annuity. Yes Nod

Oh, please! I'm taking the lump sum, which most winners do anyway. Cut the check and let me be on my merry way. I wonder where we're going to go for dinner?

kyokushin187's avatarkyokushin187

Quote: Originally posted by smooth11484 on Mar 29, 2012

u guys are crazy talking that trust fund stuff and saving money listen yu guys including myself prob wont make close to that in your life time so skip me its a half billion dollars n not one person said take care of their family or give some to charity, if i win my whole family eating... we all go cutt the cake like newlyweds

What point were trying to make in your post?I almost stopped reading after the first so called( fragmented) sentence.I think some of you guys skipped English lit class.

CollegeLad09

CollegeLad again....Not too surprised to see the JP increase but nevertheless it's shocking to see a prize amount of 540,000,000 on my QP's I just bought. Im glad I kept all my MM tickets frm web the JP was at 170 million. We've kinda got A part of history to see the first half a billion+ JP. I highly doubt this will roll do to the staggering number of tickets sold. And I also highly doubt it will b just one winner. But Doubts are wrong.

CollegeLad09

LUMP SUM!!!!!!!!LUMP SUM!!!!!!!

mightwin's avatarmightwin

Even with all the tickets being sold I think its possible for just one ticket to win it

mcginnin56

Quote: Originally posted by mightwin on Mar 29, 2012

Even with all the tickets being sold I think its possible for just one ticket to win it

I Agree!   I Agree!    I Agree!

Kumo's avatarKumo

Quote: Originally posted by kyokushin187 on Mar 29, 2012

What point were trying to make in your post?I almost stopped reading after the first so called( fragmented) sentence.I think some of you guys skipped English lit class.

I could not understand it either. Probably another young'un that has learned grammar and writing from cheezburger internet memes.

Jill34786's avatarJill34786

Quote: Originally posted by CDanaT on Mar 29, 2012

Not me, I am buying houses beside Mac, rdgrnr, jill, todd and a few others from LP, then get 4 large basset hounds that bark alot  and leave large lawn ornaments

We could all be neighbors! Party

haymaker's avatarhaymaker

Quote: Originally posted by Kumo on Mar 29, 2012

From your skit, I pictured MM as having Arnold Schwarzenegger's accent, lol.

crackin up, "if it rolls i'll be bach"

mcginnin56

Quote: Originally posted by Kumo on Mar 29, 2012

I could not understand it either. Probably another young'un that has learned grammar and writing from cheezburger internet memes.

Perhaps a new "app" should be invented to understand and translate these "cheezburger Internet memes"?      Crazy

Jill34786's avatarJill34786

Quote: Originally posted by Brcebrce on Mar 29, 2012

Who ever wins this one , if 1 or 2 tickets, is gonna have a fun time remaining anonymous. That IS a problem I woudl be willing to deal with.

Like yourself, most of us here would love to have that problem Thumbs Up

mcginnin56

Quote: Originally posted by Jill34786 on Mar 29, 2012

Like yourself, most of us here would love to have that problem Thumbs Up

Still got about 17 hours to think about that one. (EST)  Roll Eyes

Jill34786's avatarJill34786

Quote: Originally posted by fwlawrence on Mar 29, 2012

Or you could buy that $10 million home that Yahoo did a story on a day or two ago.

Saw that! I believe the home cost over $46 million to construct and they are having an auction on March 30th and bidding starts at "only" $10.3 millionEek

mightwin's avatarmightwin

Quote: Originally posted by Jill34786 on Mar 29, 2012

Like yourself, most of us here would love to have that problem Thumbs Up

Yep I think if you wait a couple months and have everything in place should be no problem at all

Jill34786's avatarJill34786

Quote: Originally posted by Simba774 on Mar 29, 2012

Oh, please! I'm taking the lump sum, which most winners do anyway. Cut the check and let me be on my merry way. I wonder where we're going to go for dinner?

Golden Corral?Crazy

Jill34786's avatarJill34786

Quote: Originally posted by smooth11484 on Mar 29, 2012

u guys are crazy talking that trust fund stuff and saving money listen yu guys including myself prob wont make close to that in your life time so skip me its a half billion dollars n not one person said take care of their family or give some to charity, if i win my whole family eating... we all go cutt the cake like newlyweds

Say what???What?

sully16's avatarsully16

Good luck everybody Cheers

VenomV12

Quote: Originally posted by smooth11484 on Mar 29, 2012

u guys are crazy talking that trust fund stuff and saving money listen yu guys including myself prob wont make close to that in your life time so skip me its a half billion dollars n not one person said take care of their family or give some to charity, if i win my whole family eating... we all go cutt the cake like newlyweds

I tried to translate this and gave up. I got the vibe that this was someone trying to purposely write in ghetto slang..I hope. If not, that is just sad. 

Kumo's avatarKumo

Quote: Originally posted by mcginnin56 on Mar 29, 2012

Perhaps a new "app" should be invented to understand and translate these "cheezburger Internet memes"?      Crazy

Come to think of it, sometimes chatter wasn't exactly so intellectual on newsgroups, aol or irc either. Thud

We're probably better off in the present Internet.

ashabug725's avatarashabug725

Quote: Originally posted by Kumo on Mar 29, 2012

From your skit, I pictured MM as having Arnold Schwarzenegger's accent, lol.

I pictured it as one of those movies with an Asian man where the words don't match the mouth movement!!! hahaha... takes so little to entertain me!!!

Piaceri

Quote: Originally posted by hearsetrax on Mar 29, 2012

lottery pool R for suckers

Hey. I was cooerced into joining the office pool last draw, and ditto this draw. I didn't want to be the only person showing up for work after winning. 

Hit With Stick

 

Hippy

ashabug725's avatarashabug725

Quote: Originally posted by VenomV12 on Mar 29, 2012

I tried to translate this and gave up. I got the vibe that this was someone trying to purposely write in ghetto slang..I hope. If not, that is just sad. 

All i got from it is that "nobody said they were gonna take care of family or charities"... so not only can this person not write... but they can't read either!!!! #poorsoul

Coin Toss's avatarCoin Toss

This is one of the times I'm glad I live in the sticks, we don't even have lines here.

From what someone posted about the frenzy on the Nevada - California border Nevada should really rethink their no lottery policy.

I'm trying to make sure more than opne person wins, played a ticket today and played the same numbers for the clerk (which will probably go over like a lead balloon here but what the heck). That insuires you have someone rooting for the same numbers.

Wink

Lep

IllwinIt

I bought my 10 QPs today here in the backwoods of Sweetwater, TN. I could definitely use the money. Still unsure of whether to take the cash or annuity if i win? $292,500,000 cash after taxes sounds nice. That means I would have to open up 1,170 different accounts of 250K each, since FDIC only insures up to that amount.  Im afraid if I took the cash and put it in the bank, someone might steal my identity and take every dime.Im leaning more towards annuity. But with possible tax rates rising in the future, annuity doesnt sound good either. I just dont know.

psykomo's avatarpsykomo

Quote: Originally posted by Jill34786 on Mar 29, 2012

Golden Corral?Crazy

JL:

if we end up @ that place<<<<<<<4<<<dindin again, that means we R

still "BROKE" >>>>>still "HUNGRY">>& lost<<<this

JAM JACKPOT AGAIN $$$ money love HURT'$$

JesterJack-in-the-BoxJester

LotteryLeroy

The MegaMillions jackpot will be $624 million, and there will be 2 winning tickets.  I will have one of the two, taking $312 million as my share ($155 million after cash option and taxes).  It is so.

dpoly1's avatardpoly1

I spent $2 just now at a different store. I was getting gas for the lawnmower. I am figuring when I win this by myself, I will get at least $300,000,000 in a wire transfer from Middletown, PA!

Woo Hoo!

Dance

calyxes

u guys are crazy talking that trust fund stuff and saving money listen yu guys including myself prob wont make close to that in your life time so skip me its a half billion dollars n not one person said take care of their family or give some to charity, if i win my whole family eating... we all go cutt the cake like newlyweds

 

 

I used to teach in the inner city. Let me try and translate this. LOL

 

All of you are crazy for talking about trust funds and saving your money. I don't know what a trust fund is and I have never had any money to save. All of you, including myself, will probably never earn that kind of money in our life time. Well, I might because I plan on becoming the next Frank White. With the jackpot at a half a billion dollars, I can't believe none of you said you would take care of your family or help support a charity. If I win my whole family will have enough money to do whatever they want. After we share the money, I am going to have sex with my mother like it was our honeymoon and then I will marry my sister like a good southern boy should.

Masone

Quote: Originally posted by IllwinIt on Mar 29, 2012

I bought my 10 QPs today here in the backwoods of Sweetwater, TN. I could definitely use the money. Still unsure of whether to take the cash or annuity if i win? $292,500,000 cash after taxes sounds nice. That means I would have to open up 1,170 different accounts of 250K each, since FDIC only insures up to that amount.  Im afraid if I took the cash and put it in the bank, someone might steal my identity and take every dime.Im leaning more towards annuity. But with possible tax rates rising in the future, annuity doesnt sound good either. I just dont know.

CDARS is what you will need for the bank thing. It insures your money up to 50 million. Though, I have no idea if you can have more than 1.

mightwin's avatarmightwin

Anyone know what the tax rate is on giving the gift of $$ over the allowable amount?

LotteryLeroy

Quote: Originally posted by mightwin on Mar 29, 2012

Anyone know what the tax rate is on giving the gift of $$ over the allowable amount?

I believe it is right at 50% that the giver must pay if not donating to a non-profit/501C.

calyxes

Sorry people this one is coming to Michigan. I will be the sole winner and when I win, I will get so stoned before I go up to the press conference that they will refuse to put me on. Thats what they get for making it a law in Michigan that you must give the press conference.

 

And after they boot me out the press conference, like the guy said the other day....first order of business will be to go have sex with three chicks at the same time. I will be Smash the pootang

Win$500Quick's avatarWin$500Quick

Update: Back from Georgia safe and sound with the winning ticket. Once I crossed the state line I spotted the Mega Millions billboard I got so excited.  I went to several stores and there were no lines anywhere. I bought a mix of my own picks and quick picks with advance play for Friday and Tuesday in case it rolls again. I can see the headline already Florida resident hijacks the jackpot or something more catchy like Florida Resident made off with money like Bernie. LOL. Good luck everyone.

ashabug725's avatarashabug725

Quote: Originally posted by calyxes on Mar 29, 2012

u guys are crazy talking that trust fund stuff and saving money listen yu guys including myself prob wont make close to that in your life time so skip me its a half billion dollars n not one person said take care of their family or give some to charity, if i win my whole family eating... we all go cutt the cake like newlyweds

 

 

I used to teach in the inner city. Let me try and translate this. LOL

 

All of you are crazy for talking about trust funds and saving your money. I don't know what a trust fund is and I have never had any money to save. All of you, including myself, will probably never earn that kind of money in our life time. Well, I might because I plan on becoming the next Frank White. With the jackpot at a half a billion dollars, I can't believe none of you said you would take care of your family or help support a charity. If I win my whole family will have enough money to do whatever they want. After we share the money, I am going to have sex with my mother like it was our honeymoon and then I will marry my sister like a good southern boy should.

I almost peed a little while reading that... Such an amazing translation!!! the inner city did a great job learning you ;-) Lmao

psykomo's avatarpsykomo

Quote: Originally posted by mightwin on Mar 29, 2012

Anyone know what the tax rate is on giving the gift of $$ over the allowable amount?

MW:

alway's ask UR accountant a ???? like this, but go 2 the

site USA MEGA.com & I think they break down D

info about what U get>>>>based on D state U live in!!

LOL

Jack-in-the-Box

Jill34786's avatarJill34786

Quote: Originally posted by psykomo on Mar 29, 2012

JL:

if we end up @ that place<<<<<<<4<<<dindin again, that means we R

still "BROKE" >>>>>still "HUNGRY">>& lost<<<this

JAM JACKPOT AGAIN $$$ money love HURT'$$

JesterJack-in-the-BoxJester

Don't people go there on special occasions? Jester Laugh

Arrowhead's avatarArrowhead

Quote: Originally posted by Piaceri on Mar 29, 2012

Hey. I was cooerced into joining the office pool last draw, and ditto this draw. I didn't want to be the only person showing up for work after winning. 

Hit With Stick

 

Hippy

Off topic here, but like your 'Friday Night Lights' signature. Great, great show. Catching up on it through Netflix.

haymaker's avatarhaymaker

Quote: Originally posted by Coin Toss on Mar 29, 2012

This is one of the times I'm glad I live in the sticks, we don't even have lines here.

From what someone posted about the frenzy on the Nevada - California border Nevada should really rethink their no lottery policy.

I'm trying to make sure more than opne person wins, played a ticket today and played the same numbers for the clerk (which will probably go over like a lead balloon here but what the heck). That insuires you have someone rooting for the same numbers.

Wink

Lep

Yo CT,since you're a casino dealer i'll just call that ticket a "toke"

Jill34786's avatarJill34786

Quote: Originally posted by mightwin on Mar 29, 2012

Anyone know what the tax rate is on giving the gift of $$ over the allowable amount?

For 2010-2012 the max gift tax rate is $5mil and 35%. In 2009 it was $3.5mil and either 45-55%. Before 2001 prior to the Bush tax cut it was 675K .You are allowed to gift $13k per year or 26k as a married couple.

For 2013, it may revert back to 1Mil and at least 45% on anything over.

maximumfun's avatarmaximumfun

Quote: Originally posted by CollegeLad09 on Mar 29, 2012

CollegeLad again....Not too surprised to see the JP increase but nevertheless it's shocking to see a prize amount of 540,000,000 on my QP's I just bought. Im glad I kept all my MM tickets frm web the JP was at 170 million. We've kinda got A part of history to see the first half a billion+ JP. I highly doubt this will roll do to the staggering number of tickets sold. And I also highly doubt it will b just one winner. But Doubts are wrong.

Sweetie - you don't have to identify yourself each time you post.  Your name is to the left of your post so we all know its you.

DC81's avatarDC81

This is almost destined to be at least 600M before it's said and done.  Scared

Like always, I'd be going with the cash... Beating the annuity would not be hard nor all that risky... Plus I don't want to be the mercy of a state that I won't be living in and federal government to pay me over the next two and a half decades, I might not even live that long, hell our country might not either. LOL

VenomV12

Three quarters in cash and the other quarter left in the annuity, that way I will never be broke no matter what happens.

Uff Da!'s avatarUff Da!

Quote: Originally posted by VenomV12 on Mar 29, 2012

Three quarters in cash and the other quarter left in the annuity, that way I will never be broke no matter what happens.

Sorry, it is one or the other.  You can't have it both ways.  At least not in most states.  You could buy your own annuity with part of the cash, of course, if you really wanted to do that.

VenomV12

Quote: Originally posted by Uff Da! on Mar 29, 2012

Sorry, it is one or the other.  You can't have it both ways.  At least not in most states.  You could buy your own annuity with part of the cash, of course, if you really wanted to do that.

There was a guy on one of those Lottery Made Me Rich shows that said he did that so I am pretty sure it is possible. If I recall he won maybe close to $200 million also so it was either a Mega Millions or Powerball jackpot. The Mega Millions is not a state run lottery so I don't think they would have to adhere to the regulations of a particular state anyway.

haymaker's avatarhaymaker

Quote: Originally posted by Uff Da! on Mar 29, 2012

Sorry, it is one or the other.  You can't have it both ways.  At least not in most states.  You could buy your own annuity with part of the cash, of course, if you really wanted to do that.

take it all in cash, then buy you own annuities, if you're so inclined,

me ? i'd split in up, short and long term.

no j.g. wentworth here, even if i think the tv ads are funny.

BuyLow's avatarBuyLow

Quote: Originally posted by Jill34786 on Mar 29, 2012

Don't people go there on special occasions? Jester Laugh

Surely you "jest".  Razz

mcginnin56

Quote: Originally posted by ashabug725 on Mar 29, 2012

I pictured it as one of those movies with an Asian man where the words don't match the mouth movement!!! hahaha... takes so little to entertain me!!!

Early and later "Kung Fu" movies prior to and after Bruce lee classic Chinese fight  movies! Hit With Stick     LOL

GiveFive's avatarGiveFive

I just went down to a local conevnience store to get milk and bread.  I go there quite a bit, it's a chain of stores located in upstate New York.  The woman behind the counter knows my face, she's a good egg, and always kidding around with the customers. 

I put my stuff on the counter and told her "I'll have $10,000 QP MM."   She laughed because she knew I was joking, and then whispered to me "It's unbelieveable.  Statewide, this chain of stores is averaging $12,000 per hour in ticket sales."

Arrowhead's avatarArrowhead

Quote: Originally posted by Jill34786 on Mar 29, 2012

$14,330,769 is a nice after tax annuity but next year the top tier tax rate goes up (unless Congress extends the Bush tax cuts once again).

You will have no certainty from future Fed tax rate increase. If the top Federal rate goes to 70% (it's been higher in past years) then your payment dwindles down to $4,984,615 and that's assuming the Ohio state tax rate stays at 6%.

The cash value after tax in Ohio is $292,500,000 . If it earned a measly 2% in perhaps a Municipal tax free bond then you would net 5,850,000 each year without ever touching the principal.

While someone taking the annuity would be collecting their last payment 26 years from now, the person who opted for the cash would have already been paid over $152,100,000 tax free while still having the original $292,500,000 left in their account.

Not trying to persuade your mind but just wanted to give you a different perspectiveSmile

OK, sold me...

mcginnin56

Quote: Originally posted by calyxes on Mar 29, 2012

u guys are crazy talking that trust fund stuff and saving money listen yu guys including myself prob wont make close to that in your life time so skip me its a half billion dollars n not one person said take care of their family or give some to charity, if i win my whole family eating... we all go cutt the cake like newlyweds

 

 

I used to teach in the inner city. Let me try and translate this. LOL

 

All of you are crazy for talking about trust funds and saving your money. I don't know what a trust fund is and I have never had any money to save. All of you, including myself, will probably never earn that kind of money in our life time. Well, I might because I plan on becoming the next Frank White. With the jackpot at a half a billion dollars, I can't believe none of you said you would take care of your family or help support a charity. If I win my whole family will have enough money to do whatever they want. After we share the money, I am going to have sex with my mother like it was our honeymoon and then I will marry my sister like a good southern boy should.

Yeah, gotta love these southern state family values!  Lovies

BuyLow's avatarBuyLow

DON'T shoot the messenger....

 

I Just read this on another website I frequent.....I personally think it's bunk but hey we are talking about $$$$$$ so I suppose anything is possible.  They have security to prevent this from happening right??

 

"THE LOTTERY IS RIGGED

You may have heard that you are more likely to be hit on the head by a meteorite than to win the lottery. This is certainly so. Assuming that the game is honest, the odds are roughly one in several hundred million. Even with these odds, lottery commissions are not satisfied. The lottery is rigged.

The giant multi-state and individual state lotteries are more fixed than pro wrestling. The jackpots go up and up, with no winners. People get lottery fever. Millions nationwide are willing to wait in a line just like the ones for bread in the former Soviet Union for the pipe dream of striking it rich. The rigging works like this: super computers keep track of each combination sold, and then the ping-pong balls are weighted to assure that a losing combination comes up. On rare occasions, all possible combinations are sold, and they must let someone win. Only then is the game honest.

Why? The lottery, which is a state-run version of the Mafia's numbers racket, is a great money grab scam, as long as it brings in more than it pays out. In the past, lotteries were abolished because they lost money.

The worst part of this is whom it hurts. The poor and desperate are the most common victims of lottery fever. Children go hungry and senior citizens go without their medication because of it. People prone to gambling addiction also blow huge sums.

We spoke with an employee at a state lottery agency. We can not reveal his name or even which state, as some of the same gangsters who ran the numbers racket now run the lottery, and they would kill him.

“Yes, I personally am involved in it. Lottery ping-pong balls have a small valve, like a basketball or soccer ball, only it’s very tiny, and nearly invisible. We use a hypodermic needle to inject heavier-than-air gasses such as radon into the balls we don’t want to come up. At first, we tried helium in the ones we did want to rise, but they jumped up so quickly that it was obvious. Lotteries are raking in much more than if the games were honest, and people don’t know they have literally no chance!”

“If you think about it logically, you certainly don’t play anyway. You are betting that you can predict which six of 45 or more balls are going to come out of the hopper. In some games, the order even matters! It’s a sucker’s bet, and that’s when it’s honest! Most drawings are rigged, making the odds zero in infinity! The lottery is not only a tax on people who don’t understand math; it is an unfair and unjust tax. Didn’t we have the American Revolution over taxes like that?”

You read it here first."

HaveABall's avatarHaveABall

Quote: Originally posted by Arrowhead on Mar 29, 2012

Insanity----

The Ohio annuity after-tax payment is $14,330,769 (26 payments)

I'm taking the annuity. Yes Nod

Oh, you are comfortable with continually informing the Lottery Headquarters of your:  primary address,  checking account and routing # to receive an "electronic transfer" of this game's 26 annual annuity payments?

Oh, you are comfortable with the ever increasing # of "hackers" who are drawn to attempting to break into various financial institutions and lottery headquarters' online client files?

Oh, you are comfortable with the available knowledge that the U.S.A. has been in it's biggest recession, these past 5.3 years, ever experienced?  Plus, the available knowledge that past Federal Income Taxes have been been higher than 51% and could return to OR even surpass that rate [this year the highest Federal Income Tax Bracket is at 35%, which still isn't low, yet is approximately what it has been for a couple of decades]?  Yet, also is the fact that several states have jumped on the 'increase state income tax % train' lately!

Interesting comfort levels ... White Bounce

LottoBoner

Quote: Originally posted by mcginnin56 on Mar 29, 2012

Early and later "Kung Fu" movies prior to and after Bruce lee classic Chinese fight  movies! Hit With Stick     LOL

I just saw a cool kung fu flick on netflix yesterday...it was legend of the fist!

He was kato from the green hornet...took place after one of those big wars...japanese vs chinese.

Good flick!Smash

Got a $20 wheel going for MM...got some family to pitch in!

Guru101's avatarGuru101

$279,000,000 after taxes. Woohoo!

Party

VenomV12

Quote: Originally posted by BuyLow on Mar 29, 2012

DON'T shoot the messenger....

 

I Just read this on another website I frequent.....I personally think it's bunk but hey we are talking about $$$$$$ so I suppose anything is possible.  They have security to prevent this from happening right??

 

"THE LOTTERY IS RIGGED

You may have heard that you are more likely to be hit on the head by a meteorite than to win the lottery. This is certainly so. Assuming that the game is honest, the odds are roughly one in several hundred million. Even with these odds, lottery commissions are not satisfied. The lottery is rigged.

The giant multi-state and individual state lotteries are more fixed than pro wrestling. The jackpots go up and up, with no winners. People get lottery fever. Millions nationwide are willing to wait in a line just like the ones for bread in the former Soviet Union for the pipe dream of striking it rich. The rigging works like this: super computers keep track of each combination sold, and then the ping-pong balls are weighted to assure that a losing combination comes up. On rare occasions, all possible combinations are sold, and they must let someone win. Only then is the game honest.

Why? The lottery, which is a state-run version of the Mafia's numbers racket, is a great money grab scam, as long as it brings in more than it pays out. In the past, lotteries were abolished because they lost money.

The worst part of this is whom it hurts. The poor and desperate are the most common victims of lottery fever. Children go hungry and senior citizens go without their medication because of it. People prone to gambling addiction also blow huge sums.

We spoke with an employee at a state lottery agency. We can not reveal his name or even which state, as some of the same gangsters who ran the numbers racket now run the lottery, and they would kill him.

“Yes, I personally am involved in it. Lottery ping-pong balls have a small valve, like a basketball or soccer ball, only it’s very tiny, and nearly invisible. We use a hypodermic needle to inject heavier-than-air gasses such as radon into the balls we don’t want to come up. At first, we tried helium in the ones we did want to rise, but they jumped up so quickly that it was obvious. Lotteries are raking in much more than if the games were honest, and people don’t know they have literally no chance!”

“If you think about it logically, you certainly don’t play anyway. You are betting that you can predict which six of 45 or more balls are going to come out of the hopper. In some games, the order even matters! It’s a sucker’s bet, and that’s when it’s honest! Most drawings are rigged, making the odds zero in infinity! The lottery is not only a tax on people who don’t understand math; it is an unfair and unjust tax. Didn’t we have the American Revolution over taxes like that?”

You read it here first."

Even if this were true, it really would not change things. As long as you pick the correct rigged numbers you will still win so not really an issue. Seeing as the last chances to play end an hour before the drawing, they would have to have access to all the numbers from every store in every state and then have less than an hour to determine which numbers were not played and then rig the appropriate balls which would be a Herculean task in itself.

ashabug725's avatarashabug725

Quote: Originally posted by VenomV12 on Mar 29, 2012

Even if this were true, it really would not change things. As long as you pick the correct rigged numbers you will still win so not really an issue. Seeing as the last chances to play end an hour before the drawing, they would have to have access to all the numbers from every store in every state and then have less than an hour to determine which numbers were not played and then rig the appropriate balls which would be a Herculean task in itself.

Not even an hour.. I've bought a ticket at 948/1048 before the drawing same night... don't they draw at like 10/11?? very little time but not impossible i suppose!

diamondpalace's avatardiamondpalace

Wonder why they keep changing the estimated value? The headquarter know right away any winning tickets in each prizes and the total amount of tickets purchased in every states. Yet the jackpot is "estimated" and change frequently. Not that I complain about the increase value, however why don't they get it right instead of keep guessing.

mcginnin56

Quote: Originally posted by maximumfun on Mar 29, 2012

Sweetie - you don't have to identify yourself each time you post.  Your name is to the left of your post so we all know its you.

Don't be to harsh on the college lad max, weren't you and I college students once?  Roll Eyes

Uff Da!'s avatarUff Da!

Quote: Originally posted by VenomV12 on Mar 29, 2012

There was a guy on one of those Lottery Made Me Rich shows that said he did that so I am pretty sure it is possible. If I recall he won maybe close to $200 million also so it was either a Mega Millions or Powerball jackpot. The Mega Millions is not a state run lottery so I don't think they would have to adhere to the regulations of a particular state anyway.

New one on me!  If you (or anyone else) comes across any more details on this as to which lottery, in what state, etc., please post, as I'd be interested.  I thought even MM and PB had to adhere to the rules of the individual state in which it was won.

ashabug725's avatarashabug725

Quote: Originally posted by diamondpalace on Mar 29, 2012

Wonder why they keep changing the estimated value? The headquarter know right away any winning tickets in each prizes and the total amount of tickets purchased in every states. Yet the jackpot is "estimated" and change frequently. Not that I complain about the increase value, however why don't they get it right instead of keep guessing.

The more they raise the 'estimated value' the more people talk and the more attention it gets... resulting in more sales... why put 500 million out there if u can sell x amount of tix at 476.. and then x amount more once ppl see 1/2billion... all marketing

tomlarson2009's avatartomlarson2009

Well, rarely do I buy tickets, but this got me going, not every day we have a record jackpot. People at the "7-Eleven" were telling me they were using numbers of their family birthdays, some other crazy strategies, one guy said "play my numbers and we will take that jackpot". ;) Well, good luck to all of you, by the way there was a nice girl selling Mega tickets at this store, and I gave my word to give her a % of this jackot if I'm the winner :).

sirbrad's avatarsirbrad

Why doesn't the jackpot analysis show the full annuity payments for each year like PB does on USAMEGA?

diamondpalace's avatardiamondpalace

Quote: Originally posted by ashabug725 on Mar 29, 2012

The more they raise the 'estimated value' the more people talk and the more attention it gets... resulting in more sales... why put 500 million out there if u can sell x amount of tix at 476.. and then x amount more once ppl see 1/2billion... all marketing

Which means it could most likely increase again Friday noon and one more before 3pm, and another one at 7pm. This could leave some room for them to pocket some few millions that were not included in the estimated value. Since it was not reported to the public.

rad242

Quote: Originally posted by BuyLow on Mar 29, 2012

DON'T shoot the messenger....

 

I Just read this on another website I frequent.....I personally think it's bunk but hey we are talking about $$$$$$ so I suppose anything is possible.  They have security to prevent this from happening right??

 

"THE LOTTERY IS RIGGED

You may have heard that you are more likely to be hit on the head by a meteorite than to win the lottery. This is certainly so. Assuming that the game is honest, the odds are roughly one in several hundred million. Even with these odds, lottery commissions are not satisfied. The lottery is rigged.

The giant multi-state and individual state lotteries are more fixed than pro wrestling. The jackpots go up and up, with no winners. People get lottery fever. Millions nationwide are willing to wait in a line just like the ones for bread in the former Soviet Union for the pipe dream of striking it rich. The rigging works like this: super computers keep track of each combination sold, and then the ping-pong balls are weighted to assure that a losing combination comes up. On rare occasions, all possible combinations are sold, and they must let someone win. Only then is the game honest.

Why? The lottery, which is a state-run version of the Mafia's numbers racket, is a great money grab scam, as long as it brings in more than it pays out. In the past, lotteries were abolished because they lost money.

The worst part of this is whom it hurts. The poor and desperate are the most common victims of lottery fever. Children go hungry and senior citizens go without their medication because of it. People prone to gambling addiction also blow huge sums.

We spoke with an employee at a state lottery agency. We can not reveal his name or even which state, as some of the same gangsters who ran the numbers racket now run the lottery, and they would kill him.

“Yes, I personally am involved in it. Lottery ping-pong balls have a small valve, like a basketball or soccer ball, only it’s very tiny, and nearly invisible. We use a hypodermic needle to inject heavier-than-air gasses such as radon into the balls we don’t want to come up. At first, we tried helium in the ones we did want to rise, but they jumped up so quickly that it was obvious. Lotteries are raking in much more than if the games were honest, and people don’t know they have literally no chance!”

“If you think about it logically, you certainly don’t play anyway. You are betting that you can predict which six of 45 or more balls are going to come out of the hopper. In some games, the order even matters! It’s a sucker’s bet, and that’s when it’s honest! Most drawings are rigged, making the odds zero in infinity! The lottery is not only a tax on people who don’t understand math; it is an unfair and unjust tax. Didn’t we have the American Revolution over taxes like that?”

You read it here first."

At some point someone has to win

And if this theory had any validity, the Powerball is doing a POOR JOB of RIGGING because over the last three jackpot wins they have lost money!

dpoly1's avatardpoly1

I haven't seen any lines at the stores where I live!

Uff Da!'s avatarUff Da!

No lottery lines in either the convenience store or our main grocery store when I was there an hour or so ago.  There was only one clerk in the convenience store and I didn't even have to wait for anyone buying beer or cigarettes.

Guru101's avatarGuru101

Quote: Originally posted by sirbrad on Mar 29, 2012

Why doesn't the jackpot analysis show the full annuity payments for each year like PB does on USAMEGA?

The Mega Millions jackpot analysis page shows the yearly payment on the left side. Unlike Powerball, Mega Millions doesn't progressively increase each year. Instead, it is divided over 26 years, each of which is an equal payment. So for Indiana, the yearly payment would be $14,870,769 after taxes.

rad242

Quote: Originally posted by dpoly1 on Mar 29, 2012

I haven't seen any lines at the stores where I live!

You know how it is around Xmas time - LAST MINUTE SHOPPERS!

smooth11484's avatarsmooth11484

Quote: Originally posted by rad242 on Mar 29, 2012

You do realize that this conversation around this jackpot has been going on for over a week correct? Most have talked about taking care of family and loved ones and for people like me it's a given so it doesn't make me less of a person if I don't broadcast it over lottery post - lol. I like the angle we're focused on now as we're pooling as it were very helpful tips on money management that will assist any one of us who in time may win a jackpot. Managing the windfall well is paarmount to helping yourself, family, friends and charities in a more constructive way.

dude spare me

HaveABall's avatarHaveABall

Quote: Originally posted by sirbrad on Mar 29, 2012

Why doesn't the jackpot analysis show the full annuity payments for each year like PB does on USAMEGA?

Because, sirbrad, different lottery companies run each game. Consequently, PB chose to increase annuity payment by 4% each 29 annual payments, yet MM chose to pay out each of their 26 annual annuity payments at the same amount each time.  Note that both ways would require the winning receiver to pay the top Federal Income Tax Bracket each payment though.

Wink

GYM RICE

Awesome!!!This thing may just get to 600m...And for anyone thinking of the annunity, I know it sounds inviting, but taxes for sure will never go down again. They will only go up. We could easily see the high end tax of federal alone over the next 10 years jump over 50%. That is a lot of money to leave on the table.

smooth11484's avatarsmooth11484

Quote: Originally posted by mcginnin56 on Mar 29, 2012

Yeah, gotta love these southern state family values!  Lovies

wtf lottery post who is this guy??? see the white man got yall thinking about trust funds and saving, in GOD i trust i pity internet thugs

smooth11484's avatarsmooth11484

Quote: Originally posted by ashabug725 on Mar 29, 2012

I almost peed a little while reading that... Such an amazing translation!!! the inner city did a great job learning you ;-) Lmao

shame ful racist remarks and we are talking about lottery, what america has become n i bet you will pee your self in the inner city

smooth11484's avatarsmooth11484

Quote: Originally posted by kyokushin187 on Mar 29, 2012

What point were trying to make in your post?I almost stopped reading after the first so called( fragmented) sentence.I think some of you guys skipped English lit class.

im confused , are we interpeting english, or are we talking bout lottery?

mcginnin56

Quote: Originally posted by diamondpalace on Mar 29, 2012

Wonder why they keep changing the estimated value? The headquarter know right away any winning tickets in each prizes and the total amount of tickets purchased in every states. Yet the jackpot is "estimated" and change frequently. Not that I complain about the increase value, however why don't they get it right instead of keep guessing.

This is an unprecedented lottery.  When Jackpots get this high (Record high for USA, ever!), ticket spending is beyond all comprehension.

The "estimated" Jackpot is just a guideline only. Lotteries in the past have had may occurrences where the jackpot was "upped' because

of insane sales activity.

 

The lottery has no crystal ball to predict such incredible surges in sales. However in this instance, with a world record lottery at stake, it is no

surprise of these regular lottery increases. (not roll overs).

 

They are not "guessing" at anything, just following the sales of tickets of the now "Biggest Lottery in the World" and adjusting the Jackpot

accordingly. And why shouldn't they be doing this? This is a "win win" for everybody included! Players, states, education programs and our economy!

dallascowboyfan's avatardallascowboyfan

Quote: Originally posted by Win$500Quick on Mar 29, 2012

Update: Back from Georgia safe and sound with the winning ticket. Once I crossed the state line I spotted the Mega Millions billboard I got so excited.  I went to several stores and there were no lines anywhere. I bought a mix of my own picks and quick picks with advance play for Friday and Tuesday in case it rolls again. I can see the headline already Florida resident hijacks the jackpot or something more catchy like Florida Resident made off with money like Bernie. LOL. Good luck everyone.

glad you made it safe Win......Thumbs Up

smooth11484's avatarsmooth11484

sorry massa's my english isnt to swell is this hows yall want me ta talk.


gtfoh

ashabug725's avatarashabug725

Quote: Originally posted by smooth11484 on Mar 29, 2012

im confused , are we interpeting english, or are we talking bout lottery?

Were just talking... didn't realize we had a forum Nazi!!!

Table

If I was the only winner of it I think I would wear a hood and sunglasses when I went to claim it, change my last name to something like smith, and find somebody with that same exact name and offer to buy their house for 3X whats it's worth, so it would be really hard for people to find me.

smithsterj

My mom and my brother live in southern Florida, so in ordered for them to play i got their numbers and will play them here in Arizona...this avoids them having to

drive to Georgia. Anyway, good luck...Im sure Floridian's will be crossing the border to Georgia tommorrow to buy up last minute tickets...

rad242

Quote: Originally posted by Table on Mar 29, 2012

If I was the only winner of it I think I would wear a hood and sunglasses when I went to claim it, change my last name to something like smith, and find somebody with that same exact name and offer to buy their house for 3X whats it's worth, so it would be really hard for people to find me.

My surname isn't Smith but I have a house that I would gladly sell at three times its current market value - lol!

smooth11484's avatarsmooth11484

Quote: Originally posted by ashabug725 on Mar 29, 2012

Were just talking... didn't realize we had a forum Nazi!!!

#nobody cares

sirbrad's avatarsirbrad

Quote: Originally posted by HaveABall on Mar 29, 2012

Because, sirbrad, different lottery companies run each game. Consequently, PB chose to increase annuity payment by 4% each 29 annual payments, yet MM chose to pay out each of their 26 annual annuity payments at the same amount each time.  Note that both ways would require the winning receiver to pay the top Federal Income Tax Bracket each payment though.

Wink

OK so the MM payments are the same each year? That is better. PB likes to not give you the big money until 25-30 years, and hopes you are not around then. With this much money I really don't care what the taxes are as after the taxes I will still have more money than I ever will spend.

VenomV12

Quote: Originally posted by smooth11484 on Mar 29, 2012

sorry massa's my english isnt to swell is this hows yall want me ta talk.


gtfoh

Just as I suspected. 

Obvious troll is obvious. 

mcginnin56

Quote: Originally posted by Table on Mar 29, 2012

If I was the only winner of it I think I would wear a hood and sunglasses when I went to claim it, change my last name to something like smith, and find somebody with that same exact name and offer to buy their house for 3X whats it's worth, so it would be really hard for people to find me.

Careful, Table. By paying  3x the market value you are automatically putting yourself under suspicion. Why would anyone rational person do this?

Maybe because they won the lottery?  Yes Nod

brees2012's avatarbrees2012

Quote: Originally posted by golfer1960 on Mar 29, 2012

2011 Cadillac CTS Luxury - $32,495  Hyper

I just like it! Nothing imported or super expensive but I'd buy one!

My cousin , he brought him one of these cars ............

Then his wife brought her a SUV............

My dream is Lexus SUV ( blue ) ..........today I seen an MKZ SUV and I think , I like it

when it comes down to it , by the time I buy an SUV , I'll change my mind ..............

The way gasoline prices are it will end up with a car ...lol ....

sirbrad's avatarsirbrad

Soon as I win I will be setting up my PM inbox with an auto reply of No Pity!for all messages.

Simba774

Quote: Originally posted by Jill34786 on Mar 29, 2012

Golden Corral?Crazy

No. We don't like them anymore. We went last year and the food was not as good as last time we went. It sucked.

rad242

Quote: Originally posted by mcginnin56 on Mar 29, 2012

Careful, Table. By paying  3x the market value you are automatically putting yourself under suspicion. Why would anyone rational person do this?

Maybe because they won the lottery?  Yes Nod

Back off! Sound advice is not what I need you dishing out right now. I have a house to sell!

smooth11484's avatarsmooth11484

Quote: Originally posted by VenomV12 on Mar 29, 2012

Just as I suspected. 

Obvious troll is obvious. 

ok i quit, you guys get the point, chill we are all shooting to win dont shoot someone down because the way they type over the internet. all this typing and forum stuff is not real. ever thought about people being on there cell phones and harder to type #shrttextn

BBLL's avatarBBLL

what if there is 1 winner?

brees2012's avatarbrees2012

     I had a debate with a family member about the lottery .....

     If I won the lottery , turn in the ticket , (after all paperwork is done etcc )

     do you get a check afterwords ? I say you do , my family member says No .

     What is the Real Answer ...........Thank you .......

smithsterj

Hmmmm...any expert will tell you to higher a lawyer or tax consultant...i would take the check..question is "where/which bank to deposit" and how

distribut to your family or do you buy a houses/cars ect.. and sell it to them for a $1?

mcginnin56

Quote: Originally posted by brees2012 on Mar 29, 2012

     I had a debate with a family member about the lottery .....

     If I won the lottery , turn in the ticket , (after all paperwork is done etcc )

     do you get a check afterwords ? I say you do , my family member says No .

     What is the Real Answer ...........Thank you .......

The real answer is that your "family" member will cash and deposit the check before you ever see it.  Crying

mcginnin56

Quote: Originally posted by rad242 on Mar 29, 2012

Back off! Sound advice is not what I need you dishing out right now. I have a house to sell!

I'm backing off....very....very....slowly.     Yes Nod

mcginnin56

Quote: Originally posted by smooth11484 on Mar 29, 2012

ok i quit, you guys get the point, chill we are all shooting to win dont shoot someone down because the way they type over the internet. all this typing and forum stuff is not real. ever thought about people being on there cell phones and harder to type #shrttextn

Welcome to LP smooth!

BuyLow's avatarBuyLow

Shirts for everyone....I place another order today!!

 

smithsterj

Quote: Originally posted by BuyLow on Mar 29, 2012

Shirts for everyone....I place another order today!!

 

Awesome!!!

TheGameGrl's avatarTheGameGrl

Quote: Originally posted by mcginnin56 on Mar 29, 2012

The real answer is that your "family" member will cash and deposit the check before you ever see it.  Crying

I second that notion!! Technically tell your family you will get a REALITY CHECK and deal with the money as you dern well please :) 

Yes in some states they actually DO regulate by check. Check with your state lottery website to see the process of payment.

smithsterj

Quote: Originally posted by TheGameGrl on Mar 29, 2012

I second that notion!! Technically tell your family you will get a REALITY CHECK and deal with the money as you dern well please :) 

Yes in some states they actually DO regulate by check. Check with your state lottery website to see the process of payment.

I would deffenitly take care of the family...thats why i suggest highering a lawyer/tax attorney..

CDanaT's avatarCDanaT

Quote: Originally posted by BuyLow on Mar 29, 2012

Shirts for everyone....I place another order today!!

 

I will take an XL......Can you change the bottom section to "I am not the Federal Reserve" on mine..please n thanks

dallascowboyfan's avatardallascowboyfan

Quote: Originally posted by BuyLow on Mar 29, 2012

Shirts for everyone....I place another order today!!

 

Sweet!!!!!!!!!!!!!!!!!!!!

TheGameGrl's avatarTheGameGrl

Our news station interviewed a Company GROUP. SO far 135 members are in the lottery pool. They each chimed in with there "dream" winning ideas. Seriously with that many they are cutting the pie to thin.....

dallascowboyfan's avatardallascowboyfan

Quote: Originally posted by smooth11484 on Mar 29, 2012

ok i quit, you guys get the point, chill we are all shooting to win dont shoot someone down because the way they type over the internet. all this typing and forum stuff is not real. ever thought about people being on there cell phones and harder to type #shrttextn

now that the" War of the Words" has passed welcome to the LP smooth11484.... Thumbs Up

smithsterj

Quote: Originally posted by TheGameGrl on Mar 29, 2012

Our news station interviewed a Company GROUP. SO far 135 members are in the lottery pool. They each chimed in with there "dream" winning ideas. Seriously with that many they are cutting the pie to thin.....

Yea that wouldnt leave much for profit...under 2 million a peice after taxes...ouch!!!

rad242

Quote: Originally posted by smithsterj on Mar 29, 2012

Yea that wouldnt leave much for profit...under 2 million a peice after taxes...ouch!!!

I would sooner play scratch offs. No real player plays to win 2mil

brees2012's avatarbrees2012

Quote: Originally posted by Guru101 on Mar 29, 2012

$279,000,000 after taxes. Woohoo!

Party

When , I win the lottery , I'll be sharing my money with Families , Friends , Organizations ....

I'll be Blessed ,  Appreciated , Thrilled , Excited , Happy , Overwhelmed , Surreal

to the Lottery Officials ..............

PartyX    536 Million Dollars 

BananaDance

smithsterj

Although any person wouldnt mind...in this day and age..2 million is not much after paying off bills, buying a new house/cars ect...and of course helping family members..

you'd be back to square one..broke lol

BuyLow's avatarBuyLow

Just a guess but I think by the time all of us weary headed dreamers wake up, this MONSTER will have been raised again.  Brilliant strategy to BOOST sales!!!

maximumfun's avatarmaximumfun

Quote: Originally posted by mcginnin56 on Mar 29, 2012

Don't be to harsh on the college lad max, weren't you and I college students once?  Roll Eyes

mcginnin - was I a college student...

shoot when I was in school we used coal and the back of a shovel to write our notes...

you actually 'spect me to remember that far back? ...

and I called him 'sweetie'... I guess I could have tossed in there 'ubbie-doobie-sweetums' just to make sure he knew I wasn't bad-talking him... but I didnt want to go into a diabetic coma.  **insert heavy dramatic sigh here**

Jill34786's avatarJill34786

Quote: Originally posted by TheGameGrl on Mar 29, 2012

Our news station interviewed a Company GROUP. SO far 135 members are in the lottery pool. They each chimed in with there "dream" winning ideas. Seriously with that many they are cutting the pie to thin.....

No doubt! roughly 2mil a piece. If they all chipped in $20 each, I wonder how long it took to get the ticketsSleep

maximumfun's avatarmaximumfun

Quote: Originally posted by rad242 on Mar 29, 2012

At some point someone has to win

And if this theory had any validity, the Powerball is doing a POOR JOB of RIGGING because over the last three jackpot wins they have lost money!

I Agree!

smithsterj

someone is standing in line for quite awhile..imagine being the clerk and making sure you get it right! THE PRESSURE!

cfazzari

My group has 100 people. I've managed it via spreadsheets since 2004. $5 Each - $255 tomorrow night - another $250 in reserve just in case.

WesternRedDoug

Quote: Originally posted by BBLL on Mar 29, 2012

what if there is 1 winner?

I would hope to not see the lone winner with the big goofy check in less than a week. If we do see the press conference next week, we'll know they aren't an LP member.

Sometime this summer, I'd love to hear a radio story, "lottery officials are confirming that six weeks ago, an attorney representing a now defunct LLC claimed and collected last spring's blockbuster Mega Millions jackpot. No other details are available."

brees2012's avatarbrees2012

 My family members will NOT know , I'm a winner until all business is taken care of .

 In time , they will know , but not before . To much planning goes into this .

 "A person , with a plan ".......

JAP69's avatarJAP69

I just blew my total mega millions yearly budget on the big drawing coming up.

$1.00

Jack-in-the-Box

smithsterj

Quote: Originally posted by cfazzari on Mar 29, 2012

My group has 100 people. I've managed it via spreadsheets since 2004. $5 Each - $255 tomorrow night - another $250 in reserve just in case.

Good luck..this time around i picked every number...$50 worth..but my wife says she will throw in an extra $25 worth of quick picks..so none the less

"we are happy" with that decsion

JWBlue
My prediction:
2 winning tickets.
1 from a pool of 20 people.  1 individual.
rad242

Quote: Originally posted by JAP69 on Mar 29, 2012

I just blew my total mega millions yearly budget on the big drawing coming up.

$1.00

Jack-in-the-Box

Wow!

Above all else self control. I wish I had warning you would be this wreckless - lol! Join a support group

brees2012's avatarbrees2012

   The day you turn in ticket , do you get a check the day after ???

sirbrad's avatarsirbrad

Quote: Originally posted by brees2012 on Mar 29, 2012

   The day you turn in ticket , do you get a check the day after ???

The lottery told me once it takes 2-4 weeks to process. But the bank will give you a nice loan.

BBLL's avatarBBLL

Quote: Originally posted by JWBlue on Mar 29, 2012

My prediction:
2 winning tickets.
1 from a pool of 20 people.  1 individual.

I think one person will win.

brees2012's avatarbrees2012

Quote: Originally posted by sirbrad on Mar 29, 2012

The lottery told me once it takes 2-4 weeks to process. But the bank will give you a nice loan.

 Thank you for your answer .............do appreciate it ..............

mightwin's avatarmightwin

Quote: Originally posted by Jill34786 on Mar 29, 2012

For 2010-2012 the max gift tax rate is $5mil and 35%. In 2009 it was $3.5mil and either 45-55%. Before 2001 prior to the Bush tax cut it was 675K .You are allowed to gift $13k per year or 26k as a married couple.

For 2013, it may revert back to 1Mil and at least 45% on anything over.

Thanks Jill34768, Man the government gets their chunk in the beginning and if I wanted to be nice and give my parents some, it wouldnt be worth it.

GunaWin

Lottery changed my life on TLC...

Terry & Shanon Hamilton won 9 million in the Oregon megabucks lottery. 4/7/10

They were able to split the money, part cash and part annuity..$2,250,000 cash and $180,000 a year for the annuity... 

 

Good luck Friday Smile

maximumfun's avatarmaximumfun

OK.  I have one for the masses here.  This is one I have never run into before.  I am a... for lack of a better phrase - contract employee.  I work for myself but with several different companies.  One of the companies who owes me ALOT of back pay (I invoice per project),

today as I was dropping off my last invoice (no more work until I get paid - they are 120 days out already)... gave me an envelope and the district manager gave me a wink and a nod saying that he would see me on Monday as he was certain that what was in the envelope would 'more than cover all my outstanding invoices'. 

I was puzzled, but pulled off my gloves, and opened the envelope... to find **5 MM tickets inside**  each ticket had **1** line.  I looked at him and said 'you ARE kidding me right?  this is your idea of some kind of a joke'

um... no they werent kidding.  evidently the COO in a moment of 'brilliance' went out and purchased 1 MM ticket per outstanding invoice for ALL their vendors.  all the others (I was assured) were willing to 'play ball' so they were mystified as to why I was not.

UNBELIEVABLE. 23,000+ in outstanding invoices and they give me 5MM tickets.  my dh still is laughing at my frustration.  they wiill SO not be seeing me on Monday.

OH - I forgot the best part.  They were self selected numbers that they made record of so that they will know who wins with the tickets they purchased.

kyokushin187's avatarkyokushin187

If i were so lucky to win i would open a kyokushin dojo(non profit) since i have earned my 3rd dan(degree). I wonder if pb will let the jp rise so that they can be apart of this madness?good luck to everyone.

LotteryLeroy

Quote: Originally posted by JWBlue on Mar 29, 2012

My prediction:
2 winning tickets.
1 from a pool of 20 people.  1 individual.

Thank you for recognizing me as the individual Blue.  I am truly humbled.  By the way... the answer to your question is NO!

sandia's avatarsandia

My prediction. Likely 100, second tier winners. 1 ticket shall hit it, NorthEast. My mind is leaning towards Pennsylvania. Dpoly, you might get your wish. Oh and it might very well be a quickpick.

PS: The jackpot would increase to $580 million before the draw, the sales in Texas are crazy!

bigboy90000

Driving out to georgia after work to buy 190 tickets.

Littleoldlady's avatarLittleoldlady

Quote: Originally posted by maximumfun on Mar 29, 2012

OK.  I have one for the masses here.  This is one I have never run into before.  I am a... for lack of a better phrase - contract employee.  I work for myself but with several different companies.  One of the companies who owes me ALOT of back pay (I invoice per project),

today as I was dropping off my last invoice (no more work until I get paid - they are 120 days out already)... gave me an envelope and the district manager gave me a wink and a nod saying that he would see me on Monday as he was certain that what was in the envelope would 'more than cover all my outstanding invoices'. 

I was puzzled, but pulled off my gloves, and opened the envelope... to find **5 MM tickets inside**  each ticket had **1** line.  I looked at him and said 'you ARE kidding me right?  this is your idea of some kind of a joke'

um... no they werent kidding.  evidently the COO in a moment of 'brilliance' went out and purchased 1 MM ticket per outstanding invoice for ALL their vendors.  all the others (I was assured) were willing to 'play ball' so they were mystified as to why I was not.

UNBELIEVABLE. 23,000+ in outstanding invoices and they give me 5MM tickets.  my dh still is laughing at my frustration.  they wiill SO not be seeing me on Monday.

OH - I forgot the best part.  They were self selected numbers that they made record of so that they will know who wins with the tickets they purchased.

and that is supposed to replace the money they owe you?  That is really someone's idea of a very bad joke.  I would keep the envelope and tickets for the lawyers.

searching4luck

do all states give you the option of part annuity part cash?

LotteryLeroy

Quote: Originally posted by BuyLow on Mar 29, 2012

Just a guess but I think by the time all of us weary headed dreamers wake up, this MONSTER will have been raised again.  Brilliant strategy to BOOST sales!!!

Hand me the butter knife out of the draw and stand back... I have a MONSTER to take down! Surrender

dallascowboyfan's avatardallascowboyfan

Quote: Originally posted by LotteryLeroy on Mar 29, 2012

Hand me the butter knife out of the draw and stand back... I have a MONSTER to take down! Surrender

Welcome to the LP LotteryLeroy.....Thumbs Up

smithsterj

Quote: Originally posted by bigboy90000 on Mar 29, 2012

Driving out to georgia after work to buy 190 tickets.

I asked my mom/brother for thier numbers...they live in southern florida...this is so they dont have to drive to georgia..anyway good luck..im playing $75 here in arizona

bigboy90000

After seeing the lines 1900 tickets I need to win .

brees2012's avatarbrees2012

 There's a husband and wife who won, millions from the lottery , they didn't have to hide from anyone . 

 They live out in the country , neighbors doesn't  live close. After they won , the whole family went to

 Iowa to gamble,  they won playing the slots , no one knew who they were . They havn't changed

 since they won . Same ole people . Where they live , they will fit right in , farmers out there are rich .

 You don't have to impress anyone .   Just be yourself ..........

gogidolim

 I can't remember where but I read that the chance of having one single winner after $500millions is less than 20%.

KY Floyd's avatarKY Floyd

Quote: Originally posted by Eagles215 on Mar 29, 2012

I hope so to driving to NJ tomorrow to buy a FEW lol.

Then you'd better hope you lose. Depending on where in Philly you live and how many tickets you buy, it could cost $25, $50, or $100 to drive to Jersey and buy some losers. Driving to Jersey and buying a winner, OTOH, could cost as much as $40 million.

LotteryLeroy

Quote: Originally posted by dallascowboyfan on Mar 29, 2012

Welcome to the LP LotteryLeroy.....Thumbs Up

Thanks DCF.  Long time listener, first time caller.

LotteryLeroy

... and from this $540 million, respective of my termite relatives, I graciously give an amount 10X what you have provided my immediate family during times of need.  Now for the remaining $540 million...  Wink

Piaceri

Quote: Originally posted by Arrowhead on Mar 29, 2012

Off topic here, but like your 'Friday Night Lights' signature. Great, great show. Catching up on it through Netflix.

Continuing off topic.... thanks! I love that show. I started a marathon myself last weekend. I finished 2 seasons through Monday night. Season 3 starts Saturday. Clear eyes, full hearts, CAN'T LOSE!!Dance

dr65's avatardr65

Quote: Originally posted by LotteryLeroy on Mar 29, 2012

... and from this $540 million, respective of my termite relatives, I graciously give an amount 10X what you have provided my immediate family during times of need.  Now for the remaining $540 million...  Wink

LOL!

dallascowboyfan's avatardallascowboyfan

Quote: Originally posted by LotteryLeroy on Mar 29, 2012

... and from this $540 million, respective of my termite relatives, I graciously give an amount 10X what you have provided my immediate family during times of need.  Now for the remaining $540 million...  Wink

LOL... I think we all got a couple of termite relatives...Green laugh

maximumfun's avatarmaximumfun

Quote: Originally posted by LotteryLeroy on Mar 29, 2012

... and from this $540 million, respective of my termite relatives, I graciously give an amount 10X what you have provided my immediate family during times of need.  Now for the remaining $540 million...  Wink

Funny... I don't recall seeing you at the family picnic this year...

maximumfun's avatarmaximumfun

The MM home page has an odd topper right now.  108M is what is listed as the new jackpot... with draw date = March 2, 2012

hmm... think they are gearing up for another increase and someone messed up?

BuyLow's avatarBuyLow

Quote: Originally posted by LotteryLeroy on Mar 29, 2012

... and from this $540 million, respective of my termite relatives, I graciously give an amount 10X what you have provided my immediate family during times of need.  Now for the remaining $540 million...  Wink

!-800-TERMINIX   Seriously.  Why are the relatives the <snip>ING worst???

This post has been automatically changed by the Lottery Post computer system to remove inappropriate content and/or spam.

LotteryLeroy

Quote: Originally posted by maximumfun on Mar 29, 2012

Funny... I don't recall seeing you at the family picnic this year...

Don't you remember?  I was in the Yugo that was broken down by the side of the road.  You mooned me as you drove past and threw a beer bottle and as I dodged it I slipped in that culvert.  Fortunately, the downpour washed the mud off.

maximumfun's avatarmaximumfun

Quote: Originally posted by LotteryLeroy on Mar 29, 2012

Don't you remember?  I was in the Yugo that was broken down by the side of the road.  You mooned me as you drove past and threw a beer bottle and as I dodged it I slipped in that culvert.  Fortunately, the downpour washed the mud off.

Man!  Those were the days hmm?

dallascowboyfan's avatardallascowboyfan

Quote: Originally posted by LotteryLeroy on Mar 29, 2012

Don't you remember?  I was in the Yugo that was broken down by the side of the road.  You mooned me as you drove past and threw a beer bottle and as I dodged it I slipped in that culvert.  Fortunately, the downpour washed the mud off.

LOL... you so crazyGreen laugh

LotteryLeroy

Quote: Originally posted by maximumfun on Mar 29, 2012

Man!  Those were the days hmm?

That they were.  Hey, do you know where I can  get some used parts for my Yugo?  I would like to have something to drive again.  Thud

maximumfun's avatarmaximumfun

Quote: Originally posted by LotteryLeroy on Mar 29, 2012

That they were.  Hey, do you know where I can  get some used parts for my Yugo?  I would like to have something to drive again.  Thud

Saddly we sold all our lawn ornaments...er... broken down Yugo's already to feed our habit for MM tickets.  Roll Eyes

LotteryLeroy

Quote: Originally posted by maximumfun on Mar 29, 2012

The MM home page has an odd topper right now.  108M is what is listed as the new jackpot... with draw date = March 2, 2012

hmm... think they are gearing up for another increase and someone messed up?

108M is what it was for the 03/02/12 drawing.  Interesting... I'm still calling it at $624M with one other winner besides myself.   Lep

VenomV12

Quote: Originally posted by maximumfun on Mar 29, 2012

Saddly we sold all our lawn ornaments...er... broken down Yugo's already to feed our habit for MM tickets.  Roll Eyes

Considering how rare Yugos probably are now these days, they are probably actually worth a lot of money.

LotteryLeroy

Quote: Originally posted by VenomV12 on Mar 29, 2012

Considering how rare Yugos probably are now these days, they are probably actually worth a lot of money.

You are probably right Venom!  I can go claim my lottery jackpot in rare style!!!  Ummm... can somebody help push?

maximumfun's avatarmaximumfun

Quote: Originally posted by VenomV12 on Mar 29, 2012

Considering how rare Yugos probably are now these days, they are probably actually worth a lot of money.

Too bad I didnt really have any then.  Bummer... I didnt invest in Gold before it went so high... I missed buying MicroSoft when it had its big dip and now I have missed out on the 3rd great investment opportunity... the Yugo.  I best get myself a drink for consolation... Sun Smiley

LotteryLeroy

Quote: Originally posted by maximumfun on Mar 29, 2012

Too bad I didnt really have any then.  Bummer... I didnt invest in Gold before it went so high... I missed buying MicroSoft when it had its big dip and now I have missed out on the 3rd great investment opportunity... the Yugo.  I best get myself a drink for consolation... Sun Smiley

I am sure you are speaking of pu'ehr from your vintage tea room.  You did purchase it before it became $1000 an ounce didn't you?

maximumfun's avatarmaximumfun

Quote: Originally posted by LotteryLeroy on Mar 29, 2012

I am sure you are speaking of pu'ehr from your vintage tea room.  You did purchase it before it became $1000 an ounce didn't you?

Ok for those of you who didnt know (like me)

Pu'er, Pu-erh, Puer, also Po Lei or Bolay is a variety of post-fermented tea produced in Yunnan province, China.  Post-fermentation is a tea production style in which the tea leaves undergo a microbial fermentation process after they are dried and rolled.  This is a Chinese speciality adn is sometimes referred to as dark tea. (thank you wiki-p)

LL - you got me... you go from Yugo's to fermented tea.  Actually (truth be told) my 'drink' is a glass of water with a tablespoon of apple cidar vinegar in it.  (arent you glad I overshared?)

PrisonerSix

Louisiana only joined MegaMillions recently and we haven't had a big winner yet. Louisiana needs its first big winner and this would be the perfect jackpot for that. I have a dozen tickets of my own, as well as my lottery pool with my coworkers. At the level it's at now, I'll take either one.

dallascowboyfan's avatardallascowboyfan

Quote: Originally posted by LotteryLeroy on Mar 29, 2012

You are probably right Venom!  I can go claim my lottery jackpot in rare style!!!  Ummm... can somebody help push?

please tell me LL your Yugo isn't sitting on 20's...LOL...Green laugh

Jill34786's avatarJill34786

Quote: Originally posted by mightwin on Mar 29, 2012

Thanks Jill34768, Man the government gets their chunk in the beginning and if I wanted to be nice and give my parents some, it wouldnt be worth it.

You can include your parents in your trust/LLC and dictate how much you want them to have. That would resolve any future transfer tax issues.

LotteryLeroy

Quote: Originally posted by dallascowboyfan on Mar 29, 2012

please tell me LL your Yugo isn't sitting on 20's...LOL...Green laugh

I'm not sure what that is but I bet it is something cool!   Big Grin

markp1950

Quote: Originally posted by Jill34786 on Mar 29, 2012

Heating/cooling cost on a conventionally built 17,000 sq.ft. depending on location would most likely run $2,000-$2,500 per month. Incorporating ICF, Geo thermal, quality gas filled clad windows, smart home automation, Solar panels could easily cut cost down to the $600-$800 range.

Just a few tips we have picked up from building a few homes. Wink

My McMansion will have ZERO fuel costs.  My Shack will be totally self sufficient.

I'm sure that it won't be about money. Having $233,700,000 after taxes cost won't be an issue.

But security WILL be. Imagine sitting in your  palace, then a power outage hits.

Not so nice. In may place when the power goes out life will go on  exactly as it did before the outage.

I will stay cool or warm. I will have a cool beverage and sit back watching TV, or take a nice dip in the pool.

I will have a long range electric car which will be fully powered up.

Me and my battery bank will keep me happy!

LotteryLeroy

Quote: Originally posted by PrisonerSix on Mar 29, 2012

Louisiana only joined MegaMillions recently and we haven't had a big winner yet. Louisiana needs its first big winner and this would be the perfect jackpot for that. I have a dozen tickets of my own, as well as my lottery pool with my coworkers. At the level it's at now, I'll take either one.

I'm sorry PS but I am sure the rules state that Louisiana must pay their dues before anyone from there can win a jackpot.  I believe the date of eligibility is March 31, 2012.  Banana

truewinner76's avatartruewinner76

have anyone realised that an 18y/o kid could win this money.... imagine what he/she would do with all that money... just sit back and think 18 year old kid with $540,000,000 with no parent with the rite to tell him or she how to spend it...

maximumfun's avatarmaximumfun

I would have gotten into ALOT of trouble... but had an amazing time doing it.

ashabug725's avatarashabug725

Quote: Originally posted by GunaWin on Mar 29, 2012

Lottery changed my life on TLC...

Terry & Shanon Hamilton won 9 million in the Oregon megabucks lottery. 4/7/10

They were able to split the money, part cash and part annuity..$2,250,000 cash and $180,000 a year for the annuity... 

 

Good luck Friday Smile

They claimed it as a couple--2 people.. one took cv and the other took annuity

LotteryLeroy

Quote: Originally posted by ashabug725 on Mar 29, 2012

They claimed it as a couple--2 people.. one took cv and the other took annuity

I believe they set the annuity up to be assumed by their daughter when she reaches a certain age.  At the time, rates may have favored that, but right now a person should really take the cash option because of the unbelievable payout amount (thanks to crappy economic numbers affecting rates) and uncertainty over future tax rates.  Then, if desired an annuity can be established outside of the lottery.

markp1950

I went into one of my lottery places and had to wait for somebody to have his $100 worth of tickets printed. Then he said that he would be back Friday to do it again........

When I ran a pool and bought a big number of tickets I would manually pick all the powerball/meg ball  numbers 1-the max.

That way I was guarranteed to have at least one winner.

So far I have bought 10 tickets $1 at 10 different stores. Gas stations grocery stores so far not a liquor store. Bought tickets in the western suburbs, northern part of town SW, SE, NE NW and downtown.

I have the right hard luck story fir da press.

I even found the place to buy.

Jackpot ranch.  $10,395,000.00   

Legacy Ranch in Wyoming Black Hills, consisting of 6300 deeded acres, 320 State of WY lease, and 280 BLM acres. The property has a year round stream running through the core of the ranch, pipeline water system, springs and reservoirs. Approximately 900 irrigated acres. Incredible wildlife. 

http://www.pfisterlandco.com/node/306

Looks perfect, only problem I have to get the Mineral Rights. I have to "negociate" rights.

No rights no buy. I have to have 100% rights, no covenents, no deed restrictions. 

6,300 acres ought to keep the  beggars away.

LotteryLeroy

Quote: Originally posted by markp1950 on Mar 29, 2012

I went into one of my lottery places and had to wait for somebody to have his $100 worth of tickets printed. Then he said that he would be back Friday to do it again........

When I ran a pool and bought a big number of tickets I would manually pick all the powerball/meg ball  numbers 1-the max.

That way I was guarranteed to have at least one winner.

So far I have bought 10 tickets $1 at 10 different stores. Gas stations grocery stores so far not a liquor store. Bought tickets in the western suburbs, northern part of town SW, SE, NE NW and downtown.

I have the right hard luck story fir da press.

I even found the place to buy.

Jackpot ranch.  $10,395,000.00   

Legacy Ranch in Wyoming Black Hills, consisting of 6300 deeded acres, 320 State of WY lease, and 280 BLM acres. The property has a year round stream running through the core of the ranch, pipeline water system, springs and reservoirs. Approximately 900 irrigated acres. Incredible wildlife. 

http://www.pfisterlandco.com/node/306

Looks perfect, only problem I have to get the Mineral Rights. I have to "negociate" rights.

No rights no buy. I have to have 100% rights, no covenents, no deed restrictions. 

6,300 acres ought to keep the  beggars away.

A secluded $10M ranch so a person can be isolated is one option.  Another is to hire security for $200,000 for a year, while things cool down.   Thumbs Up

Jill34786's avatarJill34786

Quote: Originally posted by markp1950 on Mar 29, 2012

I went into one of my lottery places and had to wait for somebody to have his $100 worth of tickets printed. Then he said that he would be back Friday to do it again........

When I ran a pool and bought a big number of tickets I would manually pick all the powerball/meg ball  numbers 1-the max.

That way I was guarranteed to have at least one winner.

So far I have bought 10 tickets $1 at 10 different stores. Gas stations grocery stores so far not a liquor store. Bought tickets in the western suburbs, northern part of town SW, SE, NE NW and downtown.

I have the right hard luck story fir da press.

I even found the place to buy.

Jackpot ranch.  $10,395,000.00   

Legacy Ranch in Wyoming Black Hills, consisting of 6300 deeded acres, 320 State of WY lease, and 280 BLM acres. The property has a year round stream running through the core of the ranch, pipeline water system, springs and reservoirs. Approximately 900 irrigated acres. Incredible wildlife. 

http://www.pfisterlandco.com/node/306

Looks perfect, only problem I have to get the Mineral Rights. I have to "negociate" rights.

No rights no buy. I have to have 100% rights, no covenents, no deed restrictions. 

6,300 acres ought to keep the  beggars away.

6300 acres will keep the panhandlers as well as most people away.

brees2012's avatarbrees2012

    I'm 100% ready to win this Mega Millions $$$$$$$$$$$$$$$$$$

    I have up to One year to turn in ticket .

Jill34786's avatarJill34786

Quote: Originally posted by LotteryLeroy on Mar 29, 2012

A secluded $10M ranch so a person can be isolated is one option.  Another is to hire security for $200,000 for a year, while things cool down.   Thumbs Up

$200,000 will cover security 24/7 for about half a year. That is actually cheap. There are some firms that charge $100-$200 per hour.

HiFi's avatarHiFi

just get a alligator filled moat around your house

LotteryLeroy

Quote: Originally posted by Jill34786 on Mar 29, 2012

$200,000 will cover security 24/7 for about half a year. That is actually cheap. There are some firms that charge $100-$200 per hour.

More than I was thinking, but still a bit cheaper than $10M to be on an virtual deserted island that you will still probably need to hire security for, only now a lot more of it.

kyokushin187's avatarkyokushin187

Quote: Originally posted by markp1950 on Mar 29, 2012

I went into one of my lottery places and had to wait for somebody to have his $100 worth of tickets printed. Then he said that he would be back Friday to do it again........

When I ran a pool and bought a big number of tickets I would manually pick all the powerball/meg ball  numbers 1-the max.

That way I was guarranteed to have at least one winner.

So far I have bought 10 tickets $1 at 10 different stores. Gas stations grocery stores so far not a liquor store. Bought tickets in the western suburbs, northern part of town SW, SE, NE NW and downtown.

I have the right hard luck story fir da press.

I even found the place to buy.

Jackpot ranch.  $10,395,000.00   

Legacy Ranch in Wyoming Black Hills, consisting of 6300 deeded acres, 320 State of WY lease, and 280 BLM acres. The property has a year round stream running through the core of the ranch, pipeline water system, springs and reservoirs. Approximately 900 irrigated acres. Incredible wildlife. 

http://www.pfisterlandco.com/node/306

Looks perfect, only problem I have to get the Mineral Rights. I have to "negociate" rights.

No rights no buy. I have to have 100% rights, no covenents, no deed restrictions. 

6,300 acres ought to keep the  beggars away.

how far are you from the miricle mile in Don du Lac? I bet those lines are killer.good luck.

Nikkicute's avatarNikkicute

Quote: Originally posted by DisplacedLurker on Mar 29, 2012

Curious, but is anyone else having problems loading Lottery Post at times? Chrome has been freezing up and killing pages, probably from all the traffic and the frequent updates, but hmm, I've never had this problem with any other site.

I thought I was the only one, thinking my computer was messed up.

It's better now that I restarted my computer, much faster than this morning.

Nikkicute's avatarNikkicute

Quote: Originally posted by Simba774 on Mar 29, 2012

Oh, please! I'm taking the lump sum, which most winners do anyway. Cut the check and let me be on my merry way. I wonder where we're going to go for dinner?

I never paid attention to the lottery growing up and the only big prize I knew about was

Publishers Clearing House and I knew they gave the $10 million prize in yearly payments.

 

First time I heard of people ending up broke after winning the lottery was when they took the lump sum.

Not saying the lump sum is a bad idea and I don't know when they started or have winners always had the

option of lump sum? When did the lump start?

CDanaT's avatarCDanaT

Nice spot !!! Great  choice markp..get about 3 large german shepherd dogs, few guns/lots of ammo and a fishin pole !!!Thumbs Up

C0w Pi3

Quote: Originally posted by truewinner76 on Mar 29, 2012

have anyone realised that an 18y/o kid could win this money.... imagine what he/she would do with all that money... just sit back and think 18 year old kid with $540,000,000 with no parent with the rite to tell him or she how to spend it...

Well just like anyone else i would hope he/she get all the finicial advice they can. I'm 21 and if I win that's EXACTLY what I am doing. although I am really considering the annuity if I win too.

Jill34786's avatarJill34786

Quote: Originally posted by Nikkicute on Mar 29, 2012

I never paid attention to the lottery growing up and the only big prize I knew about was

Publishers Clearing House and I knew they gave the $10 million prize in yearly payments.

 

First time I heard of people ending up broke after winning the lottery was when they took the lump sum.

Not saying the lump sum is a bad idea and I don't know when they started or have winners always had the

option of lump sum? When did the lump start?

Not sure when the lump sum was implemented but I would guess it's been available for probably the past 20 years of so. Jackpot winners with no guidance or game plan as well as self control will always find a way to go broke. It doesn't matter if they get the cash option or annuity.

With the annuity, they simply borrow against it or cash it in for a lump sum payout with those sharks you see on TV. Many of them like the gentlemen who moved to Florida and collected medieval replicas while fueling a drug habit and out of control spending are destined to lose it all. Him and his girlfriend ended up living in a storage locker. No Nod

BBLL's avatarBBLL

Quote: Originally posted by truewinner76 on Mar 29, 2012

have anyone realised that an 18y/o kid could win this money.... imagine what he/she would do with all that money... just sit back and think 18 year old kid with $540,000,000 with no parent with the rite to tell him or she how to spend it...

one winner

CDanaT's avatarCDanaT

Quote: Originally posted by C0w Pi3 on Mar 29, 2012

Well just like anyone else i would hope he/she get all the finicial advice they can. I'm 21 and if I win that's EXACTLY what I am doing. although I am really considering the annuity if I win too.

Could be a smart move C0w.....thats not a bad yearly thing for your age...if you made mistakes your first 10 years, the remaining 15 would make the pain go away.........Course, us older folks have made most of our mistakes and we realize the tax issues and give aways and have the ability to say "no". It won't bother us a bit to tell someone where the bear goes to the bathroom in the woods  when it comes to money!!!...well, I won't mind  anyways  Evil

ttech10's avatarttech10

Quote: Originally posted by truewinner76 on Mar 29, 2012

have anyone realised that an 18y/o kid could win this money.... imagine what he/she would do with all that money... just sit back and think 18 year old kid with $540,000,000 with no parent with the rite to tell him or she how to spend it...

I'm thinking of that guy on the TLC show where he won in high school and lost it all in bad business ventures. But... I also think of how terrible some older people have thrown away their money (or could throw it away), so a young winner may not be too bad.

 

I actually know a few younger people who would spend it wisely and some older people who would simply get high on whatever drug there is.

 

Anyways, I still have my dreaming on, though I actually went out today and picked up my PB ticket for Saturday... clerk was telling me I should play tomorrow. When I walked in there was a long line, apparently the people at the counter were buying a good amount of tickets for tomorrow.

maximumfun's avatarmaximumfun

They have 2 machines at one of the places I go... I was amused to see that they had dedicated one machine to ONLY MM and the other machine was everything else (including scratch ticket purchases)

truewinner76's avatartruewinner76

Quote: Originally posted by ttech10 on Mar 29, 2012

I'm thinking of that guy on the TLC show where he won in high school and lost it all in bad business ventures. But... I also think of how terrible some older people have thrown away their money (or could throw it away), so a young winner may not be too bad.

 

I actually know a few younger people who would spend it wisely and some older people who would simply get high on whatever drug there is.

 

Anyways, I still have my dreaming on, though I actually went out today and picked up my PB ticket for Saturday... clerk was telling me I should play tomorrow. When I walked in there was a long line, apparently the people at the counter were buying a good amount of tickets for tomorrow.

Yes a young person could handle it the right way... i was just thinking of the fun life they could live, and be so young.... it is a blessing how in America anyone can become rich...

 

I just returned home from the store buying my lottery tickets for MM, while there I won 3 scratch  off tickets in a row!!!! Banana the clerk said LUCKY!!!! and with the winnings I bought my 15 more QP.... I have never won like that in my life... I really think I will be the lucky guy to win Friday's Drawing. as i was leaving home,  in walking to my car I was thinking these are the last steps I'm taking that will change my life forever.....Party throughout my life I have dreamed so much, and I think my life now is in order to receive this Jackpot... Every desire I have ever had in life I have recieved.... Winning the lottery is another desire that I have, and will receive.... 

*Note this posting... I am the winner of this drawing.. If not you can all call me crazy, when I do win you can all call me  CRAZY RICH!!!Banana

Uff Da!'s avatarUff Da!

Quote: Originally posted by Jill34786 on Mar 29, 2012

You can include your parents in your trust/LLC and dictate how much you want them to have. That would resolve any future transfer tax issues.

Even if one includes one's parents in the trust/LLC, though, the IRS will likely claim that, unless there was written evidence that the parents shared in the ownership of the ticket, the purchaser of the ticket would have to pay gift taxes on the portion that was transferred to others through the LLC.  Depending upon the evidence in the case, one may or may not win.  Unfortunately, I recently deleted from my files the link to a court case regarding such a situation in Washington state and haven't been able to locate it on the web again. (The IRS won.)  I did, however, find another article that made interesting reading. However, this case was in a state where a lottery was not legal at the time, so that fact was a major part of the decision, as well.

http://www.spencerlawfirm.com/Publications/Winning-a-lottery-can-be-tricky-in-a-taxing-way.shtml

KY Floyd's avatarKY Floyd

Quote: Originally posted by markp1950 on Mar 29, 2012

I went into one of my lottery places and had to wait for somebody to have his $100 worth of tickets printed. Then he said that he would be back Friday to do it again........

When I ran a pool and bought a big number of tickets I would manually pick all the powerball/meg ball  numbers 1-the max.

That way I was guarranteed to have at least one winner.

So far I have bought 10 tickets $1 at 10 different stores. Gas stations grocery stores so far not a liquor store. Bought tickets in the western suburbs, northern part of town SW, SE, NE NW and downtown.

I have the right hard luck story fir da press.

I even found the place to buy.

Jackpot ranch.  $10,395,000.00   

Legacy Ranch in Wyoming Black Hills, consisting of 6300 deeded acres, 320 State of WY lease, and 280 BLM acres. The property has a year round stream running through the core of the ranch, pipeline water system, springs and reservoirs. Approximately 900 irrigated acres. Incredible wildlife. 

http://www.pfisterlandco.com/node/306

Looks perfect, only problem I have to get the Mineral Rights. I have to "negociate" rights.

No rights no buy. I have to have 100% rights, no covenents, no deed restrictions. 

6,300 acres ought to keep the  beggars away.

"6,300 acres ought to keep the  beggars away"

Maybe they'll just be that much hungrier when they make it to your front door.

dk1421's avatardk1421

I bought 2 tickets from a girl at a gas station who keeps winning everytime she buys a scratch-off. I hope her luck rubs off on non-scratch-offs!

I, too, am going to a few places to buy tickets. At Kroger, I bought one with my last $1, then bought some groceries, got some cash and bought another $1 ticket. 

Hey - all you need is one ticket!

murdoog

I bought 8 tickets at a convenience store.

 

Later I went by the grocery store where I bought my last tickets, and asked if I had any winners. I'd won 2 dollars, which I spent on 2 more tickets.

golfer1960's avatargolfer1960

I just can't help it but I like this 2010 car! I'm buying it!  Can you dig it?

2010 Lincoln MKX - $32,995

Uff Da!'s avatarUff Da!

I pulled a boner today.  I filled out new MM cards on a wheeled system and presented them to the cashier at a convenience store.  Unfortunately, I hadn't checked them carefully enough and I missed one number on one line.  As I tried to figure out what number should have been there and the clerk waited, someone got in line behind me so I just guessed what number it should have been.  At home I checked and see that with my wrong guess, I now have two lines identical.

It would really be bad luck if the number that should have been there would make the difference between a $10,000 win and this huge jackpot!

Of course, my mistake could be a positive one, too - if there were three or four "winners" and I had two of them!

Simba774

Quote: Originally posted by PrisonerSix on Mar 29, 2012

Louisiana only joined MegaMillions recently and we haven't had a big winner yet. Louisiana needs its first big winner and this would be the perfect jackpot for that. I have a dozen tickets of my own, as well as my lottery pool with my coworkers. At the level it's at now, I'll take either one.

Don't worry. I'm going to give a shout out to my home state when I claim my 540 million.Big Smile

thePharaoh's avatarthePharaoh

how would you react if Mark zuckerberg won the millions

rdgrnr's avatarrdgrnr

Quote: Originally posted by murdoog on Mar 30, 2012

I bought 8 tickets at a convenience store.

 

Later I went by the grocery store where I bought my last tickets, and asked if I had any winners. I'd won 2 dollars, which I spent on 2 more tickets.

"... I went by the grocery store where I bought my last tickets, and asked if I had any winners. I'd won 2 dollars..."

Big mistake, murdoog.

NEVER hand a clerk tickets and ask them to check if you have any winners.

Check them yourself online and know what you have coming. Clerks are the biggest lottery prize crooks there are.

I hope you really won just that 2 dollars and not something a lot more that the clerk kept for themself.

Simba774

Quote: Originally posted by Nikkicute on Mar 29, 2012

I never paid attention to the lottery growing up and the only big prize I knew about was

Publishers Clearing House and I knew they gave the $10 million prize in yearly payments.

 

First time I heard of people ending up broke after winning the lottery was when they took the lump sum.

Not saying the lump sum is a bad idea and I don't know when they started or have winners always had the

option of lump sum? When did the lump start?

I don't know when it started. You or me would have to look it up. The lump sum is the best way to go in my opinion.

Nikkicute's avatarNikkicute

Quote: Originally posted by sirbrad on Mar 29, 2012

OK so the MM payments are the same each year? That is better. PB likes to not give you the big money until 25-30 years, and hopes you are not around then. With this much money I really don't care what the taxes are as after the taxes I will still have more money than I ever will spend.

AMEN!!!!!!!!!!!!!

The Ohio annuity is $14,330,769

Someone caculated that if the Federal rate goes to 70% then annuity payments would go down to

$4,984,615 assuming the Ohio tax rate stays at 6%.

I'm thinking... so what!! $4,984,615 a year is still not enough for youWhat?

I'd take the annunity if won.

DC81's avatarDC81

Just as many people have run into problems with the annuity as have taken the cash. That's not the issue, the issue is ignorance and flatout stupidity.

DC81's avatarDC81

Quote: Originally posted by ttech10 on Mar 29, 2012

I'm thinking of that guy on the TLC show where he won in high school and lost it all in bad business ventures. But... I also think of how terrible some older people have thrown away their money (or could throw it away), so a young winner may not be too bad.

 

I actually know a few younger people who would spend it wisely and some older people who would simply get high on whatever drug there is.

 

Anyways, I still have my dreaming on, though I actually went out today and picked up my PB ticket for Saturday... clerk was telling me I should play tomorrow. When I walked in there was a long line, apparently the people at the counter were buying a good amount of tickets for tomorrow.

If it's who I think you're talking about, he didn't lose it to bad business ventures, it was the stock market when it went to pot. His winnings were in the six figures IIRC.

gocart1's avatargocart1

Quote: Originally posted by rdgrnr on Mar 30, 2012

"... I went by the grocery store where I bought my last tickets, and asked if I had any winners. I'd won 2 dollars..."

Big mistake, murdoog.

NEVER hand a clerk tickets and ask them to check if you have any winners.

Check them yourself online and know what you have coming. Clerks are the biggest lottery prize crooks there are.

I hope you really won just that 2 dollars and not something a lot more that the clerk kept for themself.

I Agree!   Never ever hand a ticket to a store clerk...Your just asking for trouble ...

gocart1's avatargocart1

Quote: Originally posted by gocart1 on Mar 30, 2012

I Agree!   Never ever hand a ticket to a store clerk...Your just asking for trouble ...

I don't care if it's your highschool sweetheart money really does chenge people

Simba774

For anyone who wants hear fools claiming the lottery is cursed you can set your DVRs for "20/20" tonight. Curse me! I've always wanted to be cursed by the lottery. I'm going be cursed tonight.

bob27's avatarbob27

i predict first two numbers : 1 and 2

Simba774

Quote: Originally posted by DC81 on Mar 30, 2012

If it's who I think you're talking about, he didn't lose it to bad business ventures, it was the stock market when it went to pot. His winnings were in the six figures IIRC.

I think he/she is talking about that guy who did lose it do to bad business ventures. He invested into a Hotel or something. He only still has the plane he bought. Is that the guy?

Nikkicute's avatarNikkicute

Quote: Originally posted by Jill34786 on Mar 29, 2012

Not sure when the lump sum was implemented but I would guess it's been available for probably the past 20 years of so. Jackpot winners with no guidance or game plan as well as self control will always find a way to go broke. It doesn't matter if they get the cash option or annuity.

With the annuity, they simply borrow against it or cash it in for a lump sum payout with those sharks you see on TV. Many of them like the gentlemen who moved to Florida and collected medieval replicas while fueling a drug habit and out of control spending are destined to lose it all. Him and his girlfriend ended up living in a storage locker. No Nod

Oh I remember him!! So sad...So sad...

Couple years back the jackpot was getting large, and E! television ran back to back marathon shows

about lottery winners, which I have seen over the years but they showed them all day that day.

The guy had a real real nice house in Florida and yes he did buy some strange things, then a couple of episodes later in an episode of "Curse of the Lottery" it was gone!!!!! whaaa?

All of it ? He messed up!!! I couldn't even believe it!! How do you even come back from

something like that? He had it, he had what others have been dreaming about and

he blew it.

Nikkicute's avatarNikkicute

Quote: Originally posted by brees2012 on Mar 29, 2012

    I'm 100% ready to win this Mega Millions $$$$$$$$$$$$$$$$$$

    I have up to One year to turn in ticket .

Where do you live that you have 1 year to turn in your ticket?

HaveABall's avatarHaveABall

Quote: Originally posted by Masone on Mar 29, 2012

I'm just in love with luxury cars. I'd probably get 3 initially, and buy a new one every year(selling the previous of course).

Not for me, as auto insurance would be way too expensive. Disapprove

Tinker

Quote: Originally posted by Jill34786 on Mar 29, 2012

For 2010-2012 the max gift tax rate is $5mil and 35%. In 2009 it was $3.5mil and either 45-55%. Before 2001 prior to the Bush tax cut it was 675K .You are allowed to gift $13k per year or 26k as a married couple.

For 2013, it may revert back to 1Mil and at least 45% on anything over.

Does this mean I can give $5mil to one person and $5mil to another and another or am I only able
to give $5mil total in my lifetime. I wish I could give millions away and not be taxed for it.

ttech10's avatarttech10

Quote: Originally posted by truewinner76 on Mar 30, 2012

Yes a young person could handle it the right way... i was just thinking of the fun life they could live, and be so young.... it is a blessing how in America anyone can become rich...

 

I just returned home from the store buying my lottery tickets for MM, while there I won 3 scratch  off tickets in a row!!!! Banana the clerk said LUCKY!!!! and with the winnings I bought my 15 more QP.... I have never won like that in my life... I really think I will be the lucky guy to win Friday's Drawing. as i was leaving home,  in walking to my car I was thinking these are the last steps I'm taking that will change my life forever.....Party throughout my life I have dreamed so much, and I think my life now is in order to receive this Jackpot... Every desire I have ever had in life I have recieved.... Winning the lottery is another desire that I have, and will receive.... 

*Note this posting... I am the winner of this drawing.. If not you can all call me crazy, when I do win you can all call me  CRAZY RICH!!!Banana

Nice, good job. I've been doing terrible on scratchers so haven't been playing for a while... I'm actually doing better on draw games for once... I hope I can continue that with this draw (maybe we can share).

brees2012's avatarbrees2012

Quote: Originally posted by golfer1960 on Mar 30, 2012

I just can't help it but I like this 2010 car! I'm buying it!  Can you dig it?

2010 Lincoln MKX - $32,995

Very nice looking SUV , seen one of these yesterday .

With the gas prices , you wonder how the owner can

afford the fuel for it . $4.14 a gallon in my area .

Most new SUV's cost between $30,000 - $50,000

depends on what , you're looking for .

So far Lexus 300 , (SUV ) I like , but I been looking

at Acadia  , this MKX , and a few others .

I rode in a few other new SUV's which , I don't like

its  uncomfortable  ride  Traverse. 

I been researching SUV for along while . I am picky about

the way it looks , rides , and color.  There's not many choices

when it comes to color except for Lexus .

I'll keep looking .......

TRUEBELIEVER's avatarTRUEBELIEVER

Ill be doing my mega mill shopping this morning for my group we got enough money together to buy 140 quick picks 14 people $10.00 each so i hoping to win something here in north Carolina.

 

And  i my self not done shpooing yet either :)

 

 

US Flag LOTTERY THE NEW AMERICAN 401K OR IRA  :)

brees2012's avatarbrees2012

 That's the man from Florida , I think about when winning the lottery ,not  buying stupid stuff . He's dumb buying

  all that statues and whatever else , he wasn't buying what he needed . I thought 100% of things he had , I would Never

   buy .

     I keep reading people saying  " You will go broke in 5 years " not if you live on a budget yearly , a conservative

    amount , you will be fine . I read where winners from Idaho ( Brad Duke ) and several other winners who all lives

    on a budget  and they didn't go broke .

    Actually one winner spent $4 million dollars , in the first year , and still have millions  and living comfortable . 

   Not everyone is the same , just because those winners overspent , doesn't mean everyone will .

    You only read about the negitive stories , there are people with positive stories . 

    Live within your means  . 3 levels of savings ( years )  18 yrs old - 30 yrs old , 30 - 50 yrs old , 50 - 80 yrs old ( retirement ) .

    You put a percentage of $$$$$ for 3 levels . Work hard .

dallascowboyfan's avatardallascowboyfan

" Not everyone is the same , just because those winners overspent , doesn't mean everyone will . You only read about the negitive stories , there are people with positive stories . " I Agree! brees

Simba774

Quote: Originally posted by dallascowboyfan on Mar 30, 2012

" Not everyone is the same , just because those winners overspent , doesn't mean everyone will . You only read about the negitive stories , there are people with positive stories . " I Agree! brees

Most of the people I  have seen on TLC's "The Lottery Changed By Life" are doing pretty good after a few years. Positive stories are boring so people don't won't to here them. There are many winners who are still happy and rich today. I'm going to join that list tonight.

Nikkicute's avatarNikkicute

Quote: Originally posted by Simba774 on Mar 30, 2012

Most of the people I  have seen on TLC's "The Lottery Changed By Life" are doing pretty good after a few years. Positive stories are boring so people don't won't to here them. There are many winners who are still happy and rich today. I'm going to join that list tonight.

I Agree!

True, there are more good stories than bad. When reading the stories of lotteries winners who went broke

on the internet there is actually only a handful, maybe a little over a dozen stories, you keep reading and

pretty soon you'll run into the same story on different sites.

 

The thing is I went searching and ended up reading them back to back, had me thinking maybe

winning the lottery was not a good thing after all but I know better and learned from each and every

one of them on what NOT to do.

luckismyname

Quote: Originally posted by mcginnin56 on Mar 29, 2012

Huge Congrat's luckismyname!!! I'm sure we'll be hearing much more from you starting tomorrow, via the press and LP.   Banana

Welcome to LP luckismyname!    Cheers

TNX ALOT, I HAVE ALREADY BUY MY TICKET ----------AM THE WINNER LOLParty

VenomV12

Three of my friends have won the Mega Millions separately over the past decade and they are all doing just fine and have their money. The one that I am closest to bought a half a million dollar house cash and a couple of six figure cars and lives off of $10,000 a month interest. One of the other ones lives a couple miles from my house and has a beautiful big home with an indoor pool on 10 acres with a pond and a large pole barn where he fixes boats and cars on the side, and he and his wife never quit their jobs. 

If you are not an idiot and establish a budget, you will be just fine, and stay away from strippers, cocaine and casinos. The first guy I mentioned split his winnings with another guy he worked with and he unfortunately did not avoid those things and well, he is broke now. 

joshuacloak's avatarjoshuacloak

this weekend will be intresting.

, can't wait to find out how many tickets won,and where they at,so i can rofl at media dog and pony show that is sure to follow 

 

thro it will be funny sense its won 2 days before april fools happens  and before lottery office gets to open on monday.

people who live near the winning store, will  pull classic lie, , i won that mega millions jackpot!

if winner comes out on apirl 1st, its not real winner ! period!

This is like perfact prank time in making for claiming to be a fake winner, largest jackpot in history , gets hit  2 days before apirl fools, yup, get ready for it people.

todd take ever winner story this weekend with a major grain of salt!

 

plus todd see if u can find out insane profits lottery's made form this draw,  i got to know how much money  they just pocketed this week rofl atfer its all said and done.

i have a feeling  a lot of them will be  getting a bonus for meeting new sales goals LOL

mcginnin56

Quote: Originally posted by VenomV12 on Mar 30, 2012

Three of my friends have won the Mega Millions separately over the past decade and they are all doing just fine and have their money. The one that I am closest to bought a half a million dollar house cash and a couple of six figure cars and lives off of $10,000 a month interest. One of the other ones lives a couple miles from my house and has a beautiful big home with an indoor pool on 10 acres with a pond and a large pole barn where he fixes boats and cars on the side, and he and his wife never quit their jobs. 

If you are not an idiot and establish a budget, you will be just fine, and stay away from strippers, cocaine and casinos. The first guy I mentioned split his winnings with another guy he worked with and he unfortunately did not avoid those things and well, he is broke now. 

Good advice Venom. Yeah coke & casinos usually don't mix to well in keeping your money intact. Diet coke is more my speed.   Cheers

ttech10's avatarttech10

Quote: Originally posted by DC81 on Mar 30, 2012

If it's who I think you're talking about, he didn't lose it to bad business ventures, it was the stock market when it went to pot. His winnings were in the six figures IIRC.

Hmm, I don't think it's the same. The guy I'm thinking of married his high-school sweetheart, went in on a hotel with some stranger and then funded a family members idea for a plumbing part. He now (or at least at the time of the show) had to work miles from his family because, as he believes, nobody wants to give him work in his hometown because they're jealous he won and blew it.

ttech10's avatarttech10

I'm glad others are mentioning the annuity. I'm a "Cash Option" person but I went ahead and got an annuity option QP (back in TX for a bit so have to choose at the register).

mcginnin56

Quote: Originally posted by ttech10 on Mar 30, 2012

Hmm, I don't think it's the same. The guy I'm thinking of married his high-school sweetheart, went in on a hotel with some stranger and then funded a family members idea for a plumbing part. He now (or at least at the time of the show) had to work miles from his family because, as he believes, nobody wants to give him work in his hometown because they're jealous he won and blew it.

I saw that one. He basically blew most of everything on this business venture, with some fangled plumbing device that was supposed to

revolutionize the industry. The only thing it revolutionized was his bank balance. His family, at least at the time of the shows airing resented

him big time. He was working a couple of jobs last I heard, to make ends meet.

joshuacloak's avatarjoshuacloak

Quote: Originally posted by mcginnin56 on Mar 30, 2012

I saw that one. He basically blew most of everything on this business venture, with some fangled plumbing device that was supposed to

revolutionize the industry. The only thing it revolutionized was his bank balance. His family, at least at the time of the shows airing resented

him big time. He was working a couple of jobs last I heard, to make ends meet.

best thing about all bad public winner stories, is its a gaint check list of What not to do, EVER

 

any good major winner, should  see the horror stories for them self's, as "research" on ever thing not to do

such things not to do

go public

tell family

tell friends

promise anything to anyone

never ever invest in people u don't trust 100% 

and if u get found out

don't have a addres  people can find,or mail stuff to, as u get 100s if not 1000s of letters of requests

 

also people won't treat u the same, deal with it.

when super rich jackpot winners come out to their poor friends.

its like being gay and coming out to xtreme right wing christians, o trust me,things have just changed how they feel towards U rofl.

 

must of all

just cease u got lots of money, it don't = happiness,

its how u enjoy it,that matters, 

 lottery winners can have all money in world, but without enjoying ever sec of using that money, it won't bring happiness

a lot of stupid winners, let it be gaint headache,

 

 

best story's are never told, as right now,their tons of serect muti millioners, enjoying their money and life, 

in short,buy great experiences , use money on having good time. 

and that does not mean getting your brain addicted to drugs!

o and learn to say NO, for god sakes, learn to just say NO........... as saying YES is a ticking time bomb of ruin.

 

however, i am preaching to choir here, ofc we know these things, but majority sure as hell Don't

mcginnin56

Quote: Originally posted by joshuacloak on Mar 30, 2012

best thing about all bad public winner stories, is its a gaint check list of What not to do, EVER

 

any good major winner, should  see the horror stories for them self's, as "research" on ever thing not to do

such things not to do

go public

tell family

tell friends

promise anything to anyone

never ever invest in people u don't trust 100% 

and if u get found out

don't have a addres  people can find,or mail stuff to, as u get 100s if not 1000s of letters of requests

 

also people won't treat u the same, deal with it.

when super rich jackpot winners come out to their poor friends.

its like being gay and coming out to xtreme right wing christians, o trust me,things have just changed how they feel towards U rofl.

 

must of all

just cease u got lots of money, it don't = happiness,

its how u enjoy it,that matters, 

 lottery winners can have all money in world, but without enjoying ever sec of using that money, it won't bring happiness

a lot of stupid winners, let it be gaint headache,

 

 

best story's are never told, as right now,their tons of serect muti millioners, enjoying their money and life, 

in short,buy great experiences , use money on having good time. 

and that does not mean getting your brain addicted to drugs!

o and learn to say NO, for god sakes, learn to just say NO........... as saying YES is a ticking time bomb of ruin.

 

however, i am preaching to choir here, ofc we know these things, but majority sure as hell Don't

Amen. Blue Angel

gordianknot

Hello everyone, I'm a newbie :) just wanted to say, glad to be a part of the community, and best of luck to everyone!

I also agree, that the cash option I think is way better, since one could form a Family Foundation, set yourself up as Trustee, and Ceo, everything would be tax free, including interest(except for personal salary).

I have been crunching a few numbers, and what I have been able to decipre, is that the Mega Millions game is selling around $265,000,000 (million tickets) in the last couple of days (does NOT include the extra buck for the megaplier).

That would mean that I wouldn't doubt that there will indeed, be multiple winners, don't be too surprised if you find out that the Jackpot will be split five (5) ways.

Since record Jackpots have traditionally been shown to have multiple winners.

In addition, the odds are showing that overall you have a better odds of winning more of the Jackpot, if you played games that are around $200 million.

Since statistics seem to favor that the hit Jackpots, payout an average percentage.


Of course nothing is ever written in stone lol!

mcginnin56

Quote: Originally posted by gordianknot on Mar 30, 2012

Hello everyone, I'm a newbie :) just wanted to say, glad to be a part of the community, and best of luck to everyone!

I also agree, that the cash option I think is way better, since one could form a Family Foundation, set yourself up as Trustee, and Ceo, everything would be tax free, including interest(except for personal salary).

I have been crunching a few numbers, and what I have been able to decipre, is that the Mega Millions game is selling around $265,000,000 (million tickets) in the last couple of days (does NOT include the extra buck for the megaplier).

That would mean that I wouldn't doubt that there will indeed, be multiple winners, don't be too surprised if you find out that the Jackpot will be split five (5) ways.

Since record Jackpots have traditionally been shown to have multiple winners.

In addition, the odds are showing that overall you have a better odds of winning more of the Jackpot, if you played games that are around $200 million.

Since statistics seem to favor that the hit Jackpots, payout an average percentage.


Of course nothing is ever written in stone lol!

Welcome to LP gordianknot! Good luck this evening.   Lep

gordianknot

Tyvm, and the same to you... :)
Either way, win or lose, it's a moment in which everyone can have to dream about, even if it's just for a short time.
And besides, as much as I'd like to win, I could imagine that my conscience would probably also remember that for every dollar I won, it was someones dream too.
Yea I know, talk about being a buzz killer lol!

skypekaitas6

Honestly I am shocked no one has won the tue draw, if i had the money and if i was in usa i am definately winning the tue non winning draw, very fact no one has won this alone tells me no one in the world knows the technique i am aware of to win or pick winning drawing numbers...... i am in new zealand and relying on agents to play my numbers, they charge almost 8 dollars per block and 16 dolalrs for the megaplier board.  I had chosen 46 boards with agents on tue, and although on all boards i have 51 correct, and not far from the other mumbers i am foccussing close, but if someone knows that there is a technique to pick winning numbers no matter how a draw is taking place, the secret on guessing the winning numbers is based on unique guess work and there is no mathmatics, however when one is combining some chosen numbers and need to group them mathematics plays a role.

any way i am still attacking the game on friday with a few boards, to be honest the placing of numbers for friday is quite hard to make a guess work, on tue i was dead certain 51 was a no. and it was so, the other numbers i was dead certain was 24/30/36 just one of them to match with 34/35/40 just one of them, again then to match with 8/9/10/11/15/16 just one of them and again 19/20/21/22 just one of them and 37/38/43/44/45/46/47/48/etc  mathemathically grouping the numbers in to initially blocks of 6 numbers, further again taking all the combinations of 5 numbers from the 6 no. block and using the 6th no. as the MB  i am winning the jackpot if i was in USA for a huge sum to invest in the game, as one can observe above there are so many boards to play to finally win the guess work i had concluded where i was aware only no 51 is certain however i am chosing 10 numbers to play them on reduced wheeling for 6 blocks of 5 numbers.. lets see how it goes, should i hit the jackpot then it is not by luck but with brains, i suppose i get an opportunity  to come to states if i hit the jackpot and if i come on tv i will talk a bit of this site and my lotto keno experience where i always win with brains and not with luck. my strong guess is: in the first 10 numbers: there are some or just one number, and the rest makes no sense mentioning as then when many share nothing is left.... hope to be in states soon for my jackpot..  world champion lotto keno player skype kaitas6

mnetioning lotto keno numbers finally is a peice of cake once i explain the technique, and i am dead certain i am the only living soul in the world that knows it as no one guessed the jackpot of MB on tuesday.. a shame.... if i would put it..... USA is missing genius skype kaitas 6 in USA

gordianknot

There is a way to pick the correct numbers.
Almost every game out of 6 sets of numbers, I have picked all of the drawn numbers, but I have only matched three in a line at best.

I'm narrowing the process down, little by little, if it stays the way it's going then great, perhaps I'll win, if not oh well, I'll keep trying anyhow lol!

VenomV12

The best part of this jackpot is it shows up all the hypocrites and liars out there that always make stupid comments about the lottery is a tax on the poor and the stupid etc etc. I am not hearing any of that right now. Every single person including the major and not so major media outlets are out there telling people to buy. 

mcginnin56

Quote: Originally posted by VenomV12 on Mar 30, 2012

The best part of this jackpot is it shows up all the hypocrites and liars out there that always make stupid comments about the lottery is a tax on the poor and the stupid etc etc. I am not hearing any of that right now. Every single person including the major and not so major media outlets are out there telling people to buy. 

This is historical. World's largest Jackpot...and growing like a pregnant whale. Who wouldn't want to be a part of this unprecedented lottery history?

 

No one is complaining, because their to busy looking for a lottery terminal that hasn't melted down or caught on fire  Mad    yet, to place their bets!

gordianknot

Lol,to the above poster, your correct, even I am a critic of the lottery, it doesn't stop me from playing it though.

It's not so much the idea, of people wanting a better life, when the risk is just a dollar, I think it has much more to do with, the States collecting so much revenue from the continued sales of the game of chance, and then most of the States collect taxes on the Jackpot winning, (although some States do not have State tax on lottery winnigns) the federal government for the most part always collects the tax.

Btw, just moments ago, I went to my State lottery website, they are running a promo for 12 months, each month they draw 100 winners each worth $50.00.
Just so happen I just found out, I actually won one of the $50.00 draws lol! go me!!!
(That's the most I have ever won playing the lottery).

mcginnin56

Quote: Originally posted by gordianknot on Mar 30, 2012

Lol,to the above poster, your correct, even I am a critic of the lottery, it doesn't stop me from playing it though.

It's not so much the idea, of people wanting a better life, when the risk is just a dollar, I think it has much more to do with, the States collecting so much revenue from the continued sales of the game of chance, and then most of the States collect taxes on the Jackpot winning, (although some States do not have State tax on lottery winnigns) the federal government for the most part always collects the tax.

Btw, just moments ago, I went to my State lottery website, they are running a promo for 12 months, each month they draw 100 winners each worth $50.00.
Just so happen I just found out, I actually won one of the $50.00 draws lol! go me!!!
(That's the most I have ever won playing the lottery).

Congrat's gordianknot! $50 is a tidy sum.  Yes Nod

gordianknot

Quote: Originally posted by mcginnin56 on Mar 30, 2012

Congrat's gordianknot! $50 is a tidy sum.  Yes Nod

Thank you, I wish it were enough to share with everyone.... maybe a little conversion to a bigger game might be in order lol!

 

[edit]
Yea the kewl thing about the promo, is you can win multiple times in the same drawing, I can hardly imagine how many times someone enters to win 4-5 times each month.... alot of work.

[edit, the edit] - lol!
I just noticed, another person that has enetered the second chance drawings for the last 7 of 8 months, she has won a total of 27 wins, amounting to $1,350.00
Bet she uses alot of stamps lol.
I sent 16 entries, so I came out to the good.

DC81's avatarDC81

Quote: Originally posted by ttech10 on Mar 30, 2012

Hmm, I don't think it's the same. The guy I'm thinking of married his high-school sweetheart, went in on a hotel with some stranger and then funded a family members idea for a plumbing part. He now (or at least at the time of the show) had to work miles from his family because, as he believes, nobody wants to give him work in his hometown because they're jealous he won and blew it.

Yeah, I know what guy you're talking about now... He was kinda sorta a schmuck.

gordianknot

Quote: Originally posted by DC81 on Mar 30, 2012

Yeah, I know what guy you're talking about now... He was kinda sorta a schmuck.

lol, that made me chuckle...... "He was kinds sorta a schmuck".

If people win a multi-million lottery jackpot, they should try to think that they only have about 30% of their winnings available.
From that they should treat it as a budget just like any other income.
Never exceed ones debt beyond 30% of that amount.
So if they win $100 million after taxes, it would be wise, to have the mentality that they only can access $30 million of it, and of that amount debts should never exceed more than 30 percent or $5 million in debt.

Of course people are going to do what they want, instead of what they need.

Nikkicute's avatarNikkicute

Oh boy!! Now our CBS channel is going to show the numbers being drawn live,

they never show the numbers live but for this BIG jackpot they changed their minds lol

 

I'm not going to watch, I don't even know the numbers on my ticket I didn't even look.

Waiting to see who won and where on the USAMega.com site and LotteryPost.

mcginnin56

Quote: Originally posted by Nikkicute on Mar 30, 2012

Oh boy!! Now our CBS channel is going to show the numbers being drawn live,

they never show the numbers live but for this BIG jackpot they changed their minds lol

 

I'm not going to watch, I don't even know the numbers on my ticket I didn't even look.

Waiting to see who won and where on the USAMega.com site and LotteryPost.

Which lottery is this Nikki? Are you talking about the MM?

gordianknot

I was kind of hoping that they would do it this time around.

Also I think, that the States should make a policy change for unclaimed Jackpot prizes, some States, will take the monies from unclaimed tickets and put it into a second chance drawing, or other promotion.
Yet other States will simply take it and use it for the purpose in which they started the lottery to fund.

I would like to see that the States, even those that take it and use for the State lottery purposes, put a cap on the amounts that they can seize if unclaimed, for example if a Jackpot is valued at $50 million or less, sure seize it, but anything higher should be given back out to players of that State.

DC81's avatarDC81

Quote: Originally posted by Nikkicute on Mar 30, 2012

Oh I remember him!! So sad...So sad...

Couple years back the jackpot was getting large, and E! television ran back to back marathon shows

about lottery winners, which I have seen over the years but they showed them all day that day.

The guy had a real real nice house in Florida and yes he did buy some strange things, then a couple of episodes later in an episode of "Curse of the Lottery" it was gone!!!!! whaaa?

All of it ? He messed up!!! I couldn't even believe it!! How do you even come back from

something like that? He had it, he had what others have been dreaming about and

he blew it.

Yeah, look up David Edwards sometime, he's a classic case of what not to do and how a lack of educating yourself and your demons/vices can be your downfall, as well as those around you....   That Curse of the Lottery episode he was in could be updated further with the things that have happened since it was produced.

Another is Jack Whittaker though he seemed to have a "good ol'boy" personality as well but one would have thought he would have handled it better since he at least had experience with managing money and IIRC was a millionaire already at the time.

Not going to go into details but both are headache (in their own ways) inducing and sad examples that people who dream of winning the lottery should learn from as to what NOT do.

joshuacloak's avatarjoshuacloak

ga lottery made a funny  ad  its about this record  jackpot. funny stuff

http://www.youtube.com/watch?v=l4Ah3_Kq9hI&list=UUgDDMzjnZzTukHeq5LTmbjQ&index=1&feature=plcp

mcginnin56

Quote: Originally posted by joshuacloak on Mar 30, 2012

ga lottery made a funny  ad  its about this record  jackpot. funny stuff

http://www.youtube.com/watch?v=l4Ah3_Kq9hI&list=UUgDDMzjnZzTukHeq5LTmbjQ&index=1&feature=plcp

Nice victory dance!  Dance

Nikkicute's avatarNikkicute

Some NBA player spent $10,000 on tickets lol Good luck to him!!

Around 10:30 a.m. they will take a look at the sales and determine if they will

increase it again.

dpoly1's avatardpoly1

I just found out that Pennsylvania does not allow you to claim the jackpot in a blind trust.

So I retain my plan to claim the prize and then put the money in a RLT that has not been revealed to everyone!

Dance 1 Ticket .......... 1 Winner ..................

gordianknot

Quote: Originally posted by Nikkicute on Mar 30, 2012

Some NBA player spent $10,000 on tickets lol Good luck to him!!

Around 10:30 a.m. they will take a look at the sales and determine if they will

increase it again.

That doesn't quite seem right, does it?
I mean they should have given the $10k to ST. Judes or something like that.....

Nikkicute's avatarNikkicute

Quote: Originally posted by mcginnin56 on Mar 30, 2012

Which lottery is this Nikki? Are you talking about the MM?

Of course I am talking about MegaMillionsCrazy

Win$500Quick's avatarWin$500Quick

Quote: Originally posted by dallascowboyfan on Mar 29, 2012

glad you made it safe Win......Thumbs Up

Thanks, Even if I don't win that much or at all. I am just excited to be apart of this historic jackpot.

dallascowboyfan's avatardallascowboyfan

Quote: Originally posted by joshuacloak on Mar 30, 2012

ga lottery made a funny  ad  its about this record  jackpot. funny stuff

http://www.youtube.com/watch?v=l4Ah3_Kq9hI&list=UUgDDMzjnZzTukHeq5LTmbjQ&index=1&feature=plcp

LOL.. the mascot was jamming at the end!!!!

Win$500Quick's avatarWin$500Quick

Quote: Originally posted by Nikkicute on Mar 30, 2012

Some NBA player spent $10,000 on tickets lol Good luck to him!!

Around 10:30 a.m. they will take a look at the sales and determine if they will

increase it again.

It was Washington Wizards star Chris Singleton who drop 10 grand on tickets. Everyone wants a piece of the action, the rich and the poor.

dallascowboyfan's avatardallascowboyfan

Quote: Originally posted by Win$500Quick on Mar 30, 2012

Thanks, Even if I don't win that much or at all. I am just excited to be apart of this historic jackpot.

I know what you mean!!!! i'm glad you were able to be part of Lotto Fever too!!!!!Wink

dallascowboyfan's avatardallascowboyfan

Quote: Originally posted by Win$500Quick on Mar 30, 2012

It was Washington Wizards star Chris Singleton who drop 10 grand on tickets. Everyone wants a piece of the action, the rich and the poor.

WOW $10,000 i ntickets that is CRAZY!!!!! hwis he going to check all the tickets it will take him weeks...LOL...

Eagles215

Quote: Originally posted by KY Floyd on Mar 29, 2012

Then you'd better hope you lose. Depending on where in Philly you live and how many tickets you buy, it could cost $25, $50, or $100 to drive to Jersey and buy some losers. Driving to Jersey and buying a winner, OTOH, could cost as much as $40 million.

It's a 20 min drive to Cherry Hill, Nj and five dollars to cross back over. I told my lady am only spending ten bucks their. Sulk Off

CDanaT's avatarCDanaT

Quote: Originally posted by Eagles215 on Mar 30, 2012

It's a 20 min drive to Cherry Hill, Nj and five dollars to cross back over. I told my lady am only spending ten bucks their. Sulk Off

Make sure you get advanced draws Eagle...In case this thing rolls over

mcginnin56

Quote: Originally posted by Nikkicute on Mar 30, 2012

Of course I am talking about MegaMillionsCrazy

Thanks, I thought maybe it was a local Wisconsin game that was going to be televised just in your area.  Crazy

mcginnin56

Quote: Originally posted by dallascowboyfan on Mar 30, 2012

WOW $10,000 i ntickets that is CRAZY!!!!! hwis he going to check all the tickets it will take him weeks...LOL...

With Chris's salary I'm sure he'll just delegate that to his personal assistant.  LOL

rock_nc's avatarrock_nc

GOOD MORNING LP friends,

well today is the day when it's all up in the air about the largest Jackpot in American History. Will there ever be another one to top this one,maybe tonight will tell. If's there is NO WINNERS,then You can guess we're in unknown territory. I will buy my 100.00 dollars worth of tickets today in a SMALL TOWN USA.. Maxton,nc if any of you know where that is at. Going out of my Water Tower Town to try my luck. If I don't win,5 numbers right or the Whole Jackpot,then I guess it was'nt my time to win. But if it's not won tonight,then I guess I will buy two hundred dollars worth of ticket's on Tuesday. What a life it will be..Of course I will get all my Ducks in a Row first.

Jill34786's avatarJill34786

Quote: Originally posted by Tinker on Mar 30, 2012

Does this mean I can give $5mil to one person and $5mil to another and another or am I only able
to give $5mil total in my lifetime. I wish I could give millions away and not be taxed for it.

No. That is the total lifetime gift exemption allowed as of 2012.

Jill34786's avatarJill34786

Quote: Originally posted by Win$500Quick on Mar 30, 2012

Thanks, Even if I don't win that much or at all. I am just excited to be apart of this historic jackpot.

I Agree! That's how I feel. Smiley

CDanaT's avatarCDanaT

Quote: Originally posted by rock_nc on Mar 30, 2012

GOOD MORNING LP friends,

well today is the day when it's all up in the air about the largest Jackpot in American History. Will there ever be another one to top this one,maybe tonight will tell. If's there is NO WINNERS,then You can guess we're in unknown territory. I will buy my 100.00 dollars worth of tickets today in a SMALL TOWN USA.. Maxton,nc if any of you know where that is at. Going out of my Water Tower Town to try my luck. If I don't win,5 numbers right or the Whole Jackpot,then I guess it was'nt my time to win. But if it's not won tonight,then I guess I will buy two hundred dollars worth of ticket's on Tuesday. What a life it will be..Of course I will get all my Ducks in a Row first.

Best of luck to you rock.....hope you win....if you are spending a $100, i trust you are playing all Megaball numbers(1-46) at least twice to make sure you have a gauranteed shot. If you don't win the entire jackpot, you will at least win some $$ back......Thumbs Up

Jill34786's avatarJill34786

Quote: Originally posted by Nikkicute on Mar 30, 2012

Oh boy!! Now our CBS channel is going to show the numbers being drawn live,

they never show the numbers live but for this BIG jackpot they changed their minds lol

 

I'm not going to watch, I don't even know the numbers on my ticket I didn't even look.

Waiting to see who won and where on the USAMega.com site and LotteryPost.

I never watch the drawings and haven't looked at my numbers either. Like yourself, I just wait to see an update from USAMEGA. If the winning ticket was purchased in my state then I might be inclined to check my numbers. Wink

Jill34786's avatarJill34786

Quote: Originally posted by CDanaT on Mar 30, 2012

Best of luck to you rock.....hope you win....if you are spending a $100, i trust you are playing all Megaball numbers(1-46) at least twice to make sure you have a gauranteed shot. If you don't win the entire jackpot, you will at least win some $$ back......Thumbs Up

I met someone yesterday who had the play slips with every Megaball picked while choosing the QP for the other numbers.

CDanaT's avatarCDanaT

Quote: Originally posted by Jill34786 on Mar 30, 2012

I met someone yesterday who had the play slips with every Megaball picked while choosing the QP for the other numbers.

Might be a very smart move Jill. Having the QPs is as good a shot as any. Thats exactly how I would have played it.......On the gift issue for taxes..if you did give someone(relative) 5 million, is the gift tax 35% or higher ?

Jill34786's avatarJill34786

Quote: Originally posted by Win$500Quick on Mar 30, 2012

It was Washington Wizards star Chris Singleton who drop 10 grand on tickets. Everyone wants a piece of the action, the rich and the poor.

I was at the country club several nights ago and it seemed like there was a lot of buzz pertaining to the MM jackpot...that was prior to the revised 540mil. I agree with you that an awful lot of people from all walks of life want to participate in this historical event.

Jill34786's avatarJill34786

Quote: Originally posted by CDanaT on Mar 30, 2012

Might be a very smart move Jill. Having the QPs is as good a shot as any. Thats exactly how I would have played it.......On the gift issue for taxes..if you did give someone(relative) 5 million, is the gift tax 35% or higher ?

For the calendar year 2012, the gift tax once you exceed your allowance of 5 million is 35% which you are responsible for paying. Talk about double taxationBash

You can always just gift 13k per year to ANYONE a year or 26K if you are married without any tax consequences.

CDanaT's avatarCDanaT

Quote: Originally posted by Jill34786 on Mar 30, 2012

For the calendar year 2012, the gift tax once you exceed your allowance of 5 million is 35% which you are responsible for paying. Talk about double taxationBash

You can always just gift 13k per year to ANYONE a year or 26K if you are married without any tax consequences.

Yes ma'am...sure is..no double jeopardy in crimes but when it comes to double taxation,  ?? the government is like a sponge on steroids

Jill34786's avatarJill34786

Quote: Originally posted by CDanaT on Mar 30, 2012

Yes ma'am...sure is..no double jeopardy in crimes but when it comes to double taxation,  ?? the government is like a sponge on steroids

10 years ago, the maximum lifetime gift was $1mil with a tax of 50% on anything above. Uncle Sam wants his "fair share" when you earn your money as well as when you give it away. Thud

CDanaT's avatarCDanaT

Quote: Originally posted by Jill34786 on Mar 30, 2012

For the calendar year 2012, the gift tax once you exceed your allowance of 5 million is 35% which you are responsible for paying. Talk about double taxationBash

You can always just gift 13k per year to ANYONE a year or 26K if you are married without any tax consequences.

Looks like if relatives get any of my share I am only giving them 3.7 million and tell em I am paying the gift tax....Giving them the full $5 mill would actually be like giving $6.75 million......talk about "ouch" in taxes...the gov gets another 1.75 ??Thud

Arrowhead's avatarArrowhead

Quote: Originally posted by dpoly1 on Mar 30, 2012

I just found out that Pennsylvania does not allow you to claim the jackpot in a blind trust.

So I retain my plan to claim the prize and then put the money in a RLT that has not been revealed to everyone!

Dance 1 Ticket .......... 1 Winner ..................

You 'just found out' about the Pa. no blind trust stipulation? After all this time playing huge jackpots? Smile

Knock 'em dead, dpoly1...

Jill34786's avatarJill34786

Quote: Originally posted by CDanaT on Mar 30, 2012

Looks like if relatives get any of my share I am only giving them 3.7 million and tell em I am paying the gift tax....Giving them the full $5 mill would actually be like giving $6.75 million......talk about "ouch" in taxes...the gov gets another 1.75 ??Thud

You could always include relatives in a corporation and give them a percentage of the company that otherwise would amount to what you give them. 

If you gave them the full $5 mil as a gift, you would not be obligated for any additional taxes. You just couldn't gift any more without incurring taxes.

louise black

Quote: Originally posted by LotteryLeroy on Mar 29, 2012

Hand me the butter knife out of the draw and stand back... I have a MONSTER to take down! Surrender

It will   take more than a butter knife to take down this monsterScared. Good Luck on that  fight LotteryLeroy.Scared

bluefox10's avatarbluefox10

Jackpot just reached $640 Million!!!!

Arrowhead's avatarArrowhead

Quote: Originally posted by VenomV12 on Mar 30, 2012

Three of my friends have won the Mega Millions separately over the past decade and they are all doing just fine and have their money. The one that I am closest to bought a half a million dollar house cash and a couple of six figure cars and lives off of $10,000 a month interest. One of the other ones lives a couple miles from my house and has a beautiful big home with an indoor pool on 10 acres with a pond and a large pole barn where he fixes boats and cars on the side, and he and his wife never quit their jobs. 

If you are not an idiot and establish a budget, you will be just fine, and stay away from strippers, cocaine and casinos. The first guy I mentioned split his winnings with another guy he worked with and he unfortunately did not avoid those things and well, he is broke now. 

Seriously, THREE OF YOUR FRIENDS won the (I assume you meant) top MM prize in the past 10 years?

Those odds are about as long as actually winning the jackpot yourself...What?

gordianknot

Quote: Originally posted by bluefox10 on Mar 30, 2012

Jackpot just reached $640 Million!!!!

Hi, goodmorning to you...yea it's an insane amount isn't it?Banana

Arrowhead's avatarArrowhead

Quote: Originally posted by HaveABall on Mar 29, 2012

Oh, you are comfortable with continually informing the Lottery Headquarters of your:  primary address,  checking account and routing # to receive an "electronic transfer" of this game's 26 annual annuity payments?

Oh, you are comfortable with the ever increasing # of "hackers" who are drawn to attempting to break into various financial institutions and lottery headquarters' online client files?

Oh, you are comfortable with the available knowledge that the U.S.A. has been in it's biggest recession, these past 5.3 years, ever experienced?  Plus, the available knowledge that past Federal Income Taxes have been been higher than 51% and could return to OR even surpass that rate [this year the highest Federal Income Tax Bracket is at 35%, which still isn't low, yet is approximately what it has been for a couple of decades]?  Yet, also is the fact that several states have jumped on the 'increase state income tax % train' lately!

Interesting comfort levels ... White Bounce

So, if you win the MM tonight, your state allows you to completely maintain your anonymity behind a blind trust? Because if not, the same 'hackers' will have enough information about you to do whatever they wish, and even if that's the case, what's to stop them from "attempting to break into various financial institutions and lottery headquarters' online client files" on a one-time payout, particularly one of this magnitude with this much publicity surrounding it?

I'm comfortable, thanks...Wink

ashabug725's avatarashabug725

Quote: Originally posted by ttech10 on Mar 30, 2012

Hmm, I don't think it's the same. The guy I'm thinking of married his high-school sweetheart, went in on a hotel with some stranger and then funded a family members idea for a plumbing part. He now (or at least at the time of the show) had to work miles from his family because, as he believes, nobody wants to give him work in his hometown because they're jealous he won and blew it.

That's who I was thinking of also

ashabug725's avatarashabug725

Quote: Originally posted by mcginnin56 on Mar 30, 2012

This is historical. World's largest Jackpot...and growing like a pregnant whale. Who wouldn't want to be a part of this unprecedented lottery history?

 

No one is complaining, because their to busy looking for a lottery terminal that hasn't melted down or caught on fire  Mad    yet, to place their bets!

I've hardly seen anybody buying tickets around here!!! I've maybe seen $50 being bought in my many gas station adventures (besides my winning one)

ashabug725's avatarashabug725

Quote: Originally posted by rock_nc on Mar 30, 2012

GOOD MORNING LP friends,

well today is the day when it's all up in the air about the largest Jackpot in American History. Will there ever be another one to top this one,maybe tonight will tell. If's there is NO WINNERS,then You can guess we're in unknown territory. I will buy my 100.00 dollars worth of tickets today in a SMALL TOWN USA.. Maxton,nc if any of you know where that is at. Going out of my Water Tower Town to try my luck. If I don't win,5 numbers right or the Whole Jackpot,then I guess it was'nt my time to win. But if it's not won tonight,then I guess I will buy two hundred dollars worth of ticket's on Tuesday. What a life it will be..Of course I will get all my Ducks in a Row first.

Water tower town... Love me some Scotty mccreery!!!

gordianknot

You know, I was just thinking, the State of Illinois, is now testing out the online lottery ticket sales for the Mega Millions game.
However I'm interested in the legal logistics of this.

For one it seem's that this will effect the State economy overall, since vendor's have grown to depend upon lottery ticket sales as a part of their profits etc.

The State is kind of shafting the vendor's by doing this, and in a way is most likely circumventing the allocating amounts in which they passed as part of the lottery laws, it's operational costs, advertising etc. as well as funding.

I do think it would be a bad idea to allow purchases to be made using credit cards, for gambling, however a debit should be okay.

But either way, there is still the issue of the vendor's.

For example South Carolina, if they have any excess amounts such as the taxes collected on Jackpot amounts which aren't allocated into the Educational purposes, but put into a "general Fund", this general fund may be allocated for anything that the State legislatures may wish to direct the funds too, even themselves, for example if they choose to allocate a one time 1-2% State employee bonus then those amounts would also benefit the General Assembly (and yes, they have brought the bonus idea up recently).

Also I feel, that all member States should coordinate with eachother, prior to offering free game tickets for the multi-State games.
Otherwise it would throw a favor towards one State over the other, since the State would be really buying the free tickets for their State players, in order to increase the States chances of having a winner, or multiple winner in their State, thus making even more profits by their investment, since they will get a higher return by the taxes.

Does anyone else feel a bit concerned about free multi-State game tickets being given out to residents of one State, and not the same afforded to all of the other States?
Enumeration would dictate that higher populated States, would gain even more by giving out freebies.

Or do I have this all wrong? idk, I only have a problem for free game tickets in one State and not the others, for the multi-State games only.

Something worthy to think about!

TheGameGrl's avatarTheGameGrl

Gordianknot,I get what your concepts entail, Just a wee bit perplexed in how a program which each state who participates has to be regulated? Its my understanding that each state who participates has rules but not one of them is to come to a GROUP decision on how state run "enticers" are played. They are at liberty to promote within the rules by the Multistate guidelines. I cringe though that a state would line its own politicians though....Our state lottery gives to a senior sector ....

So no I am not too concerned with these state run freebies (enticers).Ya either win or ya dont.

Tonight though I shall step up and graciously win the entire jackpot! :) A Dollar and a dream at a time.

gordianknot

Quote: Originally posted by TheGameGrl on Mar 30, 2012

Gordianknot,I get what your concepts entail, Just a wee bit perplexed in how a program which each state who participates has to be regulated? Its my understanding that each state who participates has rules but not one of them is to come to a GROUP decision on how state run "enticers" are played. They are at liberty to promote within the rules by the Multistate guidelines. I cringe though that a state would line its own politicians though....Our state lottery gives to a senior sector ....

So no I am not too concerned with these state run freebies (enticers).Ya either win or ya dont.

Tonight though I shall step up and graciously win the entire jackpot! :) A Dollar and a dream at a time.

Ty for the reply, and your thoughts on the matters, yea it's a bit disconcerting, knowing that they left a catch 22 in there in which they could easily manipulate,
and profit from at the expense of players/citizans.

For years I had been a gambler, for the most part from playing video gambling devices, that was until S.C decided that they wanted all of those dollars, and destroyed
A whole industry by making games of chance illegal.

At first, lawmakers stated they would allow the people of the State to vote on keeping gambling devices or making them illegal, then they changed their mind (feared that it would garner enough votes to keep them).

So instead they made them illegal, then when they wanted to create the lottery, they needed a means to give an exception to the rules, since a "Lottery Terminal" by the States own definition is considered a gambling device, and no distinction between a video poker/keno or lottery terminal, so they needed  the people of S.C to vote to have the lottery.

I voted against it, mostly based upon principles, since I also knew that it wasn't really going to be about education as they claim.

My biggest concern, was that they advertised originally that it was going to be for educational purposes, and of course most sane people I included (at least I hope I'm sane), could never argue against a State having more tools (money) to increase the availability of eductional quality for students.

But instead the vast majority of the funds collected for education, goes towards grants and scholarships, so it hasn't really effected a depreciation of taxation in the area of education in which matters most, the public educational system.

Instead it has supported secondary education, AKA the universities, allowing them to increase tuition costs, and giving higher incentitives to professor's in order to retain them.
But it also has driven the costs out of control.

I always thought, that all revenues raised by the State for educational purposes, should be allocated exclusively from the K-12 since it's excepted by the societies that basic education is the very least in which the societies should provide to the youths.

When they graduate, and decide to learn a trade, by attending an institution of higher learning, that's a responsibility I think in which should rest with the parents, or responsible party.
And while those graduating from an institution of higher learning, will eventually (with the exception of the recent lack of job's in the market) contribute to the societies via via adding to the national GDP.

I think giving grants etc. from State revenues to Universities is unfair, to the K-12 public educational system.
Since those monies being given will directly benefit only the towns/cities in which have Universities etc.
Whilst our public school system is underpaying the Teachers whom prepare those youth's for higher education.

Now onto your remark regarding "graciously win the entire jackpot :)" that couldn't be more of truth, if I had spoken it myself, I like to think that when I win tonight, I to would act deligently, and in a cautious manner, to insure that those monies would be shared, but also not used foolishly, since everyone of those dollars, were someones elses wishes and dreams!
That's the very least one should do, that is respect everyones best of hopes!

Best of luck tonight! ;)

gordianknot

Yea I know, I can post doozies as far as posts go.
You see. while I understand that incentitives can be used for advertising purposes, I also think that giving free plays for multi-State games if it is not coordinated across the board for all member States, it does sway, and change the fairness of the multi-state games.
For example States on average get to keep some 65% of all ticket sale prices, and 35% or $0.65 (or $1.30 for megaplier, and $ 1.30 and $1.95 for power ball power up) is kept by the State.
So a State can give a free ticket play for a mere $0.35, whilst the average person playing will have to pay $1.00 ($2.00) or $2.00 and $3.00 for a game play.
So a State that gives out free multi-state tickets, throws the odds in their favor of having more winners, and jackpot winners for a drawing.
That is an area I think in which needs, and should be addressed.

gordianknot

Congrat's to the single Mega Millions jackpot (as of the current time I'm posting) from Maryland..... WOW is all I have to say, although I thought that there would be between 5-7 winners sharing the Mega Millions Jackpot, once I noticed that #23 had been drawn as both a white ball, and as the Gold Mega Ball, I pretty much new that it reduced the chances of having so many winners.

So with that, again Congrat's to the single winner, and it is in my hopes that you use my wishes and dreams wisely!

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