You last visited May 23, 2013, 2:25 pm All times shown are Eastern Time (GMT-5:00) | $240 MILLION: Powerball lottery jackpot increased United States Member #111467 May 25, 2011 6323 Posts Offline
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can't be worse than jersey, can it ? Or NY and CA? | | |
Windermere, FL/Franklin, TN United States Member #50670 March 1, 2007 487 Posts Online | | Posted: June 12, 2012, 9:30 pm - IP Logged | |
can't be worse than jersey, can it ? Not sure about Jersey or CA but here in Orlando, the tax is roughly 18k for every million of assessed value. We also have a home in TN and the tax rate there is based on 25% of the assessed value...approx. 7k for every million of assessed value (not the actual value). | | |
Eatontown, NJ United States Member #119687 November 29, 2011 317 Posts Offline | | Posted: June 12, 2012, 10:47 pm - IP Logged | |
So true! with the property tax on many of the higher end homes being well in the 6 figure range it puts a slight damper on the positives our state has to offer. Hi Jill, you and dpoly got me nervous about those tax rates. They are expensive in Miami but with $160M cash after winning Powerball (yeah right), I think I'll be okay. I found a house in Miami for sale for $799K and the taxes in 2011 were $11,682. That's doable. The house is large enough for me and my family at 5bd/4ba, 4100 sq ft, built in 2005, on a golf course community. Here it is: Do you like it?    
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egg harbor twp.south jersey shore United States Member #112990 June 29, 2011 2506 Posts Offline | | Posted: June 12, 2012, 11:03 pm - IP Logged | |
Hi Jill, you and dpoly got me nervous about those tax rates. They are expensive in Miami but with $160M cash after winning Powerball (yeah right), I think I'll be okay. I found a house in Miami for sale for $799K and the taxes in 2011 were $11,682. That's doable. The house is large enough for me and my family at 5bd/4ba, 4100 sq ft, built in 2005, on a golf course community. Here it is: Do you like it?    
golfer1960, LOL, doable ? $799k and taxes are $11,682 ? chump change ! my house is worth abt. 350/375, taxes abt. 9100. Extraordinary Popular Delusions & the Madness of Crowds -- Charles Mackay LL.D. | | |
Eatontown, NJ United States Member #119687 November 29, 2011 317 Posts Offline | | Posted: June 12, 2012, 11:30 pm - IP Logged | |
golfer1960, LOL, doable ? $799k and taxes are $11,682 ? chump change ! my house is worth abt. 350/375, taxes abt. 9100. I know haymaker. My taste are conservative (i'm cheap). I can't see myself in a mansion with huge overhead. Scares me. | | |
United States Member #4963 May 30, 2004 3871 Posts Offline | | Posted: June 12, 2012, 11:30 pm - IP Logged | |
240M$ j/p... 60M$ w/ 4 winners? (let's spread it around!) G@@D>>>>>>????>>but<<Let'$$$ NOT<<SPREAD it around!!!! $PLIT>it>w/>>U/me Quebec Papa$$

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Windermere, FL/Franklin, TN United States Member #50670 March 1, 2007 487 Posts Online | | Posted: June 13, 2012, 11:29 am - IP Logged | |
Hi Jill, you and dpoly got me nervous about those tax rates. They are expensive in Miami but with $160M cash after winning Powerball (yeah right), I think I'll be okay. I found a house in Miami for sale for $799K and the taxes in 2011 were $11,682. That's doable. The house is large enough for me and my family at 5bd/4ba, 4100 sq ft, built in 2005, on a golf course community. Here it is: Do you like it?    
Not bad, looks very nice! The taxes were most likely based on a much lower valuation but it is within reason for that home. I like the paved driveway but it seems that it only has a 2-car garage? Where would you park all your toys? | | |
Windermere, FL/Franklin, TN United States Member #50670 March 1, 2007 487 Posts Online | | Posted: June 13, 2012, 11:35 am - IP Logged | |
golfer1960, LOL, doable ? $799k and taxes are $11,682 ? chump change ! my house is worth abt. 350/375, taxes abt. 9100. haymaker- $9100 on property taxes on a home worth 350/375k ?! I thought the taxes were bad here in Florida but your state takes the cake I guess having the honor of being one of the highest taxed states is a reason so many have relocated elsewhere. | | |
egg harbor twp.south jersey shore United States Member #112990 June 29, 2011 2506 Posts Offline | | Posted: June 13, 2012, 12:15 pm - IP Logged | |
haymaker- $9100 on property taxes on a home worth 350/375k ?! I thought the taxes were bad here in Florida but your state takes the cake I guess having the honor of being one of the highest taxed states is a reason so many have relocated elsewhere. Yes, thats why many have bailed. The problem is funding education, 69% of those taxes go to the school district. Extraordinary Popular Delusions & the Madness of Crowds -- Charles Mackay LL.D. | | |
Ga United States Member #120470 December 20, 2011 113 Posts Offline | | Posted: June 13, 2012, 12:45 pm - IP Logged | |
I wonder how much it will jump.if it tools over agian. I'll guess $312. | | |
Windermere, FL/Franklin, TN United States Member #50670 March 1, 2007 487 Posts Online | | Posted: June 13, 2012, 12:56 pm - IP Logged | |
Yes, thats why many have bailed. The problem is funding education, 69% of those taxes go to the school district. 69% towards schools?! Here in Florida it's "only" 47% perhaps that's one of the reasons why our children in the public sector are doing so poorly. | | |
United States Member #122336 January 29, 2012 33 Posts Offline | | Posted: June 13, 2012, 5:18 pm - IP Logged | |
Well ten bucks of this pot is mine. I played my usual set of numbers, two from last nights fortune cookies and two quick picks. The gas station down the street where I bought my tickets tonight had somebody hit a million dollar winner earlier that day on a $20 instant lottery ticket. (I don't play instant lottery although I have bought a few White Sox scratch tickets as that's my favorite team so their sucker promotion using MLB worked it's charm on me.) I hope one of us wins tonight, here's to a different life come Thursday......cheers!
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Eatontown, NJ United States Member #119687 November 29, 2011 317 Posts Offline | | Posted: June 13, 2012, 11:23 pm - IP Logged | |
Not bad, looks very nice! The taxes were most likely based on a much lower valuation but it is within reason for that home. I like the paved driveway but it seems that it only has a 2-car garage? Where would you park all your toys? Jill, Hopefully, I won't need more than 2 cars. One for me and my girlie! I would like to have my own custom golf cart too. So I might need a 2 1/2 car garage.  I'll buy this Cadillac Custom Golf Cart for the half garage: 
I see you play golf. Do you have your own cart? | | |
Elgin, IL United States Member #93570 July 2, 2010 291 Posts Offline | | Posted: June 14, 2012, 1:12 am - IP Logged | |
Well, the hype of that is over. It was won in Iowa. | | |
Texas United States Member #92358 June 5, 2010 642 Posts Offline | | Posted: June 14, 2012, 1:23 am - IP Logged | |
Congrats to Iowa, I think it's been a while for them (the site I check for past jackpot wins by state doesn't do PB, so not sure on that). Maybe this rollover will be my time, people will be looking at this win and some may even bring up the last time Iowa made news for a lottery win. | | |
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