Brooklyn teen wins $1,000 a week for life

He has to pay almost 38% in taxes?! Seem a bit steep for only 52k per year!

Nice... he does not have to wrorry about working if he does not want too. He can live just within his means and he will be just find.. Or he can work as well and live a nice upper class life.. That is amazing .. I wish him the best..

Congratulations both on your win and on your graduation!!

He bought 5 at that time. He's not a big gambler..lol I use to tell him to go to my dads store for lottery but he never came in :(

25% Federal and the rest in state and local tax. Money doesn't go to far in his area.

R YOU DRUNK OR YOU HATING i think both you think im not going to splurg if i get 1000 a week ??? whats a "bmw' lifestyle ????

He was most likely referring to a lavish lifestyle. The winner nets $32,398 per year after taxes which comes out to about $623 per week.  A well equipped 335i will set him back about 50k. Assuming he finances the entire purchase,  factor in gas/insurance and he could very well be looking at $1600-1800 per month.

That kind of money doesn't go too far in NY city especially if splurging on a nice vehicle. He can most likely make ends meet if he plans on living with his parents for a very long time.

$1000 a week is chump change after taxes nowadays.

That ain't BMW money unless a BMW is all he wants out of life.

I agree, but this win + a regular job = very nice income.  The tough thing about winning so young is that he won't feel the burning need to get and keep a good job.  But if he can make it happen, he's going to have a lot of advantages in life.

We need more winners like this, in our 30-40-50-60+ LP membership base. I think the "Lucky for Life" game ($1000 per day for life), is ready to

give up a new winner soon. This way we can lead the BMW, Lexus, Mercedes lifestyle without scrimping. (no need to live with our parents either!).

Salo � who rarely plays the lottery but beat the 1 in 7,896,000 odds with his single ticket � said he plans to splurge on a new BMW and pay for his college education.

First the BMW thing, maybe he works and will keep working because he will certainly need to if he buys a NEW BWM. That 52k per year before taxes ain't gonna cover it but as a supplement income, not bad at all. Second, he rarely plays the lottery? He's 18 freaking years old, he hasn't had the chance to really regularly PLAY the lottery yet, at least legally.

That's a good thing.. you know how many keep working on a job they hate so much just to keep the check rolling in so they can pay their bills? (cough coughmememecough) ...  I say 1,000 a week is a blessing even after taxes.. He does not have to stay on a job if he hates it.. he has options to stay in school and get a degree and not have to worry about how to pay his loan ...

Rob, congratulations on your exciting lottery jackpot win!

"You keep livin" then.

Yup, its not easy to get by here in NY with the ever increasing taxes.  This guy will learn about that too! I agree with Todd that if he can make the most of this early 'gift' he has been given in life he could go far.  And he is learning FAST how much NY taxes you!

I like to try to beat NY out of the taxes - play games that only pay $600 or less (Numbers & Win 4) and then 'press' those games up to be able to win for MORE than the $600 cap by playing multiple tickets.  Hit for $800 on 4 - $200 tickets before.  NO TAXES outta that win!!! But NY gets back at me cuz I also play Take 5, and sometimes Mega & Powerball I have hit for over $600 on those and had to pay taxes on it!! 

Did anyone notice that the winning Powerball ticket was most likely won by a rich east coast person/s ............ oh wait, it was won in the midwest, Iowa!