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Record $587.5 million Powerball jackpot won by 2 tickets

Topic closed. 125 replies. Last post 1 year ago by Ronnie316.

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Delaware
United States
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July 1, 2010
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Posted: November 29, 2012, 10:35 am - IP Logged

I wonder if Larry Fitzgerald is the winner.. he posted 2 hours ago he was checking his tickets and hasn't updated yet LOL.

I figured Delaware would get no piece of this pie anyway since we won the last jackpot before that but onto the next one! Party


    United States
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    September 7, 2011
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    Posted: November 29, 2012, 10:37 am - IP Logged

    Aye, I'd imagine the same folks that I saw buying tickets with huge stacks of 20's on the March $656M jackpot did the same this time around, I just hope that wasn't money reserved for food or Christmas.

    We did have one of the 1 Million dollar winners in our area, just down the road in Humble, congrats to all the winners!

    If a person saved up $25. each draw, they would have $2600. at the end of a year for the shotgun approach.

      Factorem's avatar - candle

      United States
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      October 12, 2011
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      Posted: November 29, 2012, 11:08 am - IP Logged

      Wouldn't that be 79,000 possible combinations if you spent $158,000?

       

      Smiley Santa

      You are correct that even $158,000 could have purchased only 1/2 of 158,000 or 79,000 of PB tickets.

      This value is still a long way from 5,006,386 tickets of distinct white ball  combinations which would have required an investment of $10,012,772, time, and tasking logistics in order to ensure at most, a single $1,000,000 win.

        Kumo's avatar - ebDWVf6 jpg?1

        United States
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        January 27, 2012
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        Posted: November 29, 2012, 11:19 am - IP Logged

        If a person saved up $25. each draw, they would have $2600. at the end of a year for the shotgun approach.

        I'd probably go take that and put it in stocks or gold, I rarely play over 2 lines per drawing.

        Played 6 this time around but it only put me $16 in the hole, by comparison I've seen young Soldiers blow half a paycheck downrange on DG's and booze on a Friday night.

        Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same. ~Ronald Reagan

        "None are more hopelessly enslaved than those who falsely believe they are free." ~Wolfgang von Goethe

        "It's preferable to be harmlessly paranoid than fatally stupid."  ~Anonymous

          RedStang's avatar - mustangstu zps4c591ef5.jpg
          Dutchess , NY
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          Posted: November 29, 2012, 11:28 am - IP Logged

          This should have been a new record, but i think the amount of second place winners took them by surprised. They sold 281mill tics. Wheres the rest of the money?

            Nikkicute's avatar - nnjx1k
            RIGHT HERE!!
            United States
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            February 17, 2012
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            Posted: November 29, 2012, 11:33 am - IP Logged

            Why do I keep thinking someone from California drove to Arizona and

            has the winning ticket, you think that could have happenedWhat?

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              Delaware
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              Posted: November 29, 2012, 11:41 am - IP Logged

              Why do I keep thinking someone from California drove to Arizona and

              has the winning ticket, you think that could have happenedWhat?

              Quite possible..

                Kumo's avatar - ebDWVf6 jpg?1

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                Posted: November 29, 2012, 11:51 am - IP Logged

                This should have been a new record, but i think the amount of second place winners took them by surprised. They sold 281mill tics. Wheres the rest of the money?

                I seem to remember seeing some numbers that around 1/5th of all the money taken in by the lottery goes into the actual jackpot take home pay after 35% Fed and variable State taxes. The rest goes to the government, operating costs and smaller prizes.

                The two winners netted around $246.8M total after Federal tax on a CVO and approximately $105M went to the smaller prizes after taxes.

                So if the 1/5th thing is true, that leaves over $800M and it definitely does not cost that much to run the lottery.

                The big winners here were the States and Uncle Sam.


                Edit: It get's even uglier next year when taxes go up from 35% to 43.4% on the largest income bracket... and this does not include State or Municipal taxes.

                Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same. ~Ronald Reagan

                "None are more hopelessly enslaved than those who falsely believe they are free." ~Wolfgang von Goethe

                "It's preferable to be harmlessly paranoid than fatally stupid."  ~Anonymous

                  whiteballz's avatar - Lottery-015.jpg
                  Nutley, New Jersey
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                  Posted: November 29, 2012, 11:52 am - IP Logged

                  Why do I keep thinking someone from California drove to Arizona and

                  has the winning ticket, you think that could have happenedWhat?

                  you keep thinking that because Californians manage to win jackpots some way, some how. I still remember Californian Daniel Bruckner winning a MM jackpot with a ticket he bought while on vacation in NY.

                  .

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                    New Member
                    Plainwell Michigan
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                    October 11, 2011
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                    Posted: November 29, 2012, 12:06 pm - IP Logged

                    Congrat's tigerfan!!! Party

                    Will you be writing a book on your story?

                    I'm glad a new member won also, what a happy ending for you.  Lovies

                    Congrats to you what you giong to do first and remember to give back ok Hyper

                      LottoBoner's avatar - the mad-hatter.jpg
                      10/6
                      NYC
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                      Posted: November 29, 2012, 12:29 pm - IP Logged

                      arizona?  was it ronnie?

                      Thinking of...

                      sorry just woke up, haven't read the thread yet.Yawn

                      The Trend Is Your Friend - The GOLDEN LADY

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                        jjtheprince's avatar - DiscoBallGlowing
                        St. Louis, MO
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                        Posted: November 29, 2012, 12:42 pm - IP Logged

                        Some a$$hole(s) won my Powerball! Rant

                         

                        LOL

                         

                        Well there's always next time.

                          ressuccess's avatar - WhiteShyGuy

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                          Posted: November 29, 2012, 12:48 pm - IP Logged

                          That's the 2nd biggest jackpot in United States History this year and split in two ways! Ouch is my reaction!

                            whiteballz's avatar - Lottery-015.jpg
                            Nutley, New Jersey
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                            Posted: November 29, 2012, 1:09 pm - IP Logged

                            Some a$$hole(s) won my Powerball! Rant

                             

                            LOL

                             

                            Well there's always next time.

                            one of the tickets is from MO. How often does MO win jackpots? It's probably going to be a while before we get another MO winner.

                            .

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                              New York
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                              November 1, 2012
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                              Posted: November 29, 2012, 1:16 pm - IP Logged

                              my powerball number is 11, so yea its pretty close ......i purchased all quick picks.

                              i was close too Disapprove