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Mechanic and his wife are Missouri winners of $588M Powerball jackpot

Topic closed. 82 replies. Last post 2 years ago by Ronnie316.

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tvboris's avatar - aim

United States
Member #131461
August 11, 2012
86 Posts
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Posted: December 2, 2012, 12:06 am - IP Logged

Does anyone know what the total take, not just the prize, was for this drawing?  It's usually double the actual prize, I think.

If the lottery payout is still less that 50%, that difference is an awful big one.

The last big one, the Mega Million drawing, actually took in over a $1,000,000,000.

I'm guessing it is less then billion.

587 mil - 325 mil = 252 mil. (increase for jackpot), but this is annuity based, so not real number

719 mil - 587 mil = 132 mil (in second and below prizes)

252 mil + 132 mil = 384 mil in payout. 

Even though the jackpot increase is annuity based, and you would think 384 mil is 50%, still not enough for the billion.


But over the course of 16 drawings before it got that big it def-ly took in more than a billion of our earned money. 

    Avatar
    New Member
    Germantown, Md.
    United States
    Member #134622
    November 1, 2012
    10 Posts
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    Posted: December 2, 2012, 8:01 pm - IP Logged

    Sometimes Lady Luck does pick the right people. I always say when there is a winner " I hope it is someone who needs it and someone who can handle it". I hope that the Hills get their teem of Professionals together and this will last for many generations to come. Mrs. Hill said they would like to adopt another child from China, They can adopt a whole village now.

      Avatar
      Texas
      United States
      Member #132460
      September 4, 2012
      483 Posts
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      Posted: December 3, 2012, 10:48 am - IP Logged

      They deserved the winnings here, both have their own stories to tell and surely, they are good person.

        ressuccess's avatar - WhiteShyGuy

        United States
        Member #93166
        June 23, 2010
        835 Posts
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        Posted: December 3, 2012, 4:54 pm - IP Logged

        I didn't know that the Powerball Jackpot was revised upward to $588 million. It will be part of my current event speech for tomorrow. Explain why this Powerball Jackpot was revised upward to $588 million after sales?

          Avatar
          Milwaukee, WI
          United States
          Member #3131
          December 27, 2003
          665 Posts
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          Posted: December 4, 2012, 8:16 am - IP Logged

          Now they are crying how the want to live normally in an article.

          Waaaaaaaaa! Poor me, all this money........

          Was it better out of a job?

            rdgrnr's avatar - walt
            -Ridge Runner- Oracle of the Appalachians
            Way back up in them dadgum hills, son!
            United States
            Member #73904
            April 28, 2009
            14903 Posts
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            Posted: December 4, 2012, 8:58 am - IP Logged

            Now they are crying how the want to live normally in an article.

            Waaaaaaaaa! Poor me, all this money........

            Was it better out of a job?

            I didn't notice any crying. Sounded pretty happy to me.


              United States
              Member #116272
              September 7, 2011
              20244 Posts
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              Posted: December 4, 2012, 9:07 am - IP Logged

              I'm guessing it is less then billion.

              587 mil - 325 mil = 252 mil. (increase for jackpot), but this is annuity based, so not real number

              719 mil - 587 mil = 132 mil (in second and below prizes)

              252 mil + 132 mil = 384 mil in payout. 

              Even though the jackpot increase is annuity based, and you would think 384 mil is 50%, still not enough for the billion.


              But over the course of 16 drawings before it got that big it def-ly took in more than a billion of our earned money. 

              Excellent point tvboris, very few people notice that the states take in HUGE amounts of money week after week after week after week while paying out ZERO in JP money.......


                United States
                Member #116272
                September 7, 2011
                20244 Posts
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                Posted: December 4, 2012, 9:08 am - IP Logged

                Now they are crying how the want to live normally in an article.

                Waaaaaaaaa! Poor me, all this money........

                Was it better out of a job?

                Its the curse.....What?