Search

ForumsResults 1 - 10 of 19 for taxes. (0.04 seconds)

Florida Fantasy-5 Players
Here's my scientific wild guess as to what we'll see as a big FF5 jackpot payout after March 20th - $300,000 take per drawing. That translates into $150,000 allocated to the winning prize pool. 62% of $150,000 is $93,000 (before taxes) So jackpot payouts will be about $85,000 to $93,000 before taxes and that's if nobody else matched 5 numbers. After a pari-mutuel split and taxes taken out, a players check for a jackpot win could easily be $15,000 to $25,000. Great. Just great. Gone are t
Mar 8, 2023, 9:30 am - GiveFive - Pick 5 Forum

Florida Fantasy-5 Players
One thing about JPT and it's 2 million dollar jackpots and The Cash Option..... The Annuity Option is as follows, 25 annual payments for JACKPOT TRIPLE PLAY to receive 2 million dollars before taxes. Jackpot Triple Play winners who want to receive a single cash payment must claim their prizes within the first 60 days after the draw date . Applicable federal income tax withholding will be deducted at the time payments are made for the cash option. If you take The Cash Option, obvious
Sep 19, 2022, 8:11 am - GiveFive - Pick 5 Forum

Florida Fantasy-5 Players
I don't know why I'm typing this....aint anybody reading it.... In addition to the above info I posted about JPT, there have been six jackpot winners with a Free Ticke t... Two of those six won $1.4 million each. I always buy the Combo Option when I play JPT. You get three lines for $1.00. (or 33 cents per line without the Combo, so when adding The Combo, the price per line goes up to 66 cents per line) Considering that I'm OK with paying $3.00 per line when I play PowerBall (I alway
May 12, 2023, 7:53 am - GiveFive - Pick 5 Forum

Florida Fantasy-5 Players
The game really had only one decent prize and now that was been reduced by this change. That normally $10 for beating 80 something to 1 odds was/is a joke. And that second prize which many times wasnt even $100 is a huge slap in the face for someone beating 2400 to 1 odds.....now beating nearly 400,000 to one odds isnt going be even $100,000 after taxes. I will be surprise if this doesnt take a huge hit in the amount of people playing.
Mar 21, 2023, 9:32 am - Dreamer1270 - Pick 5 Forum

Florida Fantasy-5 Players
Here's what's wrong with playing JPT when the jackpot is low..... A guy in North Fort Myers won a $300,000 jackpot playing JPT on December 2nd. OK great! Congrats to him and I know he's very happy to have won. BUT!! While the advertised jackpot was $300,000, he took the Cash Option, and therefore he received $195,802. Although I'm not sure about this, that amount is probably BEFORE TAXES! If I'm correct, he took home probably about half the advertised jackpot. $195,800 before taxes is wh
Dec 7, 2022, 9:00 am - GiveFive - Pick 5 Forum

Florida Fantasy-5 Players
I've been thinking about JPT. It's probably going to take a while before somebody hits the two million dollar jackpot, and if they take the cash option (most people have done exactly that) they probably will receive a prize of less than $1,300,000 before taxes.... Remember last Summer how it took a couple of months of rolldown drawings until the jackpot was won? The winner took the cash option and won $1,368,000 before taxes. I think the same thing is going to happen with this $2,000,000 ja
Oct 19, 2022, 7:04 am - GiveFive - Pick 5 Forum

Florida Fantasy-5 Players
What would you do with the money? $135,000 isn't so life changing, especially after Uncle Sam takes his share. That's a question a few folks in my family have asked me, and I realized something when they said it, and that's that they're right to a certain extent. Depending upon one's financial situation, it could be very life changing. I have a mortgage, it's not overly big, so even after federal income taxes were taken out of my total winnings, I could pay off my mortgage. Even though my m
Jun 4, 2024, 10:25 am - GiveFive - Pick 5 Forum

Florida Fantasy-5 Players
You wont believe this, but................. I've changed my thinking a little bit with regard to only playing the evening draw - provided I even play at all. If I win any Free Tickets in the evening draw, I'm going to play all of them in the midday. That's because i just looked at The Top Prize Winner report and some lucky dog got a Free Ticket at a Publix in Tampa and won $71,000! What the heck... It's a QP and you just never know. 71 grand before taxes off a Free Ticket is a nice payda
Apr 23, 2023, 9:19 am - GiveFive - Pick 5 Forum

Florida Fantasy-5 Players
Here's why I dont like the additional drawing per day - If there are multiple jackpot winners, then the jackpot is divided equally among them. (That's not changing) Suppose there are four winners of the jackpot which was $100,000. That means each winner will receive $25,000 before taxes! A player might net $18,000. Big deal!! NOT!!!! A $100,000 jackpot will be a whopper of a jackpot. We might see a jackpot that big on Friday's and Saturday's, but the rest of the days of the week the jack
Mar 9, 2023, 2:04 am - GiveFive - Pick 5 Forum

Florida Fantasy-5 Players
Yes, The Snowbirds are definitely in town................ The Top Prize Winners and Retailer Report reveals that on 1/24/2023 a woman from West Haven Connecticut roared into Sebastian Florida, picked five numbers, and walked away with $34,860 before taxes. I'm totally jealous. That's because I know West Haven... it's a nice town... but that lady should stay in Ct and play her own stupid lottery. I'm sure she completely disagrees with me. I can see her now giddily calling all of her frie
Jan 26, 2023, 8:58 am - GiveFive - Pick 5 Forum

Page 1 of 2