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Britons go lotto loopy for £100m Euro Millions draw

Topic closed. 35 replies. Last post 11 years ago by gocart1.

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LOTTOMIKE's avatar - cash money.jpg
Tennessee
United States
Member #7853
October 15, 2004
11338 Posts
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Posted: January 28, 2006, 7:04 pm - IP Logged

you never know in britain.when they say they gained some pounds you wonder if they mean money or weight....

    dvdiva's avatar - 8ball

    United States
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    September 17, 2003
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    Posted: January 29, 2006, 2:12 am - IP Logged

    you never know in britain.when they say they gained some pounds you wonder if they mean money or weight....

    They don't use pounds for a weight measurement in the UK. They use metric or stone but if a person has gain a couple of stones  in weight they have a serious problem.

      dvdiva's avatar - 8ball

      United States
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      September 17, 2003
      2063 Posts
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      Posted: January 29, 2006, 2:20 am - IP Logged

      According to figures from posh bankers Coutts & Co, they'll be earning around £12,300 a day in interest alone — that's £86,300 per week.

      That equates to:  $21,812 USD a day and $153,035 USD a week,  With money like that at stake, why do people spend months (and according to atleast one thread, years) screwing around figuring out how to divide it?  Why not get it, and then make money, while trying to figure out how to divy it up?  You wait a month, and you have (potentually) lost, FOREVER, 384 thousand dollars.  If you do not think, losing 384 thousand dollars a month, due to indecision is stupid, you shouldn't be playing the lotterys.  Get the money, invest it, and do the tax thing, or the divy thing, at your leisure.  If you're too rich to care, give the money to an Animal Shelter!

       

      That money is small potatoes compared to a long prison sentence over tax evation if you don't take the time to set up trusts, etc before picking the ticket up. When it  comes to large sums of money it's better to try to have a cool head and take the time to do things right.

        powerplayer's avatar - Lottery-022.jpg

        United States
        Member #17834
        June 28, 2005
        2083 Posts
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        Posted: January 29, 2006, 2:26 am - IP Logged

        Crazy...but that 's how it goes !!

        Hmm..I think I heard that in a song. LOL 

        OZZY!!

        OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!

        THE WIZARD OF OZ..... 

        OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!OZZY!!

         

        Good luck to everyone!!!

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          Sparta, NJ
          United States
          Member #18331
          July 9, 2005
          1977 Posts
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          Posted: January 29, 2006, 8:26 am - IP Logged

          According to figures from posh bankers Coutts & Co, they'll be earning around £12,300 a day in interest alone — that's £86,300 per week.

          That equates to:  $21,812 USD a day and $153,035 USD a week,  With money like that at stake, why do people spend months (and according to atleast one thread, years) screwing around figuring out how to divide it?  Why not get it, and then make money, while trying to figure out how to divy it up?  You wait a month, and you have (potentually) lost, FOREVER, 384 thousand dollars.  If you do not think, losing 384 thousand dollars a month, due to indecision is stupid, you shouldn't be playing the lotterys.  Get the money, invest it, and do the tax thing, or the divy thing, at your leisure.  If you're too rich to care, give the money to an Animal Shelter!

           

          That money is small potatoes compared to a long prison sentence over tax evation if you don't take the time to set up trusts, etc before picking the ticket up. When it  comes to large sums of money it's better to try to have a cool head and take the time to do things right.

          Tax evasion? What does that have to do with claiming the lottery?  In case you haven't figured it out, they have zero to do with each other. Z-E-R-O!  The IRS is NOT a subset of any state Lottery.  My state, New Jersey, has an obligation to withhold 25% (if you have a SSAN) - then they fade into the background when it comes to taxes. No state tax on NJ lotto winnings. 

          In almost every state, it takes weeks to get the money transferred to you, after you step forward.  Why wait months to claim the money and then wait another month, or more, for the transfer?  That is not a financially sound decision.  You are willingly allowing some other entity to make money that could easily be yours.  You are aallowing them to take money out of your pocket.   That is ludicrous.  You don't owe any money to the IRS until the next tax cycle. Use that time to assemble the professionals and build your portfollio.  You don't have to sit on your thumbs and play switch; amazingly, you can actually be proactive.

          Some people may have lived a sheltered life, and not realized banks handle money 24/7; sums much larger then one will ever win in a lottery.  Bank of America, Chase, etc., they all have professional people who do this sort of thing for a living.  The bank makes or looses mony based on their strategy with your money.  When multi-millions are involved, they will put their best people at your disposal.  I am 45 minutes from Lottery Headquaters, and another 45 minutes from the heart of the New York City banking industry.  That is all the time I need. That's all the professionals I need.  Atleast until well into the future, where re-evaluation should be done.

          Waiting to claim the money only delays the transfer to your account.  That is a loss.  A loss is a loss, no matter how it is phrased.  Use the system, don't let the system use you.  Be decisive.   Think beyound this afternoon.  Prepare to win as willingly as you prepare to loose.   I have already documented steps for each phase of the process, including flowcharts.  I know exactly what I am going to do from the minute I see the numbers displayed on usamega,  through the following year.  I plan to win, and I plan to get as much of what I win in my possession as soon as possible; that includes bank loans and advances.   The phrase, Time IS Money was created for a reason.

           

          Cheers

          |||::> *'`*:-.,_,.-:*''*:--->>> Chewie  <<<---.*''*:-.,_,.-:*''* <:::|||

          I only trust myself - and that's a questionable choice

            gocart1's avatar - lighthouse
            ONEONTA,NEW YORK
            United States
            Member #30516
            January 17, 2006
            419 Posts
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            Posted: January 30, 2006, 11:50 am - IP Logged

            your so right chewie