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Record Powerball lottery won by one Nebraskan

Topic closed. 63 replies. Last post 11 years ago by Uff Da!.

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United States
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September 3, 2004
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Posted: February 20, 2006, 10:43 pm - IP Logged

my congrats to the winner!! Please do NOT squander this oppo!!!! GL

 

Drum

--winner2b

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    United States
    Member #10720
    January 23, 2005
    933 Posts
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    Posted: February 20, 2006, 11:43 pm - IP Logged

    Congratulate the RNG in the lottery terminal, that's what really picked the numbers... plus the exact timing of the purchaser who said at some very exact time "5 quick picks please" and the clerk who at an exact time hit the button on the machine. I do feel the store clerk deserves a decent tip being they hit the button at exactly the right time. If the purchaser had picked their own numbers then the clerk would have deserved 0.

    Question, is there a legal clause somewhere that says "any stories that mention Powerball or Mega Millions MUST, at the end of the article, mention that it's played in n states and which states those are, or else"? 

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      Knoxville
      United States
      Member #13510
      April 7, 2005
      89 Posts
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      Posted: February 20, 2006, 11:51 pm - IP Logged

      You could give your 60 closest friends/relatives $2million a piece and still have $240million left over.  No need to worry about this guy landing in the poor-house, ever.

       

      It would be easy to piss away a few million dollar.  I am reasonably intelligent, but a few million dollars wouldn't last me forever.  However, anything over $13million I think I could make last into retirement (I am 33).

       

        justxploring's avatar - villiarna
        Wandering Aimlessly
        United States
        Member #25360
        November 5, 2005
        4461 Posts
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        Posted: February 21, 2006, 2:13 am - IP Logged

        "Two words: Patriot Act.  Sounds great, is extremely dangerous." Chewie

        100% AGREE!  Big Brother is watching us.  Have you applied for a job lately?  I have no problem peeing in a cup, unless they're starting to monitor estrogen levels!  However, between criminal background checks and credit checks, I'm waiting for the day they start asking for DNA.  Everyone will have their genetic code on file in a central data base.

          RJOh's avatar - chipmunk
          mid-Ohio
          United States
          Member #9
          March 24, 2001
          19828 Posts
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          Posted: February 21, 2006, 3:16 am - IP Logged

          Deciding just how much to tip the person who sold the winning ticket would certainly be a difficult personal decision. If it was a qp that hit and they pressed the terminal button producing the winning string, I'd actually feel more pressure to give a bigger tip than if it was my own pick.

          Smiley

          For me the problem would not be "how much" but "what kind" of tip to give.  If I won with a QP, I would tell them to play a QP, it worked for me and if I picked my own numbers I would give them my latest list of hot numbers to play, maybe they would get lucky like I did. Wink

          Or maybe I would just go straight to lottery headquarters, collect my money and never visit that store again, not even to congratulate them on receiving a check for selling the winning ticket.

           * you don't need to buy more tickets, just buy a winning ticket * 
             
                       Evil Looking       

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            Sparta, NJ
            United States
            Member #18331
            July 9, 2005
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            Posted: February 21, 2006, 7:49 am - IP Logged

            I'm waiting for the day they start asking for DNA.  Everyone will have their genetic code on file in a central data base.

            Mine already is - for "emergency use only"!  Isn't that what some painter told the Jews?

            Cheers

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

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

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              Coastal Georgia
              United States
              Member #2653
              October 30, 2003
              1866 Posts
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              Posted: February 21, 2006, 8:15 am - IP Logged

              >Store video tape indicates the ticket was sold at 3:09 p.m. Friday, Feb. 18, 2006, to one of two unidentified males.

              That is not the purpose of store surveillance cameras.  Beyond idle curiousity, what purpose does this serve? Why does the lottery or store need to treat this like a criminal investigation? All technology will eventually be abused and misused.

              I Agree!  THIS is quite the real story here--Misuse of the security camera.

              I'm sure that the camera serves a good purpose with ID'ing people that rob the store, or in some cases ID'ing suspects wanted by Law enforcement or missing persons , but in this case it is an invasion of these people's privacy.

               

              Has the footage made it to the local / national news yet ?

               

                                             

                            

               

               

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                United States
                Member #972
                December 30, 2002
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                Posted: February 21, 2006, 9:42 am - IP Logged

                You could give your 60 closest friends/relatives $2million a piece and still have $240million left over.  No need to worry about this guy landing in the poor-house, ever.

                 

                It would be easy to piss away a few million dollar.  I am reasonably intelligent, but a few million dollars wouldn't last me forever.  However, anything over $13million I think I could make last into retirement (I am 33).

                 

                I wouldn't worry about going broke, I would worry that someone would quit their job, go hog wild spending money like a drunken sailor or Jack Whittaker, and after they've burned through their $2 million come back to me like I'm some sort of endless ATM. I would like to give people money, yet I'm quite wary of giving people money. I would rather pay off their mortgage, car or student loan, pay for college, pay for home repairs or dental work or pay for a vacation, things that would give them money and free up the money they make for other uses without giving them excess cash to go crazy with.

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                  Knoxville
                  United States
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                  April 7, 2005
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                  Posted: February 21, 2006, 1:45 pm - IP Logged

                  You could give your 60 closest friends/relatives $2million a piece and still have $240million left over.  No need to worry about this guy landing in the poor-house, ever.

                   

                  It would be easy to piss away a few million dollar.  I am reasonably intelligent, but a few million dollars wouldn't last me forever.  However, anything over $13million I think I could make last into retirement (I am 33).

                   

                  I wouldn't worry about going broke, I would worry that someone would quit their job, go hog wild spending money like a drunken sailor or Jack Whittaker, and after they've burned through their $2 million come back to me like I'm some sort of endless ATM. I would like to give people money, yet I'm quite wary of giving people money. I would rather pay off their mortgage, car or student loan, pay for college, pay for home repairs or dental work or pay for a vacation, things that would give them money and free up the money they make for other uses without giving them excess cash to go crazy with.

                  I was just making the point that it would be hard to squander such a large amount of money.  I don't think I know 60 people well enough to give them anything, I can think of about 30 friends I would share with and I don't think I would give them 2 million dollars.  You would have to be careful about who you gave the money to.  I always thought I would give my relatives so much per year with the stipulation that they keep a job or attend a university and everyone would get a house regardless.  I should also correct the fact that I didn't take taxes into account.  Over 30 years you would take in $219million, so if you gave away $120million you would still have $100million left over. 

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                    Sparta, NJ
                    United States
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                    July 9, 2005
                    1977 Posts
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                    Posted: February 21, 2006, 2:10 pm - IP Logged

                    You could give your 60 closest friends/relatives $2million a piece and still have $240million left over.  No need to worry about this guy landing in the poor-house, ever.

                     

                    It would be easy to piss away a few million dollar.  I am reasonably intelligent, but a few million dollars wouldn't last me forever.  However, anything over $13million I think I could make last into retirement (I am 33).

                     

                    I wouldn't worry about going broke, I would worry that someone would quit their job, go hog wild spending money like a drunken sailor or Jack Whittaker, and after they've burned through their $2 million come back to me like I'm some sort of endless ATM. I would like to give people money, yet I'm quite wary of giving people money. I would rather pay off their mortgage, car or student loan, pay for college, pay for home repairs or dental work or pay for a vacation, things that would give them money and free up the money they make for other uses without giving them excess cash to go crazy with.

                    I was just making the point that it would be hard to squander such a large amount of money.  I don't think I know 60 people well enough to give them anything, I can think of about 30 friends I would share with and I don't think I would give them 2 million dollars.  You would have to be careful about who you gave the money to.  I always thought I would give my relatives so much per year with the stipulation that they keep a job or attend a university and everyone would get a house regardless.  I should also correct the fact that I didn't take taxes into account.  Over 30 years you would take in $219million, so if you gave away $120million you would still have $100million left over. 

                    Actually you would have a whole lot less - gift taxes are up around 40-50%, so for every two million you gave away, or house you bought, or relative you supplemented, you would owe 50% in taxes.  Plus they would have to pay the 48% in taxes for the increase in income.  Give away $120 million, and uncle is going to get another $100 million from you and your friends; then the sate tax collectors step in. I am not talking exactness here, there are variables all over the place, but the concept is valid: Give away money and you lose!

                    The two main reason lottery winners go bankrupt is gambling and giveaways.  They don't know how to say NO.  Must be a thing about feeling guilty because you now have so much and some one else doesn't.  You'll stop feeling guilty when you are in that mobile home, eating pork and beans, and the people you gave the money to won't remember your name.  They've moved on to another sucker and are begging them for money.

                    Take care of those who have taken care of you, and let the rest continue the way they were.  They'll never run out of people to beg money from, or excuses to get yours.

                    Cheers

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

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

                      konane's avatar - wallace
                      Atlanta, GA
                      United States
                      Member #1265
                      March 13, 2003
                      3333 Posts
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                      Posted: February 21, 2006, 2:50 pm - IP Logged

                      You could give your 60 closest friends/relatives $2million a piece and still have $240million left over.  No need to worry about this guy landing in the poor-house, ever.

                       

                      It would be easy to piss away a few million dollar.  I am reasonably intelligent, but a few million dollars wouldn't last me forever.  However, anything over $13million I think I could make last into retirement (I am 33).

                       

                      I wouldn't worry about going broke, I would worry that someone would quit their job, go hog wild spending money like a drunken sailor or Jack Whittaker, and after they've burned through their $2 million come back to me like I'm some sort of endless ATM. I would like to give people money, yet I'm quite wary of giving people money. I would rather pay off their mortgage, car or student loan, pay for college, pay for home repairs or dental work or pay for a vacation, things that would give them money and free up the money they make for other uses without giving them excess cash to go crazy with.

                      I was just making the point that it would be hard to squander such a large amount of money.  I don't think I know 60 people well enough to give them anything, I can think of about 30 friends I would share with and I don't think I would give them 2 million dollars.  You would have to be careful about who you gave the money to.  I always thought I would give my relatives so much per year with the stipulation that they keep a job or attend a university and everyone would get a house regardless.  I should also correct the fact that I didn't take taxes into account.  Over 30 years you would take in $219million, so if you gave away $120million you would still have $100million left over. 

                      Actually you would have a whole lot less - gift taxes are up around 40-50%, so for every two million you gave away, or house you bought, or relative you supplemented, you would owe 50% in taxes.  Plus they would have to pay the 48% in taxes for the increase in income.  Give away $120 million, and uncle is going to get another $100 million from you and your friends; then the sate tax collectors step in. I am not talking exactness here, there are variables all over the place, but the concept is valid: Give away money and you lose!

                      The two main reason lottery winners go bankrupt is gambling and giveaways.  They don't know how to say NO.  Must be a thing about feeling guilty because you now have so much and some one else doesn't.  You'll stop feeling guilty when you are in that mobile home, eating pork and beans, and the people you gave the money to won't remember your name.  They've moved on to another sucker and are begging them for money.

                      Take care of those who have taken care of you, and let the rest continue the way they were.  They'll never run out of people to beg money from, or excuses to get yours.

                      Seems prudent that if someone is planning to give away a portion of what they win to a specific party, they might check pros and cons (with a tax specialist) of cutting them in for a percentage prior to cashing the ticket in so they can both own the amount outright, and pay their own taxes. 

                      Good luck to everyone!

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                        Sparta, NJ
                        United States
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                        July 9, 2005
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                        Posted: February 21, 2006, 6:05 pm - IP Logged

                        Newsflash"  The winner is holding a news conference tomorrow!  G-O-O-D for them.  Step up and start the flow of money comming.  No hiding in the shower for the winner(s)!!  Exactly as I will do!!!

                        Cheers

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

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

                          Dream's avatar - dragon1

                          United States
                          Member #2399
                          September 28, 2003
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                          Posted: February 21, 2006, 7:32 pm - IP Logged

                          Real true friends never beg or argue about money.

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                            Sparta, NJ
                            United States
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                            July 9, 2005
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                            Posted: February 21, 2006, 7:37 pm - IP Logged

                            Hearing it was another pool that won.  Some meat packing place across the street from where the ticket was sold.  Ah, rumor mills, love them.

                            Cheers

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

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

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                              New Member

                              United States
                              Member #32189
                              February 9, 2006
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                              Posted: February 23, 2006, 8:12 am - IP Logged

                              Hi everyone. First post here. Smile (love your posts btw Chewie!)

                               

                              Gift taxes are a pain, but you can get out of them if you "only" give $12,000 to each friend or family member per year. Or, for instance, if you're married (even if your spouse was not claimed on the winning ticket), you and your spouse can each give $12K to each of your kids/siblings and their partners. That's $48K a year tax free for all parties (not counting the tax you originally paid on the winnings and interest).

                               

                              Source:  http://www.irs.gov/businesses/small/article/0,,id=98968,00.html

                              and then it still may not be taxable even then: http://www.irs.gov/publications/p950/ar02.html

                               

                              Gifts to your spouse are always tax-free, and gifts paid directly to an educational institution are also always tax free. So you can send all your neices and nephews to Harvard and Yale and nobody has to pay any "extra" taxes.

                               

                              Recipients of gifts are never taxed on the money. The IRS isn't stupid. They collect the tax from the one they know has money -- the giver.