Wisconsin factory workers win $208M Powerball lottery
June 5, 2002
|Posted: August 7, 2006, 2:21 pm - IP Logged|
I'm guessing Wisconsin will make the winners all go one way or the other. I don't think the group wants to take over the record for the largest prize paid as an annuity (which was set by a Wisconsin couple 13 years ago).
March 18, 2005
|Posted: August 7, 2006, 4:04 pm - IP Logged|
Wow congrats to them. That is a lot of winners to split a jackpot. At least they ended up with more money then they started with!
Dance like no one is watching.
January 19, 2002
|Posted: August 7, 2006, 4:41 pm - IP Logged|
congrats to the winners, and I hope there is not a 101st employee out there tring to find a lawyer to get himself a portion of that share. Hope they had a lock tight method of playing a pool
"Everybody has to believe in something...I believe I'll have another beer!" = W.C.Fields
November 11, 2004
|Posted: August 7, 2006, 4:51 pm - IP Logged|
The Wisconsin Lottery has to deal with an odd law - there can only be one winner of a jackpot prize. Without a court order, they cannot write multiple checks, but the order has not been too difficult to get.
I don't think the lottery has ever considered whether a prize can be split cash and annuity (by winner, the IRS won't allow splitting for one winner). The Multi-State Lottery Assoc. can do that pretty easily and can provide the differrent amounts to the lottery. With 100 winners, there is likely to be some number that will go for the annuity.
A long and winding road
June 10, 2005
|Posted: August 7, 2006, 6:46 pm - IP Logged|
Congrats to the group! Hope they enjoy my 20 dollar contribution and spend it on some crackers : dats allotta cheese!
Personally I am ALL for lottery pools, but I must be realistic and say that having 99 others divy out doesnt leave much left to the small american dream . May they do what is right for their lifestyle :)
~~Give Freely and Blessings will Come...227,777,77778
Oak Creek WI
July 3, 2004
|Posted: August 7, 2006, 6:59 pm - IP Logged|
I'm from Wisconsin and unfortunatley not one of the winners LOL. Because it's one ticket they all have to decide cash or annuity. I use to drive up to Fond du Lac and buy tickets at that store, but with gas prices the way they are and that place being over 40 miles from home I haven't bought from there in a while. They will get a little over $600,000. after taxes etc. If your like 59 I'd say you could take a chance and retire, but most look pretty young 30's maybe some 20's . I don't think I'd try to retire on that amount unless you were going to supplement your income with some job you'd take because thats what you like to do ( sports store sales person, motorcyle sales,) or whatever they enjoy and up there it's hunting fishing etc. then they would maybe able to pull it off with some smart investing and being able to enjoy life to the max.
January 23, 2005
|Posted: August 7, 2006, 8:30 pm - IP Logged|
After all the dividing and taxing, they should still have plenty enough to buy one of those Wisconsin state quarters with the "extra" leaf on the corn.
May 30, 2004
|Posted: August 7, 2006, 11:03 pm - IP Logged|
factory chee$$$$$e worker$$$$$!!!!
(pass the chee$e.......please.......for a PICK-5.........)
We got the "cracker$$$" down here!!
LOL...(is it really true......Yaw'aalllllll ......got the ticket now?)
October 9, 2003
|Posted: August 7, 2006, 11:05 pm - IP Logged|
One thing the story didn't mention is Phil Moses, the owner of Ma & Pa's, himself has won a jackpot from his own store. It was last year or the year before he bought a Badger 5 ticket from his own terminal. He won a jackpot I want to say was around $140,000. Not sure exactly but is was somewhere around there. It defies logic but this store sells a lot of winning tickets. Oh yeah, forgot to mention. Moses also got an additional $2500 for selling that ticket.
December 27, 2003
|Posted: August 7, 2006, 11:26 pm - IP Logged|
I *was* going to go to Fond Du Lac, but an appointment was an hour late and I was too busy to go. I WOLD havegone to that store like I have done it about 15 times before.....
And then tonight my Illinois Little lotto ticket was 1 number off tonight, so instead of getting $490,000 I get $100.... So close yet so far... :-(
December 27, 2003
|Posted: August 7, 2006, 11:33 pm - IP Logged|
I agree, If I would make say $500K after takes, I'm INSTANTLY retired...
I would be instantly making my living day trading...
1 number off of 1/2 million $$$$ tonight :-( Sniff sniff...
December 27, 2003
|Posted: August 7, 2006, 11:37 pm - IP Logged|
Here is a partial list of tickets won at that store...
6.? mil megabucks
a couple of Badger 5's.... $80K and some more...
208 mil PB...
December 27, 2003
|Posted: August 7, 2006, 11:40 pm - IP Logged|
Yeah, they have all the cheese, and all I have is the whine... :-(
Plenty of whining here... :-)
November 5, 2005
|Posted: August 8, 2006, 12:46 am - IP Logged|
I'd love to have $600,000 net. However, I agree that if the winners are young and have families, they will still want to keep working. So what's wrong with that? I'm not saying I could do it, but if I were 25 or 30 and smart enough not to go wild with the money, it would be better to invest it safely and let it double every 10 years and retire early. It all depends on whether or not a person needs instant gratification or can look beyond today. Even if someone continues to work for just 10 or 12 years, isn't living off the interest of $1.2M a lot better than $600M? That said, a young family might want to buy a new home. Real estate is usually a good investment. No matter what, these people are much better off than they were before they won. They're also very fortunate the jackpot was so high and rolled over so many times with 100 people splitting it.
By the way, did I miss something or did the article say how many tickets were purchased?
July 22, 2006
|Posted: August 8, 2006, 12:53 am - IP Logged|
WOW!!!!!!!!!!! thats a lot of cheese, how about a crumb for the.....
congratulations to all the cheese, i mean all of them.......