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$75 million Powerball lottery jackpot claimed by N.C. prison guard

Topic closed. 20 replies. Last post 10 years ago by Franklassgirl30.

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United States
Member #34266
March 1, 2006
188 Posts
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Posted: February 18, 2007, 10:45 am - IP Logged

I just read that after taxes, she will walk away with 24 million, that is a far cry from 75 million.

    kandi44's avatar - masked
    georgetown
    United States
    Member #46979
    October 12, 2006
    1129 Posts
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    Posted: February 18, 2007, 3:35 pm - IP Logged

    Raise The Roof 1 congrats to the alston family the window of heaven has open

      justxploring's avatar - villiarna
      Wandering Aimlessly
      United States
      Member #25360
      November 5, 2005
      4461 Posts
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      Posted: February 18, 2007, 3:48 pm - IP Logged

      True, bambini.  The jackpots are always shown as the annuity amount that is guaranteed after 30 years.  Taxes in NC are high (7 or 8%) so I estimated closer to $21M, but initially most lotteries take out anywhere from 25-28% and then the winner is responsible for any additional Federal income tax depending upon deductions.

      However, I'd take that "far cry" any day.  I will jump up and down for joy if I ever end up taking home 1/10 of $24M.   As a single Mom, I am sure she's not complaining. 

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        Entertaiment Capital
        United States
        Member #37800
        April 19, 2006
        302 Posts
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        Posted: February 18, 2007, 7:37 pm - IP Logged

        True, bambini.  The jackpots are always shown as the annuity amount that is guaranteed after 30 years.  Taxes in NC are high (7 or 8%) so I estimated closer to $21M, but initially most lotteries take out anywhere from 25-28% and then the winner is responsible for any additional Federal income tax depending upon deductions.

        However, I'd take that "far cry" any day.  I will jump up and down for joy if I ever end up taking home 1/10 of $24M.   As a single Mom, I am sure she's not complaining. 

        Yeah...She definitely looks tough as nail.


          United States
          Member #48627
          January 3, 2007
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          Posted: February 19, 2007, 10:51 am - IP Logged

          Now Jackie should drive back to VA again and play Mega Millions $150 Million jackpot for tomorrow night!

            Franklassgirl30's avatar - Lottery-050.jpg
            North Carolina
            United States
            Member #42922
            July 10, 2006
            68 Posts
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            Posted: February 19, 2007, 4:28 pm - IP Logged

            Congrats Jackie!!!!Party

            U have put North Carolina on the map big time.Sun Smiley

             

            Can't wait till it's my turn.Wink