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'Infrequent buyer' claims $34M Powerball lottery jackpot

Topic closed. 19 replies. Last post 9 years ago by sirbrad.

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NY
United States
Member #23835
October 16, 2005
3474 Posts
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Posted: December 17, 2007, 5:43 pm - IP Logged

was just over 11 million after taxes...cash option.....but still a nice chunk of change...lol

The $11 million is after the  withholdings. When he files his return he can expect to find most of his income in the top bracket, which means 35% for federal and 6% for Kentucky. The 59% of the cash value he gets to keep will still be a bit over $9.5 million, though. I'm guessing that's enough to get by for a while.

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    NY
    United States
    Member #23835
    October 16, 2005
    3474 Posts
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    Posted: December 17, 2007, 5:46 pm - IP Logged

    It's no fun if you don't get to know who won. Maybe they could make the store anonymous also, I mean are they sure they want hordes of people beating the doors down to buy tickets at the new "lucky location" and maybe buying out all the milk, etc.? It should go with the territory, you want to play, you want to win, you don't get to keep it secret.. what if someone wins and they owe money or child support? What if it's someone I know? Someone being stingy with me maybe they won and aren't telling me? Or how about, since players want to be anonymous, maybe the drawings can be anonymous too, computerized and done behind-the-scenes and all you see is what #'s came out?

    "what if someone wins and they owe money or child support?"

    You know that the state knows who the anonymous winner is, right?  If they have a debt that's part of the public record (which means past-due child support and any debt for which a judgement has been filed) the state will know.

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      Kentucky
      United States
      Member #32652
      February 14, 2006
      7314 Posts
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      Posted: December 18, 2007, 10:00 pm - IP Logged

      What if it's someone I know? Someone being stingy with me maybe they won and aren't telling me?

      And they have to tell you why? Judging from that comment, it's no wonder people want to remain anonymous. If I had the choice I would remain anonymous also. So what? I wouldn't owe you or anyone else anything, but the point is moot for me because the state I am in doesn't allow it. I do plan on being vague and boring if I do win. I have no desire for old "friends" and "family members" thinking they deserve something, because they know me. You sound pissed because some people value their privacy. Why does it bother you so much? 

      There wasn't as much potential harm in giving out the winner's information and taking their picture holding a huge check when lotto jackpots were $1 million. Most payouts were $50,000 before taxes for the next 20 years so how much a person could "give away" was limited.

      With jackpots of $50 to $100 million, winners should get the right to be anonymous up to a point. If a lottery wants to get a group of players complaining and saying the lottery is rigged, all they have to do is say "the winning ticket was sold somewhere in the state". State lotteries need a way of proving to the players the jackpot was actually won so many states publish the name of the store selling the winning ticket.

      Powerball and Mega Millions winners are national news the next day but knowing which store in Rhode Island sold the winning ticket doesn't mean much to an Idaho player. The real problem the winner has in remaining anonymous is the local news people trying to get information from the store owner and clerks.

      I don't think anybody I know is obligated to tell me they won and I won't call them stingy if don't tell me. But if they are talking about somebody that owes them money, the circumstances are much different.

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        Enterprise, Alabama
        United States
        Member #3796
        February 21, 2004
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        Posted: December 19, 2007, 5:03 pm - IP Logged

        Hope he enjoys it.  Just a little further east, next time, will ya?

        No, you mean it needs to come a little further south. It's already been "east" in Bardstown, then "north" in Shepherdsville, now come home to Hardin County! ;)

          sirbrad's avatar - Lottery-062.jpg
          PA
          United States
          Member #22983
          October 6, 2005
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          Posted: December 30, 2007, 4:26 pm - IP Logged

          The lottery does not want anyone remaining anonymous because they think it hurts sales. If they give out all that money you can bet they want everyone knowing. This comes with the territory. I for one am very skeptical until I see the cash. This will never change because winners are the minority, and are the only ones who care about privacy. The majority however who do not win, will always want to know who won for legitimacy reasons.