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Lancaster County man claims $86M Powerball lottery jackpot

Topic closed. 27 replies. Last post 8 years ago by Uff Da!.

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sirbrad's avatar - Lottery-062.jpg
PA
United States
Member #22983
October 6, 2005
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Posted: August 9, 2008, 6:18 am - IP Logged

"He received the promotional ticket for free when he purchased two Pennsylvania Lottery Match 6 tickets."

 

I played the same promotion, but no win here. One QP for another game that he did not even expect would match one number probably, ends up the winner. I guess the logo on the coupns is right. "You could win millions just by clipping coupons." Something like that. Sickening.

    Badger's avatar - adu50016 NorthAmericanBadger.jpg
    Wisconsin
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    March 27, 2003
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    Posted: August 9, 2008, 12:34 pm - IP Logged

    This shows once again that it only takes 1 ticket to win...even if it is just a free/promo quick pick.

    Yup.   In the end, it all depends on which numbers are drawn.  Each line has the same chance, regardless of how hard or how much time the player spends using a system.  If one of those system lines are drawn, he/she wins.  But the chance of any one being drawn are really no better than any other, including a quickpick.

    I think we just like to pretend we have a better chance if we use a system and a "rational" approach.

    That don't make it true.

    ============

    How can you tell if a politician is lying?

    Answer: His lips are moving.

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      New Member

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      Posted: August 9, 2008, 12:39 pm - IP Logged

      This sort of plays to an earlier post of forming a lottery club. It reads like they had a set percentage to split the winnings. They each will pay their taxes on this income. If the man had made the claim on his own and then turned around and split the winnings not only would the recipients pay he would be charged the gift tax. Does anyone know how this was set up?

        beb!'s avatar - scenery water_mountains.jpg
        New Member

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        Posted: August 9, 2008, 12:41 pm - IP Logged

        Yup.   In the end, it all depends on which numbers are drawn.  Each line has the same chance, regardless of how hard or how much time the player spends using a system.  If one of those system lines are drawn, he/she wins.  But the chance of any one being drawn are really no better than any other, including a quickpick.

        I think we just like to pretend we have a better chance if we use a system and a "rational" approach.

        That don't make it true.

        I Agree!

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          January 23, 2005
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          Posted: August 9, 2008, 11:15 pm - IP Logged

          I was hoping to read or hear that "The winning ticket was sold in Delaware Water Gap and the winner has still not come forward, and they picked their own numbers."

            Coin Toss's avatar - shape barbed.jpg
            Zeta Reticuli Star System
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            Posted: August 9, 2008, 11:47 pm - IP Logged

            Robert and Elaine Funk of Mountville, Lancaster County will receive $1.4 million; Jeffrey and Donna Funk of Mountville, Lancaster County will receive $1.4 million; Melanie Funk of Lancaster will receive $1.4 million; Gerald and Lynn Hess of Davidson, North Carolina will receive $1.4 million; K. Scott Edwards of Lusby, Maryland will receive 1.4 million; and Ronald and Yvonne Edwards of Washington Boro, Lancaster County will receive $1.4 million.

             

            I'm talking about these people ^^^^

             

            After a taxes you have to figure they get less than a million.  I'm 30 wouldn't even quit my job for 1.4 million.

            First, since it was Lancaster County, I was wondering if they were all going to be named Yoder, that would have been quite interesting!

            GamerMom, it's said that the average American finishes the year $500 deeper in debt than they started it, and an additionalt $300 a month would get them out of the financial rut that most are stuck in.

            That being the case, $1.4 million out of the blue should help, even a pre-tax $1.4 million. I can understand you saying at 30 you'd keep working, but that really is a person by person, case by case situation.

            As has been said by some sages, it's not how much you get but how much you keep of what you get.

            I would like to see a follow up on all these people a few years from now.

            Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

            Lep

            There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

              DC81's avatar - batman39
              MI
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              Posted: August 10, 2008, 7:13 am - IP Logged

              LOL That would have been interesting. I've known some non-Amish Yoders but I still got a mental image of "pimped out" horses and buggies from that... Though I was under the impression that Amish in that area are still pretty strict, even more so compared to the many Amish families around where I live. I'd say I wonder what the Amish stance is on gambling but I'm pretty sure they're against it like anything else that's fun. Well, except for the ones who were a part of a drug ring. Then again, knowing the Amish that probably had no fun either, aside from the times I'm sure they sampled their own product, but in the least fun way possible. Evil Looking

              You can't predict random.

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                DOVER,PA
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                August 3, 2008
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                Posted: August 10, 2008, 11:55 am - IP Logged

                nice to see someone in PA win.

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                  pittsburgh
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                  March 25, 2007
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                  Posted: August 10, 2008, 2:37 pm - IP Logged

                  Robert and Elaine Funk of Mountville, Lancaster County will receive $1.4 million; Jeffrey and Donna Funk of Mountville, Lancaster County will receive $1.4 million; Melanie Funk of Lancaster will receive $1.4 million; Gerald and Lynn Hess of Davidson, North Carolina will receive $1.4 million; K. Scott Edwards of Lusby, Maryland will receive 1.4 million; and Ronald and Yvonne Edwards of Washington Boro, Lancaster County will receive $1.4 million.

                   

                  I'm talking about these people ^^^^

                   

                  After a taxes you have to figure they get less than a million.  I'm 30 wouldn't even quit my job for 1.4 million.

                  Are you sure this isnt just a first payment amount?

                  Win you win big and take the cash dont they give you one check to hold you over till they transfer the big dollars? Atleast that was what i thought. i may be wrong!!1

                  Wasnt the annuity 86 million 43 million cash? minus 25 percent for federal would be 30 million divided by 5 would be 6 million a piece?

                  Again i may be wrong but  but i still think they are due another 5 million a piece.

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                    Posted: August 10, 2008, 3:56 pm - IP Logged

                    "After a taxes you have to figure they get less than a million.  I'm 30 wouldn't even quit my job for 1.4 million."

                    I'm 24 and I agree.  The money would make a great investment though!

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                      pittsburgh
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                      Posted: August 10, 2008, 5:03 pm - IP Logged

                      Are you sure this isnt just a first payment amount?

                      Win you win big and take the cash dont they give you one check to hold you over till they transfer the big dollars? Atleast that was what i thought. i may be wrong!!1

                      Wasnt the annuity 86 million 43 million cash? minus 25 percent for federal would be 30 million divided by 5 would be 6 million a piece?

                      Again i may be wrong but  but i still think they are due another 5 million a piece.

                      Well i decided too look into it and see why i am being told wrong amoounts. i dont know about you but i know i dont pay 84% income tax.

                      i was saying there was still 30 million out there that wasnt being listed by GamerMom, well here goes where that 30 million is and why theres proof that the winners dont have to pay 7/8ths of their winnings to the goverment.

                      "The family members to share in the jackpot prize are as follows:  Barrie and Jean Edwards of Willow Street, Lancaster County will receive $17,064,882.50;  Terry and Linda Edwards of Willow Street, Lancaster County will receive $17,064,882.50;  Robert and Elaine Funk of Mountville, Lancaster County will receive $1.4 million; Jeffrey and Donna Funk of Mountville, Lancaster County will receive $1.4 million; Melanie Funk of Lancaster will receive $1.4 million; Gerald and Lynn Hess of Davidson, North Carolina will receive $1.4 million; K. Scott Edwards of Lusby, Maryland will receive 1.4 million; and Ronald and Yvonne Edwards of Washington Boro, Lancaster County will receive $1.4 million."

                        Kaptainess's avatar - hiro bird.jpg

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                        Posted: August 10, 2008, 10:59 pm - IP Logged

                        ALL tax experts tell you to take the lump sum and invest it and live off of your OWN annuity.  I don't think these folks got any legal advice, which the lotto commission advises you to do.    Be nice to have brains AND money at the same time?

                          Uff Da!'s avatar - InCelebration 001.jpg
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                          Posted: August 11, 2008, 1:45 am - IP Logged

                          ALL tax experts tell you to take the lump sum and invest it and live off of your OWN annuity.  I don't think these folks got any legal advice, which the lotto commission advises you to do.    Be nice to have brains AND money at the same time?

                          Hmmmmmmm, I don't think you read the whole article before commenting.  In the second to last paragraph it says, "On behalf of the group, Jean Edwards presented the winning ticket for validation yesterday at Lottery headquarters in Middletown after consulting with legal and financial counsel."

                          Did you believe they took the annuity?  No, they took the cash option.