Welcome Guest
Log In | Register )
You last visited December 3, 2016, 4:45 am
All times shown are
Eastern Time (GMT-5:00)

$200M Powerball lottery jackpot won by N.Y. Costco workers

Topic closed. 106 replies. Last post 5 years ago by GamerMom.

Page 6 of 8
55
PrintE-mailLink
OwlCreekBridge's avatar - Lottery-031.jpg
lottoville
United States
Member #95474
August 11, 2010
132 Posts
Offline
Posted: June 3, 2011, 9:34 pm - IP Logged

Hello OwlCreekBridge, I earn this 4.09% APY (interest earned daily, posted into account monthly) in my free "Rewards Checking Account," w/debit card, at Consumers Credit Union in Far Northern Illinois.  Four years ago I believe the account started at 6.25% APY, when I joined later it was already down to 5.09% APY or so.  I completed application on-line, then only had to pay postage to mail in my remainder identity info, thereafter.  Minimum balance is $5 I believe (though account must be opened with a $10 minimum I believe).  Oddly, you must use your "debit" card to make minimum of 15 "credit" card purchases in order to receive their "Rewards" of 4.09% interest posted at monthly date they set up the account # for you.  I buy groceries at grocery store or pay for food at a drive-thru restaurant and say "charge" it in order for it to count (pressing "debit" doesn't count to receive the "rewards" credit).  By the way, perhaps you could get similar APY at smaller banks or credit unions in your own state ... it's a pitty most don't advertise in those high-cost "compare-rates" on-line websites.  You will have to do it the old-fashioned way, by calling each for 2 minutes to ask their rates -- ask both savings and checking, you never know which they need more accounts in.

Perhaps Consumers Credit Union will allow you to join though living outside Illinois.

Thanks for the reply HaveABall. I decided to do a quick google search of "Consumers Credit Union." What you wrote seems to be accurate.

So as long as you make a minimum of 15 "credit" card purchases every month and you pay your credit card bill in full, you will get the 4.09% interest and no finance charge for using the credit card?

The reason I ask is my mom is retired and she gets almost next to nothing in interest with her bank's savings account and CD and she's too old to risk her savings in the stock market. If I can find something like this in my area it would be very helpful.

    mightwin's avatar - questns

    United States
    Member #103786
    January 5, 2011
    486 Posts
    Offline
    Posted: June 3, 2011, 9:52 pm - IP Logged

    So the ticket was sold at Maulik & Chandri stationary store, Is this a different name for a convience store or do they just sell stationary?(ie writing supplies). I don't remember if it was mega or powerball but someone purchased the winning ticket at a laundromat awhile back. I have never been to New York but it seems like they put lotto in any type of business.

      rdgrnr's avatar - walt
      Way back up in them dadgum hills, son!
      United States
      Member #73904
      April 28, 2009
      14903 Posts
      Offline
      Posted: June 3, 2011, 11:49 pm - IP Logged

      One of the important rules with group play is to limit the size of the group. This way, each player knows what their target win is. The other important rule is to pick the minimum size of the jackpot to play for. Rather than play every draw, a better strategy is to save up the weekly or monthly dues until the jackpot reaches the minimum amount. When it comes to lottery group play, "patience is a virtue".

      And who saves up the dues from the members, little guy? LOL

      I wonder who it is that you have in mind to hold the money?LOL

      I'm sure the sleazy way you try to get free advertising here makes you seem very trustworthy to everyone.


                                                   
                           
                                               

       

       

       

       

                                                                                                         

      "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                  --Edmund Burke

       

       

        HaveABall's avatar - rocket

        United States
        Member #72448
        March 18, 2009
        1227 Posts
        Offline
        Posted: June 4, 2011, 12:39 am - IP Logged

        Thanks for the reply HaveABall. I decided to do a quick google search of "Consumers Credit Union." What you wrote seems to be accurate.

        So as long as you make a minimum of 15 "credit" card purchases every month and you pay your credit card bill in full, you will get the 4.09% interest and no finance charge for using the credit card?

        The reason I ask is my mom is retired and she gets almost next to nothing in interest with her bank's savings account and CD and she's too old to risk her savings in the stock market. If I can find something like this in my area it would be very helpful.

        You are welcome OwlCreekBridge.  Please note that at C.C.U. it is not a credit card, but rather a debit card.  This means that I instruct the store/restraurant's clerk to "charge" it (or push the "charge" button at a machine hooked into their register) that amount billed is withdrawn from my checking account (marked "pending") almost immediately, subtracted from my C.C.U. account within a few hours.  Unfortunately, earlier this year, they lowered the max of the C.C.U.Rewards Checking Account from $25K down to $10K so that they could continuing offering this APY amount.

        However, if your mother has HUNDREDS OF THOUSANDS up to $1.5M of money funds that she needs to move into liquid accounts (i.e., CDs, Money Market, Savings, Checking accounts), then she should be doing something like what I recommended that you responded to, AND what a prior member revealed to you ... set a 1/2 hour appointment (during weekdays, being SURE that they have the correct spelling of mother's full name AND phone #) with the president or top executive at several small to large sized banks and credit unions in order to "negotiate" a rate that is HIGHER THAN THEIR ADVERTISED APY for an FDIC insured account. [I recommend her amiably beginning by asking for 8% and being willing to "negotiate," SLOWLY, down to 7%.]  You or an intelligent friend could go with her, take notes of the institution's offer, and mother could amiably conclude a meeting, if goal not met, by informing that the financial institution that meets her APY needs will be rewarded with a notification soon and arrangements made to meet again so account/s will be opened with a check.

        Your mother will win [remember, her full name and phone # were given to the executive in order for them to return her call to arrange an appointment, originally], what a wonderful and pleasurable project/opportunity for your mother!

        Sun Smiley

        Having several millions of dollars in my financial accounts means receiving several valuable services each day!

        Disney

          HaveABall's avatar - rocket

          United States
          Member #72448
          March 18, 2009
          1227 Posts
          Offline
          Posted: June 4, 2011, 12:42 am - IP Logged

          I can't wait for them to announce the names of the employees as a friend of mine her husband is a manager at that store -while he has denied winning... he has not been to work and they have not been home... If they are part of the group that won --- It couldn't have happened to nicer people...

          Woo LEELEESMOMMY!

          Having several millions of dollars in my financial accounts means receiving several valuable services each day!

          Disney

            OldSchoolPa's avatar - Lottery-057.jpg
            Gurnee, Illinois
            United States
            Member #49731
            February 12, 2007
            917 Posts
            Offline
            Posted: June 4, 2011, 1:12 pm - IP Logged

            One of the important rules with group play is to limit the size of the group. This way, each player knows what their target win is. The other important rule is to pick the minimum size of the jackpot to play for. Rather than play every draw, a better strategy is to save up the weekly or monthly dues until the jackpot reaches the minimum amount. When it comes to lottery group play, "patience is a virtue".

            Hi Lucky from Ohio,

            I remember Ohio hogging up a lot of the large $200 million+ jackpot wins in 2007, 2008, and 2009, so Ohio has won its fair share.  Illinois...not so much.  And for the relatively short time Oklahoma and North Carolina have joined the lottery, they have won on a more frequent basis than Illinois.  So I hope this is Illinois' year to dominate in lottery winnings. 

            As for this idea of lottery pools (which are a bad idea IMHO) waiting until a certain jackpot amount is reached and not playing for every drawing, I think that is an equally bad idea as playing in a lottery pool.  At least by playing every drawing, the individual or pool may have a chance of winning a sizeable lower tier prize to help finance continued play or something special.  But to just play when it hits, say $200 million, well you won't be playing that often and chances are you may not win anything.  The same may hold true for those playing every drawing, but as you do know, one cannot win if that person does not play to begin with (unless you are a sleazy clerk who steals a winning ticket).  So I think a better motto for group play is "Just don't do it!"  But if you do insist on playing in a lottery pool, then playing every drawing is the way to go. 

            Now the only lottery pool I will play in is one consisting of me, myself, and I.  So if each of the 3 me's put in $2 dollars per drawing day, that will enable me to buy 3 tickets for Mega Millions and Powerball each drawing. So my group contributes $12 per week for multi-state lottery games.  The beauty of this is that if "our" ticket hits the jackpot, I can cut out the other two losers, I and me, and keep that entire jackpot for myself!!!  BatSo a word to those who do insist on playing in an actual lottery pool....get the participation and participants in writing or you might find yourself out of luck like I and me!!!ROFL

            Get MONEY!!! Winning a JACKPOT lottery is all the HOPE and CHANGE I desire!!!  NOW give me MONEY!US Flag

            The guy who won the presidency in 2008 really won the lottery...he is now millions richer, travels in first class style, and even has a staff that would be the envy of the richest Powerball winner (she has a staff of 2). Every night he goes to sleep, he probably plays the close of Dave Chappelle's Show: I'm rich beyatch!

              Todd's avatar - Cylon 2.gif
              Chief Bottle Washer
              New Jersey
              United States
              Member #1
              May 31, 2000
              23259 Posts
              Offline
              Posted: June 4, 2011, 1:18 pm - IP Logged

              Hi Lucky from Ohio,

              I remember Ohio hogging up a lot of the large $200 million+ jackpot wins in 2007, 2008, and 2009, so Ohio has won its fair share.  Illinois...not so much.  And for the relatively short time Oklahoma and North Carolina have joined the lottery, they have won on a more frequent basis than Illinois.  So I hope this is Illinois' year to dominate in lottery winnings. 

              As for this idea of lottery pools (which are a bad idea IMHO) waiting until a certain jackpot amount is reached and not playing for every drawing, I think that is an equally bad idea as playing in a lottery pool.  At least by playing every drawing, the individual or pool may have a chance of winning a sizeable lower tier prize to help finance continued play or something special.  But to just play when it hits, say $200 million, well you won't be playing that often and chances are you may not win anything.  The same may hold true for those playing every drawing, but as you do know, one cannot win if that person does not play to begin with (unless you are a sleazy clerk who steals a winning ticket).  So I think a better motto for group play is "Just don't do it!"  But if you do insist on playing in a lottery pool, then playing every drawing is the way to go. 

              Now the only lottery pool I will play in is one consisting of me, myself, and I.  So if each of the 3 me's put in $2 dollars per drawing day, that will enable me to buy 3 tickets for Mega Millions and Powerball each drawing. So my group contributes $12 per week for multi-state lottery games.  The beauty of this is that if "our" ticket hits the jackpot, I can cut out the other two losers, I and me, and keep that entire jackpot for myself!!!  BatSo a word to those who do insist on playing in an actual lottery pool....get the participation and participants in writing or you might find yourself out of luck like I and me!!!ROFL

              I Agree!

              I couldn't agree more!

               

              Check the State Lottery Report Card
              What grade did your lottery earn?

               

              Sign the Petition for True Lottery Drawings
              Help eliminate computerized drawings!

                Avatar

                United States
                Member #67052
                November 15, 2008
                80 Posts
                Offline
                Posted: June 4, 2011, 1:31 pm - IP Logged

                Groups should get an EIN in the group's name, which should be signed on back of the ticket. Taxes would also then be charged equitably.

                i enjoy when groups win.  I wouldn't come forward myself, i'd just let those in the group who want the limelight to do press conferences.  Too many nightmarish stories about people trying to get your money.


                  Canada
                  Member #68663
                  December 27, 2008
                  260 Posts
                  Offline
                  Posted: June 4, 2011, 6:47 pm - IP Logged

                  Hi Lucky from Ohio,

                  I remember Ohio hogging up a lot of the large $200 million+ jackpot wins in 2007, 2008, and 2009, so Ohio has won its fair share.  Illinois...not so much.  And for the relatively short time Oklahoma and North Carolina have joined the lottery, they have won on a more frequent basis than Illinois.  So I hope this is Illinois' year to dominate in lottery winnings. 

                  As for this idea of lottery pools (which are a bad idea IMHO) waiting until a certain jackpot amount is reached and not playing for every drawing, I think that is an equally bad idea as playing in a lottery pool.  At least by playing every drawing, the individual or pool may have a chance of winning a sizeable lower tier prize to help finance continued play or something special.  But to just play when it hits, say $200 million, well you won't be playing that often and chances are you may not win anything.  The same may hold true for those playing every drawing, but as you do know, one cannot win if that person does not play to begin with (unless you are a sleazy clerk who steals a winning ticket).  So I think a better motto for group play is "Just don't do it!"  But if you do insist on playing in a lottery pool, then playing every drawing is the way to go. 

                  Now the only lottery pool I will play in is one consisting of me, myself, and I.  So if each of the 3 me's put in $2 dollars per drawing day, that will enable me to buy 3 tickets for Mega Millions and Powerball each drawing. So my group contributes $12 per week for multi-state lottery games.  The beauty of this is that if "our" ticket hits the jackpot, I can cut out the other two losers, I and me, and keep that entire jackpot for myself!!!  BatSo a word to those who do insist on playing in an actual lottery pool....get the participation and participants in writing or you might find yourself out of luck like I and me!!!ROFL

                  OldSchoolPa,

                  The main reason for playing the lottery is to win enough money to make a life style change. And for that reason, I play when the jackpot is large. Winning a couple of grand is not life changing. Winning a couple of millions is. So when it comes to group play, a good strategy is to play when the jackpot is large enough so each member of the group wins enough to make it life changing. Which leads to the most important strategy and that is match the number of the members in the group to the size of the jackpot.

                  For the group I am currently in, that means playing Mega Millions and Powerball when the jackpot is $200 million or higher. The jackpots get that large often enough for me.

                    Coin Toss's avatar - shape barbed.jpg
                    Zeta Reticuli Star System
                    United States
                    Member #30470
                    January 17, 2006
                    10344 Posts
                    Offline
                    Posted: June 4, 2011, 7:08 pm - IP Logged

                    Mario38

                    For the group I am currently in, that means playing Mega Millions and Powerball when the jackpot is $200 million or higher. The jackpots get that large often enough for me.

                    Let's just say that one or more other people hit the same night your group does. Then waht?

                    You can never assune a solo win. Most wins go to one ticket, sure, but you can't assume that if you or your group hit that would be the case.

                    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.

                      rdgrnr's avatar - walt
                      Way back up in them dadgum hills, son!
                      United States
                      Member #73904
                      April 28, 2009
                      14903 Posts
                      Offline
                      Posted: June 4, 2011, 7:18 pm - IP Logged

                      OldSchoolPa,

                      The main reason for playing the lottery is to win enough money to make a life style change. And for that reason, I play when the jackpot is large. Winning a couple of grand is not life changing. Winning a couple of millions is. So when it comes to group play, a good strategy is to play when the jackpot is large enough so each member of the group wins enough to make it life changing. Which leads to the most important strategy and that is match the number of the members in the group to the size of the jackpot.

                      For the group I am currently in, that means playing Mega Millions and Powerball when the jackpot is $200 million or higher. The jackpots get that large often enough for me.

                         LOL


                                                                   
                                           
                                                               

                       

                       

                       

                       

                                                                                                                         

                      "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                                  --Edmund Burke

                       

                       


                        Canada
                        Member #68663
                        December 27, 2008
                        260 Posts
                        Offline
                        Posted: June 4, 2011, 7:30 pm - IP Logged

                        Mario38

                        For the group I am currently in, that means playing Mega Millions and Powerball when the jackpot is $200 million or higher. The jackpots get that large often enough for me.

                        Let's just say that one or more other people hit the same night your group does. Then waht?

                        You can never assune a solo win. Most wins go to one ticket, sure, but you can't assume that if you or your group hit that would be the case.

                        Coin Toss,

                        The vast majority of Powerball and Mega Millions jackpots are won with a single ticket. But you are correct, there is the possibility of having to share the jackpot with another winning ticket. I take care of that possibility by buying two shares in the group. That way, even if there are two winning tickets, my share of the split jackpot is still life changing.

                          rdgrnr's avatar - walt
                          Way back up in them dadgum hills, son!
                          United States
                          Member #73904
                          April 28, 2009
                          14903 Posts
                          Offline
                          Posted: June 4, 2011, 9:02 pm - IP Logged

                          Coin Toss,

                          The vast majority of Powerball and Mega Millions jackpots are won with a single ticket. But you are correct, there is the possibility of having to share the jackpot with another winning ticket. I take care of that possibility by buying two shares in the group. That way, even if there are two winning tickets, my share of the split jackpot is still life changing.

                          So for your lottery pool, you get two tickets and Bullwinkle gets one?   LOL

                          No wonder your last pool went under with all the money missing.

                          Maybe Bullwinkle ate it!  LOL


                                                                       
                                               
                                                                   

                           

                           

                           

                           

                                                                                                                             

                          "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                                      --Edmund Burke

                           

                           

                            OwlCreekBridge's avatar - Lottery-031.jpg
                            lottoville
                            United States
                            Member #95474
                            August 11, 2010
                            132 Posts
                            Offline
                            Posted: June 4, 2011, 10:44 pm - IP Logged

                            Coin Toss,

                            The vast majority of Powerball and Mega Millions jackpots are won with a single ticket. But you are correct, there is the possibility of having to share the jackpot with another winning ticket. I take care of that possibility by buying two shares in the group. That way, even if there are two winning tickets, my share of the split jackpot is still life changing.

                            so are you saying that if you, as an individual, won Mega Millions at it's lowest point of $12 million, you wouldn't consider that life changing? Even after taxes, you would still net well over $3 million.


                              Canada
                              Member #68663
                              December 27, 2008
                              260 Posts
                              Offline
                              Posted: June 5, 2011, 1:00 am - IP Logged

                              so are you saying that if you, as an individual, won Mega Millions at it's lowest point of $12 million, you wouldn't consider that life changing? Even after taxes, you would still net well over $3 million.

                              Absolutely, yes, it would be life changing if I won Mega Millions with my own individual ticket.

                              But the problem is, it is extremely difficult to win Mega Millions or Powerball. Playing in a group though makes it easier to win. NOT easy, just easier.

                              I paid $20 to join a group to play Mega Millions and Powerball. The group will end up buying at least 680 tickets. Plus we spend the money we win on the small prizes on more tickets. We will end up with around 750 tickets. It is easier to win Mega Millions or Powerball with 750 tickets than it is with only 20 tickets. Still not easy though.