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$540 MILLION: Mega Millions buying frenzy sparks another jackpot increase

Topic closed. 387 replies. Last post 5 years ago by gordianknot.

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rock_nc's avatar - Lottery-017.jpg
small town USA
United States
Member #2481
October 8, 2003
224 Posts
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Posted: March 29, 2012, 2:45 pm - IP Logged

I don't get on here much,maybe just to read post. But this Jackpot has caught my attention. The man who has won the lottery 7 times,Richard Lustig,had some tips on winning the lottery. So I printed them out and going to try out these tips. I have picked out some numbers,three tickets of my picks and going to buy 3 tickets of quick picks. Thirty dollars worth. He said it don't matter how many tickets you buy,the odd's stay's the same. He also said Luck has nothing to do with it too. Heard on the news that all the number combinations are also filling up. There probably will be more than one winners this time. I just hope I will be one of them,just a little is all I need to live the life of Riley....but of course,if I am the one who wins it all,Just have to keep a low profile first,then get all my Ducks in a row,before I make the announcement,I'm the winner of the largest Jackpot in America's History.

    Jill34786's avatar - Lottery-006.jpg
    Windermere, FL/Franklin, TN
    United States
    Member #50210
    March 1, 2007
    843 Posts
    Offline
    Posted: March 29, 2012, 2:46 pm - IP Logged

    I will claim the jackpot in my name & then form the RLT so that it is not broadcast in the media ........

    Cheers

    I made the play last nite ...................

    You can also make a claim under an LLC and disolve it after you have opened several others. You should never claim under your real name for the sake of your family.

      haymaker's avatar - Lottery-012.jpg
      Egg Harbor twp.south Jersey shore
      United States
      Member #112968
      June 29, 2011
      3854 Posts
      Offline
      Posted: March 29, 2012, 2:47 pm - IP Logged

      Only $1.395M in Rumson, NJ (only is sarcastic)

      5bd/5ba, 3,490 sq ft. Built in 2011

      I'll put in an offer in a month when my MM check clears.  Banana

      set that house down in Egg Harbor twp. and its worth about $400,000

      Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

        fwlawrence's avatar - Yavill
        Austin
        United States
        Member #9378
        December 6, 2004
        210 Posts
        Offline
        Posted: March 29, 2012, 2:48 pm - IP Logged

        There will most likely be another increase of at least 50 million tomorrow. Less than a hour after I bought my ticket that said 476 million, they increased the jackpot to 500 million.

          smooth11484's avatar - Lottery-053.jpg
          ohio
          United States
          Member #125198
          March 26, 2012
          1894 Posts
          Offline
          Posted: March 29, 2012, 2:49 pm - IP Logged

          You can also make a claim under an LLC and disolve it after you have opened several others. You should never claim under your real name for the sake of your family.

          ill give the media my great great great grandfathers name

            smooth11484's avatar - Lottery-053.jpg
            ohio
            United States
            Member #125198
            March 26, 2012
            1894 Posts
            Offline
            Posted: March 29, 2012, 2:53 pm - IP Logged

            I don't get on here much,maybe just to read post. But this Jackpot has caught my attention. The man who has won the lottery 7 times,Richard Lustig,had some tips on winning the lottery. So I printed them out and going to try out these tips. I have picked out some numbers,three tickets of my picks and going to buy 3 tickets of quick picks. Thirty dollars worth. He said it don't matter how many tickets you buy,the odd's stay's the same. He also said Luck has nothing to do with it too. Heard on the news that all the number combinations are also filling up. There probably will be more than one winners this time. I just hope I will be one of them,just a little is all I need to live the life of Riley....but of course,if I am the one who wins it all,Just have to keep a low profile first,then get all my Ducks in a row,before I make the announcement,I'm the winner of the largest Jackpot in America's History.

            im picking ages of my immediate family

              Avatar
              Indiana
              United States
              Member #120718
              December 26, 2011
              47 Posts
              Offline
              Posted: March 29, 2012, 2:54 pm - IP Logged

              I would like to hear some names of trusts that you have considered ..of course not revealing any that you would use.

               

              I really think that the people who win this will not be able to keep their mouths shut. Look at the Rainbow Sherbet Woman. She formed a trust..and then had to let people know she won.

                Avatar
                Florida
                United States
                Member #123021
                February 12, 2012
                29 Posts
                Offline
                Posted: March 29, 2012, 2:56 pm - IP Logged

                $14,330,769 is a nice after tax annuity but next year the top tier tax rate goes up (unless Congress extends the Bush tax cuts once again).

                You will have no certainty from future Fed tax rate increase. If the top Federal rate goes to 70% (it's been higher in past years) then your payment dwindles down to $4,984,615 and that's assuming the Ohio state tax rate stays at 6%.

                The cash value after tax in Ohio is $292,500,000 . If it earned a measly 2% in perhaps a Municipal tax free bond then you would net 5,850,000 each year without ever touching the principal.

                While someone taking the annuity would be collecting their last payment 26 years from now, the person who opted for the cash would have already been paid over $152,100,000 tax free while still having the original $292,500,000 left in their account.

                Not trying to persuade your mind but just wanted to give you a different perspectiveSmile

                These different perspectives are invaluable, Jill34786 (isn't your number the zipcode for Windermere? Big Grin)! Truly and utterly. These are the kind of posts I love reading, and it's great to have people who have and still work in finances to give these kinds of responses. I think I'll still lean toward the lump sum option then. Thanks so much for this info!

                You also mentioned that there are communities within Orlando that are barred against the media. For Windermere, would that be near the Butler Chain of Lakes' communities? Maybe Bay Hill? I'm curious if there are other communities like that, maybe in Heathrow and Lake Nona that offer the same kind of protection? I'd think Winter Park would be too open and unguarded to offer that. Would Montverde would that too? Near Lake Apopka. What about Celebration and its ties to Disney? That and I'm sure the luxury communities on the beaches are a given, no matter what part of Florida you live in.

                  Avatar

                  United States
                  Member #26330
                  November 16, 2005
                  330 Posts
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                  Posted: March 29, 2012, 2:56 pm - IP Logged

                  Sorry If I make some people sick but if I win the Jackpot write me your name and address and I will gladly buy you a bottle of Pepto!  The only thing that will make me angry if one of these Celebs I have been seeing out in Hollywood that are buying tickets wins.....Mad   I hate it when someone who already has Millions wins....give us regular working stiffs a chance to get out from under!!

                  For those of you thinking of taking annuity you are forgetting about the other tax INFLATION in 20 years will $14 million be what it is today?  NO.

                    dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
                    Oklahoma
                    United States
                    Member #82391
                    November 12, 2009
                    6290 Posts
                    Offline
                    Posted: March 29, 2012, 2:56 pm - IP Logged

                    $540 Million sounds good to me!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!White Bounce

                    I Love Pink & Green 1908

                      dpoly1's avatar - driver
                      PA
                      United States
                      Member #66141
                      October 16, 2008
                      1672 Posts
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                      Posted: March 29, 2012, 2:58 pm - IP Logged

                      ii willllll be sicccccck to my stomach if one person wins

                      1 Ticket ........... 1 Person

                      US Flag

                      dpoly1 - Playing the lottery to save the jobs of those that build, transport, sell & maintain luxury items! -

                       

                      Eschew Poverty ........... Vote Conservative!

                        HiFi's avatar - police

                        United States
                        Member #3792
                        February 21, 2004
                        198 Posts
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                        Posted: March 29, 2012, 2:58 pm - IP Logged

                        the jackpot is so high that you could buy all 175 million combinations and even if another person including yourself won, you would still come out ahead.  i dont think it would be possible to do in reality, to print up 175 million tickets before friday.  im hoping only one person wins though, its a better story that way.

                          Avatar

                          United States
                          Member #122691
                          February 6, 2012
                          330 Posts
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                          Posted: March 29, 2012, 2:58 pm - IP Logged

                          I am hoping to win the Powerball and not the MegaMillions because right now absolutely no one will remember or care who you are and quite frankly I don't want or need this much money and all the crap that is going to go along with it. Forever whenver the jackpot gets large in the lottery your name will always be brought up as the winner of the biggest lottery in the history of America, maybe the world.

                            Avatar
                            Indiana
                            United States
                            Member #120718
                            December 26, 2011
                            47 Posts
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                            Posted: March 29, 2012, 3:00 pm - IP Logged

                            the jackpot is so high that you could buy all 175 million combinations and even if another person including yourself won, you would still come out ahead.  i dont think it would be possible to do in reality, to print up 175 million tickets before friday.  im hoping only one person wins though, its a better story that way.

                            I could envision a The Don of a family working this out. All you need to do is have a lot of minions to carry this through.

                             

                            Would love to know the story on the Idaho jackpot that the winner decided not to claim.

                              golfer1960's avatar - Lottery-003.jpg
                              Eatontown, NJ
                              United States
                              Member #119670
                              November 29, 2011
                              740 Posts
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                              Posted: March 29, 2012, 3:01 pm - IP Logged

                              set that house down in Egg Harbor twp. and its worth about $400,000

                              I know haymaker! Location, location! This house only 800 yds from the Navesink River and the Atlantic Ocean is 1000 yds away. But I hear ya!

                                 
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