$320 MILLION: Powerball lottery jackpot goes through the roof

Mar 21, 2013, 1:11 am (444 comments)

Powerball

13th-largest US jackpot ever; 9th-largest cash value

By Todd Northrop

For only the 17th time in the history of United States lotteries, a lottery jackpot run-up has crossed into $300 million+ territory.

The new high-water mark of $320 million for the current Powerball jackpot was achieved after no winning tickets were sold for Wednesday night's $260 million grand prize.

The lump-sum cash payout value of Wednesday's Powerball jackpot is $198.3 million.  After-tax cash and annuity prize amounts are reported state-by-state on the Jackpot Analysis page at USA Mega, a web site devoted to the Powerball and Mega Millions multi-state lottery games.

This is the largest Powerball jackpot since Nov. 28, 2012, when 2 tickets sold in Arizona and Missouri split a $587.5 million Powerball jackpot (see Record $587.5 million Powerball jackpot won by 2 tickets, Lottery Post, Nov. 29, 2012).

Players should note that jackpot amounts are conservative estimates provided by the lotteries, and are often somewhat higher by the time the drawing occurs.

The mammoth prize is the result of 12 consecutive draws without a winner.  The run-up started as a $40 million prize on February 9, 2013.

The winning numbers for Wednesday, March 20, 2013 were 13, 14, 17, 43, and 54, with Powerball number 15.

Even though nobody won the jackpot Wednesday, 3 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from Florida, 1 from Kentucky, and 1 from Ohio.

None all the second-prize winners purchased their tickets with the Power Play option for an extra $1, which would have doubled their second prize payout to $2 million.

74 tickets matched four white numbers plus the Powerball and won $10,000. Of those tickets, 10 were purchased with the Power Play option, increasing the prize to $40,000.

Following the Wednesday drawing, the Powerball annuity jackpot estimate was raised $60 million from its previous amount of $260 million. The cash value was raised by $37.2 million from its previous amount of $161.1 million.

When a Powerball ticket is purchased with the Power Play option for an extra $1 per ticket, any non-jackpot prize is increased according to a fixed prize schedule, which can be found on the Powerball Drawing Detail page at USA Mega, as well as on the Powerball Prize Payouts page at Lottery Post.

Powerball is now played in 42 states, plus the District of Columbia and the U.S. Virgin Islands.  Drawings are Wednesdays and Saturdays at 11:00 p.m. Eastern Time.  Tickets cost $2 each.

On April 8, California will join the Powerball game, becoming the 43rd state to play the game. After California joins the game, Powerball will be available for purchase in every U.S. state that operates a lottery.

A 44th Powerball state will be added some time in the next year, as the state of Wyoming has approved a new state lottery with the intention of joining Powerball and other multi-state games.  (See Wyoming officially becomes 44th state with a lotteryLottery Post, Mar. 14, 2013.)

Powerball lottery results are published within minutes of the drawing at USA Mega (www.usamega.com).  The USA Mega Web site provides lottery players in-depth information about the United States's two biggest multi-state lottery games, Mega Millions and Powerball.

Top 25 United States lottery jackpots of all time

Saturday's Powerball jackpot currently stands as the 13th-largest lottery jackpot of all time in the United States.  That position may rise before the drawing Saturday night, as lotteries are typically conservative in their initial estimates, and brisk sales may push the jackpot estimate higher by draw time.

If nobody wins Saturday, it's anyone's guess how high it will go.

  1. Mega Millions: $656 million, Mar. 30, 2012 - Illinois, Kansas, Maryland
  2. Powerball: $587.5 million, Nov. 28, 2012 - Arizona, Missouri
  3. Mega Millions: $390 million, Mar. 6, 2007 - Georgia, New Jersey
  4. Mega Millions: $380 million, Jan. 4, 2011 - Idaho, Washington
  5. Powerball: $365 million, Feb. 18, 2006 - Nebraska
  6. The Big Game: $363 million, May 9, 2000 - Illinois, Michigan
  7. Powerball: $340 million, Oct. 19, 2005 - Oregon
  8. Powerball: $337 million, Aug. 15, 2012 - Michigan
  9. Powerball: $336.4 million, Feb. 11, 2012 - Rhode Island
  10. Mega Millions: $336 million, Aug. 28, 2009 - California, New York
  11. The Big Game: $331 million, Apr. 16, 2002 - Georgia, Illinois, New Jersey
  12. Mega Millions: $330 million, Aug. 31, 2007 - Maryland, New Jersey, Texas, Virginia
  13. Powerball: $320 million, Mar. 23, 2013 - preliminary estimate, not won yet
  14. Mega Millions: $319 million, Mar. 25, 2011 - New York
  15. Mega Millions: $315 million, Nov. 15, 2005 - California
  16. Powerball: $314.9 million, Dec. 26, 2002 - West Virgina
  17. Powerball: $314.3 million, Aug. 25, 2007 - Indiana
  18. Powerball: $295.7 million, Jul. 29, 1998 - Indiana
  19. Powerball: $295 million, Aug. 25, 2001 - Delaware, Kentucky, Minnesota, New Hampshire
  20. Mega Millions: $294 million, Jul. 2, 2004 - Massachusetts
  21. Powerball: $276.3 million, Mar. 15, 2008 - West Virgina
  22. Mega Millions: $275 million, Feb. 22, 2008 - Georgia
  23. Mega Millions: $270 million, Feb. 28, 2006 - Ohio
  24. Mega Millions: $266 million, May 4, 2010 - California
  25. Mega Millions: $265 million, Apr. 18, 2006 - Ohio

For those keeping score, the number of jackpots in the top 25, by lottery game, are:

  • Mega Millions: 12
  • Powerball: 11
  • The Big Game: 2

The Big Game is the original name of Mega Millions, from the game's first drawing on Sep. 6, 1996 through May 14, 2002.  The name was changed to Mega Millions starting with the May 17, 2002 drawing.

Top 20 cash value jackpots

Since many lottery winners collect their winnings in cash, the lump-sum payout is an important measure of what a winning ticket could be worth.

Looking at the cash value, the upcoming Powerball jackpot is even better than the annuity, ranking as the ninth-largest cash value in U.S. history.

  1. Mega Millions: $471 million cash, Mar. 30, 2012 ($656 million annuity) - Illinois, Kansas, Maryland
  2. Powerball: $384.7 million cash, Nov. 28, 2012 ($587.5 million annuity) - Arizona, Missouri
  3. Mega Millions: $240 million cash, Jan. 4, 2011 ($380 million annuity) - Idaho, Washington
  4. Mega Millions: $233.1 million cash, Mar. 6, 2007 ($390 million annuity) - Georgia, New Jersey
  5. Powerball: $224.7 million cash, Aug. 15, 2012 ($337 million annuity) - Michigan
  6. Mega Millions: $214 million cash, Aug. 28, 2009 ($336 million annuity) - California, New York
  7. Powerball: $210 million cash, Feb. 11, 2012 ($336.4 million annuity) - Rhode Island
  8. Mega Millions: $202.9 million cash, Mar. 25, 2011 ($319 million annuity) - New York
  9. Powerball: $198.3 million cash, Mar. 23, 2013 ($320 million annuity) - preliminary estimate, not won yet
  10. Mega Millions: $194.4. million cash, Aug. 31, 2007 ($330 million annuity) - Maryland, New Jersey, Texas, Virginia
  11. Mega Millions: $185 million cash, Nov. 15, 2005 ($315 million annuity) - California
  12. The Big Game: $180 million cash, May 9, 2000 ($363 million annuity) - Illinois, Michigan
  13. Powerball: $177.3 million cash, Feb. 18, 2006 ($365 million annuity) - Nebraska
  14. Mega Millions: $168 million cash, July 2, 2004 ($294 million annuity) - Massachusetts
  15. Mega Millions: $167.7 million cash, Feb. 22, 2008 ($275 million annuity) - Georgia
  16. Powerball: $166 million cash, Aug. 25, 2001 ($295 million annuity) - Delaware, Kentucky, Minnesota, New Hampshire
  17. Mega Millions: $165.2 million cash, May 4, 2010 ($266 million annuity) - California
  18. Powerball: $164.4 million cash, won Oct. 19, 2005 ($340 million annuity) - Oregon
  19. Mega Millions: $164 million cash, Feb. 28, 2006 ($270 million annuity) - Ohio
  20. Powerball: $161.5 million cash, July 29, 1998 ($295.7 million annuity) - Indiana

Lottery Post Staff

Comments

En ReVal

Well, here we go again! Playin' the same numbers again!  Can we get a non-quick pick to win this time?

noise-gate

Someone other than Californians will win this PB jackpot go round. I hope its someone who frequents this forum and who we know..more or less.
That is my wish to you guys & gals. Now go out there and Win. !!Party

whiteballz's avatarwhiteballz

a lump sum payout of $198.3 million, that ends up being about $99.4 million after goverment confiscation.

$198.3 million x 39.6 (federal income tax) x 10.8 (state income tax) x 3.8 (obamacare tax) + $8.56 million (deduction for state tax) equals about $99.4 million.

RedStang's avatarRedStang

"Salute" for good luck or if you like wine "Cin Cin".

DC81's avatarDC81

Quote: Originally posted by whiteballz on Mar 21, 2013

a lump sum payout of $198.3 million, that ends up being about $99.4 million after goverment confiscation.

$198.3 million x 39.6 (federal income tax) x 10.8 (state income tax) x 3.8 (obamacare tax) + $8.56 million (deduction for state tax) equals about $99.4 million.

Well, on the bright side it'll probably at least be an even 100M before the drawing.

whiteballz's avatarwhiteballz

Quote: Originally posted by DC81 on Mar 21, 2013

Well, on the bright side it'll probably at least be an even 100M before the drawing.

If you win the jackpot, 25% will be withheld by the lottery office before you even receive the check. The rest of the taxes will be due April 2014. If you need help doing your 2014 taxes after winning Powerball, call me. I'll be happy to help.

whiteballz's avatarwhiteballz

Quote: Originally posted by noise-gate on Mar 21, 2013

Someone other than Californians will win this PB jackpot go round. I hope its someone who frequents this forum and who we know..more or less.
That is my wish to you guys & gals. Now go out there and Win. !!Party

A Californian might win this jackpot. No one is stopping Californians from driving to Oregon or Arizona to get Powerball tickets.

gocart1's avatargocart1

Go baby go

VenomV12

Quote: Originally posted by whiteballz on Mar 21, 2013

a lump sum payout of $198.3 million, that ends up being about $99.4 million after goverment confiscation.

$198.3 million x 39.6 (federal income tax) x 10.8 (state income tax) x 3.8 (obamacare tax) + $8.56 million (deduction for state tax) equals about $99.4 million.

Oh shup up with the government confiscation crap. You will walk away with $100+ million for spending a couple bucks. Can't your kind ever stop whining? Jesus Christ. The people like you are usually the ones sucking off the government teat. Almost every single time. 

joshuacloak's avatarjoshuacloak

notice how top 4 record jackpots  have more then 1 winner

 

out of top top 10"number 9th without a winner atm"  6 of them have  2 or more winners

 

if this baby rolls, going by mega chart shows it going to 500m range

1 rollover away form a other godly monster.  now we 320m i think we start seeing media reports slowly come in

 

it it rolls,  they will ofc market it 400m whatever,  we know once they market it anything 400m . it  sends lotto fever into everyone and they go right to 500/600 range

we have at lest 3rd largest jackpot in history if it rolls past this one

i think with only 2,  5-0 winners this last draw, its just matter of luck of numbers fallin 

as we sure won't past 50% of all number combo's sold, 

 


Wednesday, November 28, 2012
05 · 16 · 22 · 23 · 29    + 06 $587.5 Million
Saturday, November 24, 2012 22 · 32 · 37 · 44 · 50    + 34 $325 Million

 

and 2 person who said 99m atfer all taxes, wrong ,  try 119m atfer full 39.6 full rate, 

also   don't u dare put obamacare tax in here,  that don't apply here,  bro, that's for freaking   tax on investment income.

why the tax is bad, applying it 2 something as a lottery win is madness in accounting error.

 govt can have there 70m + in taxes, if your getting 119m

u ,your kids, your future grind kids,and the great grind kids can live  off of this thing

100m invested into near anything decent and safe will see a nice return

u can even  spend 19m   buy everyone u love a nice little home/car.whatever

invest the rest at like 4% or anything return rates, and i don't know how the hell u can blow that. wait i do................

just ask Andrew “Jack” Whittaker . that man found out how to waste 315 million jackpot 

here the sad part, he was rich before the win, mwhahahaha

how in hell he did it is sure amazing to read. look him up in lottery post search, 

 

 

redhot7's avatarredhot7

Hopefully it will hit 1 billion from one ticket and one winner (no office poll). A real world record!

Now that would be BIG news not just in America but all over the world.

KY Floyd's avatarKY Floyd

Quote: Originally posted by whiteballz on Mar 21, 2013

a lump sum payout of $198.3 million, that ends up being about $99.4 million after goverment confiscation.

$198.3 million x 39.6 (federal income tax) x 10.8 (state income tax) x 3.8 (obamacare tax) + $8.56 million (deduction for state tax) equals about $99.4 million.

A lot of people refer to the "Obamacare tax", but the correct name is the Net Investment Income Tax. Lottery winnings are not, and never have been, viewed by the IRS as investment income. The tax applies to the lesser of net investment income or adjusted gross income beyond a threshold.

Everything I've seen indicates that the name is accurate, and it's only investment income that will matter. If anyone has seen a legitimate source reporting that the tax will apply to lottery (or other gambling) winnings I'd be happy to look at it, but if lottery winnings are treated as investment income it may open the door for claiming some lottery winnings at the capital gains rate. I can promise that the IRS would rather tax a jackpot at 39.6% than 20% plus 3.8%.

That means that unless the IRS starts treating lottery winnings as investment income nobody is going to pay the tax on lottery winnings unless their lottery winnings plus everything else that contributes to their AGI is less than their investment income. That means that somebody with an AGI of more than $125 to 250k (depending on filing status) including a reported win of $1000 and investment income of more than $1000 will pay an extra $38. If they won $10k and had more than $10k from investment income they'd pay $380. If they won $100 million and had investment income of $100k they'd pay $3,800.

dallascowboyfan's avatardallascowboyfan

Woo Hoo let the frenzy begin...

dallascowboyfan's avatardallascowboyfan

Quote: Originally posted by noise-gate on Mar 21, 2013

Someone other than Californians will win this PB jackpot go round. I hope its someone who frequents this forum and who we know..more or less.
That is my wish to you guys & gals. Now go out there and Win. !!Party

That' nice of you noise-gate I know it must be frustrating not to be able to participate in this powerball frenzy.

LottoBoner

Yawn

dallascowboyfan's avatardallascowboyfan

I really thought there would have been more players to win the second tier prize anyway congratulation to all the winnersThumbs Up

Carl8080

Mega millions red ball was 35

So we do this 3x5= 15 therefore the power ball was going to be 15

This thing is funny

Plus the red powerball 15 didn't come out for two years.

whiteballz's avatarwhiteballz

Quote: Originally posted by VenomV12 on Mar 21, 2013

Oh shup up with the government confiscation crap. You will walk away with $100+ million for spending a couple bucks. Can't your kind ever stop whining? Jesus Christ. The people like you are usually the ones sucking off the government teat. Almost every single time. 

You should read up on federal income tax and how it came about. People like me? what's that supposed to mean? I've never taken a dime from the government in my life. I'm someone who wants to keep most of what I won, depending on the state you live, that isn't possible.

dallascowboyfan's avatardallascowboyfan

Quote: Originally posted by VenomV12 on Mar 21, 2013

Oh shup up with the government confiscation crap. You will walk away with $100+ million for spending a couple bucks. Can't your kind ever stop whining? Jesus Christ. The people like you are usually the ones sucking off the government teat. Almost every single time. 

Shame on you Venom for using Christ name No No

whiteballz's avatarwhiteballz

Quote: Originally posted by KY Floyd on Mar 21, 2013

A lot of people refer to the "Obamacare tax", but the correct name is the Net Investment Income Tax. Lottery winnings are not, and never have been, viewed by the IRS as investment income. The tax applies to the lesser of net investment income or adjusted gross income beyond a threshold.

Everything I've seen indicates that the name is accurate, and it's only investment income that will matter. If anyone has seen a legitimate source reporting that the tax will apply to lottery (or other gambling) winnings I'd be happy to look at it, but if lottery winnings are treated as investment income it may open the door for claiming some lottery winnings at the capital gains rate. I can promise that the IRS would rather tax a jackpot at 39.6% than 20% plus 3.8%.

That means that unless the IRS starts treating lottery winnings as investment income nobody is going to pay the tax on lottery winnings unless their lottery winnings plus everything else that contributes to their AGI is less than their investment income. That means that somebody with an AGI of more than $125 to 250k (depending on filing status) including a reported win of $1000 and investment income of more than $1000 will pay an extra $38. If they won $10k and had more than $10k from investment income they'd pay $380. If they won $100 million and had investment income of $100k they'd pay $3,800.

whatever you want to call the tax, what is it supposed to fund?

Saylorgirl's avatarSaylorgirl

Quote: Originally posted by whiteballz on Mar 21, 2013

If you win the jackpot, 25% will be withheld by the lottery office before you even receive the check. The rest of the taxes will be due April 2014. If you need help doing your 2014 taxes after winning Powerball, call me. I'll be happy to help.

It is nice to have a win early in the year so one has time to redeploy their winnings.  They can possible reduce some of the additional taxes that would be due.

Glad I don't live in New Jersey your state taxes are a real oucher!!

mightwin's avatarmightwin

Let it be one jackpot winner...................... Michigan!

msharkey2001's avatarmsharkey2001

An interesting trend observation to share with everyone. Yesterday was yet another draw with some closely bunched numbers. It's been quite the run of draws with a number delta of 4 or less (30 of the last 31 or 97%) since the beginning of December. That could change at any time of course, but I'll be picking my numbers within this trend for Saturday in hopes this continues.

 

Good luck everyone! Here's hoping there will be a JP or 5 of 5 winner from LP this Saturday!

 

Cheers

dpoly1's avatardpoly1

Here we go folks ................

Best of luck to LP Members, I hope that there is a big winner from our group!

Dance

dpoly1's avatardpoly1

I am hoping for 1 individual winner so as to drive the "fair share" crowd nuts!

Sad

rcbbuckeye's avatarrcbbuckeye

Quote: Originally posted by VenomV12 on Mar 21, 2013

Oh shup up with the government confiscation crap. You will walk away with $100+ million for spending a couple bucks. Can't your kind ever stop whining? Jesus Christ. The people like you are usually the ones sucking off the government teat. Almost every single time. 

Wow "Venom".

"Can't your kind ever stop whining?"

Well.... that was a whine if I ever saw one.

If you like paying taxes so much, you are so very welcome to pay mine next year. Otherwise, just calm down.

Piaceri

Quote: Originally posted by dallascowboyfan on Mar 21, 2013

Shame on you Venom for using Christ name No No

Agree. Karma and all that.  No No

 

Agree with doply1, I'm hoping for a single winner, whoever they are, just to anger the share the wealth peeps. White Bounce

 

Let the fun begin!!!!Party Best of luck to all at Lottery Post!

mightwin's avatarmightwin

Yeah I guess people who don't like us complaining about paying a lot in taxes don't mind their $ being taken and wasted away.

mightwin's avatarmightwin

If there's no winner Saturday then I can see it goin sky high

helpmewin's avatarhelpmewin

Let it ROLL!  Hurray!

golfer1960's avatargolfer1960

Quote: Originally posted by helpmewin on Mar 21, 2013

Let it ROLL!  Hurray!

Nice!! My guess is that it will ROLL to $400M by Sat night and if no one wins it will go to $800M!!!!

COME ON POWERBALL!!!!

ALPHARETTA, GA MANSION

helpmewin's avatarhelpmewin

Quote: Originally posted by golfer1960 on Mar 21, 2013

Nice!! My guess is that it will ROLL to $400M by Sat night and if no one wins it will go to $800M!!!!

COME ON POWERBALL!!!!

ALPHARETTA, GA MANSION

That would be awesomeDance

i would spend $100.00 if it was $800 millionParty

golfer1960's avatargolfer1960

Yeah, I need a new TV. C'mon!!!

Home theater

golfer1960's avatargolfer1960

Yum, a nice vacation...

bahamas vacation

helpmewin's avatarhelpmewin

Quote: Originally posted by golfer1960 on Mar 21, 2013

Yeah, I need a new TV. C'mon!!!

Home theater

 yeah you get that new TV you want soon Yes Nod

golfer1960's avatargolfer1960

Quote: Originally posted by helpmewin on Mar 21, 2013

 yeah you get that new TV you want soon Yes Nod

What is your dream "helpmewin"? What do you want?

mcginnin56

Quote: Originally posted by golfer1960 on Mar 21, 2013

What is your dream "helpmewin"? What do you want?

I would hope that she wants world peace, to end hunger, poverty, diseases, and for THRIFTY to finally buy a lottery ticket.  Blue Angel

golfer1960's avatargolfer1960

Quote: Originally posted by mcginnin56 on Mar 21, 2013

I would hope that she wants world peace, to end hunger, poverty, diseases, and for THRIFTY to finally buy a lottery ticket.  Blue Angel

LOL!!!  My man mcginnin is back!!!

What you dreaming about my brother?

golfer1960's avatargolfer1960

How romantic!

Romantic vacation, St. Lucia

Ronnie316

The joys of senior living!

hotslot3

I will have my ticket for this drawing but only a few dollars. The jackpot when it reaches this level becomes more of a fantasy than usual, even though the odds remain the same.  It's more money than most can comprehend and frankly more than anyone really needs. Most of the money would probably remain in the bank earning interest unless you just go out and blow it all, which would take some effort, unless you're buying art in the millions of dollars range.

What would I do with the money? That is the usual question people ask themselves or others that win this type of jackpot. Well, I would First remain 100% anonymous, contact a tax attorney and claim it in a blind trust. I would take it in cash, of course. I would then put about $70 million in the bank in tax-free bonds....The other $30 million, I would buy real-estate, A Lamborghini, Porsche 911 turbo, Ferrari and a Mercedes SLR Mclaren, about $1 million or so in wheels. All vacations I would fly private or first class. I would still have millions left over from the $30 million not in the bank. As you can see, it's more than you would ever need unless you just blow it on multi-million dollar art or give most of it away to charity. If you don't spend or give it away, it just winds up sitting in the bank earning interest. 

I really hope it's me receiving the $100 million+ deposit in the bank a couple weeks from now. If not, I hope it's one of YOU guys! I really do!

Good luck to all. Someone's life will change forever. This is the jackpot dreams are made of. Now go out there, get a few tickets and win this thing!!

Thumbs Up

golfer1960's avatargolfer1960

Quote: Originally posted by hotslot3 on Mar 21, 2013

I will have my ticket for this drawing but only a few dollars. The jackpot when it reaches this level becomes more of a fantasy than usual, even though the odds remain the same.  It's more money than most can comprehend and frankly more than anyone really needs. Most of the money would probably remain in the bank earning interest unless you just go out and blow it all, which would take some effort, unless you're buying art in the millions of dollars range.

What would I do with the money? That is the usual question people ask themselves or others that win this type of jackpot. Well, I would First remain 100% anonymous, contact a tax attorney and claim it in a blind trust. I would take it in cash, of course. I would then put about $70 million in the bank in tax-free bonds....The other $30 million, I would buy real-estate, A Lamborghini, Porsche 911 turbo, Ferrari and a Mercedes SLR Mclaren, about $1 million or so in wheels. All vacations I would fly private or first class. I would still have millions left over from the $30 million not in the bank. As you can see, it's more than you would ever need unless you just blow it on multi-million dollar art or give most of it away to charity. If you don't spend or give it away, it just winds up sitting in the bank earning interest. 

I really hope it's me receiving the $100 million+ deposit in the bank a couple weeks from now. If not, I hope it's one of YOU guys! I really do!

Good luck to all. Someone's life will change forever. This is the jackpot dreams are made of. Now go out there, get a few tickets and win this thing!!

Thumbs Up

Yo Hottie, great wish list! Good luck to ya mate!

golfer1960's avatargolfer1960

Quote: Originally posted by hotslot3 on Mar 21, 2013

I will have my ticket for this drawing but only a few dollars. The jackpot when it reaches this level becomes more of a fantasy than usual, even though the odds remain the same.  It's more money than most can comprehend and frankly more than anyone really needs. Most of the money would probably remain in the bank earning interest unless you just go out and blow it all, which would take some effort, unless you're buying art in the millions of dollars range.

What would I do with the money? That is the usual question people ask themselves or others that win this type of jackpot. Well, I would First remain 100% anonymous, contact a tax attorney and claim it in a blind trust. I would take it in cash, of course. I would then put about $70 million in the bank in tax-free bonds....The other $30 million, I would buy real-estate, A Lamborghini, Porsche 911 turbo, Ferrari and a Mercedes SLR Mclaren, about $1 million or so in wheels. All vacations I would fly private or first class. I would still have millions left over from the $30 million not in the bank. As you can see, it's more than you would ever need unless you just blow it on multi-million dollar art or give most of it away to charity. If you don't spend or give it away, it just winds up sitting in the bank earning interest. 

I really hope it's me receiving the $100 million+ deposit in the bank a couple weeks from now. If not, I hope it's one of YOU guys! I really do!

Good luck to all. Someone's life will change forever. This is the jackpot dreams are made of. Now go out there, get a few tickets and win this thing!!

Thumbs Up

I'd share some with my family and close friends, buy a home and furnishings, take a vacation, get a new car, pay off the bills, and put some money in my pocket. Then I'd take half and invest long term and the other half and invest for income. Oh yeah, I can't forget to pay those dam taxes!!!

hotslot3

Quote: Originally posted by golfer1960 on Mar 21, 2013

Yo Hottie, great wish list! Good luck to ya mate!

Thanks golfer! If you win, I'm sure you could buy a few new TV's and find some change left over for a nice vacation and some new clubs. LOL 

For fairness reasons though, the government might limit you to only 1 new TV and 1 vacation a year though...it wouldn't be fair otherwise, dontcha know.  Crazy

Good luck to ya golfer!

ashabug725's avatarashabug725

Quote: Originally posted by mightwin on Mar 21, 2013

If there's no winner Saturday then I can see it goin sky high

My guess is 415 if it doesn't hit Saturday...

ashabug725's avatarashabug725

Quote: Originally posted by mcginnin56 on Mar 21, 2013

I would hope that she wants world peace, to end hunger, poverty, diseases, and for THRIFTY to finally buy a lottery ticket.  Blue Angel

Bahahaha!!!! Love it :)

hotslot3

Quote: Originally posted by golfer1960 on Mar 21, 2013

I'd share some with my family and close friends, buy a home and furnishings, take a vacation, get a new car, pay off the bills, and put some money in my pocket. Then I'd take half and invest long term and the other half and invest for income. Oh yeah, I can't forget to pay those dam taxes!!!

Sounds like a good list golfer!

Sun Smiley

helpmewin's avatarhelpmewin

Quote: Originally posted by on May 20, 2024

Smiley

Ronnie316

Quote: Originally posted by ashabug725 on Mar 21, 2013

My guess is 415 if it doesn't hit Saturday...

Right, so 2 more rolls would put it over $500 million.

whiteballz's avatarwhiteballz

Quote: Originally posted by Ronnie316 on Mar 21, 2013

Right, so 2 more rolls would put it over $500 million.

I say one roll and the jackpot will be $580 million.

check out late November on this chart: https://www.lotterypost.com/game/4/jackpot

The jackpot went from $325 million to $588 million in one drawing.

MADDOG10's avatarMADDOG10

This dog who is so freakin' happy, he just physically CANNOT.

 

It's ALL Mine....!   Heh Heh Heh.

sully16's avatarsully16

Quote: Originally posted by MADDOG10 on Mar 21, 2013

This dog who is so freakin' happy, he just physically CANNOT.

 

It's ALL Mine....!   Heh Heh Heh.

Awwwwww, what a cutie

ressuccess's avatarressuccess

I hope somebody wins this Powerball Jackpot on this draw. Good luck to everyone.

ashabug725's avatarashabug725

Quote: Originally posted by whiteballz on Mar 21, 2013

I say one roll and the jackpot will be $580 million.

check out late November on this chart: https://www.lotterypost.com/game/4/jackpot

The jackpot went from $325 million to $588 million in one drawing.

It still may, however, I don't feel it'll do that this time... Doesn't seem to be quite as much hype around here... I think people over did it on the last 2 jackpots and didn't have a return like they expected.  The people that normally don't play lotto are probably waiting for one more raise before going all in.... Just my opinion though.. well see how it plays out!!

hotslot3

Whoever is the lucky winner of this jackpot would be able to experience Musha-Cay. An Island(s) in the bahamas owned by magician David Copperfield. The website has some amazing videos of the resort. It's a bit pricey at $37,500 a night (4 night minimun) but that would be pocket change to the winner.

Imagine spending time at this amazing resort with your closest family/friends. Amazing!

whiteballz's avatarwhiteballz

Quote: Originally posted by hotslot3 on Mar 21, 2013

Whoever is the lucky winner of this jackpot would be able to experience Musha-Cay. An Island(s) in the bahamas owned by magician David Copperfield. The website has some amazing videos of the resort. It's a bit pricey at $37,500 a night (4 night minimun) but that would be pocket change to the winner.

Imagine spending time at this amazing resort with your closest family/friends. Amazing!

it sounds like David Copperfield is also good at making people's money disappear.  Yes Nod

ashabug725's avatarashabug725

Quote: Originally posted by hotslot3 on Mar 21, 2013

Whoever is the lucky winner of this jackpot would be able to experience Musha-Cay. An Island(s) in the bahamas owned by magician David Copperfield. The website has some amazing videos of the resort. It's a bit pricey at $37,500 a night (4 night minimun) but that would be pocket change to the winner.

Imagine spending time at this amazing resort with your closest family/friends. Amazing!

150,000 for 4 nights... That is insane!!!!!!

ShowMeTheMoney$'s avatarShowMeTheMoney$

I think you're right.  There has been very little excitement about this jackpot.  I think it needs to get to $500 million or more before all the news outlets cover the story.  The only news story I saw recently was about a janitor (I think in Chicago) winning $1 milloin.  Still, that's not too shabby.  I'd gladly like to win a million dollars on a $2 investment.  Yes Nod

ashabug725's avatarashabug725

Quote: Originally posted by whiteballz on Mar 21, 2013

it sounds like David Copperfield is also good at making people's money disappear.  Yes Nod

I Agree! that's how people go broke.. too much lavish spending just coming into money like that :-/

hotslot3

Quote: Originally posted by whiteballz on Mar 21, 2013

it sounds like David Copperfield is also good at making people's money disappear.  Yes Nod

LOL

Maybe. But the resort is out of this world. Pricey? of course, but $150k or so is pocket change if you have over $100 million. I agree don't spend you money foolishly but remember guys...you only live once! What else is money for?!

BBLL's avatarBBLL

What would be everybody first top three things  to buy if you win the lottery?

hotslot3

Quote: Originally posted by ashabug725 on Mar 21, 2013

150,000 for 4 nights... That is insane!!!!!!

Of course it is, that's the point. If you just won $100 million you can afford to do something like this or whatever else you want. You gotta Splurge a little.

hotslot3

Quote: Originally posted by BBLL on Mar 21, 2013

What would be everybody first top three things  to buy if you win the lottery?

1. New House.

2. Fleet of exotic cars.

3. Musha-Cay vacation for 2 weeks (private jet to the island)

Of course, I would do other things like help out family and charity and invest wisely. But you gotta live a little and spend it. What else can you do with it besides keep it in the bank and earn interest.  Enjoy it.

ShowMeTheMoney$'s avatarShowMeTheMoney$

Stay on a budget.  And, learn to say "NO."  You'll be fine, and the jackpot can last you your entire lifetime.  Sure, you might hurt some people's feelings along the way, but in the long run, it will save you. Smile

whiteballz's avatarwhiteballz

Quote: Originally posted by hotslot3 on Mar 21, 2013

LOL

Maybe. But the resort is out of this world. Pricey? of course, but $150k or so is pocket change if you have over $100 million. I agree don't spend you money foolishly but remember guys...you only live once! What else is money for?!

sure, why not let your imagination run wild? If we get a few more rolls, we might see a billion dollar jackpot, then you could buy your own island.

RedStang's avatarRedStang

Quote: Originally posted by VenomV12 on Mar 21, 2013

Oh shup up with the government confiscation crap. You will walk away with $100+ million for spending a couple bucks. Can't your kind ever stop whining? Jesus Christ. The people like you are usually the ones sucking off the government teat. Almost every single time. 

Somehow Uncle Sam has convinced you that paying Taxes is a good thing, so they can just waste it later.

ShowMeTheMoney$'s avatarShowMeTheMoney$

If I won a HUGE POWERBALL Jackpot, I would do these things (I think/maybe):

1.  Buy a New House (large but not a mansion-property taxes and maintenance would be astronomical!)

2.  Go on a Vacation (to figure out how to deal with the sudden wealth and let it sink in a little)

3.  Help pay off some relatives' student loans (nice gesture to family)

4.  Adopt a few dogs (you can save lives and get unconditional love in return)

Cheers

hotslot3

Quote: Originally posted by RedStang on Mar 21, 2013

Somehow Uncle Sam has convinced you that paying Taxes is a good thing, so they can just waste it later.

Actually, nobody likes paying taxes. That's just natural. What people like him want is the "rich" taxed of their earnings. In the name of fairness (equality of outcomes) and to redistribute the wealth. Where does this mindset come from? The marxist universities, the liberal media, jealousy and a belief the the rich somehow got over due to immoral ways. While some have, most work harder, longer and frankly have a higher IQ than the dull masses. Their lack of success makes them feel inferior and the only way you can get back is to tax the rich on their money and give it away to the lame and lazy.  It's not polite or politically-correct to say this, but that's it in a nutshell.

ShowMeTheMoney$'s avatarShowMeTheMoney$

Quote: Originally posted by hotslot3 on Mar 21, 2013

Of course it is, that's the point. If you just won $100 million you can afford to do something like this or whatever else you want. You gotta Splurge a little.

Maybe everyone should experience extreme luxury at least once in their lives without thinking how much it's gonna cost them

helpmewin's avatarhelpmewin

Quote: Originally posted by ashabug725 on Mar 21, 2013

I Agree! that's how people go broke.. too much lavish spending just coming into money like that :-/

I Agree!

hotslot3

Quote: Originally posted by ShowMeTheMoney$ on Mar 21, 2013

Maybe everyone should experience extreme luxury at least once in their lives without thinking how much it's gonna cost them

If you can afford it, that's the whole point. Indulge yourself if you win. You have more than enough money for several lifetimes. My indulgence would be 2 weeks in Musha Cay (arriving by private jet) Remember folks, when you die your bank ballance means nothing. Enjoy it while you can and you're still young enough! We're only going 'round this merry-go-round once. Yes Nod

mightwin's avatarmightwin

I don't think anyone really got excited on the run when DL took it down.....maybe if it rolls or they up it before sat

whiteballz's avatarwhiteballz

Quote: Originally posted by hotslot3 on Mar 21, 2013

Actually, nobody likes paying taxes. That's just natural. What people like him want is the "rich" taxed of their earnings. In the name of fairness (equality of outcomes) and to redistribute the wealth. Where does this mindset come from? The marxist universities, the liberal media, jealousy and a belief the the rich somehow got over due to immoral ways. While some have, most work harder, longer and frankly have a higher IQ than the dull masses. Their lack of success makes them feel inferior and the only way you can get back is to tax the rich on their money and give it away to the lame and lazy.  It's not polite or politically-correct to say this, but that's it in a nutshell.

anyone who beats 175 million to one odds deserves to keep every last dime. How else would most people rationalize plunking down $2 a ticket on a game that's absurdly difficult to win?

LottoGuyBC's avatarLottoGuyBC

$320M+ Hurray!

hotslot3

Quote: Originally posted by ashabug725 on Mar 21, 2013

I Agree! that's how people go broke.. too much lavish spending just coming into money like that :-/

I respecfully disagree. People, lottery winners, go completely broke because they are idiots. An example would be David Edwards who won the Powerball back in 2001. He could have lived like a king but went broke not because he bought nice things and vacations but because he kept buying and buying and buying and buying until every last penny was spent.  If you just won $100 million jackpot and you spend $150,000 on a vacation that's not even close to going broke...that's enjoying an amazing vacation and living it up. You have barely even touched the principal and you would still be earning thousands of dollars in interest daily, every...single....day. People go broke because they don't plan and don't use their brain or a calculator. Equating taking a lavish vacation after winning $100 million to "that's how people go broke" is a logical fallacy.

Just my thoughts.

helpmewin's avatarhelpmewin

Quote: Originally posted by hotslot3 on Mar 21, 2013

If you can afford it, that's the whole point. Indulge yourself if you win. You have more than enough money for several lifetimes. My indulgence would be 2 weeks in Musha Cay (arriving by private jet) Remember folks, when you die your bank ballance means nothing. Enjoy it while you can and you're still young enough! We're only going 'round this merry-go-round once. Yes Nod

see why it is good to take annuity payments then if you die it will NOT Stop it will keep going to whomever you like to get the moneyYes Nod

helpmewin's avatarhelpmewin

Quote: Originally posted by LottoGuyBC on Mar 21, 2013

$320M+ Hurray!

$320,000,000.00 Dance

hotslot3

Quote: Originally posted by helpmewin on Mar 21, 2013

see why it is good to take annuity payments then if you die it will NOT Stop it will keep going to whomever you like to get the moneyYes Nod

Always take the cash option. Contact a tax attorney. Setup a blind trust (remain anonymous) if you die, you will have a will, the money can be given to whomever you wish.

helpmewin's avatarhelpmewin

Quote: Originally posted by hotslot3 on Mar 21, 2013

Always take the cash option. Contact a tax attorney. Setup a blind trust (remain anonymous) if you die, you will have a will, the money can be given to whomever you wish.

the ones that take the cash option and start blowing through their money will not need to worry about getting a attorney they will not have anything left to leave to anyone.Crying

hotslot3

Quote: Originally posted by helpmewin on Mar 21, 2013

the ones that take the cash option and start blowing through their money will not need to worry about getting a attorney they will not have anything left to leave to anyone.Crying

LOL

I find it odd and a little funny that some of you here seem to think that once you win a lottery jackpot of this size that you're supposed to place it in the bank, leave it there (don't touch!) and go about your life normally, as you are living now. Nobody suggested that you "blow through your money" that's for idiots like David Edwards. We are talking about things we would do if we won, which is the entire point of playing in the first place. To buy and do things you would never have been able to do before.  If however, you're like one of the above mentioned sad souls who can find a way to win millions and blow through every....last....dime, well, you've got bigger problems then taking the cash option vs the annuity.

helpmewin's avatarhelpmewin

Quote: Originally posted by hotslot3 on Mar 21, 2013

LOL

I find it odd and a little funny that some of you here seem to think that once you win a lottery jackpot of this size that you're supposed to place it in the bank, leave it there (don't touch!) and go about your life normally, as you are living now. Nobody suggested that you "blow through your money" that's for idiots like David Edwards. We are talking about things we would do if we won, which is the entire point of playing in the first place. To buy and do things you would never have been able to do before.  If however, you're like one of the above mentioned sad souls who can find a way to win millions and blow through every....last....dime, well, you've got bigger problems then taking the cash option vs the annuity.

who said i would keep money in the bank No No no sir it goes under my bed with all my other money there it is safe!

hotslot3

Quote: Originally posted by helpmewin on Mar 21, 2013

who said i would keep money in the bank No No no sir it goes under my bed with all my other money there it is safe!

And this is where I exit this exchange.

Crazy

helpmewin's avatarhelpmewin

Quote: Originally posted by hotslot3 on Mar 21, 2013

And this is where I exit this exchange.

Crazy

See Ya!

 

Good Luck Lep

ashabug725's avatarashabug725

Quote: Originally posted by hotslot3 on Mar 21, 2013

If you can afford it, that's the whole point. Indulge yourself if you win. You have more than enough money for several lifetimes. My indulgence would be 2 weeks in Musha Cay (arriving by private jet) Remember folks, when you die your bank ballance means nothing. Enjoy it while you can and you're still young enough! We're only going 'round this merry-go-round once. Yes Nod

You're correct in one aspect... My bank balance won't mean anything to me when I'm dead.... Except knowing that my children will inherit what I have.... Now, I'm not saying a couple years after I win I won't do any crazy spending, but I know myself, and I know if I live lavishly with my newfound riches that I will easily adapt to that lifestyle... And then that's where I could go broke.... No matter how much money you have, there's always somebody willing to take it all right from under your feet..... And that's my 2 cents :)

ashabug725's avatarashabug725

Quote: Originally posted by hotslot3 on Mar 21, 2013

I respecfully disagree. People, lottery winners, go completely broke because they are idiots. An example would be David Edwards who won the Powerball back in 2001. He could have lived like a king but went broke not because he bought nice things and vacations but because he kept buying and buying and buying and buying until every last penny was spent.  If you just won $100 million jackpot and you spend $150,000 on a vacation that's not even close to going broke...that's enjoying an amazing vacation and living it up. You have barely even touched the principal and you would still be earning thousands of dollars in interest daily, every...single....day. People go broke because they don't plan and don't use their brain or a calculator. Equating taking a lavish vacation after winning $100 million to "that's how people go broke" is a logical fallacy.

Just my thoughts.

2 weeks. Would be half a million... And while I would still have lots of money left over, its not something I would do as soon as I get my money... 2 each his own... I know how I am, my fiance is, and how we would be.... But.. that being said, in no way depicts how you would be!!

helpmewin's avatarhelpmewin

Quote: Originally posted by on May 20, 2024

$1.00 $2.00 and a dream Everything ain't what it seems LOL

ashabug725's avatarashabug725

Quote: Originally posted by helpmewin on Mar 21, 2013

$1.00 $2.00 and a dream Everything ain't what it seems LOL

Disney I'm goin to Disney World when I win!!!!!!!!!! There's my vacation getaway :)  (gotta will it to happen... So yes when I win) ha!

golfer1960's avatargolfer1960

Quote: Originally posted by BBLL on Mar 21, 2013

What would be everybody first top three things  to buy if you win the lottery?

Ok BBLL, 

#1

house in Rumson, NJ

#2

2013 ford taurus

 

#3

Bora Bora

 

Can you dig it? Sun Smiley

BBLL's avatarBBLL

Quote: Originally posted by golfer1960 on Mar 21, 2013

Ok BBLL, 

#1

house in Rumson, NJ

#2

2013 ford taurus

 

#3

Bora Bora

 

Can you dig it? Sun Smiley

I can dig that Big Smile

 

 

What would be a good price limit to buy a house?

ashabug725's avatarashabug725

Quote: Originally posted by golfer1960 on Mar 21, 2013

Ok BBLL, 

#1

house in Rumson, NJ

#2

2013 ford taurus

 

#3

Bora Bora

 

Can you dig it? Sun Smiley

Very cute house!!! What kind of car is that?

My first 4 things....
1)a brand new van or full size SUV....
2) a house for me and my family... 5br 3ba... On a good amount of land... Nothing too fancy or too large... I don't like to clean ;-)
3) a Gatlinburg getaway~ bringing my mom and mother in law
4) a dream wedding :)

ashabug725's avatarashabug725

Another thing I would like to do... Set up a charity or a fund going to the military... The government is cutting so much its ridiculous and unfair (life is) but that's definitely one thing I would do within the first couple years!

BBLL's avatarBBLL

Quote: Originally posted by ashabug725 on Mar 21, 2013

Another thing I would like to do... Set up a charity or a fund going to the military... The government is cutting so much its ridiculous and unfair (life is) but that's definitely one thing I would do within the first couple years!

Yeah the government is cutting the wrong things.

helpmewin's avatarhelpmewin

Quote: Originally posted by BBLL on Mar 21, 2013

Yeah the government is cutting the wrong things.

I Agree!

Jill34786's avatarJill34786

Quote: Originally posted by KY Floyd on Mar 21, 2013

A lot of people refer to the "Obamacare tax", but the correct name is the Net Investment Income Tax. Lottery winnings are not, and never have been, viewed by the IRS as investment income. The tax applies to the lesser of net investment income or adjusted gross income beyond a threshold.

Everything I've seen indicates that the name is accurate, and it's only investment income that will matter. If anyone has seen a legitimate source reporting that the tax will apply to lottery (or other gambling) winnings I'd be happy to look at it, but if lottery winnings are treated as investment income it may open the door for claiming some lottery winnings at the capital gains rate. I can promise that the IRS would rather tax a jackpot at 39.6% than 20% plus 3.8%.

That means that unless the IRS starts treating lottery winnings as investment income nobody is going to pay the tax on lottery winnings unless their lottery winnings plus everything else that contributes to their AGI is less than their investment income. That means that somebody with an AGI of more than $125 to 250k (depending on filing status) including a reported win of $1000 and investment income of more than $1000 will pay an extra $38. If they won $10k and had more than $10k from investment income they'd pay $380. If they won $100 million and had investment income of $100k they'd pay $3,800.

This 3.8% tax is not only applied to investment income but will also be factored in on both earned and unearned income. This tax is solely implemented to support the affordable health care law which is the main reason most refer to it as "Obamacare tax".

I have not seen publications for the 2014 Federal taxes yet but we will all be paying close attention to how the Government clarifies "unearned income". 

My browser doesn't allow me to cut and paste the different examples I found but there are many sites online that explain the 3.8% tax and it is not limited to just investments.

hotslot3

Quote: Originally posted by ashabug725 on Mar 21, 2013

2 weeks. Would be half a million... And while I would still have lots of money left over, its not something I would do as soon as I get my money... 2 each his own... I know how I am, my fiance is, and how we would be.... But.. that being said, in no way depicts how you would be!!

Correct, 2 weeks would be about half a million. Another vacation destination option would be bora bora, almost equally amazing and for a lot less.

Artist77's avatarArtist77

I think I would put half of that money in a charitable trust.

My 3 largest charities would be:

1.) Setting up safe havens in every state (more locations) so people will give up a baby vs not having it or injuring it.

2.) Work with charities to come up with a master plan to reduce the homeless pet adoption (no kill methods) and develop a nation wide system for moving homeless pets out of kill shelters to temporary homes when their time is up.

3.) Help for the elderly in staying in their own homes as long as possible and more good housing for low income elderly.

 

Of course, my apartment in Paris is still on the table.

http://www.green-acres.com/en/properties/15435a-orsay.htm

mightwin's avatarmightwin

I got 25 picks last draw and got a zero return.........gonna increase it to 50 picks for this sat.....and if it rolls gonna increase  to 75 picks for wed...........and I'm expecting a zero return on all. Lol

helpmewin's avatarhelpmewin

Quote: Originally posted by mightwin on Mar 21, 2013

I got 25 picks last draw and got a zero return.........gonna increase it to 50 picks for this sat.....and if it rolls gonna increase  to 75 picks for wed...........and I'm expecting a zero return on all. Lol

do you get the power play?

mightwin's avatarmightwin

Quote: Originally posted by helpmewin on Mar 21, 2013

do you get the power play?

Power play costs too much.......lol. I play for the jackpot only.

mcginnin56

Quote: Originally posted by mightwin on Mar 21, 2013

I got 25 picks last draw and got a zero return.........gonna increase it to 50 picks for this sat.....and if it rolls gonna increase  to 75 picks for wed...........and I'm expecting a zero return on all. Lol

So if it rolls 10 more times, your in for 275 picks.   What?   ($550)

Artist77's avatarArtist77

Quote: Originally posted by mightwin on Mar 21, 2013

Power play costs too much.......lol. I play for the jackpot only.

But the number of 2nd place winners goes up a lot, like last time, when the Jakpot is high. The extra dollar is worth it.

mightwin's avatarmightwin

Quote: Originally posted by mcginnin56 on Mar 21, 2013

So if it rolls 10 more times, your in for 275 picks.   What?   ($550)

Good thing that will never happen lol! No for powerball my limit would be 75 picks but it would have to be at or near a record jackpot amount so if it rolls to wed then I would be okay with it.

mightwin's avatarmightwin

Quote: Originally posted by Artist77 on Mar 21, 2013

But the number of 2nd place winners goes up a lot, like last time, when the Jakpot is high. The extra dollar is worth it.

Yeah but I tried adding the extra $1 for mega and powerball awhile ago for probably close to a month and I never won anything off it. So I figure throwin some $ down for more picks makes better sense

mcginnin56

Quote: Originally posted by Artist77 on Mar 21, 2013

But the number of 2nd place winners goes up a lot, like last time, when the Jakpot is high. The extra dollar is worth it.

That's because a huge surge of extra people are playing, not to mention most regular lottery players are doubling and even tripling their

regular bets because of the swelling jackpot.

 

The odds of getting a second place prize are virtually about the same as when the jackpot is only at $40 million.

Although most who toss in the extra dollar, will do so no matter what the size of the jackpot.

helpmewin's avatarhelpmewin

Quote: Originally posted by mightwin on Mar 21, 2013

Yeah but I tried adding the extra $1 for mega and powerball awhile ago for probably close to a month and I never won anything off it. So I figure throwin some $ down for more picks makes better sense

change stores Dance

mcginnin56

Quote: Originally posted by helpmewin on Mar 21, 2013

change stores Dance

Change states. Dance

helpmewin's avatarhelpmewin

Quote: Originally posted by mcginnin56 on Mar 21, 2013

That's because a huge surge of extra people are playing, not to mention most regular lottery players are doubling and even tripling their

regular bets because of the swelling jackpot.

 

The odds of getting a second place prize are virtually about the same as when the jackpot is only at $40 million.

Although most who toss in the extra dollar, will do so no matter what the size of the jackpot.

yeah it's not about the size

mcginnin56

Quote: Originally posted by helpmewin on Mar 21, 2013

yeah it's not about the size

 True Americans don't care about size.  Patriot

Artist77's avatarArtist77

Quote: Originally posted by helpmewin on Mar 21, 2013

yeah it's not about the size

lol  I would never forgive myself if I got a 2nd place win and did not have PP.

helpmewin's avatarhelpmewin

Quote: Originally posted by mcginnin56 on Mar 21, 2013

 True Americans don't care about size.  Patriot

I Agree! Lottery players don't care about SIZE!

one jackspot is just as good as the next jackspotDance

bigboy90000

Grabbed 94 tickets for this draw.

BuyLow's avatarBuyLow

Nice lake front home in a gated community.

 

Audi S8

Audi R8

helpmewin's avatarhelpmewin

Quote: Originally posted by Artist77 on Mar 21, 2013

lol  I would never forgive myself if I got a 2nd place win and did not have PP.

Thumbs UpI Agree!

mcginnin56

Quote: Originally posted by helpmewin on Mar 21, 2013

I Agree! Lottery players don't care about SIZE!

one jackspot is just as good as the next jackspotDance

I'm terrified by your incredible wisdom.  Shocked

helpmewin's avatarhelpmewin

Quote: Originally posted by mcginnin56 on Mar 21, 2013

I'm terrified by your incredible wisdom.  Shocked

well don't worry be HatHappy

mightwin's avatarmightwin

Quote: Originally posted by mcginnin56 on Mar 21, 2013

Change states. Dance

I could play in ohio too but I don't want the hassle off claiming a win (jackpot) in one state and living in another. Heck, Toledo would prob try and claim some off the winnings because I bought it there too.

Artist77's avatarArtist77

Quote: Originally posted by mightwin on Mar 21, 2013

I could play in ohio too but I don't want the hassle off claiming a win (jackpot) in one state and living in another. Heck, Toledo would prob try and claim some off the winnings because I bought it there too.

I live in VA but buy usually buy my tickets in DC (even though they take more taxes).  DC allows you to claim via a trust. VA does not.

mightwin's avatarmightwin

Quote: Originally posted by Artist77 on Mar 21, 2013

I live in VA but buy usually buy my tickets in DC (even though they take more taxes).  DC allows you to claim via a trust. VA does not.

Ohio does too but id rather give my $ to michigan since I live there lol

johnjohnson's avatarjohnjohnson

Im new to LP, nice to meet you all!!

Funny thing is, I have gottent to know you all indirectly by reading your posts all the time.

Im hoping to win the PB next drawing!!

helpmewin's avatarhelpmewin

Quote: Originally posted by johnjohnson on Mar 21, 2013

Im new to LP, nice to meet you all!!

Funny thing is, I have gottent to know you all indirectly by reading your posts all the time.

Im hoping to win the PB next drawing!!

well just in case hello friend See Ya!

Artist77's avatarArtist77

Quote: Originally posted by johnjohnson on Mar 21, 2013

Im new to LP, nice to meet you all!!

Funny thing is, I have gottent to know you all indirectly by reading your posts all the time.

Im hoping to win the PB next drawing!!

Welcome to LP!

ashabug725's avatarashabug725

Quote: Originally posted by mcginnin56 on Mar 21, 2013

 True Americans don't care about size.  Patriot

Everything is bigger in texas

Ronnie316

Quote: Originally posted by ashabug725 on Mar 21, 2013

Everything is bigger in texas

Bigger is BETTER.

Ronnie316

Quote: Originally posted by johnjohnson on Mar 21, 2013

Im new to LP, nice to meet you all!!

Funny thing is, I have gottent to know you all indirectly by reading your posts all the time.

Im hoping to win the PB next drawing!!

I hope you win it all. Show us how its done!

Ronnie316

Quote: Originally posted by johnjohnson on Mar 21, 2013

Im new to LP, nice to meet you all!!

Funny thing is, I have gottent to know you all indirectly by reading your posts all the time.

Im hoping to win the PB next drawing!!

Dance

helpmewin's avatarhelpmewin

Quote: Originally posted by Ronnie316 on Mar 21, 2013

Bigger is BETTER.

not according to monkey boy LOL

Ronnie316

Quote: Originally posted by helpmewin on Mar 21, 2013

well just in case hello friend See Ya!

                                                              See Ya!

Ronnie316

Quote: Originally posted by helpmewin on Mar 21, 2013

not according to monkey boy LOL

Green laugh

helpmewin's avatarhelpmewin

Quote: Originally posted by Ronnie316 on Mar 21, 2013

                                                              See Ya!

See Ya!

mcginnin56

Quote: Originally posted by ashabug725 on Mar 21, 2013

Everything is bigger in texas

Tell me about it!

My sister moved down there last year, and she gained about 75 pounds.  Eek

Ronnie316

Quote: Originally posted by ashabug725 on Mar 21, 2013

Everything is bigger in texas

I Agree! Im movin to TX when it becomes a country.Patriot

ashabug725's avatarashabug725

Quote: Originally posted by Ronnie316 on Mar 21, 2013

I Agree! Im movin to TX when it becomes a country.Patriot

I've never been but have a friend that lives there.. she lovesit!!!

helpmewin's avatarhelpmewin

Quote: Originally posted by Ronnie316 on Mar 21, 2013

I Agree! Im movin to TX when it becomes a country.Patriot

 Welcome YALL! Hurray!

Ronnie316

Quote: Originally posted by helpmewin on Mar 21, 2013

 Welcome YALL! Hurray!

Are the Hosiers movin to TX too?

helpmewin's avatarhelpmewin

Quote: Originally posted by Ronnie316 on Mar 21, 2013

Are the Hosiers movin to TX too?

i just moved from there i like it, parts of it anywaysSmiley i go back every month

helpmewin's avatarhelpmewin

Quote: Originally posted by Ronnie316 on Mar 21, 2013

Are the Hosiers movin to TX too?

i think hosiers has 2 o'sGreen laugh

ashabug725's avatarashabug725

Quote: Originally posted by helpmewin on Mar 21, 2013

i think hosiers has 2 o'sGreen laugh

I thought he was talking bout panty hose sales people ;-) haha... Yep Hoosiers!!!

weshar75's avatarweshar75

Well I am hoping that oregon gets its second big jackpot in its history this saturday night.  I have five lines of my own selected numbers because I decided to change from QP's so good luck to me!-weshar75

US Flag

Ronnie316

Quote: Originally posted by helpmewin on Mar 21, 2013

i think hosiers has 2 o'sGreen laugh

Does one o make it Hose'ers? Green laugh

Ronnie316

Quote: Originally posted by weshar75 on Mar 21, 2013

Well I am hoping that oregon gets its second big jackpot in its history this saturday night.  I have five lines of my own selected numbers because I decided to change from QP's so good luck to me!-weshar75

US Flag

Good luck. Sounds like a smart move.

helpmewin's avatarhelpmewin

Quote: Originally posted by weshar75 on Mar 21, 2013

Well I am hoping that oregon gets its second big jackpot in its history this saturday night.  I have five lines of my own selected numbers because I decided to change from QP's so good luck to me!-weshar75

US Flag

helpmewin's avatarhelpmewin

Quote: Originally posted by Ronnie316 on Mar 21, 2013

Does one o make it Hose'ers? Green laugh

"hoozer"

Ronnie316

Quote: Originally posted by helpmewin on Mar 21, 2013

"hoozer"

hoozer daddy?

Ronnie316

IMA B D PB JP Winner!

hotslot3

Quote: Originally posted by johnjohnson on Mar 21, 2013

Im new to LP, nice to meet you all!!

Funny thing is, I have gottent to know you all indirectly by reading your posts all the time.

Im hoping to win the PB next drawing!!

Welcome JJ!  Glad to have you aboard! Best of luck to you!

Cheers

helpmewin's avatarhelpmewin

Quote: Originally posted by Ronnie316 on Mar 21, 2013

IMA B D PB JP Winner!

your on a roll Dance

Ronnie316

Quote: Originally posted by johnjohnson on Mar 21, 2013

Im new to LP, nice to meet you all!!

Funny thing is, I have gottent to know you all indirectly by reading your posts all the time.

Im hoping to win the PB next drawing!!

Welcome.

helpmewin's avatarhelpmewin

Quote: Originally posted by Ronnie316 on Mar 21, 2013

Welcome.

  Sat Mar 23rd  $320,000,000 est. jackpot

Ronnie316

Quote: Originally posted by Ronnie316 on Mar 21, 2013

Welcome.

IMA 2 sleepy Sleep  2 continue.

Ronnie316

Quote: Originally posted by helpmewin on Mar 21, 2013

  Sat Mar 23rd  $320,000,000 est. jackpot

xaab

Quote: Originally posted by golfer1960 on Mar 21, 2013

How romantic!

Romantic vacation, St. Lucia

Where is this anyway?

Ronnie316

Quote: Originally posted by Ronnie316 on Mar 21, 2013

IMA 2 sleepy Sleep  2 continue.

Bed

helpmewin's avatarhelpmewin

Quote: Originally posted by Ronnie316 on Mar 21, 2013

IMA 2 sleepy Sleep  2 continue.

Good nite  See Ya!

Ronnie316

Quote: Originally posted by xaab on Mar 21, 2013

Where is this anyway?

Colors are not real, its photo shop.

Ronnie316

Quote: Originally posted by helpmewin on Mar 21, 2013

Good nite  See Ya!

Have a good night yall.

Ronnie316

xaab

Quote: Originally posted by Ronnie316 on Mar 21, 2013

it hasnt bump up yet.

rcbbuckeye's avatarrcbbuckeye

Quote: Originally posted by mcginnin56 on Mar 21, 2013

Tell me about it!

My sister moved down there last year, and she gained about 75 pounds.  Eek

Gotta be the Texas barbeque.

By the way, there are now more yankees in Texas than native Texans.

As the old saying goes, "I wasn't born in Texas, but I got here as fast as I could."

Artist77's avatarArtist77

Quote: Originally posted by Ronnie316 on Mar 21, 2013

Colors are not real, its photo shop.

Maybe a little bit for the blue water but not that much I think.

ashabug725's avatarashabug725

Quote: Originally posted by xaab on Mar 21, 2013

it hasnt bump up yet.

Too soon to bump up.. if it does it'll be sometime tomorrow evening or Saturday afternoon... But I don't think it will before this draw Saturday

Artist77's avatarArtist77

You all think it will bump up again before Saturday?  I think it may not, but hopefully I am wrong.

mightwin's avatarmightwin

Quote: Originally posted by Artist77 on Mar 21, 2013

You all think it will bump up again before Saturday?  I think it may not, but hopefully I am wrong.

I don't think it will but come draw time it will probably be more

HaveABall's avatarHaveABall

Quote: Originally posted by noise-gate on Mar 21, 2013

Someone other than Californians will win this PB jackpot go round. I hope its someone who frequents this forum and who we know..more or less.
That is my wish to you guys & gals. Now go out there and Win. !!Party

Oh.  All right, noise-gate, I'll allow my ticket to win the Powerball jackpot this weekend then.  Cheers. Lep

rdgrnr's avatarrdgrnr

Quote: Originally posted by mightwin on Mar 21, 2013

I got 25 picks last draw and got a zero return.........gonna increase it to 50 picks for this sat.....and if it rolls gonna increase  to 75 picks for wed...........and I'm expecting a zero return on all. Lol

"I'm expecting a zero return on all."

And the odds are that your expectations will be met.

Good luck regardless!

rdgrnr's avatarrdgrnr

Quote: Originally posted by Artist77 on Mar 21, 2013

But the number of 2nd place winners goes up a lot, like last time, when the Jakpot is high. The extra dollar is worth it.

I Agree! 

I all the time be doin' like that.

mightwin's avatarmightwin

Quote: Originally posted by rdgrnr on Mar 21, 2013

"I'm expecting a zero return on all."

And the odds are that your expectations will be met.

Good luck regardless!

Thanks, lol. When your expecting to lose you have nothin to be mad about when it happens!

HaveABall's avatarHaveABall

Quote: Originally posted by joshuacloak on Mar 21, 2013

notice how top 4 record jackpots  have more then 1 winner

 

out of top top 10"number 9th without a winner atm"  6 of them have  2 or more winners

 

if this baby rolls, going by mega chart shows it going to 500m range

1 rollover away form a other godly monster.  now we 320m i think we start seeing media reports slowly come in

 

it it rolls,  they will ofc market it 400m whatever,  we know once they market it anything 400m . it  sends lotto fever into everyone and they go right to 500/600 range

we have at lest 3rd largest jackpot in history if it rolls past this one

i think with only 2,  5-0 winners this last draw, its just matter of luck of numbers fallin 

as we sure won't past 50% of all number combo's sold, 

 


Wednesday, November 28, 2012
05 · 16 · 22 · 23 · 29    + 06 $587.5 Million
Saturday, November 24, 2012 22 · 32 · 37 · 44 · 50    + 34 $325 Million

 

and 2 person who said 99m atfer all taxes, wrong ,  try 119m atfer full 39.6 full rate, 

also   don't u dare put obamacare tax in here,  that don't apply here,  bro, that's for freaking   tax on investment income.

why the tax is bad, applying it 2 something as a lottery win is madness in accounting error.

 govt can have there 70m + in taxes, if your getting 119m

u ,your kids, your future grind kids,and the great grind kids can live  off of this thing

100m invested into near anything decent and safe will see a nice return

u can even  spend 19m   buy everyone u love a nice little home/car.whatever

invest the rest at like 4% or anything return rates, and i don't know how the hell u can blow that. wait i do................

just ask Andrew “Jack” Whittaker . that man found out how to waste 315 million jackpot 

here the sad part, he was rich before the win, mwhahahaha

how in hell he did it is sure amazing to read. look him up in lottery post search, 

 

 

Interestingly, joshuacloak, a few of the top jackpots listed [in this entire ranking] as SINGLE state selling the winning ticket, were actually a ticket held by lottery pools 7-30ish players in size. 

[Not that I currently advocate joining lottery pools.  Instead, I recommend not even promising to share, OR forming/joining immediate family members' lottery pools.  Though I think it fine to, after winning, invite up to four 18+ year-old family members/friends to claim the jackpot (in a lesser % than myself) on the official lottery headquarter's claim form.]

Shocked

rdgrnr's avatarrdgrnr

Quote: Originally posted by BuyLow on Mar 21, 2013

Nice lake front home in a gated community.

 

Audi S8

Audi R8

That's a pretty small lake.

Canoes only, probably.

rdgrnr's avatarrdgrnr

Quote: Originally posted by Artist77 on Mar 21, 2013

lol  I would never forgive myself if I got a 2nd place win and did not have PP.

Roger that.

rdgrnr's avatarrdgrnr

Quote: Originally posted by johnjohnson on Mar 21, 2013

Im new to LP, nice to meet you all!!

Funny thing is, I have gottent to know you all indirectly by reading your posts all the time.

Im hoping to win the PB next drawing!!

Welcome to Lottery Post, JohnJohnson. I once knew a Carl Carlson.

Best of luck to ya!Thumbs Up

rdgrnr's avatarrdgrnr

Quote: Originally posted by Ronnie316 on Mar 21, 2013

I Agree! Im movin to TX when it becomes a country.Patriot

You and about 170 million others.

Includin' me.

rdgrnr's avatarrdgrnr

Quote: Originally posted by rcbbuckeye on Mar 21, 2013

Gotta be the Texas barbeque.

By the way, there are now more yankees in Texas than native Texans.

As the old saying goes, "I wasn't born in Texas, but I got here as fast as I could."

I'd move there just fer the brisket.

Can't get it like that nowhere else.

In fact you can't hardly even get it no kinda way around here.

dr65's avatardr65

Quote: Originally posted by rdgrnr on Mar 21, 2013

Welcome to Lottery Post, JohnJohnson. I once knew a Carl Carlson.

Best of luck to ya!Thumbs Up

lol...Sam Sampson rings a bell for me....hard to forget names like that.

Good luck rdgrnr - I'll be playing this time!!

mightwin's avatarmightwin

So last time it was at $325 goin in to Saturday then it rolled and it went crazy for wed...........could be a repeat if it rolls. Actually hope it does.

rdgrnr's avatarrdgrnr

Quote: Originally posted by dr65 on Mar 21, 2013

lol...Sam Sampson rings a bell for me....hard to forget names like that.

Good luck rdgrnr - I'll be playing this time!!

Alright, all we need now is a Jack Jackson...

Glad to hear you're in this time, dr! Best of luck to ya!

HaveABall's avatarHaveABall

Poor plan, helpmewin. Because, upon death, that jackpot winner's estate would be charged HUGE Federal or State Estate Taxes on all remainder gross monies [also, the remaining lottery annuity monies must be converted into "Lump Sum" then placed into the heir(s) checking account(s), that simply adds to the tax attorney and estate attorney's fees]!

See, lots of reasons why it's been years since any PB or MM jackpot winner has collected as "annuity," only lump-sum makes sense for a myriad of reasons.  There is no escape from a prudent jackpot winner from feeling the urge to make and follow annual budgets for life.

US Flag White Bounce  Type

megan81's avatarmegan81

Quote: Originally posted by Artist77 on Mar 21, 2013

I think I would put half of that money in a charitable trust.

My 3 largest charities would be:

1.) Setting up safe havens in every state (more locations) so people will give up a baby vs not having it or injuring it.

2.) Work with charities to come up with a master plan to reduce the homeless pet adoption (no kill methods) and develop a nation wide system for moving homeless pets out of kill shelters to temporary homes when their time is up.

3.) Help for the elderly in staying in their own homes as long as possible and more good housing for low income elderly.

 

Of course, my apartment in Paris is still on the table.

http://www.green-acres.com/en/properties/15435a-orsay.htm

Giving my dog up after I moved in to a place that didn't allow pets was one of the hardest things I ever had to do (eight years later and I still tear up). Luckily, I found Greener Pastures No Kill Animal Rescue. They will get a nice junk of money when I win Powerball!!! 

So far, a lot of LP members are talking about what they would do for themselves if they won the jackpot. That type of money comes with a social responsibility that extends beyond one's self and close friends, family, etc.

When I win:

1) Donate, donate, donate!!!

2) Open a nonprofit for low-income single parents that are students in higher education (providing free child care--evening and weekend; housing; transportation; etc.), so they can be self-sufficient, productive members of their communities.

3) Buy a car with headlights (may seem self interested, but I will save lives by not blinding people with my highbeams--the only working lighting system in my car).

 

I grew up living the lavish lifestyle (driving benzs, living in Europe, designer clothes). Then, I had a reality check when I grew up, had children, and decided to teach my daughters to be independent (i.e. by not to continuing to mooch off of my parents). Being poor is the best thing that ever happened to me :)

megan81's avatarmegan81

Quote: Originally posted by johnjohnson on Mar 21, 2013

Im new to LP, nice to meet you all!!

Funny thing is, I have gottent to know you all indirectly by reading your posts all the time.

Im hoping to win the PB next drawing!!

Welcome and good luck!

alexnt55

This current run is moving up faster then the big mega million jackpot and the big poweball jackpots that were previously hit. This run has had 12 rollovers now while the big mega million one was a result of 18 rollovers. The big powerball one was the result of 15 rollovers. just one more rollover here and i think you will see the jackpot higher then the poweball all time record. 2 rollovers and the mega million record will be beaten. Can you imagine if California had been able to play the last month abd noone had hit how high the jackpot would be sitting at right now. I think right now the jackpot is sitting at about the same amount it was after 14 rollovers with the previous powerball record one and this is with 12 rollovers so its growing bigger at a much faster pace. Plus with current mega million jackpot be small this should just add to the growth of this.

helpmewin's avatarhelpmewin
Annuity Cash

Powerball Jackpot for Sat, Mar 23, 2013 

$320,000,000

$198,300,000

Gross Prize 30 average annual payments of $10,666,667
Lump-sum cash: $198,300,000
- 25% Federal Tax - $2,666,667
- $49,575,000
Subtotal
$8,000,000

$148,725,000
- State Tax:

 http://www.usamega.com/powerball-jackpot.asp

noise-gate

Quote: Originally posted by whiteballz on Mar 21, 2013

A Californian might win this jackpot. No one is stopping Californians from driving to Oregon or Arizona to get Powerball tickets.

There are those who are crazy enought to drive to either State with the hope of winning, but l will not be one of them. With the odds at 1-176 mil, its insanity, unless one lived on " Jefferson Rd" in California real close to the Oregon border and fancied taking the drive across the border to purchase some tickets.ime

l will wait for PB to arrive in April, no worries.

Big Smile

Gleno's avatarGleno

Which states allow winners to remain anonymous to the public?

noise-gate

Quote: Originally posted by Gleno on Mar 21, 2013

Which states allow winners to remain anonymous to the public?

From the  Powerball FAQ page:

All but five states (DE, KS, MD, ND, OH) have laws that require the lottery to release the name and city of residence to anyone who asks. Other states may offer to assist you in some way, including such things as the creation of trusts... Photos and press conferences are up to you for most, but not all states. Check with your  state lottery to see if photos or more are required... Even if you can keep your identity secret from the press and the public, you will have to be known to the lottery - so they can confirm that you are eligible to play and win..

Gleno's avatarGleno

Only started buying PB or MM with the Cash lump-sum option. Your advice about the cash option makes better sense than the annuity.

Thanks for the tip.

Gleno's avatarGleno

Thanks for the info, Noise Gate and HaveABall!

alexnt55

Quote: Originally posted by noise-gate on Mar 21, 2013

From the  Powerball FAQ page:

All but five states (DE, KS, MD, ND, OH) have laws that require the lottery to release the name and city of residence to anyone who asks. Other states may offer to assist you in some way, including such things as the creation of trusts... Photos and press conferences are up to you for most, but not all states. Check with your  state lottery to see if photos or more are required... Even if you can keep your identity secret from the press and the public, you will have to be known to the lottery - so they can confirm that you are eligible to play and win..

Not sure but Michigan was listed on a page that said 6 states. The 5 you mentioned and it also says Michigan to. Could be wrong info though

johnjohnson's avatarjohnjohnson

Thanks everyone for your welcomes!!

Well if i do ill be sure to post back here. I won $100 last drawing on a QP i found at the top of this trash pile for the MM. I just replayed the #'s for PB and was so surprised only missed 2 numbers. OH Well. Im feeling Good and I wish everyone here the same luck!! Smile

Gleno's avatarGleno

Help Me Win,

Great analysis on the annuity vs Cash out payments.

alexnt55

That 25 % federal tax is what will be withheld from your winning check. You will end up owing more then 25% though if you get up in the millions

alexnt55

Although it is rare in 2011 a trust i thin it was took there 35 mill in a annuity. And in 2010 a guy named Steve Mays  of Michigan took 140 mill as an annuity

markp1950

Even in high tax WisconSIN "tax rates .org" says I get $113,455,160.89  after tax.

An I WON"T  whine about it.

Oh how can I live on $113,455,160.89? Poor old me! Oh Lord! Relieve me from this suffering!

golfer1960's avatargolfer1960

Quote: Originally posted by ashabug725 on Mar 21, 2013

Very cute house!!! What kind of car is that?

My first 4 things....
1)a brand new van or full size SUV....
2) a house for me and my family... 5br 3ba... On a good amount of land... Nothing too fancy or too large... I don't like to clean ;-)
3) a Gatlinburg getaway~ bringing my mom and mother in law
4) a dream wedding :)

Hi Ash, that car is a 2013 Ford Taurus. Do you like it?

A dream wedding sounds wonderful too!

Dream wedding

golfer1960's avatargolfer1960

Quote: Originally posted by BuyLow on Mar 21, 2013

Nice lake front home in a gated community.

 

Audi S8

Audi R8

Wow Buylow!!! You've got terrific taste. I like the cars but I love the house!! Especially if it's in Sunny Florida! Good luck to ya!

golfer1960's avatargolfer1960

Quote: Originally posted by johnjohnson on Mar 21, 2013

Im new to LP, nice to meet you all!!

Funny thing is, I have gottent to know you all indirectly by reading your posts all the time.

Im hoping to win the PB next drawing!!

Welcome to LP John! Good luck winning the PB Jackpot! Yes Nod

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