Welcome Guest
Log In | Register )
You last visited December 9, 2016, 3:02 am
All times shown are
Eastern Time (GMT-5:00)

Longest jackpot run ever for Florida Lotto

Topic closed. 50 replies. Last post 3 years ago by jamella724.

Page 2 of 4
53
PrintE-mailLink
miracleplay5's avatar - web
Orange County, Florida
United States
Member #117114
September 27, 2011
995 Posts
Offline
Posted: August 11, 2013, 12:20 am - IP Logged

The jackpot is now 51 millions. How much would the winner get if he chooses the lump sum before taxes?

$52,000,000.00 Cash Option $29,244,436.00 1

 

That was what the person got back in April 2010 when the jackpot was $52million it was one winner and they took the cash.

Pay less, win more & world peaceSee Ya!

"No one cares how much you know until they know how much you care"-Theodore Rooosevelt

    fortran's avatar - binary
    Winter Park FL
    United States
    Member #63719
    August 5, 2008
    550 Posts
    Offline
    Posted: August 11, 2013, 12:21 am - IP Logged

    The jackpot is now 51 millions. How much would the winner get if he chooses the lump sum before taxes?

    Hi redhot7,

    Just came over from the Florida Cash3 forum.

    General rule of thumb Lump sum after taxes is JP/3 = 51/3 = 17 mil

    4tran

    GL to ALL and may the algorithm be with you.

    Lottery Rule #1: If you like your numbers, you can keep your numbers.

      noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
      Bay Area - California
      United States
      Member #136477
      December 12, 2012
      4108 Posts
      Offline
      Posted: August 11, 2013, 12:22 am - IP Logged

      Its ironic that this jackpot has not been won by Floridians in awhile- yet they bagging the Big One and claiming 2nd prizes from PB & MM..
      The plot thickens.

      * No winner for a State Lottery in over a year?  That's got to be a damper. How many folk would invoke the " Fox & the Grapes" story for that lottery game? Anyone's guess!

        Avatar

        Japan
        Member #131605
        August 14, 2012
        372 Posts
        Offline
        Posted: August 11, 2013, 4:08 am - IP Logged

        $25,500,000 is the cash option for the FL Lotto minus taxes, which in FL I believe the full tax (federal only) is 39.6%

          schmuckatelly's avatar - half planet.jpg
          Jacksonville, Florida
          United States
          Member #140364
          March 17, 2013
          195 Posts
          Offline
          Posted: August 11, 2013, 6:46 am - IP Logged

          $25,500,000 is the cash option for the FL Lotto minus taxes, which in FL I believe the full tax (federal only) is 39.6%

          That is correct, there is no state taxes.

           

          On another note. wierd how from last Wednesday draw it was bumped up 3 million, but now they only bumping it 1 million.

            schmuckatelly's avatar - half planet.jpg
            Jacksonville, Florida
            United States
            Member #140364
            March 17, 2013
            195 Posts
            Offline
            Posted: August 11, 2013, 7:01 am - IP Logged

            It's been $50 million since yesterday I think. No winner since April, geesh that's a long time well I say keep rolling rolling rolling.ROFLHow can it be the longest jackpot run but not the highest jackpot?Is it because they increased the odds when they brought in the xtra play?The largest florida jack pot was $52 million back on April 17, 2010 one single ticket won that jackpot..I'm thinking tonight there will be at least 5 Jackpot winnersHyper

            Actually the highest JP was in 1990 when it was $106.5 million, and 6 people won that one! I cant post a link, but its on Florida lottery timeline.

              Gleno's avatar - Lottery-001.jpg
              New Jersey
              United States
              Member #80354
              September 25, 2009
              705 Posts
              Offline
              Posted: August 11, 2013, 11:06 am - IP Logged

              Todd,

              Has lottery post tracked big jackpots that were quick picks vs selected numbers?

              Suspect that more winners used the quick pick method.

              GlenoUS Flag

                Todd's avatar - Cylon 2.gif
                Chief Bottle Washer
                New Jersey
                United States
                Member #1
                May 31, 2000
                23273 Posts
                Offline
                Posted: August 11, 2013, 11:13 am - IP Logged

                Todd,

                Has lottery post tracked big jackpots that were quick picks vs selected numbers?

                Suspect that more winners used the quick pick method.

                GlenoUS Flag

                No, Lottery Post does not track this because it would be a full-time job tracking that info down for every winner.

                A common industry number is that around 70% of winners used a quick pick, which corresponds to the approximately 70% of tickets that are sold as quick picks.

                 

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

                 

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

                  Todd's avatar - Cylon 2.gif
                  Chief Bottle Washer
                  New Jersey
                  United States
                  Member #1
                  May 31, 2000
                  23273 Posts
                  Offline
                  Posted: August 11, 2013, 11:14 am - IP Logged

                  $52,000,000.00 Cash Option $29,244,436.00 1

                   

                  That was what the person got back in April 2010 when the jackpot was $52million it was one winner and they took the cash.

                  The jackpot is listed as $51 million by the Florida Lottery, not $52 million.  Perhaps it will rise to $52 million (or more) by draw time, but that's the way it is right now.

                   

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

                   

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

                    Pita Maha's avatar - 940d8157 d1fb-4f70-a715-6ad04d915489.jpg
                    SW Florida
                    United States
                    Member #145673
                    August 11, 2013
                    152 Posts
                    Offline
                    Posted: August 11, 2013, 12:46 pm - IP Logged

                    New to Florida and new to this forum ... hi everyone! See Ya!

                    Florida Lotto is my favorite and I play every draw, usually buying 3 to 5 QPs.  Pretty exciting that the jackpot is so big!

                    Congrats Win for your win. That must have been absolutely thrilling!

                      mypiemaster's avatar - 2015021003pileofcash
                      JACKPOT HUNTER

                      United States
                      Member #141034
                      April 2, 2013
                      1408 Posts
                      Offline
                      Posted: August 11, 2013, 12:51 pm - IP Logged

                      New to Florida and new to this forum ... hi everyone! See Ya!

                      Florida Lotto is my favorite and I play every draw, usually buying 3 to 5 QPs.  Pretty exciting that the jackpot is so big!

                      Congrats Win for your win. That must have been absolutely thrilling!

                      Welcome aboard. Hurray!

                        Pita Maha's avatar - 940d8157 d1fb-4f70-a715-6ad04d915489.jpg
                        SW Florida
                        United States
                        Member #145673
                        August 11, 2013
                        152 Posts
                        Offline
                        Posted: August 11, 2013, 1:21 pm - IP Logged

                        Thanks mypiemaster! Looking forward to hanging about here.


                          United States
                          Member #116268
                          September 7, 2011
                          20244 Posts
                          Offline
                          Posted: August 11, 2013, 1:32 pm - IP Logged

                          I think FL will win another JP soon because of so many determined players.

                            schmuckatelly's avatar - half planet.jpg
                            Jacksonville, Florida
                            United States
                            Member #140364
                            March 17, 2013
                            195 Posts
                            Offline
                            Posted: August 11, 2013, 2:29 pm - IP Logged

                            The jackpot is listed as $51 million by the Florida Lottery, not $52 million.  Perhaps it will rise to $52 million (or more) by draw time, but that's the way it is right now.

                            They have it all jacked up I think. The computer screen said 50 million lastnight, when I bout PB ticket last night, the bottom of the ticket said 49 million

                             

                            I suspect by wed it will be 52 or 53 million

                              noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
                              Bay Area - California
                              United States
                              Member #136477
                              December 12, 2012
                              4108 Posts
                              Offline
                              Posted: August 11, 2013, 4:47 pm - IP Logged

                              I think FL will win another JP soon because of so many determined players.

                              Whoa Sir Ronnie- are you suggesting that players from States other than Florida are not "determined"  to win? I thought it had everything to do with having the correct numbers, determination has squat to do with winning the lottery unless its proven otherwise.
                              Tell you what ol Chap- l am determined to not climb Mt Everest- ever.How's that for determination?