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$284 MILLION: Powerball lottery jackpot rolls again

Topic closed. 87 replies. Last post 3 years ago by helpmewin.

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NEW YORK
United States
Member #90535
April 29, 2010
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Posted: February 9, 2014, 3:53 pm - IP Logged

There are more PhD holders in this forum than you can imagine.  I mean folk like Ridge, Coin Toss, JonD & others have had those sheepskins for years. That one dude from Kentucky says he has one, l would not know.l am trying to get through my Master's myself , so l feel your pain.We hope you are able to achieve yours real soon.
Just keep hoping & playing.

Does Todd have a PHD in Mathematics?

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    NEW YORK
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    Posted: February 9, 2014, 3:57 pm - IP Logged

    $284 Million Woo Hoo Banana

    I can't be excited until I win the $284 Million Powerball lottery jackpot.

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    PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

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      NEW YORK
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      Posted: February 9, 2014, 4:00 pm - IP Logged

      Don't discount your accomplishment. That's a huge deal. BIG CONGRATS!! 

      Some would say that winning the lottery is a lot easier to come by than a doctorate. One takes luck, the other takes brains, determination and ambition. And if that doesn't do it for you, think how long Gloria had to wait before she won that haul. It paid off in the end.

      I am going to buy 1 Powerball lottery ticket on my 120th Birthday.

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      PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

        weshar75's avatar - Lottery-042.jpg
        Mcminnville, Oregon
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        December 13, 2003
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        Posted: February 9, 2014, 5:38 pm - IP Logged

        I got my multi draw $6 ticket for wednesday in play and I will take the $2 million instead of the $8 I won last night.  Just saying.-weshar75

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          United States
          Member #131122
          August 2, 2012
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          Posted: February 9, 2014, 6:15 pm - IP Logged

          I think 162.7 million( take home of approx 98.2 after the federal redistribution program) will do just nicely Thumbs Up

          Annuity
          $284,000,000

          Cash
          $162,700,000

          Lump-sum cash: $162,700,000

          - 25% Federal Tax = - $40,675,000 = $122,025,000

          The states like PA that don't take state tax on lottery wins are the best. But even the once that take the most state tax on lottery wins still walk away with well over 100 mill after cash option, federal, and state taxes.

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            August 2, 2012
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            Posted: February 9, 2014, 6:18 pm - IP Logged

            I just need 5 numbers to get out of debt and finish paying for my PhD. Why does it come so easy for some people, geesh!

            I am with you some people are so selfish. lol (I wish I could get 5 #1's and 1 mill.) Make me so happy. That's all I need.

            1 Mill is not what it use to be, but it's enough to last a life time unless you are stupid with the $. lol

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              Place noon can live
              United States
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              May 18, 2013
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              Posted: February 9, 2014, 6:24 pm - IP Logged

              My Name say it all.

                mypiemaster's avatar - 2015021003pileofcash
                JACKPOT HUNTER

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                Member #141034
                April 2, 2013
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                Posted: February 9, 2014, 7:09 pm - IP Logged

                BedGot my multi-draw personal and pool tickets already.Bed

                Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

                Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****

                  CDanaT's avatar - tiger avatar_04_hd_pictures_169016.jpg
                  TX
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                  January 4, 2012
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                  Posted: February 9, 2014, 7:42 pm - IP Logged

                  Annuity
                  $284,000,000

                  Cash
                  $162,700,000

                  Lump-sum cash: $162,700,000

                  - 25% Federal Tax = - $40,675,000 = $122,025,000

                  The states like PA that don't take state tax on lottery wins are the best. But even the once that take the most state tax on lottery wins still walk away with well over 100 mill after cash option, federal, and state taxes.

                  Party,

                  your 25% figure is correct on the initial withholding..but you are forgetting that the total amount is considered income. The current top income tax in any large lottery bracket is 39.6 %. You WILL make up the remaining 14.6 % by April 15th the following year(minus any deductions that you can come up with). Uncle Sam won't let you off that easy. I only deducted federal Tax because I am in one of the states that doesnt have a state income tax or a tax on dividends/interest income(N.H & TN)

                  I wasn't aware that PA lottery was tax free..That's a major plus. Thanks for the info  Thumbs Up

                  Stay Positive, Believe and good things will come your way

                    lottoguysocal's avatar - atlantis dubai_1118783i.jpg
                    camarillo, ca
                    United States
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                    Posted: February 9, 2014, 8:17 pm - IP Logged

                    BedGot my multi-draw personal and pool tickets already.Bed

                    Im ready to win on wednesday!  Picked up my qp today, now i will just wait for lady luck to find me!

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                      Texas
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                      Member #82092
                      November 5, 2009
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                      Posted: February 9, 2014, 8:39 pm - IP Logged

                      Thank you and I promise to stick with a set of numbers I have been playing since 1998.  It will eventually show its face:)

                        dpoly1's avatar - driver
                        PA
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                        October 16, 2008
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                        Posted: February 10, 2014, 12:48 am - IP Logged

                        Party,

                        your 25% figure is correct on the initial withholding..but you are forgetting that the total amount is considered income. The current top income tax in any large lottery bracket is 39.6 %. You WILL make up the remaining 14.6 % by April 15th the following year(minus any deductions that you can come up with). Uncle Sam won't let you off that easy. I only deducted federal Tax because I am in one of the states that doesnt have a state income tax or a tax on dividends/interest income(N.H & TN)

                        I wasn't aware that PA lottery was tax free..That's a major plus. Thanks for the info  Thumbs Up

                        I Agree!

                        More money for us in PA!

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

                         

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

                          rdgrnr's avatar - walt
                          Way back up in them dadgum hills, son!
                          United States
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                          April 28, 2009
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                          Posted: February 10, 2014, 10:39 am - IP Logged

                          My Name say it all.

                          Yes it do.

                            rdgrnr's avatar - walt
                            Way back up in them dadgum hills, son!
                            United States
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                            April 28, 2009
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                            Posted: February 10, 2014, 10:46 am - IP Logged

                            Lottery winners practice Shamanism.

                            Don't go to the dark side, my friend.

                            It's a whited sepulchre full of dead men's bones and all uncleanness.

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                              NEW YORK
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                              April 29, 2010
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                              Posted: February 10, 2014, 12:27 pm - IP Logged

                              Don't go to the dark side, my friend.

                              It's a whited sepulchre full of dead men's bones and all uncleanness.

                              They said that the Mayans were shamanic priests, because they understood time more than anybody else. Lottery players are always trying to beat time. LOL

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