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Indiana couple claims $27.5 million Lotto prize

Topic closed. 30 replies. Last post 2 years ago by BellasBMWLucki.

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boston,ma
United States
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December 15, 2013
112 Posts
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Posted: June 6, 2014, 8:58 am - IP Logged

I thought it was just me until I read the rest of the comments. 27,000,000 to 11,100,000 before taxes?? After uncle sam takes his 39.6% and the state gets theirs, it's down to like 5 or 6 million. That's still a lot of money but dam, 22 million of 27 million gone! Also, like I posted before, people think that once you hit the lottery you have to say, "We're not going to change who we are." It's become so cliche' it's a joke. Try keeping that same house, try keeping that same job and see how much of your life will remain the same. It's not possible. You're friends and family will change regardless of what you try to do. If I was ever to hit for a sum that gives me over 10 million, I'll move the next day and get rid of my old cell. If you were my friend before then don't worry about it, i'll contact you when I can.

    RedStang's avatar - tallman zps6gf4inoc.jpg
    NY
    United States
    Member #121961
    January 21, 2012
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    Posted: June 6, 2014, 11:40 am - IP Logged

    Their lucky they didn't win this in NY. After they paid all the fake State taxes they would end up owing them a $1.

      dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
      Oklahoma
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      November 12, 2009
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      Posted: June 6, 2014, 12:11 pm - IP Logged

      Congratulation Larry & Connie Thumbs Up

      I Love Pink & Green 1908

        DDOH937's avatar - Lottery-062.jpg

        United States
        Member #149596
        December 4, 2013
        208 Posts
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        Posted: June 6, 2014, 1:56 pm - IP Logged

        "Despite their new wealth, the Millers say they have no intention of changing who they are".

        When will people learn and stop say such non-sense???? Firstly you and your life WILL change!! Whether you like it, want it to or not!! Secondly and most importantly, it does'nt matter if you change or not, what lotto winners MUST realize by now is that the way OTHERS see them will change. And as such, you'll have to be smart and adjust.

        Happy for them. Way to go. Enjoy, enjoy, enjoy!! But come on now, you and things around you WILL change! Its simply best to prepare for that than be "surprised" and caught off guard.

        "It's good to have money and the things that money can buy, but it's good, too, to check up once in a while and make sure that you haven't lost the things that money can't buy." - George Lorimer

          Arrowhead's avatar - underground
          Ohio
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          December 27, 2011
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          Posted: June 6, 2014, 3:18 pm - IP Logged

          When JP winners say they will 'not change who they are' they are subconsciously saying they will try not to change who they are, because they don't desire to change who they are.

          And in the case of this couple, who are not exactly kids, this relatively modest after-tax JP will indeed probably not change who they are.

          These folks are not $100-300 mil MM or PB winners. THAT 'changes who you are'.

            mediabrat's avatar - 18z0typ
            upstate NY
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            March 31, 2011
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            Posted: June 6, 2014, 6:57 pm - IP Logged

            When JP winners say they will 'not change who they are' they are subconsciously saying they will try not to change who they are, because they don't desire to change who they are.

            And in the case of this couple, who are not exactly kids, this relatively modest after-tax JP will indeed probably not change who they are.

            These folks are not $100-300 mil MM or PB winners. THAT 'changes who you are'.

            Exactly.  Well said.

              CDanaT's avatar - tiger avatar_04_hd_pictures_169016.jpg
              TX
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              Member #121193
              January 4, 2012
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              Posted: June 7, 2014, 10:54 am - IP Logged

              I thought it was very rude of the Lottery Executive Director to wear her bathrobe for the picture with the winners.

                                           ROFLMAO

              Stay Positive, Believe and good things will come your way

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                wisconsin
                United States
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                July 23, 2012
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                Posted: June 7, 2014, 2:10 pm - IP Logged

                Congrats to the newest lottery winners.  I would look forward to my life changing and having more options.  Individually not sure how I personally wouldnt change. Just hope it would be for the better. 

                I agree about the check amount.  From $27,000,000 to $11,000,000 to a net of approximately $5,500,000 is pretty pathic and misleading.  Dont get me wrong, I would love to win even the net amount but those who read this story think they won $27 million only to find out the true amount is considerably less.  It reminds me of the Natalie Bostelman win with Publishers Clearing House $1 million, to end up with net $260,000 is very sad.

                With the Mega Millions and Powerball lottery, I always check Todd's other site USA MEGA that gives the approximate net value per state, that is the only figure I am interested in knowing.

                Hate me all you want, but after a drop-off like that, I'd seriously consider taking the annuity.

                Invest half the money and live off the other half.

                  Drenick1's avatar - villiarna
                  USA
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                  February 25, 2014
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                  Posted: June 7, 2014, 4:39 pm - IP Logged

                  That lump sum of $11.1 million doesn't sound right.  It's 40.7% of the advertised jackpot.  PB pays 59.8% and MM pays 57.6% of their advertised jackpot for those that choose cash option.  I believe they all make the same number of annuity payments although the annual increases may be different, but that shouldn't account for that big of a discrepancy.

                  With the cash value being 40% of the jackpot, this is one case where I would take the annuity instead of the cash option. But considering that the couple that just won this prize are considerably older than I am, then it's probably best that they just take the cash option.

                    Arrowhead's avatar - underground
                    Ohio
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                    December 27, 2011
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                    Posted: June 7, 2014, 7:09 pm - IP Logged

                    Tonight's Ohio Classic Lotto JP at $72.5 mil.....net cash value amount $25.737 mil.

                      Get paid's avatar - Lottery-062.jpg
                      texas
                      United States
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                      February 11, 2014
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                      Posted: June 9, 2014, 2:29 pm - IP Logged

                      Congrats to the winners. Trust me your life will change,everybody in ur town knows u have lots of money.Thats a game changer.

                        HaveABall's avatar - rocket

                        United States
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                        Posted: June 10, 2014, 7:59 pm - IP Logged

                        Tonight's Ohio Classic Lotto JP at $72.5 mil.....net cash value amount $25.737 mil.

                        Woo hoo!  Those near and in Ohio should definitely be playing this.  If won, I hope the winner is willing to kick their accountant adviser for advising to take the "cash value" if they find out that the gross cash value is only 35-40% of the annuity!!!

                        Thud

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

                        Disney

                          Arrowhead's avatar - underground
                          Ohio
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                          December 27, 2011
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                          Posted: June 10, 2014, 10:14 pm - IP Logged

                          Woo hoo!  Those near and in Ohio should definitely be playing this.  If won, I hope the winner is willing to kick their accountant adviser for advising to take the "cash value" if they find out that the gross cash value is only 35-40% of the annuity!!!

                          Thud

                          Now up to $73.1 mil...about 2.5 years since a JP winner. Utterly ridiculous. Crazy

                            Arrowhead's avatar - underground
                            Ohio
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                            December 27, 2011
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                            Posted: June 10, 2014, 10:36 pm - IP Logged

                            Net cash value= $29.9 mil...

                            Annuity year 1 = $1,743,760, Annuity years 2-30= $1,729,560


                              United States
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                              June 16, 2014
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                              Posted: June 16, 2014, 10:02 pm - IP Logged

                              quite astute post here.

                              i was thinking same thing,i notice that.

                              Good eye!

                               

                              y' CheersFelicidades,so nice to see this!

                               

                              adios Noche.