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Oregon man keeps childhood promise, splits $1M Powerball with brother

Topic closed. 26 replies. Last post 6 years ago by Saylorgirl.

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hearsetrax's avatar - alien on_computer.jpg

United States
Member #52343
May 21, 2007
3286 Posts
Offline

LOL......I have a few of them  in the immediate family DP...Sorta brings a tear to your eye on the day you go collect the big check and they won't be there to help you celebrate. Course,<scratching head>You could always call and tell them heres your share Puke Green laugh

Yes Nod

    haymaker's avatar - Lottery-012.jpg
    Egg Harbor twp.south Jersey shore
    United States
    Member #112964
    June 29, 2011
    4135 Posts
    Offline

    WTG, BRO.

    Money doesn't change everyone !

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

      Avatar
      NASHVILLE, TENN
      United States
      Member #33371
      February 20, 2006
      1044 Posts
      Offline

      I hope they can prove they promised to share any jackpot.  The IRS doesn't take kindly to losing out on a gift tax which, the last time I looked, was 55%.  And payable by the giver.

      Otherwise, good for you, bro! 

      I would like to think my brother would share with me if he won.  Now if I won, we would have to come to some kind of agreement.  I would keep 99% and he can have 1%.

        maringoman's avatar - images q=tbn:ANd9GcTbRxpKQmOfcCoUqF2FyqIOAwDo7rg9G-lfJLAALPGWJWwiz19eRw
        Massachusetts
        United States
        Member #37432
        April 14, 2006
        2747 Posts
        Offline

        I hope they can prove they promised to share any jackpot.  The IRS doesn't take kindly to losing out on a gift tax which, the last time I looked, was 55%.  And payable by the giver.

        Otherwise, good for you, bro! 

        I would like to think my brother would share with me if he won.  Now if I won, we would have to come to some kind of agreement.  I would keep 99% and he can have 1%.

        They must have consulted a tax lawyer who advised them to claim together rather than one person to claim and write a personal check to his brother at which point it would be considered a gift. The brothers can easily claim they are in a lottery pool together and IRS would just have to accept it. I would give my brother half even if we have no such agreement. He's a good man.

        That money's gone fo ever

          IPlayWeekly's avatar - avatarmoney
          Columbus, Ohio
          United States
          Member #128902
          June 5, 2012
          599 Posts
          Offline

          great story

            pickone4me's avatar - lightbulb
            Wisconsin
            United States
            Member #104958
            January 23, 2011
            1153 Posts
            Offline

            The not so great part of the story,  is how many years it took to win. I Wonder how much money that was spent to actually get that big winner.

              LottoGuyBC's avatar - Lottery-050.jpg
              British Columbia
              Canada
              Member #116097
              September 4, 2011
              4034 Posts
              Offline

              #GoodStory

              "You have to be in it to win it!"

                Drenick1's avatar - villiarna
                USA
                United States
                Member #152794
                February 25, 2014
                1103 Posts
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                The not so great part of the story,  is how many years it took to win. I Wonder how much money that was spent to actually get that big winner.

                Even he only spent $10 per week playing for over 20 years would make expenditures well beyond $10,000.

                  Bondi Junction
                  Australia
                  Member #57240
                  December 24, 2007
                  1102 Posts
                  Offline

                  If you are a lottery winner and are looking for a brother, I'm available.

                  We all get a lot out of lotteries!


                    United States
                    Member #156364
                    June 16, 2014
                    570 Posts
                    Offline

                    Dallas,ICAM !

                     

                    i love this story this week... Truly a great bro. and he will keep being bless,imo with great health,happy life,for his promise

                    ...

                    Some fam will "go back on their word!"

                    Then we see in diff states,sadly they are "spending more cash on lawyers"just to negate,what was originally agreed upon,

                    My parents, always say any family"loan of $ etc.

                    Just b sure to always "Get it in writing,if your going to be sharing a large sum of money etc."

                    But he said about this OREGON STORY.

                    No need here,because this "mature loving bro did the RIGHT THING...

                     

                    so nice to see this."

                    Cheers Felicidades!!!(congrats) to u both!!!

                     

                    adios.

                    Noche...

                      luckyshoes's avatar - nw lady.jpg

                      United States
                      Member #79500
                      September 2, 2009
                      6579 Posts
                      Offline

                      Feel Good Story !  Now thats a true-blue brother.

                      Congratulations to them both. Love it when the right thing to do wins out over the easy way out . Yes Nod

                        Saylorgirl's avatar - Lottery-065.jpg
                        Indiana
                        United States
                        Member #129221
                        June 13, 2012
                        592 Posts
                        Offline

                        What a great story!  Congratulations to Eric and Quinn!