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$300 MILLION: Massive Powerball jackpot fuels New Year's dreams

Topic closed. 87 replies. Last post 11 months ago by RedStang.

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realtorjim's avatar - images q=tbn:ANd9GcT7U3t20NgScoPlxOqLT6TR0vQeJNBV3_tTswe1XeFDTsdw3NLZ

United States
Member #106923
February 27, 2011
478 Posts
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Posted: December 28, 2015, 9:16 pm - IP Logged

CDARS insurance caps out at 50M$.

I'm wondering if one could have multiple CDARSs by using corporations or LLCs?

How about a combination spousal account, then separate spousal accounts.  These would cover the actual value of the current PB jackpot, where my thinking presently is.  But it is an important aspect, especially if a jackpot is one billion, MM.  Thanks for mentioning it.

  I'm feeling a jackpot win coming my way!

    ekem6078's avatar - winter
    TN
    United States
    Member #88776
    March 23, 2010
    2205 Posts
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    Posted: December 29, 2015, 1:08 am - IP Logged

    Can't get excited about Powerball anymore. Terrible odds, $2 ticket price, and poor lower prize payouts make it one of the worst games to play...

    I Agree!

      noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
      Bay Area - California
      United States
      Member #136477
      December 12, 2012
      4108 Posts
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      Posted: December 29, 2015, 11:12 am - IP Logged

      If the Powerball Lottery Jackpot is hit this Wednesday. I hope it more than one jackpot winner. Let a few people start 2016 off with a bang.

      I Agree!....Spread it around!!

      People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

        RJOh's avatar - chipmunk
        mid-Ohio
        United States
        Member #9
        March 24, 2001
        19830 Posts
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        Posted: December 29, 2015, 11:29 am - IP Logged

        By waiting until Saturday to win it, you'll have more time to do make tax decisions, so why not wait until next year to buy a ticket? Wink

         * you don't need to buy more tickets, just buy a winning ticket * 
           
                     Evil Looking       

          Piaceri's avatar - sarsony1
          Republic of Texas
          United States
          Member #57557
          January 9, 2008
          1095 Posts
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          Posted: December 29, 2015, 12:39 pm - IP Logged

          A friend of mine husband has the 650S model, as a joke he offered me to sit in the passenger seat and it felt like i was sitting in a deep bucket. You have to be nimble and flexible to get in and out of those cars.

          Easier to get into and out of, and still sexy

          BMW

          face

          singlewinnersinglewinnersinglewinner   

            whiteballz's avatar - Lottery-015.jpg
            Nutley, New Jersey
            United States
            Member #131058
            August 1, 2012
            875 Posts
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            Posted: December 29, 2015, 1:23 pm - IP Logged

            By waiting until Saturday to win it, you'll have more time to do make tax decisions, so why not wait until next year to buy a ticket? Wink

            If you win the Powerball drawing on December 30th the taxes will be due on April 2017 not April 2016 because even if you went to lottery HQ to claim your prize on Thursday December 31, 2015 you will not get your lottery money until 2016.

            .

              Avatar
              NYC
              United States
              Member #161115
              November 17, 2014
              126 Posts
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              Posted: December 29, 2015, 1:55 pm - IP Logged

              After all taxes are paid and depending on the state. You pocket in the range of  $100 to $117 million (giver or take) from that $300. Still a crap load of money. I wouldn't even know what to spend it on.

               

              here is my dream vacation home.

                Avatar
                Simpsonville
                United States
                Member #163189
                January 22, 2015
                677 Posts
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                Posted: December 29, 2015, 2:26 pm - IP Logged

                After all taxes are paid and depending on the state. You pocket in the range of  $100 to $117 million (giver or take) from that $300. Still a crap load of money. I wouldn't even know what to spend it on.

                 

                here is my dream vacation home.

                That is one beautiful home.  Good luck to you SoleWinner 21!

                  Avatar
                  NYC
                  United States
                  Member #161115
                  November 17, 2014
                  126 Posts
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                  Posted: December 29, 2015, 2:45 pm - IP Logged

                  That is one beautiful home.  Good luck to you SoleWinner 21!

                  Thanks. Good luck too.

                    MaximumMillions's avatar - Lottery-013.jpg

                    Germany
                    Member #164603
                    March 8, 2015
                    613 Posts
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                    Posted: December 29, 2015, 3:17 pm - IP Logged

                    Easier to get into and out of, and still sexy

                    BMW

                    Would be a Benz for me. And a Tesla Model S and a 300SL. Dance

                      RedStang's avatar - tallman zps6gf4inoc.jpg
                      NY
                      United States
                      Member #121961
                      January 21, 2012
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                      Posted: December 29, 2015, 3:39 pm - IP Logged

                      Would be a Benz for me. And a Tesla Model S and a 300SL. Dance

                      If your going to buy a junk BMW or Mercedes you should also consider getting one of these too.

                        Avatar
                        Maryland
                        United States
                        Member #162434
                        January 2, 2015
                        889 Posts
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                        Posted: December 29, 2015, 4:13 pm - IP Logged

                        If your going to buy a junk BMW or Mercedes you should also consider getting one of these too.

                        Thats Tomaters big brother

                          MaximumMillions's avatar - Lottery-013.jpg

                          Germany
                          Member #164603
                          March 8, 2015
                          613 Posts
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                          Posted: December 29, 2015, 6:10 pm - IP Logged

                          If your going to buy a junk BMW or Mercedes you should also consider getting one of these too.

                          I doubt a Mustang s more reliable. There is a reason fleets aren't made up of 'em.

                            Drenick1's avatar - villiarna
                            USA
                            United States
                            Member #152799
                            February 25, 2014
                            1092 Posts
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                            Posted: December 29, 2015, 8:00 pm - IP Logged

                            Easier to get into and out of, and still sexy

                            BMW

                            Absolutely no doubt! A BMW 6 series or Mercedes SL550 would be my choice over a Mclaren 650S...my husband like most men would choose the Mclaren.

                              RJOh's avatar - chipmunk
                              mid-Ohio
                              United States
                              Member #9
                              March 24, 2001
                              19830 Posts
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                              Posted: December 29, 2015, 9:30 pm - IP Logged

                              Can't get excited about Powerball anymore. Terrible odds, $2 ticket price, and poor lower prize payouts make it one of the worst games to play...

                              For a $40M jackpot that might be true but for a chance to win $300M+ I don't mind spending $2.

                               * you don't need to buy more tickets, just buy a winning ticket * 
                                 
                                           Evil Looking