Welcome Guest
Log In | Register )
You last visited December 9, 2016, 11:56 pm
All times shown are
Eastern Time (GMT-5:00)

POWERBALL CREATES WORLD'S FIRST BILLION-DOLLAR JACKPOT

Topic closed. 567 replies. Last post 11 months ago by AbsolutelyFun.

Page 30 of 38
4.97
PrintE-mailLink
Avatar

United States
Member #171241
January 4, 2016
75 Posts
Offline
Posted: January 11, 2016, 11:43 am - IP Logged

With the just-announced increase, Ohio's first-year annuity payment is $14,961,126. Ends at year 30 at $61,582,026.

Not all that concerned with future tax rates.

Wink

Possibly higher future tax rates and estate tax issues for beneficiaries if I died before it was payed out are the two concerns I'd have with taking the annuity. Otherwise I would elect that option if I won this jackpot.

    Original Bey's avatar - Lottery-022.jpg

    Bahamas
    Member #133462
    September 30, 2012
    5946 Posts
    Offline
    Posted: January 11, 2016, 11:44 am - IP Logged

    The Wednesday jackpot was increased to $1.4 billion, with a cash value of $868 million!

    Party Thanks for the update!

    "Everything works  ONCE!"

      Avatar

      United States
      Member #170707
      December 13, 2015
      185 Posts
      Offline
      Posted: January 11, 2016, 11:46 am - IP Logged

      HA! THE CASH OPTION WILL BE 1 BILLION BY WEDNESDAY!

      Type

        Groppo's avatar - cat anm.gif

        United States
        Member #162631
        January 7, 2015
        506 Posts
        Offline
        Posted: January 11, 2016, 11:54 am - IP Logged

        The Wednesday jackpot was increased to $1.4 billion, with a cash value of $868 million!

        That's Excellent news, Todd !   It didn't stall. 
        Everything's back on track.

         

         

         

         

        (everything's "back on track"?    Mr. "oh, i'll be happy with 1 million is saying this".
        "yeah, well I uh. . . .",
        yeah, well i think you better get it together)

          HoLeeKau's avatar - YheaShea
          Idaho
          United States
          Member #94283
          July 17, 2010
          2284 Posts
          Offline
          Posted: January 11, 2016, 12:12 pm - IP Logged

          It was just bumped to 1.4 B. Time for a new thread!

          I agree!  It took me 20 minutes this morning to figure out where I quit reading last time I was here.  I wish this forum had the ability to take you to the first unread post when you're logged in.  I also wish there was a mark on threads I posted in.

            Todd's avatar - Cylon 2.gif
            Chief Bottle Washer
            New Jersey
            United States
            Member #1
            May 31, 2000
            23275 Posts
            Online
            Posted: January 11, 2016, 12:15 pm - IP Logged

            HA! THE CASH OPTION WILL BE 1 BILLION BY WEDNESDAY!

            Type

            That's the next milestone we'll be watching! Eek

             

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

             

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

              RJOh's avatar - chipmunk
              mid-Ohio
              United States
              Member #9
              March 24, 2001
              19831 Posts
              Offline
              Posted: January 11, 2016, 12:21 pm - IP Logged

              I agree!  It took me 20 minutes this morning to figure out where I quit reading last time I was here.  I wish this forum had the ability to take you to the first unread post when you're logged in.  I also wish there was a mark on threads I posted in.

              Do you use the active thread form or my most recent posts forum?

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

                gocart1's avatar - lighthouse
                ONEONTA,NEW YORK
                United States
                Member #30516
                January 17, 2006
                419 Posts
                Offline
                Posted: January 11, 2016, 12:41 pm - IP Logged

                I'm i reading this right..It jumped to 1.4 billion..PartyUS FlagParty

                  MaximumMillions's avatar - Lottery-013.jpg

                  Germany
                  Member #164603
                  March 8, 2015
                  614 Posts
                  Offline
                  Posted: January 11, 2016, 12:43 pm - IP Logged

                  That's the next milestone we'll be watching! Eek

                  2 and a half day out til the drawing, I think we'll see it!

                    Groppo's avatar - cat anm.gif

                    United States
                    Member #162631
                    January 7, 2015
                    506 Posts
                    Offline
                    Posted: January 11, 2016, 12:52 pm - IP Logged

                    Possibly higher future tax rates and estate tax issues for beneficiaries if I died before it was payed out are the two concerns I'd have with taking the annuity. Otherwise I would elect that option if I won this jackpot.

                    I too would choose the annuity option, anyway. 
                    It's just too large a prize.
                    I can't get my mind around it.

                      BBLL's avatar - audi r8-wallpaper-bla
                      Chicago
                      United States
                      Member #122762
                      February 7, 2012
                      160 Posts
                      Offline
                      Posted: January 11, 2016, 1:02 pm - IP Logged

                      One ticket 

                      One winner 

                      Party

                        Avatar
                        New Member
                        Toronto
                        Canada
                        Member #170682
                        December 12, 2015
                        31 Posts
                        Offline
                        Posted: January 11, 2016, 1:09 pm - IP Logged

                        We need a new thread. Please.

                          Avatar
                          New Member
                          Randolph
                          United States
                          Member #124773
                          March 19, 2012
                          1 Posts
                          Offline
                          Posted: January 11, 2016, 1:19 pm - IP Logged

                          We looking for team join the Powerball play tickets maybe win?  I Agree! LurkingUS Flag

                            Avatar
                            akron, ohio
                            United States
                            Member #163666
                            February 7, 2015
                            34 Posts
                            Offline
                            Posted: January 11, 2016, 1:34 pm - IP Logged

                            One ticket 

                            One winner 

                            Party

                            I Agree! COMPLETELY!!!!!! someONE somewhere. The things you could do. BananaSee Ya!Hurray!Dance

                              ecnirP's avatar - prince symbol_black-mini.jpg
                              Farmington Hills
                              United States
                              Member #46576
                              September 15, 2006
                              39 Posts
                              Offline
                              Posted: January 11, 2016, 1:34 pm - IP Logged

                              A front-page headline in our local paper Saturday had an Oakland County Math professor saying odds are against you winning the lottery.

                              When you win the lottery, I suggest not taking any math classes from Oakland University.

                              What I'm enjoying is that the same odds are in place for me to win the $1.4 Billion as someone who plays when it goes back to $40 Million after this one's won.

                                 
                                Page 30 of 38