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$1.5 BILLION: Wednesday Powerball record jackpot still rising

Topic closed. 282 replies. Last post 11 months ago by sirbrad.

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United States
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January 5, 2016
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Posted: January 13, 2016, 11:58 pm - IP Logged

I won $4

Guess I will probably either buy a regular Illinois lotto QP or $4 worth of for life scratchoffs ($500 for life cost $1 or $1000 for life which cost $2 each)

Go for the $1000.

    bob27's avatar - chakra man1.jpg
    chicago
    United States
    Member #34162
    February 28, 2006
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    Posted: January 14, 2016, 12:00 am - IP Logged

    i was pretty close

    04 08 19 27 34 10
    [/IMG]

      sirbrad's avatar - Lottery-062.jpg
      PA
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      Posted: January 14, 2016, 12:05 am - IP Logged

      I am just glad I did not spend much on this and no longer have to keep spending $2.00. I plan on winning cash for life anyway soon and almost did not twice. ($1,000 a DAY for LIFE $365,000 annually) After taxes about $273,000 a year which is plenty for me. Or the Mega Millions as well.

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        Chicago
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        December 31, 2015
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        Posted: January 14, 2016, 12:07 am - IP Logged

        i was pretty close

        04 08 19 27 34 10
        [/IMG]

        You know what with IL Lotto at 20.25M ,, I think I will put that $4 into that rather then scratch off tickets

          joshuacloak's avatar - Money Swim-uncle-scrooge-mcduck-35997717-677-518.jpg

          United States
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          February 12, 2006
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          Posted: January 14, 2016, 12:07 am - IP Logged

          Assuming it's a sole winner they will walk with $594,034,000 after taxes in CA which has no state tax. Nice chunk of change!

          No anonymous claiming to boot. If they're the only winner the media sure won't back down on finding out every detail of their life.

          No bees, no honey.

            BBLL's avatar - audi r8-wallpaper-bla
            Chicago
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            February 7, 2012
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            Posted: January 14, 2016, 12:09 am - IP Logged

            Not fair the same states always win

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              Posted: January 14, 2016, 12:13 am - IP Logged

              Assuming it's a sole winner they will walk with $594,034,000 after taxes in CA which has no state tax. Nice chunk of change!

              CA does have a state tax.  Lottery winnings however are not taxed.

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                Wyomissing, PA
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                November 15, 2014
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                Posted: January 14, 2016, 12:15 am - IP Logged

                If true, thank goodness. Soon as jackpot resets back to $40 million ($0.04 billion), I have no reason to play Powerball again for some time, if ever.

                There are various Powerball simulators out there. Ran over $1 million through one of them, and the highest prize I won was $100 a bunch of times. Lost over 90%. That was with imaginary money, so no real loss. However, for players who wagered heavy for real, many won't do that again anytime soon unless the jackpot reaches super historic levels, such as $2+ billion annuity. A billion is so yesterday Sleep

                Be very interesting to see what MUSL comes up with, because going ever higher doesn't seem a viable path. Many causal players have had their fill of Powerball and won't be back anytime soon. Many perceive it as a ripoff, but played anyways to be part of history; for the "dream" of winning.

                  sirbrad's avatar - Lottery-062.jpg
                  PA
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                  Posted: January 14, 2016, 12:16 am - IP Logged

                  Back to reality...at least for a few months. LOL

                    joshuacloak's avatar - Money Swim-uncle-scrooge-mcduck-35997717-677-518.jpg

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                    Posted: January 14, 2016, 12:17 am - IP Logged

                    They are already showing live video of the 7-eleven that sold the winning ticket. I can't make this up.

                     

                    The media is on a manhunt. (And so is everyone else?)

                    No bees, no honey.

                      sirbrad's avatar - Lottery-062.jpg
                      PA
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                      Posted: January 14, 2016, 12:20 am - IP Logged

                      If true, thank goodness. Soon as jackpot resets back to $40 million ($0.04 billion), I have no reason to play Powerball again for some time, if ever.

                      There are various Powerball simulators out there. Ran over $1 million through one of them, and the highest prize I won was $100 a bunch of times. Lost over 90%. That was with imaginary money, so no real loss. However, for players who wagered heavy for real, many won't do that again anytime soon unless the jackpot reaches super historic levels, such as $2+ billion annuity. A billion is so yesterday Sleep

                      Be very interesting to see what MUSL comes up with, because going ever higher doesn't seem a viable path. Many causal players have had their fill of Powerball and won't be back anytime soon. Many perceive it as a ripoff, but played anyways to be part of history; for the "dream" of winning.

                      Many will play now as it is more of a relief and less burden and you won't be so famous if you win $40 million. But it makes more sense cost wise to play MB's for better odds and only paying half as much. I would love to win the $40 million though next draw so I would be completely anonymous while they are still looking for the $1.6 billion winner. LOL But the cost is not worth it as much as the MB now. So they would be smart not to change it.

                        Todd's avatar - Cylon 2.gif
                        Chief Bottle Washer
                        New Jersey
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                        May 31, 2000
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                        Posted: January 14, 2016, 12:20 am - IP Logged

                        If true, thank goodness. Soon as jackpot resets back to $40 million ($0.04 billion), I have no reason to play Powerball again for some time, if ever.

                        There are various Powerball simulators out there. Ran over $1 million through one of them, and the highest prize I won was $100 a bunch of times. Lost over 90%. That was with imaginary money, so no real loss. However, for players who wagered heavy for real, many won't do that again anytime soon unless the jackpot reaches super historic levels, such as $2+ billion annuity. A billion is so yesterday Sleep

                        Be very interesting to see what MUSL comes up with, because going ever higher doesn't seem a viable path. Many causal players have had their fill of Powerball and won't be back anytime soon. Many perceive it as a ripoff, but played anyways to be part of history; for the "dream" of winning.

                        The Powerball simulators are for people good at math but poor at insight.  "I play Powerball to make a profit by winning lower-tier prizes," said no lottery player ever.  You play Powerball to have a chance, however slim, of winning a huge jackpot.

                         

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

                         

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

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                          November 29, 2012
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                          Posted: January 14, 2016, 12:23 am - IP Logged

                          Many will play now as it is more of a relief and less burden and you won't be so famous if you win $40 million. But it makes more sense cost wise to play MB's for better odds and only paying half as much. I would love to win the $40 million though next draw so I would be completely anonymous while they are still looking for the $1.6 billion winner. LOL But the cost is not worth it as much as the MB now. So they would be smart not to change it.

                           Don't know why it is, whether people buy a subscription, people cash in and buy more tickets, or people buy tickets for the big jackpot late, but the $40 jackpot after a nice run has healthy sales typically.

                           

                          Seems like there's no more winners? I'm going to guess the one in California was a pool ticket

                            BBLL's avatar - audi r8-wallpaper-bla
                            Chicago
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                            Posted: January 14, 2016, 12:32 am - IP Logged

                            How do I calculate winning for my state lottery after taxes?

                              sirbrad's avatar - Lottery-062.jpg
                              PA
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                              October 6, 2005
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                              Posted: January 14, 2016, 12:33 am - IP Logged

                              This is Todd right now. Type  LOL

                                 
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