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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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Pennsylvania
United States
Member #74096
May 2, 2009
22834 Posts
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Posted: January 14, 2016, 3:16 am - IP Logged

You got to ask yourself just one question, do you feel lucky? Well do ya punk?! Only questions I'll be asking after I win is "When will my check be deposited in my bank account, and when will my mansion be ready for me to move in?"

3 of the 81 winners of $1M were from PA...I'm sure a lot more expected to be.

I'm happy the frenzy is over, it's worse than seeing the ever constant ads for the PA Raffle.

I played ONE ticket - didn't win anything and did not really expect to aside from matching the pb number...I had 12, it

was 10.

Gl to you!

246 ~~ 485 ~~ 369 ~~ 890 ~~ 705 ~~ 357 ~~ 129 ~~ 165 ~  007 ~ 225 ~ 818 ~ 440 ~  7775 5557

    sirbrad's avatar - Lottery-062.jpg
    PA
    United States
    Member #22983
    October 6, 2005
    2226 Posts
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    Posted: January 14, 2016, 3:31 am - IP Logged

    Fun fact, TN players do not care about the new odds.

    https://www.lotterypost.com/news/296695

    TN had the winning Powerball ticket on Nov. 4, 2015, draw and won the $144.1 million jackpot.

    That's 2 and 0 for us beating the higher odds matrix now. We own this new game.

    Can we go 3 and 0? I hope so.

    Also, unlike the poor suckers left to the media in CA/FL, we can remain anonymous here via the trust/ LLC route. The 144 million winner(s) already did so. (Someone used their brain for once. We always could remain anonymous.)

    Am hoping this new TN  winner does the same thing as last one. GO TN players! 

    Also, all 3 have no state tax on the winnings. Wink

    Looks like TN beat the odds yet AGAIN!

      sirbrad's avatar - Lottery-062.jpg
      PA
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      October 6, 2005
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      Posted: January 14, 2016, 3:35 am - IP Logged

      3 of the 81 winners of $1M were from PA...I'm sure a lot more expected to be.

      I'm happy the frenzy is over, it's worse than seeing the ever constant ads for the PA Raffle.

      I played ONE ticket - didn't win anything and did not really expect to aside from matching the pb number...I had 12, it

      was 10.

      Gl to you!

      Yeah we had more PB winners than any state at 16 I think, maybe more by now as that was 3 years ago. But never the huge one. I won $100 on the raffle awhile back buying one ticket. Missed $1,000 by two numbers. Most of the time they are a waste of $20. The game I want to win most if Cash4life as $1,000 a day for life would be all I need, or $365,000 annually which is about $273,000 a year for life. I can live with that lol. Then play the big ones once in awhile still.

        sirbrad's avatar - Lottery-062.jpg
        PA
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        Posted: January 14, 2016, 3:38 am - IP Logged

        From the Florida Lottery -> "The world record $1.5 billion POWERBALL draw produced a Florida jackpot winner! Plus, we had 11 $1 million winners and a $2 million winner. That's 13 new Florida POWERBALL millionaires! The jackpot winner will share the prize with winners in California and Tennessee."

        Hmmmm a lot of 13's I guess t is good luck after all lol. PB last draw 13, this drawing on the 13th and a few more that I think.

          sirbrad's avatar - Lottery-062.jpg
          PA
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          Posted: January 14, 2016, 3:47 am - IP Logged

          All three winners get around $500m each rightWhat?

          Probably around that for the annuity. Had no one matched all of the numbers drawn lottery officials said the next jackpot would have reached $2 billion. The $1.5 billion prize would be paid in annual payments over 29 years or the winner could opt for a lump-sum payment of $930 million. Dive that by 3 is about $310 million cash before taxes. Nothing to be sad about still. If no one won the jackpot the estimated jackpot for Saturday's drawing would have been $2 billion, with a cash value of $1.24 billion. Crazy. It will get back up there in a few months. I am kinda glad the craziness is over so I can get back to focusing on normal day life. Only thing that sucks is coming down to the low after being on such a lotto fever high, kinda depressing for a long while. Same old same old. Now there will be crickets chirping here for a few months at least.  LOL

            sirbrad's avatar - Lottery-062.jpg
            PA
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            Posted: January 14, 2016, 4:01 am - IP Logged

            Lots of million dollar 2nd prize match-5 winners for sure, but none in California. The 12 California winners lost out and will only receive $638,146. Still a bundle though.

            It's even worse for CA 3rd tier winners who instead of receiving $50,000 will only get about 1/4 that: $13,903.

            On the bright side, all those winners, presumably, won far more than they wagered on the drawing, defying the odds.

            Was nice to see so many additional winners, and that the jackpot was split; spreading the wealth around a bit.

            What? How do you get those numbers? $50,000 after 25% deduction is like $37,500 not no $13,903. You are not taxed at the highest rate unless you win A LOT. Even at 36% it would still be like $32,000. CA also has no state tax on the lottery. I know they have higher taxes for the super wealthy though.

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              Posted: January 14, 2016, 4:23 am - IP Logged

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

              Uhhh yeah and that is why I posted my comment on the Lottery Post because the discussions are for some crazy reason about the lottery.......so it's one of those "understood" things.......sigh.

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                United States
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                January 5, 2016
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                Posted: January 14, 2016, 4:51 am - IP Logged

                "Winner, winner, chicken dinner!"

                 

                California has the biggest population (around 39M peeps) therefore it's never surprising that someone wins from CA.

                 

                Florida is ranked number 3 on the list (around 20M peeps) in population, again not a surprise here. (note that New York has around the same amount of peeps)

                and

                Tennessee is ranked number 17 on the list (around 6.6M peeps) defied the odds both winning again under these new odds of 292M to 1 on November 4, 2015 ($144.1M annuity but took the Cash $89.7M) and then of course tonight!

                Tennessee is the fairy tale story of recent. 

                 

                Just for fun if someone won out of the U.S. Virgin Islands then THAT would be very impressive as they have just over 100,000 peeps living there.

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                  kings mountain
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                  Posted: January 14, 2016, 6:35 am - IP Logged

                  I told you we would have more than one powerball winner and in multiple states. The poor play the lottery and there was no way powerball officials was going to let just one winner win all that money.  Powerball is random??  YEAH RIGHT!!!!

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                    Wyomissing, PA
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                    November 15, 2014
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                    Posted: January 14, 2016, 9:48 am - IP Logged

                    What? How do you get those numbers? $50,000 after 25% deduction is like $37,500 not no $13,903. You are not taxed at the highest rate unless you win A LOT. Even at 36% it would still be like $32,000. CA also has no state tax on the lottery. I know they have higher taxes for the super wealthy though.

                    Lower tier Powerball prizes are para-mutuel in California, which sometimes works out great for winners, but all too often, such as this past draw, not so much.

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                      NY
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                      October 16, 2005
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                      Posted: January 14, 2016, 12:19 pm - IP Logged

                      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.

                      "good at math but poor at insight."

                      It's people who can't grasp what the simulators are showing that are either poor at insight, or perhaps they're just in denial of reality. The more you play the more likely you are to get results that match probability, and91% of the $2 ticket price goes to prizes with extremely steep odds. Only 346 out of every 292,201,338 tickets can be expected to win one of those prizes.

                      The house always wins, and that's because players lose. The more money players bet the more money the house wins, and the more money players lose. If you buy 1 to 3 tickets you get an incredibly small chance of having one of those 346 tickets, and you get a modest chance of getting your money back or turning a very small profit. When you spend more money you still get an incredibly small chance of having one of those 346 tickets, and the chance of getting your money back gets smaller and smaller.

                      For the vast majority of players the percentage of their money that goes to the house gets higher as they bet more money. If you understand what it's showing, a simulator will demonstrate that very clearly, but you won't lose a dime.

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                        Farmington Hills
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                        Posted: January 14, 2016, 7:19 pm - IP Logged

                        How are Powerball sales doing today?

                         

                        Why do I think that somebody is going to win $40M in Saturday's draw and realize how fickle fate is knowing lightning struck…but just three days late!

                          sirbrad's avatar - Lottery-062.jpg
                          PA
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                          Posted: January 15, 2016, 9:44 pm - IP Logged

                          That is what happened to me on the Cash 5, I got 4 out of 5 and just missed the $1.6 million by one number then of course the next day someone wins it with one ticket. I was raging.

                             
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