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$540 MILLION: Mega Millions jackpot raised on huge sales

Topic closed. 120 replies. Last post 5 months ago by noise-gate.

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California
United States
Member #156715
June 27, 2014
33 Posts
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Posted: July 7, 2016, 7:19 pm - IP Logged

So if this jackpot is won by one person, will it be the single largest lottery check ever written to one individual?

Makes me wish I lived in a state that allowed anonymity. At least it's state-tax-free here.

    music*'s avatar - nw bookeep.jpg
    Happy California
    United States
    Member #157856
    August 2, 2014
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    Posted: July 7, 2016, 7:35 pm - IP Logged

    So if this jackpot is won by one person, will it be the single largest lottery check ever written to one individual?

    Makes me wish I lived in a state that allowed anonymity. At least it's state-tax-free here.

    I live in Fresno,CA  Your check will be written out for $285,000,000.00 You will still owe the IRS another 14.6%. You should check with your tax attorney about which number to multiply the 14.6% with. I think it is the cash value of $380 million

     Gloria C. MacKenzie of Florida won a jackpot of $599 million all by herself. Use the Search box and find her.

     I've been rich and I've been poor. Believe me, rich is better. 

     Attributed to Joe E. Lewis and others

      music*'s avatar - nw bookeep.jpg
      Happy California
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      Posted: July 7, 2016, 7:41 pm - IP Logged

      i'm sure anyone who won one of the top 25 jackpots isn't on here observing whether they have slipped down a notch on the list. more interesting would be what percentage of winners took the cash rather than listing the amounts over and over again. we know already what the winning amounts were in the past. thus redundant.

      "what percentage of winners took the cash"  Have you viewed www.powerball.com or www.megamillions.com ? It is very rare for a winner to take the annuity. Most choose CASH.

       I've been rich and I've been poor. Believe me, rich is better. 

       Attributed to Joe E. Lewis and others

        QuickDrawDude's avatar - Lottery-031.jpg
        Indiana
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        Member #175422
        June 15, 2016
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        Posted: July 7, 2016, 7:46 pm - IP Logged

        We are overdue for a big hit in Indiana with both the MM and PB. I know just the place to get my ticket.

        It's a Cinderella story
        On a tumble of the dice - (Rush - The Big Money from Power Windows)

          noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
          Bay Area - California
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          Member #136477
          December 12, 2012
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          Posted: July 7, 2016, 7:57 pm - IP Logged

          l'm ready to go off into way early retirement.Big Smile Do it, do it baby! 

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

            music*'s avatar - nw bookeep.jpg
            Happy California
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            Posted: July 7, 2016, 8:01 pm - IP Logged

            l'm ready to go off into way early retirement.Big Smile Do it, do it baby! 

             I know that you have plans on leaving the scene and then plan your life. I hope that your dreams come true.

             Are you planning on vacationing before your claim your prize or after?

            Cheers

             I've been rich and I've been poor. Believe me, rich is better. 

             Attributed to Joe E. Lewis and others

              msharkey2001's avatar - Trek startrek.gif
              New Hampshire
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              Member #136492
              December 12, 2012
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              Posted: July 7, 2016, 8:05 pm - IP Logged

              So if this jackpot is won by one person, will it be the single largest lottery check ever written to one individual?

              Makes me wish I lived in a state that allowed anonymity. At least it's state-tax-free here.

              Yes it will be if they choose the cash option, beating the previous record of $370 by the elderly woman in Florida who was the only winner of that big PB jackpot a few years back.

                noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
                Bay Area - California
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                Member #136477
                December 12, 2012
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                Posted: July 7, 2016, 8:08 pm - IP Logged

                 I know that you have plans on leaving the scene and then plan your life. I hope that your dreams come true.

                 Are you planning on vacationing before your claim your prize or after?

                Cheers

                Plans set in stone Music. I would take a vacation to Germany home of my Ancestors. Still have family there. I would also push my Attorneys in front of the cameras to answer any jackpot questions while I frolick with the Mrs in Europe & beyond. Attorneys love the attention,  it's good for their business, let them lap it up. 

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

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                  March 5, 2016
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                  Posted: July 7, 2016, 8:17 pm - IP Logged

                  The first thing I would do after receiving the money is set up the "save Tom Hiddleston foundation".....

                   

                  That will be my charitable contribution to society....

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                    Simpsonville
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                    January 22, 2015
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                    Posted: July 7, 2016, 8:30 pm - IP Logged

                    Plans set in stone Music. I would take a vacation to Germany home of my Ancestors. Still have family there. I would also push my Attorneys in front of the cameras to answer any jackpot questions while I frolick with the Mrs in Europe & beyond. Attorneys love the attention,  it's good for their business, let them lap it up. 

                    Ich Liebe Deutschland.  Was stationed there Oct 88-Feb 92 Nuernberg.   Too tired to remember much Deutsch right now.  Machen Sie Urlaub comes to mind.

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                      Simpsonville
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                      January 22, 2015
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                      Posted: July 7, 2016, 8:31 pm - IP Logged

                      We are overdue for a big hit in Indiana with both the MM and PB. I know just the place to get my ticket.

                      May have to cross the Ohio River and play your Indiana lotteries.  If I'm not mistaken Indianais #1 for Powerball JACKPOT winners.

                        LottoMetro's avatar - Lottery-024.jpg
                        Happyland
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                        September 1, 2013
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                        Posted: July 7, 2016, 8:31 pm - IP Logged

                        By my estimates we are entering the 99th percentile for total sales in this game so I do not anticipate much longer before winner.........

                        P. S. Bought my first lotto ticket since the Powerbillions event earlier this year

                        If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
                        If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

                        2016: -48.28% (13 tickets) ||
                        P&L % = Total Win($)/Total Wager($) - 1


                          United States
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                          March 25, 2011
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                          Posted: July 7, 2016, 8:38 pm - IP Logged

                          "what percentage of winners took the cash"  Have you viewed www.powerball.com or www.megamillions.com ? It is very rare for a winner to take the annuity. Most choose CASH.

                          of course they do. maybe a younger person shouldn't but they do. if that's the case why bother with this list showing daily the all time annuity payouts if no one ever takes the annuity. the daily article on the jackpot amount is fine but to scroll down past that list to read it is getting annoying.

                            Groppo's avatar - cat anm.gif

                            United States
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                            January 7, 2015
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                            Posted: July 7, 2016, 8:51 pm - IP Logged

                            .

                            Mr Larry3100,

                            I understand what you're saying.
                            The odds are ridiculous, and have been so, for a while.
                            I've been saying the best lotto would be won every month.

                            How? By having the Federal Gov't involved.

                            It would work this way:

                             Every week, the Feds collect $1 from each USA person. Then, at the end of the month,
                            a lotto is held.  And bingo!

                            One lucky person is the winner. AND only one winner.  Once you win,  no more.

                            But, as far as not getting excited until the lotto reaches 1 billy, forget it 
                            There'll be too doggone many winners and thus split jackpots.

                            That's what I think, anyway. 

                            How do the rest of you feel about my "lotto plan"?

                            Mr. Groppo

                            • Don't chase the numbers you play.
                            • Play only numbers you've already played, plus however many random picks.
                            • But, ALWAYS the regular numbers you play.  This will make you a winner, not a chaser.
                                      (so far, though, I've yet to win any significant lotto prize)
                              Teddi's avatar - Lottery-008.jpg

                              United States
                              Member #142499
                              May 13, 2013
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                              Posted: July 7, 2016, 9:12 pm - IP Logged

                              I live in Fresno,CA  Your check will be written out for $285,000,000.00 You will still owe the IRS another 14.6%. You should check with your tax attorney about which number to multiply the 14.6% with. I think it is the cash value of $380 million

                               Gloria C. MacKenzie of Florida won a jackpot of $599 million all by herself. Use the Search box and find her.

                              Gloria's jp never made it to $599M and she took the cash sum of $370M, which is already less than this jp's $380M, not to mention that she split it with her son, so yes, if one person won this jackpot and chose the CV, he/she will receive the largest individual lottery sum in US history.