I love it.

Many will Play: Only One Will Win!

 going to be a most curious weekend  (insert money eyes)

This will not be won until it gets around $800,000,000.

If you live in one state and play in another state .

More likely you will pay taxes in both states ?

The "many" includes those people that hardly ever play, don't understand the concept of filling out play slips, and see nothing wrong with shouting out numbers to store clerks. But than again what's so difficult about clerks just telling them to fill out a play slip so people standing in line behind them won't become an angry mob?

There will be a winner or two this weekend. 

Good luck to everyone.

Everyone got their Jackpot Goggles.

Good Luck.

Ask the tax accountant.  Too bad my dad is deceased because he would have known this answer in two seconds.

I'm ready to end the jackpot drought in Pennsylvania!

Let's go Powerball!

$$$$$$$$$$$$$$$

Still far short of the record $1,586 million annuity; nearly $1 billion cash. It's amazing to think back how it ever got that high. Will it happen again. Time will tell. Likely take 3 more roll-overs to break the record: next $900 million, then 1.5 billion, and then $2+ billion.

That's more than enough walking around money, to last beyond you & your kids casket time.

Risking $2 On The Powerball Lottery Game To Win $535 Million? 

Heck I risk $2 on a lot less than that.

Thrifty....I wondered where you were. You disappear for a while?

Good to see you post.

I Was still Playing A Single Line On Mega Millions And Powerball, I Just Took A Break From Posting. How About You? Are You Still Buying A Single Line With Megaplier/Powerplay?

If it rolls tomorrow night it jumps to $650M/$411.7M on Sunday morning.

It looks like the cash value got nudged down to $338.8m?

The Powerball main site is showing $338.8m, but the California Lottery site still shows $340.1m.

I don't know if this situation is germaine to yours, but here goes:

I know someone that works at the Kings Bay Nuclear Submarine Base in Georgia, but he and a lot of his fellow workers at the base live across the state line in Florida because, he says, there is no state income tax in Florida and Georgia has a rather stiff income tax.  Therefore, I assume your state of residence determines where you pay state income tax or none at all.

I don't know if the same laws apply to lottery winnings or not, but it seems that it would to me.

I expected it to be higher.  Back in the billion dollar run, it was $500 M and rolled to $675 M and bumped to $700 M the same day.  Of course, the higher it goes, the more tickets sold, and the higher odds there will be more than one winner, which is fine by me. 

UPDATE: The story has been updated with a new cash value of $338.8 million.  The original story contained a value of $340.1 million, which was the first number published by MUSL, but MUSL has now confirmed with me that the new value of $338.8 million is correct.

What are you LP Members going to do with all this money?  For personal security reasons, you cannot answer this in depth.

 The ATTH, After tax take home is close to $200 million. Will you fulfill all of your dreams? 

 Will you hire a Certified Financial Planner, a CFP and fiduciary,? How about an accountant to do your taxes? A Trust and Estate Attorney to create a living revocable trust for when you pass on. 

 The CFP will invest it the way you want to invest. 

 Or is real estate your chosen field? 

 Starting a small business?

Thanks Todd for the correct information. Good luck L.P. family 

But what about the ticket I bought this morning stating the value at $340.1 mil (TX requires you to chose annuity or CO at purchase)?  Has this ever happened before?

And if you bought your ticket yesterday it would have stated cash value of $324.2 million.  Whatever amount is shown for the jackpot on the ticket doesn't matter, because they are estimates.  The only number for sure is determined after all ticket sales are closed and they tally up the amount of cash actually collected from ticket sales.

You do not need to be an accountant to understand this. It is pretty simple.

After the lottery withholds 25% for federal taxes then...

You live in state A and buy your ticket from state A---You pay the state tax.

You live in State A (6% state tax) and buy your ticket in state B (8% tax rate).

The state where you purchased the ticket gets their 8% first and then you pay nothing for state A.

You buy a ticket in  State A with a 6% tax rate and live in state B with a 8% rate. You pay 6% to

State A and owe state B 2%. It is an off setting credit.

It has. Back in 2013, Powerball advertised an estimated jackpot of $600 million annuity and yet the final tally at draw time was ~$590 million. I'm surprised the Powerball consortium didn't cover the difference like many states do with their in-state jackpot games. Doesn't inspire confidence to see a jackpot advertised at X amount and then see the final payout being noticeably less.

It wasn't a huge difference, relatively speaking, but deceptive advertising nevertheless. Many lotteries don't make clear the number is an estimate and not guaranteed. Often gloss over the "estimate" part (ie. super-fine print, not explained, etc) or leave out the word "estimate" entirely. I'd love to see an article about this.

The only number one can go by is the cash value at the time of the previous drawing, and then add some to that. Even when the cash value is the same, the annuity value can and does change, which can lead to situations in which a record jackpot may be ranked higher on the cash value list than the annuity value list or vice-versa.

Texas adjusted their estimate and also added a disclaimer.

http://www.txlottery.org/export/sites/lottery/Documents/jackpotestimates/pb20170819.pdf

I bought the winning ticket today at lunch. Thanks for your contribution everyone.

I think PB will go further up  at least once and the PB will go to over $700 Million 

watch out for shower of Fun, Hopes and expectations

I would be happy with $50,000 or $1 million myself.-weshar75

.

Yes.  Of the two, I'd prefer the $1 million option.

People aren't winning just $40M anymore.  Winning tickets are above $100M now.  Let's see how MM will play out.

What a difference a year and 7 months makes. The record progression was 334 > 528 > 948 > 1586. Based on the currently published estimates this one is 356 > 430 > 535 > 650. If the last makes it all the way to 950 that's still less than half of the increase we saw through 4 drawings for the record jackpot.

I'm sure those last two will change, but jackpot fatigue is clearly slowing things even when the advertised jackpot is over 400. Even if tomorrow night tops out at 550 or so a rollover probably won't take it to 950, and another one might well come up shy of 1.5 billion. OTOH, the chances of seeing another $1 billion jackpot are relatively good now. Depending on tomorrow's final tally there's probably at least a 60% chance it will roll. If the next one takes it to 900 the chances of another roll (to 1.3+ billion) would be about 30%. Overall that's almost a 1 in 5 chance it will be over a billion for next Saturday.

Missed my trip to Reno last month.  With all the $$ I saved I splurged and bought $50 of Powerball for Saturday.

Wrong. I've posted it twice so I wont waste my time posting it again. But there was a large roll over after the 500 million draw followed by a number of bumps in the following days. 

https://www.usamega.com/archive-012016.htm

Good luck to all!!!

Artist gave you a great answer, let me expand...

Your family will want some

Family you didn't know you had will want some.

Friends, co-workers, neighbors will want some.

Some guy 3 towns over who knows someone who knows someone who heard of you will want some.

Your Dentist, Doctor, Bank tellers, little old lady at the grocery store, will all want some.

If you mention it here, your inbox will be full in 4 minutes, we all want some.

Anyone who ever treated you like crap will atone and they will want some.

There will be no safe place.

If you are generous, you will find yourself 3 million in debt.

If you are smart, you will only tell a lawyer, accountant, Artist and me.

Move, get a big dog, bigger gun and a team of bodyguards.

Good luck brees2012.

You want to be able to put in your claim and immediately leave town only returning to pick up the check.   

I will relocate somewhere South of the Mason-Dixon Line and do things!

 sounds like a good plan thar,Dpoly1

as for my self, I figure the best place for me is any whar they wouldn't think to look for me jejeje

Lol. I forgot the real life stuff.

I got pb fever!!!!

You and I both, Good Luck Artist.

 When opportunity knocks- you got to go for it.

You too Ms. Sully.

 cheers to tonight's PB

may one of us have our dreams come true

preferably me

I may try to stay awake to watch the drawing. I have not done that since the big mm drawing where the woman claimed she hid the winning ticket at McDonald's. 2012????

$535 Million Dollars????? 

Come on Baby, Daddy needs a new pair of shoes!!!!!!!!!!!!

that and a good road trip ,man

Sounds good Trax. Where you want to go?

some whars "they" can't find me,but I can hunt "them" 4 grins

I hear ya Trax. I can see it now. If you roll thru NJ in your New RV, call me and we'll have a hamburger together!!! 

That's Walter White's car. 

How about Glacier National Park Trax?

Weird experience 10 minutes ago : Walk into this convenience store, put $10.00 down, hand the clerk my playslip, & he adds 5qp's for Superlotto plus & 1 fantasy 5. I ask where is my $6:00 change & he says " l told him to " forget the change " & give me this other crap instead. He eventually canceled out the other tickets. What is it with clerks assuming you said something that you know is a blatant lie?  Oh well.

Have a winning weekend.

Naw Redd, Walter White drives a Pontiac Aztec and it keeps breaking down on him. Tell him to get a New Cadillac CT6.

And it's driving him crazy!!!!

Walter sold the Aztek in season 5 because it had all that smelly rival dealers' guts stuck in the grill from season 3. 

Many franchise convenience store operators hustle hard to make a living, including pushing add-on sales, and just outright adding stuff one didn't ask for; giving incorrect change or none, intentionally making mistakes in hopes customer buys, cashing winners for wrong amount, etc.

Regional chains, such as Wawa, Sheetz, and various others, are not franchised and the difference is noticeable in how the clerks conduct themselves. Helps that most don't sell tickets directly and instead push customers to use a self-service machine - less chance of mistakes and no funny business.

Another thing I've noticed is many independents, at least in Berks County, PA where I reside, change ownership frequently. Some have said that's for tax avoidance for green card holders - supposedly, they get some tax breaks for awhile and then have to pay full-freight. Changing ownership to another in the family, friend, etc resets the clock. Don't know. Regardless, it's frustrating as a lottery player to visit a shop and see all their lottery tickets cleared out and the instant machine empty for a couple of weeks due to an ownership change. I've personally experienced this several times in the past several years at different shops.

Rambling on, but point is many independent franchise convenience stores are sketchy and one needs to be extra cautious; assume the worst and double-check everything. Glad it worked out ok for you.

Are you talking about the lady from Maryland. I watched a few videos concerning it and was thinking to myself.......does this lady think she will get away with this lie. Like come on they investigate smaller wins so of course they will do some extensive background checks for one that large. Good luck tho!!

That was so comical and yet sad too. The infamous lost ticket. It wasn't in the happy meal. It's amazing what some people will do. Heck, there have been many instances of people trying to cash in obviously faked tickets (wrong #s, wrong date, obvious photocopy, etc), and even after being asked by lottery staff to just forget it and leave, they persist, as if the lottery will just cave and hand over the cash. If only it was that easy.

Yes. Her attorney ran fast and far when he realized she was cray cray.  lol

That was a crazy drawing with people posting fake copies of the ticket or buying one the next day.

That drawing drew out so many nuts. Lol

Well I have 2 lines...

picked my own

 When walking into a mom & pop to get my PB ticket I see a play slip laying face down on the ground.  I pick it up, look around to see if someone dropped it, not a soul around.  Went inside, no one inside except the clerk.  I told her I just found this play card outside.  She asked if I wanted to play it.  I thought for a moment and said sure.  Her comment, as she handed me the ticket, "you're definitely going to have to share that one".  Makes sense, after all, someone else probably played the card before it was dropped, but heck, half of a half a billion isn't all that bad.  Soooo, when you hear two winning tickets were sold at the same place, on the same day...   

What would you do?

In for 2 lines too. Plus with Powerplay.

I'm surprised the jackpot estimate wasn't raised again to say $550 million annuity. Still at $535 million. Could this be another repeat of 2013 in which the estimate was overstated, short-changing the winner. We'll see soon enough. Wager the PB consortium is praying hard that PB rolls again, since MM is growing at a glacial pace.

On a related topic, I did some browsing around the TX Lottery, and it's interesting to see the guaranteed base jackpot amount ($40 million annuity + $10 million annuity minimum added per draw) verses actual sales. I've long assumed that after 3 rolls or so, the lottery was making a decent profit, but the data suggests otherwise.

Seems it takes several roll-overs to when the jackpot gets to around $100+ million annuity for Powerball to be fully profitable. A streak of early jackpot hits can be very costly, though a more pressing issue is the lack of big jackpots. Once PB hits, the excitement will be done for a couple of months or more.

So close to the drawing. Come on Jackpot, come to papa.

Seems like numbers that someone could win

I had,

20, 27, 46, 48, 49,  Powerball 9

Nada!

Jackpot for tonight ended up at $541.9 million.  We'll see soon if it was won or not.

Had three number on different lines 

I had 2 #s with POWERPLAY. and the PB #13 ...

G-luck all. I took 1 chance,i just don't really play this but when i see it is this high,i gotta try,even if dad feel it is rigged game 

since 1 person usually only win when 100 million + and or more (Dad)feel it should be at least 50 to 100 winners in each state, to be shared etc.al.,

so he always think it's rigged.

But i took a chance,and got a lil something back with power play.G-night.

G-luck.

 I am thinking that the number 68 and the PB #13 could help make it roll over. Is the PB #13 a lucky number and used by many players?

No winners. It will be $650 million on Wednesday.

Four days of sales should bring it alot higher than $650 million you would think.-weshar75