N.C. Powerball lottery winner had to disconnect phone

Comment #16

KY Floyd — Sat, 21 Oct 2006 09:15:04 GMT

Anyone who doesn't agree that a consistent annual income of 150 grand qualifies as wealthy needs a reality check or a better definition of wealthy. 150 grand a year is more than 95% of the country's households bring in. Making 150 grand as a resident of NY, I'd net about 120 after taxes if I had no deductions beyond the basic exemptions. That 's about twice the *pre-tax* household income of half of the households in the country. It's certainly not filthy rich, but it's more than enough to li... [ More ]

Comment #15

Tenaj — Fri, 20 Oct 2006 15:05:53 GMT

Maybe it's just the slow-turning wheels of government?

It's what I've said from the beginning, NC players are lucky to even have a lottery. The Lottery Commission is brow beaten. Every step and move for a successful lottery is still fought with opposition and controlled. It not that they don't know how to do it. They don't have the power to do it the right way.

You would think that the NC Lottery Commission would call the shots - but not so. The high percentage to go to education was... [ More ]

Comment #14

NCPicks — Fri, 20 Oct 2006 14:55:36 GMT

I believe that the game roll-outs are spaced appart to help keep interest in the games over a longer time period.About the time player start to get bored with the last game,the directors will roll out a new game.It's not about any difficulty in introducing a game,it's about keeping the players wanting more.

Comment #13

Todd — Fri, 20 Oct 2006 12:56:14 GMT

You know, I often wonder the same thing myself. It's not like they're reinventing the wheel each time. Why not just start out with a slate of baseline games?

The people they hire to run the games are industry veterans, the contract vendors have been performing the same lotto services for years, and the technology is basically the same for every state. Once the lottery machine is installed in retailer locations, it's just as easy to sell four or five games as it is to sell one game.... [ More ]

Comment #12

s5thomps — Fri, 20 Oct 2006 12:36:35 GMT

One thing that I like about this website is that you can always get good information from people that are inspiring to finally hit the lotto! Knowledge is power and I beleive that a majority of Lottery winners who get themselves into trouble really don't know the liablities of winning a huge amount of money. In the end its really not a huge amount of money that is going to make you happy, but the peace of mind knowing that if you budget your windfall accordingly, that money never has to be an is... [ More ]

Comment #11

Badger — Fri, 20 Oct 2006 11:21:43 GMT

Floridian wrote:

The worst of it all is that no one wants to really define wealthy. By tody's standards $800,000 is just chump change. Its not to me but if you look at the list of the wealthest people in the world not one of them is a millionaire. They are all billionaire's.

Very true. Say you want to retire. If you don't want to work (or don't want to have to work) you need to be able to have enough money socked away so that you can live off 5% of your investments per year. (you shoul... [ More ]

Comment #10

LckyLary — Fri, 20 Oct 2006 01:23:13 GMT

It's really sad that a state has to go through such contortions everytime they add a new game. What's so darn difficult about adding a Pick-4 game? Why didn't they introduce it with their Pick 3? Why is the NC Lottery so slow to do things yet they are the center of attention all the time

Comment #9

Tenaj — Thu, 19 Oct 2006 22:58:26 GMT

Investing 101 - most people need Budget/Save 101

Comment #8

Todd — Thu, 19 Oct 2006 22:01:33 GMT

According to Nancy Pelosi, wealthy is anyone making more than $150,000, so this guy definitely fits that category.

Also, according to Nancy Pelosi, this guy has not been taxed enough. He has not paid his fair share . He would qualify under tax breaks for the rich.

The cars he bought were his decision, so you can't say, well he bought 3 cars, so that money doesn't count as wealth.

Plus, the IRS does not judge wealth or income based upon your whole life. You file taxes annually,... [ More ]

Comment #7

justxploring — Thu, 19 Oct 2006 21:51:04 GMT

Just give me some Botox and Hunt's catsup

Floridian, I know Botox is a poison injected to get rid of wrinkles, but what's that Hunt's catsup for?

As if this guy isn't wealthy now. Todd

I wouldn't turn it down and I'd be jumping up down too. But I don't think this winner is wealthy by today's standards. Did you mean is wealthy? He got $800K less taxes. So he'll only keep about $500K or less. Then he bought a 3 cars. He certainly can't sit back and take it easy on $400K a... [ More ]

Comment #6

floridian — Thu, 19 Oct 2006 14:50:54 GMT

The worst of it all is that no one wants to really define wealthy. By tody's standards $800,000 is just chump change. Its not to me but if you look at the list of the wealthest people in the world not one of them is a millionaire. They are all billionaire's.

There are many in congress who promote this idea of re-distribution of wealth and taxing the rich. What they don't tell you is the re-distribution of someone else's wealth not theirs. And tax the rich, what a joke. Some of the wealt... [ More ]

Comment #5

Todd — Thu, 19 Oct 2006 11:29:48 GMT

I totally agree, taxes are way out of wack.

The ironic thing is that some people will say the taxes are too much on this guy, but at the same time they want to raise taxes on the wealthy . As if this guy isn't wealthy now.

Comment #4

Badger — Thu, 19 Oct 2006 02:02:43 GMT

Once he had the money, minus about a quarter-million dollars in taxes......

If that isn't enough of a crying shame, the poor guy is gonna find out when he does his 1040 at tax time that he isn't done paying on that $800,000 yet. The govt won't let him get away with paying only 31% on that ammount.

Comment #3

Kidzmom — Wed, 18 Oct 2006 18:23:52 GMT

In Roxboro, everybody knows everybody and everyone knows that the Scott's have been working on that restaurant long before he won the lottery. The banks was going to loan him the money to continue. My aunt told me that a week after that man had won, he actually had left town to keep people at bay. Since we don't have a shield law for the lottery, I guess we should all be making plans to hide so to speak before claiming that ticket.

Comment #2

mr twentyone — Wed, 18 Oct 2006 16:44:09 GMT

hey scott am happy for you and your family, but as you know in life that with the good comes the bad, as they say misery loves company any way if you have the time to read more of these tabs, you would see that this is what people were fighting for , your right as a lottery winner to your private life, noe everyone knows you and is suddenly related to you and wants your money, well i say to you to now pull a ludacris and tell them to roll out, roll out , they wernt there when you we... [ More ]

Comment #1

DoubleDown — Wed, 18 Oct 2006 15:45:20 GMT

Scott is spending this October renovating a restaurant beside the Budget Inn in Roxboro, using some of his winnings to open the Boulevard Bar Grill

Good thing he got that concealed weapons permit since this story tells everyone exactly where he is ( renovating the restaurant )

What does it take to get some dam privacy

N.C. Powerball lottery winner had to disconnect phone

Lottery Post — Wed, 18 Oct 2006 11:58:26 GMT

Count Roxboro, North Carolina, resident Willie Scott among the fans of the still-growing North Carolina Education Lottery.

Of course, it helps that Scott still is counting his money.

It's great, said Scott, who recently won $800,000 in a Powerball drawing. It's the best thing because a lot of money was going out of state, but now that money is staying in the state to help with education.

Even with big winners such as Scott claiming life-altering prizes, the lottery has generated... [ More ]