Retired auto worker, 2 children claim $314M Powerball lottery jackpot

Comment #30

dingo — Wed, 19 Sep 2007 05:02:23 GMT

Nice thought, you got there.

You have a better chance to ask Jack Whittaker. He won the same amount. He's lonely.

Comment #29

psykomo — Wed, 19 Sep 2007 02:08:56 GMT

2nd>>>D>>>motion

car-family>>^^^^^^

PSYKOMO

Comment #28

computerhead723 — Tue, 18 Sep 2007 06:47:27 GMT

What I said was ;;;;

the lottery are State run and state controled (in part) and the Government is You and me and all of its citizens .....so we do have a right to complain......and to make new laws concerning the lottery I stand by my words ...state run operations like the lottery

may make new laws diffficault but it is our lottery and we can change the rules for the better............

Comment #27

Guru101 — Sun, 16 Sep 2007 15:55:48 GMT

Wait, you're telling me you don't think someone shouldn't play a game if they don't like the rules? That just doesn't make sense. They know the rules, they should either be happy with them or not, and if they don't, they shouldn't play. Not everyone can be pleased. It's just simple logic. Also, when in my previous post did I say the annuity option is better than the cash option? I didn't. You said you want your money now, but I would guess you are 35 or older. Someone much younger, for example,... [ More ]

Comment #26

computerhead723 — Sun, 16 Sep 2007 02:45:18 GMT

well I dis-agree with the assumtion that if you don't like the RULES OF THE GAME , AND YOU DON'T AGREE WITH THE GAME ........don't play ;

the lottery are State run and state controled (in part) and the Government is You and me and all of its citizens .....so we do have a right to complain......and to make new laws concerning the lottery ...I always hated some new lotterys like Mega who pay out o... [ More ]

Comment #25

Guru101 — Sat, 15 Sep 2007 19:46:35 GMT

People should automatically assume that the advertised jackpot is the annuity amount, so it's not false advertising. It even states on the PowerBall website that the annuity value and cash value are 2 distinct prize options and because it's your option which prize to take, you really having nothing to complain about and there is no cheating of the player. There's also the third option: DON'T PLAY. If someone is going to complain about a game and it's rules, then that person shouldn't even play a... [ More ]

Comment #24

justxploring — Sat, 15 Sep 2007 19:07:48 GMT

I agree with both of you. Yes, interest rates are a bit higher, but I don't think that's the only reason. Isn't another reason the lump sum value is lower because PB changed the structure from even payments to gradual increases? That makes a big difference because the annuitant gets a much smaller check every year and, therefore, more money stays in the pot making it grow. So the final amount after 30 years is higher but the initial amount is considerably lower. IMHO this is cheating the pla... [ More ]

Comment #23

Guru101 — Sat, 15 Sep 2007 16:48:12 GMT

It's not misleading. You get the prize you choose. You're trying to say that because Jack Whitaker's cash value was $170M and this one was $146M, that the cash value has gone down, but that's not true. It is the interest rates that have gone UP. The cash value is determined first, then they calculate the annuity value. So now, PowerBall can offer a higher annuity prize with less cash than it could 5 years ago.

Comment #22

KY Floyd — Sat, 15 Sep 2007 04:09:56 GMT

The difference between this PB jackpot and Jack's is far bigger than those numbers suggest. These people and Jack both chose the lump sum. They're getting about 146 million before taxes and Jack got about 170. Yet another excellent example of how misleading the annuity value is.

Comment #21

Guru101 — Sat, 15 Sep 2007 03:36:44 GMT

This one was $314.3M, Jack Whitaker won $314.9M.

Comment #20

LckyLary — Sat, 15 Sep 2007 03:02:32 GMT

314M - isn't that the exact (annuity value) amount JW won? Someday all of you will be over 65 so you'll enter into the high winning bracket yourself, and by then maybe the jackpots will be over a billion

Comment #19

sirbrad — Fri, 14 Sep 2007 12:21:39 GMT

Finally someone smart enough to actually quit their job, or at least admit to it. I was expecting We will keep working like complete fools, and nothing will change much. It is a lot of money, but not a lot of money...

Comment #18

JackpotWanna — Fri, 14 Sep 2007 11:21:55 GMT

I hope you feel better.

Comment #17

awwcrap — Fri, 14 Sep 2007 01:16:34 GMT

Stories like that makes me happy,,I hope they don't run into people begging for money,,so they can buy a house.

Guess what fellow LPer's, I got food poisoning from the cafeteria at my place of employmentI know foodpoisoning has nothing to with this story,,but i had to share this with my LP family, heh heh

Comment #16

DoubleDown — Thu, 13 Sep 2007 21:03:50 GMT

Comment #15

fja — Thu, 13 Sep 2007 20:58:44 GMT

Did you hear. He is waiting for CA supper lotto to go into sudden death . Then he will by all the tickets and step forward......

Comment #14

RJOh — Thu, 13 Sep 2007 14:40:25 GMT

It was not only pointed out by an LP member but also by a local news reporter since it had happened before. Before Ohio had MegaMillions, a lot of the people buying PowerBall tickets in Richmond were from Ohio.

Comment #13

AuntiePat — Thu, 13 Sep 2007 14:12:59 GMT

Wasn't it someone on this board who pointed out last week that the vendor was in a border area so the winner could very well have been from another state or a traveler passing through. Looks as though we have good intuitions (for everything but the winning number--LOL

Comment #12

wizeguy — Thu, 13 Sep 2007 13:24:20 GMT

Congrats to the Coterel family! Enjoy your winnings and do things you had only dreamed about. Another one for the QuikPiks

Comment #11

JackpotWanna — Thu, 13 Sep 2007 12:11:33 GMT

I am hoping he has a big heart. Sharing his food, giving me a nice bed. Wouldn't be bad cleaning his BMW. Maybe he will let be go on a test ride. lol

Comment #10

computerhead723 — Thu, 13 Sep 2007 11:00:07 GMT

Notice also t hat the winning numbers are sold near the border of the state line;

Now......people who run state lottery's wouldn't cheat the citizens in the larger cities or the vast section of the state ( who support the lottery in the Millions of dollars) out of a large win would they ??????????People from all over the state got tickets and lost every dime -yet ....the winners show up on a... [ More ]

Comment #9

mylollipop — Thu, 13 Sep 2007 07:25:30 GMT

Just love stories like these

Comment #8

sirbrad — Thu, 13 Sep 2007 07:09:29 GMT

Seems like the lottery is leaving out how many tickets people actually buy a lot lately. I highly doubt one, which is what the lottery would like you to believe. I am willing to bet most winners are getting 40-100 at least, not 1-5 even if it is possible to win with one ticket. Oh and it seems that anyone under 65 rarely wins much anymore.

Comment #7

superbama — Thu, 13 Sep 2007 05:43:42 GMT

Is the reporter Canadian cause I'm pretty sure they do not use kilometers in Ohio

Comment #6

justxploring — Thu, 13 Sep 2007 03:01:56 GMT

Why would you want to live with a multi-millionare who would make you sleep on the floor, starve you and ask you do chores?

I know the world is going to turn upside down

Absolutely. So much more realistic than the winners who say Everything is going to be the same. Maybe I'll buy a new lawnmower.

Comment #5

Guru101 — Thu, 13 Sep 2007 01:28:39 GMT

Even if she would say yes, that would never happen. I'd be happy winning $1M, but I wouldn't mind winning tonight's Hoosier Lotto drawing for $46.5M.

Comment #4

Stack47 — Thu, 13 Sep 2007 01:25:35 GMT

How many emails did you send to Lynn Hiles asking her to marry you

Comment #3

Guru101 — Thu, 13 Sep 2007 00:46:26 GMT

Congratulations. Hopefully, I'll have my turn soon.

Comment #2

JackpotWanna — Thu, 13 Sep 2007 00:31:51 GMT

Please adopt me. I don't eat much. I sleep on the floor. I always do my chores without complaint.

Comment #1

DoubleDown — Thu, 13 Sep 2007 00:16:55 GMT

Congratulations to the Coterels !!

Good things happen to good folks.

Retired auto worker, 2 children claim $314M Powerball lottery jackpot

Lottery Post — Wed, 12 Sep 2007 21:32:00 GMT

A retired auto worker and his two adult children claimed a $314 million Powerball jackpot Monday after waiting two weeks to step forward.

I know the world is going to turn upside down, said David Coterel, 65, of Riverside, Ohio. Coterel's daughter, Lynn Hiles, 46, said she has quit her job as a postal worker in Dayton, Ohio. Her 42-year-old brother, David Coterel, recently took a buyout from his job at an auto parts plant.

Neither has any children, and their mother, Dorothy, died of canc... [ More ]