Mega Millions: $168M Christmas Eve lottery jackpot

Comment #31

HaveABall — Fri, 24 Dec 2010 19:37:58 GMT

Heads up ... this applies to us future multi-millions $ lottery jackpot winners:

- Our current U.S.A. President, Barack Hussein Obama, and his administration has spent the last 6 months writing and saying that they intend to INCREASE the qualified dividends and long-term capital gains rate to a whopping 20% in year 2011!

- Our current U.S.A. President, Barach Hussain Obama, and his administration has spent the last 6 months writing and saying that they intend to INCREASE the Federal Maximu... [ More ]

Comment #30

Guru101 — Fri, 24 Dec 2010 06:18:42 GMT

Winner from Indiana. That's what I read.

Comment #29

Genome — Fri, 24 Dec 2010 02:53:02 GMT

In Massachusetts, we have 60 days to decide on a payment option. If you dont choose within that time, its automatically annuity. We also have a full year to claim the prize from the drawing date.

Also, last time MA won a major jackpot was in 1999 and 2004. I think were due again, or another state that hasn't won at all might win.

Comment #28

ttech10 — Thu, 23 Dec 2010 22:23:23 GMT

I wish that's how it was here but we have to decide at the time of purchase. I guess it does help if you want annuity and want to wait a while to claim (since most states only allow annuity within the first 30-60 days), but I'd rather be free to decide how I want to collect after I've won.

Comment #27

Hermanus104 — Thu, 23 Dec 2010 21:25:35 GMT

Ah, I see.

Comment #26

RJOh — Thu, 23 Dec 2010 18:30:17 GMT

In Ohio we have up to sixty days after the drawing to decide if we want cash so all I have to think about now is winning. If I don't win then I don't have to decide.

Comment #25

ttech10 — Thu, 23 Dec 2010 18:24:27 GMT

Same here, the clerk that almost always sells me my tickets knows what I usually choose so when I said cash yesterday she kinda froze for a second since she's so used to hitting the annuity option.

When the pot gets big I also start thinking about collecting myself, without a trust or anything, just so I can go through a big thing and since I'd be getting such a huge amount I could move to a better area right away, which would help limit those who could contact me. Of course I still don... [ More ]

Comment #24

dpoly1 — Thu, 23 Dec 2010 14:54:55 GMT

After 35% Federal Taxes, you would net about $69.55 Million!

A nice ROI of 69,550,000% for me ......... I am only spending $1!

I hope it is one ticket and one person that wins!

as for me ........... I do know what to do with the cash if I win ..........

Comment #23

savagegoose — Thu, 23 Dec 2010 09:20:50 GMT

yeah it is crazy to think you are gonna win it all

becaus eim going ot win it all bwaaaa haaa haaaa

Comment #22

ttech10 — Thu, 23 Dec 2010 08:34:39 GMT

Yea that thought came to mind, kind of a good luck charm.

Just wasn't sure if maybe I had missed something, haha.

Comment #21

HiFi — Thu, 23 Dec 2010 07:39:15 GMT

hes saying that cuz look at his location, hes in indiana. haha

Comment #20

ttech10 — Thu, 23 Dec 2010 06:36:39 GMT

I think you may have looked at the wrong thing?

This was about MegaMillions, which isn't drawn tonight, and I don't think anyone won the PowerBall.

Now I'm thinking how weird it will be if someone from Indiana does win on the 24th...

Comment #19

Guru101 — Thu, 23 Dec 2010 03:34:32 GMT

Welp, looks like the winner is from Indiana. Congratulations to the winner.

Comment #18

Genome — Thu, 23 Dec 2010 03:23:01 GMT

I always said Id take the annuity, but when its this large I'll take the cash option. If I win, I'd be taking 74.9 Million after taxes. I wouldn't know what to do with all thats. Its crazy to think that I could win it all on christmas eve.

Comment #17

Todd — Thu, 23 Dec 2010 00:33:05 GMT

Thank you, the article has been fixed.

Comment #16

ttech10 — Thu, 23 Dec 2010 00:22:11 GMT

The ticket WAS printed on Christmas Eve though (I know that's not what the article was saying but thought I'd throw that out there, since it would still be a Christmas Miracle since the numbers were printed before Christmas).

Comment #15

Hermanus104 — Wed, 22 Dec 2010 23:19:21 GMT

Good article, but there was no Powerball drawing on Christmas Eve last year - Christmas Eve fell on a Thursday. The Christmas Miracle drawing referred to in the article actually took place on the day AFTER Christmas.

Comment #14

Stack47 — Wed, 22 Dec 2010 21:19:30 GMT

What would be better is having 4 or 5 winning tickets and maybe one of those being a lottery pool. Don't get me wrong, I would gladly accept $60 million after taxes, but why not spread the holiday cheer

Comment #13

petergrfn — Wed, 22 Dec 2010 21:06:36 GMT

This will be an Awesome Christmas Present for someone...(HOPEFULLY YOURS TRUELY!!) It would make a Great Christmas.....and an Nice New Year also! I would celebrate my New Years in the Bahama's or in Hawaii maybe..... Don't worry LP I would send a nice video Post Card of Me on the beach...LOL

Comment #12

shelby50 — Wed, 22 Dec 2010 20:48:28 GMT

Yeah, I only buy with my co-workers when the jackpot is 100 mil or above.

Comment #11

PERDUE — Wed, 22 Dec 2010 20:29:26 GMT

I love the subtle programming hints to motivate ticket buyers to buy-by-bye......

Aint mad at them. If it works then the states can say HO! HO! HO! MERRY CHRI$TMA$!

To the jackpot winner, congratulations and what a wonder Christmas present. You deserve it.

To be honest I would not be surprised if the jackpot rolled over to New Year's eve. What a way to end the year..

OOOOOOOOOOOOOOOO YEAAAAAAAAAAAAHHHHHHHHHHH

Comment #10

Abdi — Wed, 22 Dec 2010 20:14:03 GMT

This jackpot amount could not have had come at a better time than this! I guess one american player could away with it!

It could be you!!!!!!!!!!!!!it could be you!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

It could change your life

Comment #9

hearsetrax — Wed, 22 Dec 2010 17:59:45 GMT

@ both DETlotteryplaye and joshua cloak

its Xmas squabble about it after ya win ......

as for me ..... I'd be very happy just to see it go to anyone of us here so long as it was put to good use

besides the goverment hasn't totally destroyed us YET ..... count yer blessings

Merry Hexmas to all and humbug new year

Comment #8

DETLotteryPlaye — Wed, 22 Dec 2010 16:13:54 GMT

awesome

Comment #7

joshuacloak — Wed, 22 Dec 2010 15:48:05 GMT

i love people who don't read what i say

if you FREAKING READ my post, i even said quote

with 69 million cash invested in stocks, ,that's even atfer tax's 35%!

i said, i have 69M to invest ATFER 35% , thats ATFER max fed tax rate,

next time, try talking to someone who does not read usamega jackpot Jackpot Analysis

i like to think of my self as a Professional invester, as i have already done the research and could beat easy annuity payments

only thing the annuity payments... [ More ]

Comment #6

DETLotteryPlaye — Wed, 22 Dec 2010 15:41:53 GMT

They will with hold 25% for taxes, that is a federal requirement so it's true for all states but that in no way accounts for all of the taxes you will owe. Come April 15th, you'll likely to have to pay at least another $10 million if not more in taxes in addition to the $23 million they with held from you.

A lot of jackpot winners that were foolish enough to not solicit professional advice wound up having to negotiate with the IRS.

Of course, the annuity is effectively a tax deferred... [ More ]

Comment #5

joshuacloak — Wed, 22 Dec 2010 15:04:34 GMT

first off, anyone who takes the 26 year payout is a Sucker, 1 the govt spending trillions they don't have, and the dems want rich people money, you trust them with your future as a rich person, your a nut

2nd, any person with a brain can make more money, for the rest of their lifes by taking the cash now, and investing it into,

Dividend Paying Stocks

i know of tons of great stocks rangin form 5 to 10%, fyi, dividend payments are taxed much lower then income 35% rate, try 15% max... [ More ]

Comment #4

DETLotteryPlaye — Wed, 22 Dec 2010 14:18:31 GMT

Guess Ill buy me two tickets

and if I win I'm taking the 26 Year Period not the lump sum

Comment #3

APOBABOY — Wed, 22 Dec 2010 13:58:15 GMT

Im dreaming of a $168m Christmas

Comment #2

dpoly1 — Wed, 22 Dec 2010 13:38:55 GMT

I am hoping that it will be a great bank account stuffer!

69,000,000% ROI after taxes

Comment #1

sully16 — Wed, 22 Dec 2010 13:07:54 GMT

What a great stocking stuffer.

Mega Millions: $168M Christmas Eve lottery jackpot

Lottery Post — Wed, 22 Dec 2010 12:47:51 GMT

Just like last year's 'Christmas Miracle'?

By Todd Northrop

Lottery players across the United States are buying their Mega Millions tickets in preparation for Friday's massive $168 million Christmas Eve drawing.

The lump-sum cash value stands at a staggering $107 million.

For gift-givers who enjoy giving loved ones and friends lottery tickets, the Friday Mega Millions drawing may make a good gift, as the recipient can instantly see if they have won. On the other hand, should nobody w... [ More ]