Life after winning the lottery

Comment #42

psykomo — Mon, 12 Nov 2012 18:21:47 GMT

Comment #41

Saylorgirl — Mon, 12 Nov 2012 17:43:38 GMT

Have you never heard of Hoosier Hospitality

Comment #40

mcginnin56 — Sun, 11 Nov 2012 13:59:32 GMT

A budding financial planner in the making

Comment #39

OldSchoolPa — Sun, 11 Nov 2012 12:59:51 GMT

Very simple...the $41.5 million figure was the annuitized jackpot amount the lottery always advertises. They chose the lump sum amount which would have been half the annuity amount (~$20 million). After federal and state taxes, their take home, or net, winnings was the $13 million figure. It is the same as someone having a gross salary of say, $70,000 gross but only having take home (net) pay of less than $42,000 after all taxes and deductions are factored in.

Depending on one's lifestyle, c... [ More ]

Comment #38

mcginnin56 — Sun, 11 Nov 2012 06:04:02 GMT

A PM with your copy from a local hospital would be just dandy Saylorgirl!

I appreciate your taking the time to clear up this important matter and put all doubts to rest.

I didn't realize you Indianans were such a friendly and cooperative bunch.

Comment #37

Saylorgirl — Sun, 11 Nov 2012 04:22:52 GMT

Well . . I couldn't find the original Birth Certificate so would a copy of one from a local hospital be sufficient?? Of course I have heard some rumblings I could have been born in Ohio (horrors!!) but those are just rumors

Comment #36

Ronnie316 — Sat, 10 Nov 2012 23:17:21 GMT

Im sure all is well in sleepy land.......

Comment #35

mcginnin56 — Sat, 10 Nov 2012 22:35:00 GMT

She must be still sleeping.

Comment #34

Ronnie316 — Sat, 10 Nov 2012 22:31:13 GMT

Let us see.........

Comment #33

Ronnie316 — Sat, 10 Nov 2012 22:30:07 GMT

Good work comrade, make sure we get the low down on this matter.......

Comment #32

Ronnie316 — Sat, 10 Nov 2012 22:21:25 GMT

Thank you for your hard fought comittment to truth in advertising,,,,,,,,,,

Comment #31

mcginnin56 — Sat, 10 Nov 2012 22:11:42 GMT

We shall see if Saylorgirl follows through on her claim.

I will keep all members and interested parties advised of this fluid situation.

Comment #30

Ronnie316 — Sat, 10 Nov 2012 15:12:50 GMT

A birth certificate would go a long way in substantiating these outrages claims.......

Comment #29

Ronnie316 — Sat, 10 Nov 2012 14:57:37 GMT

Im not sure how $41.5 million amounted to $13 million after taxes ????? But even with 13 million a wise money management strategy would do away with the need for making money

Comment #28

OldSchoolPa — Sat, 10 Nov 2012 14:30:55 GMT

I actually think they made the smart, right decision to purchase a potential money making marina rather than a money draining yacht. The only way you can make a yacht a money maker is to open up a diving/fishing outfit, but to just own a yacht for personal use is a money drain. I would much rather own something that has the potential to make me more money and rent my fun (i.e. jet ski, snowmobile, yacht, etc.). Keep that in mind and they are living proof that that line of thinking is what has al... [ More ]

Comment #27

mcginnin56 — Sat, 10 Nov 2012 12:55:45 GMT

Hmmmm...........maybe an empty beer bottle from one of your 7-11 stores would suffice.

Comment #26

helpmewin — Sat, 10 Nov 2012 12:53:16 GMT

would a water bill or elect bill be sufficient

Comment #25

Piaceri — Sat, 10 Nov 2012 12:49:57 GMT

Sounds like they've done everything right, in particular buying the marina rather than the yacht. If they were a younger couple at the time of winning, it only makes sense to make the investment in something that will not only keep them busy until retirement time, but also give back to the community in the form of jobs. If they had children still at home, double bonus in teaching them hard work and pride in ownership rather than sitting on their butts with video games and toys. Hearty congratula... [ More ]

Comment #24

mcginnin56 — Sat, 10 Nov 2012 11:53:02 GMT

I believe you Saylorgirl!

But just for my peace of mind, could you please PM me your birth certificate.

LP should be extremely proud to have such a great member in their ranks

Comment #23

Saylorgirl — Sat, 10 Nov 2012 11:22:59 GMT

I am a citizen of Indiana and I have the birth certificate to prove it!! Proud and great are subjective and can change from time to time.

Comment #22

mcginnin56 — Sat, 10 Nov 2012 00:18:29 GMT

That's good enough for me

Comment #21

helpmewin — Sat, 10 Nov 2012 00:06:37 GMT

i've pop in out a time or 2 ...

Comment #20

mcginnin56 — Fri, 09 Nov 2012 23:35:40 GMT

I'm assuming you are a proud citizen of the great state of Indiana?

Thanks for for that generous scoop helpmewin!

I will take your advice, and buy from CA and NY for now on.

Comment #19

sully16 — Fri, 09 Nov 2012 22:20:15 GMT

Sounds like they are happy.

Comment #18

helpmewin — Fri, 09 Nov 2012 21:50:59 GMT

i'm sorry

Comment #17

Ronnie316 — Fri, 09 Nov 2012 21:06:29 GMT

I'm sure it made for a fine show too..... I hope they got paid for their appearances....

Comment #16

Ronnie316 — Fri, 09 Nov 2012 21:04:42 GMT

I think the whole point that the lottery office is making is a somewhat convoluted yet valid point......

They had a million in assets even if it was for a brief imaginary moment......

Comment #15

dallascowboyfan — Fri, 09 Nov 2012 21:03:53 GMT

I believe the Foote family was on Lottery Changed My Life....

Comment #14

Ronnie316 — Fri, 09 Nov 2012 20:55:41 GMT

Im glad to find out I'm a millionaire........ Perhaps I should be paying higher taxes.......

Comment #13

HaveABall — Fri, 09 Nov 2012 20:53:49 GMT

Thanks, in advance, Saylorgirl. LOL

Comment #12

Ronnie316 — Fri, 09 Nov 2012 20:53:05 GMT

Perhaps you have the scoop and just dont know it..... Like peace of mind, no worries, so few bills.....

Comment #11

Saylorgirl — Fri, 09 Nov 2012 20:48:58 GMT

I have lived in Indiana my entire life and I am still looking for the inside scoop!! I will tell you when I find it

Comment #10

HaveABall — Fri, 09 Nov 2012 19:48:15 GMT

, Stack47. You truly understand the crucial difference between a person/household becoming a post-U.S.A. Fed, State, and County Income Taxed, net: tens-of-thousandsaire, hundreds-of-thousandsaire, one-millionaire, multi-millionaire, and the BEST-case scenareo a NET $5M+ millionaire lottery gambler solo or household winner.

Kudos to these survey participants, it was great to receive their winer's hindsite solo and household beliefs and conclusions.

Comment #9

helpmewin — Fri, 09 Nov 2012 17:35:12 GMT

Maybe i can give you a scoop,, buy your tickets any STATE other than indiana

Comment #8

helpmewin — Fri, 09 Nov 2012 17:28:39 GMT

yeah forsure,, It's been 13 great years since that day in September 1999,,

indiana can't find a Winner, Something more recent, anyways Congrats !to Barb Roy Hamer.

Comment #7

Stack47 — Fri, 09 Nov 2012 16:27:49 GMT

The Foote family of Vincennes became instant millionaires just last year. They won $2.6 million

And all their long lost relatives and friends probably showed up on their doorstep, but then found out it's only $37,000 a year for the next 50 years. They could some day be millionaires if they deposited their yearly check for the next 27 years and never withdrew a penny, but that's not likely. Using lottery math, any employer paying an average yearly wage of $50,000 can honestly say, they'll cre... [ More ]

Comment #6

RedStang — Fri, 09 Nov 2012 16:13:10 GMT

Toilet cleaning diamond?? Must be a new as-seen-on-tv product.

Comment #5

Ronnie316 — Fri, 09 Nov 2012 15:15:40 GMT

I think I would skip the Marina and just buy the Yacht.

Comment #4

Original Bey — Fri, 09 Nov 2012 15:05:40 GMT

Dumb luck brought you the win.

Smart decisions made it a happy 13 years

Congratulations on both

Comment #3

TheGameGrl — Fri, 09 Nov 2012 14:45:28 GMT

Very wise for none of them to reveal any big splurges, Best to appear modest in their investments.

Enjoy the real life folks who maintain normalcy after the win.

PLeased to know their is goodness in winners

Comment #2

jamella724 — Fri, 09 Nov 2012 14:40:11 GMT

That was 13 years ago...but still they couldn't forget that day they when they found out they won Powerball jackpot. So lucky, so happy and so nice to know that a couple became millionares. $41.5 million was a very huge amount that time...

Comment #1

mcginnin56 — Fri, 09 Nov 2012 12:55:02 GMT

Yep, Indiana is the new hot spot for Mega-Millionaires. Wish I knew someone from that state, so I could get the inside scoop

Life after winning the lottery

Lottery Post — Fri, 09 Nov 2012 12:49:03 GMT

Haven't we all dreamed about winning the lottery at least once? It happened to Roy and Barb Hamer of Leesburg, Indiana. They hit the jackpot and it was BIG.

Barb says we checked our ticket, my eyes went blank, he looked at it and said, 'oh, my god! they all match!'

There was some initial confusion over how much money they won.

We thought, we'd only won ten million. We thought we were poor millionaires, Barb Hamer said with a laugh.

But in fact, the Hamers won $41.5 million playing... [ More ]