Kentucky man out of debt for the first time in his life, thanks to $150,000 lottery win

Comment #12

Artist77 — Thu, 07 Mar 2024 11:21:08 GMT

Exactly. And a lot of people do not realize we have graduated tax brackets, not flat rates, and it takes into account all income.

Comment #11

Artist77 — Thu, 07 Mar 2024 11:17:21 GMT

Overdue property taxes????? He paid off his mortgage.

Comment #10

Todd — Thu, 07 Mar 2024 11:16:53 GMT

That was for taxes, and frankly because it's only 28% of the original prize, he will undoubtedly owe some more taxes on the prize by April 15th of next year.

Comment #9

DELotteryPlyr — Thu, 07 Mar 2024 09:58:40 GMT

I prefer the Big Mac over the whopper

Comment #8

ekem6078 — Thu, 07 Mar 2024 04:09:34 GMT

Congratulations. Wow. It must feel really good to be debt free. Congrats again

Comment #7

Bleudog101 — Thu, 07 Mar 2024 01:01:52 GMT

Math is not my forte but years ago had sent KLC a message about if I won Cashball 225, what would my net be? They said $171K (prize is $225K). Not an answer to your question. Waiting on KY Floyd on this one, he is very smart about this stuff

Comment #6

destinycreation — Thu, 07 Mar 2024 00:35:00 GMT

QUESTION : Is the $42,000 that he paid off the top, the Federal and State INCOME TAX on $150,000 , or is it possibly his overdue property taxes , or is it the amount of mortgage he paid off ? I am asking b/c a $42,000 chunk out of $150,000 is a lot of money loss.

Comment #5

hearsetrax — Wed, 06 Mar 2024 23:22:08 GMT

I agree, hope he catches a whopper

Comment #4

Artist77 — Wed, 06 Mar 2024 23:18:36 GMT

I love that he had such good financial sense. He deserves to enjoy his fishing.

Comment #3

goldfish777 — Wed, 06 Mar 2024 16:56:30 GMT

Congratulations, what a relief it is to have a huge debt wiped off your chest! I can't wait for that to happen to me

Comment #2

PrisonerSix — Wed, 06 Mar 2024 14:21:27 GMT

I'm happy for him too. A smaller win may not set someone for life, but it can put one in a position so they don't have much to worry about.

Congratulations to him.

Comment #1

Bleudog101 — Wed, 06 Mar 2024 13:57:56 GMT

So happy for him. I know paying off your mortgage is the best feeling in the world.

When KLC puts this on FB, which they will, the haters will come out. Usual comments 'always Louisville', and then get so bold as to say it is never the south end of Louisville. To me it seems most come from Covington area up by Cincinnati, but who cares

Kentucky man out of debt for the first time in his life, thanks to $150,000 lottery win

Lottery Post — Wed, 06 Mar 2024 12:57:16 GMT

A Kentucky man was reduced to tears after winning a six-figure lottery prize that paid off his mortgage and all his other debts.

While he was checking out on February 9 at a store in Louisville, Charles Stallard decided to add one more item to his shopping cart: a lottery ticket that can pay fifty times the cash amount that's revealed.

Stallard scratched off the $5 ticket in his truck, revealing a 50x symbol meaning the listed winning prize on his ticket would get multiplied by 50.

W... [ More ]