Lotto Texas

Reply #5

Just6ntlc — Tue, 10 Apr 2007 15:45:49 GMT

How many rolls did it take to reach $66 million in Texas? I hope the winner steps forward and takes cash option.

Reply #4

CA LotteryGuy — Fri, 06 Apr 2007 19:34:18 GMT

KY Floyd...does that take into account the $25.8 million in sales? At 30% contribution it comes out to about $7.5 million extra or an extra $3.75 miilion for each of two winners. Still a losing propostion.

Reply #3

KY Floyd — Fri, 06 Apr 2007 17:21:13 GMT

That, and the fact that just one other winner would mean losing about $5.5 million.

Reply #2

Bradly_60 — Fri, 06 Apr 2007 15:43:38 GMT

Well the jackpot is still growing....there are only selling less than $5million a drawing. Even after taxes now it would be worth making a profit. But $25 million tickets might not be possible in the time frame you have. haha

Brad

Reply #1

OldSchoolPa — Fri, 30 Mar 2007 00:04:06 GMT

That wouldn't be a very smart move...after you end up paying FEDERAL taxes, you would only stand to gain $4M...that is unless there are multiple matching winning tickets...in that case, you would be screwed...huge loss! Might as well take $5M and head to Vegas...at least, you would still have $20M left over

Lotto Texas

Bradly_60 — Sun, 25 Mar 2007 13:52:39 GMT

This doesn't happen to often in the lottery world but you could buy a win in the Lotto Texas game. There are only 25,827,165 possible combinations while the jackpot is $39,800,000. ($66 million annuity) Anyone got $25 million on them? haha

B-rad