If a sibling of yours won a lottery jackpot, how much would you expect to be given?

Reply #58

L J1 — Thu, 15 Jan 2009 00:31:04 GMT

I woundn't expect anything, and I would be truely happy for them in these times. But.... on the other hand, if I was the winner of lotto 1st prize, I know for sure I would have many people I don't even know asking for a loan... sort of speak, cause I could hide the wealth for only so long. And on top of that, there are some people I would really want to help out, but that's when the winning news gossip takes off.

Reply #57

TheGameGrl — Wed, 14 Jan 2009 03:59:35 GMT

So often its been said to expect the unexpected in life. With that said, Id use such theory in my response.

I *EXPECT* That none of my six siblings would give a dime or any currency if they won. So I'll expect the unexpected with them and say theyd give a dern :)

The irony is...I would give to two of my siblings in a heartbeat, since they still maintain normalcy to some level in caring.

Reply #56

diamondpalace — Mon, 12 Jan 2009 21:54:19 GMT

My siblings are close, so we'll be set for life basically.

Reply #55

rundown99 — Wed, 07 Jan 2009 10:35:58 GMT

I have an idea. Why not just be anonymous by winning the lottery in a state where you can remain anonymous? Set up a will so that when you die, whatever amount of money you want to send out can be given to whomever. After you die, it won't matter how greedy family members or relatives will be, because you will already be dead and they can't argue with how much money you should give them after you die.

Reply #54

mylollipop — Tue, 06 Jan 2009 06:50:11 GMT

I must clarify my choice with the following disclaimer. One brother; would be generous, very generous; another would be sorta generous; and my stingy sister---that says it right---0

Reply #53

thegreatest — Tue, 06 Jan 2009 03:29:40 GMT

If I won, I would give my sister well over 50k, but it wouldn't be all at once. My children come first, and I would like to save as much of the gift tax exclusion as possiable. So they would pay less estate taxes when I pass.

Either way I would buy a house in my name where my sister can live rent free. I would also set up a CRT of 10% of my winnings. A CRT trust MUST pay out at least 5% of the amount donated. If I win 16 million, I would be making a donation of 1.6 million. That would pa... [ More ]

Reply #52

Vergie6 — Tue, 06 Jan 2009 02:32:43 GMT

I have been thinking in terms of if I win how much would I give them because none of them hardly ever play the lottery...lol

Reply #51

bigato1010 — Tue, 06 Jan 2009 02:21:14 GMT

I will let you know when i win lol

Reply #50

Elizabeth03 — Sun, 04 Jan 2009 19:48:57 GMT

My brother nor my nephew would give me that much money, since they are both very selfish and greedy, they like money too much and they like spending it even more, so I wouldn't get very much money from them..

They are not very reliable with most things in their lives..

If I won money on the other hand, I could finally pay off the bills, feel more peace of mind that way, anyway..

Reply #49

PERDUE — Sat, 03 Jan 2009 23:18:12 GMT

If I don't know anything else I know my people. I have family members and relatives. My family is my spouse, my kids, and my grandkid. Kids and grandkid were spoiled by me.

The relatives are all of the other blood related and non-blood related folks.

I can honestly say the relatives wouldn't know I have won since I don't deal with them. And if they found out I still would not deal with them. Should I decide to give anything then it would be because I choose to not because of a sob story.... [ More ]

Reply #48

PrisonerSix — Sat, 03 Jan 2009 15:28:18 GMT

Not easy being in that boat. The only way I'm really able to deal with it is the two of them live in two different cities, neither of which I live in. With my brother and sister, their problem is they both have major god complexes and need to come down off their pedestals. Until then, I have as little to do with them as possible.

Reply #47

grengrad — Sat, 03 Jan 2009 12:08:16 GMT

1. Spending that large a percentage of your winnings on a home is horrible investment planning. Ask any investment advisor if you don't believe me.

2. If you are close to your family, are you really going to be happy living it up in a $7,000,000 house, while your brother or sister struggles to pay their mortgage?

3. $10,000 only seems fair if you are self-centered, or simply don't like that particular family member.

If you give away $400,000 to the people closest to you, that is on... [ More ]

Reply #46

OldSchoolPa — Fri, 02 Jan 2009 16:45:09 GMT

My closest bro (I have 3 but I would only share with one---the third oldest---and perhaps help my oldest bro. start something since he has gotten his life back in order) and I have always said that if we should happen to hit a MegaMillions, Powerball, or large lotto jackpot that we would share it via either a trust or an investment LLC. If less than $5M, then the winner would merely invest into the others business (I am in the financial services business so I would be his investment representati... [ More ]

Reply #45

KY Floyd — Fri, 02 Jan 2009 08:44:14 GMT

You can be used as a general term, as well as applying to somebody specific.

As for how a recipient feels about anything you choose to give them, that's up to them. If they don't appreciate being given 100k, that's just their own personal tragedy. OTOH, if they aren't happy with 100k, how would they feel if you give them less?

There are plenty of people here who don't intend to give much, if anything, to friends and relatives. Those who feel otherwise have apparently thought about it, so t... [ More ]

Reply #44

guesser — Fri, 02 Jan 2009 04:08:13 GMT

plus 'Any family member that says that to you should not be in your life. I wouldn't tolerate it.'

But that's what happens, I know it for a fact, first-hand.

Whatever you 'give' anyone isn't enough, and if you give bro or sis anything, you can bet your butt your second cousins twice-removed will be looking you up, and they probably will be anyway. They will make off-handed remarks about 'I could use $50,000', and follow it up with 'I'm just KIDDING', but trust me, they are NOT kidding, the... [ More ]

Reply #43

JWBlue — Thu, 01 Jan 2009 20:40:25 GMT

Your right. I would have to rethink paying $6-$7 mill on a home. It just shows how ridiculously wealthy someone needs to be to afford one of those homes.

I would probably spend $2-$4 million. That would allow a much better lifestyle.

It would just amaze me how family and even friends would feel entitled to a significant chunk of money I won.

Reply #42

lottalotto — Thu, 01 Jan 2009 19:51:04 GMT

(EXPECTATIONS) WHAT A WORD

Can be such a painful word because it is almost human nature to have expectations, however, is the

reality of expectation built on does my sibling owe me , or is it based on what they could, should or

would do. I agree one should not 'expect' their sibling to share a jackpot, however, I fine it difficult to

believe that one would not feel hurt a little, if that sibling does not even offer to share a piece of the pie ,

allowing a brother or sister to acc... [ More ]

Reply #41

Coin Toss — Thu, 01 Jan 2009 19:18:31 GMT

KYFloyd

I was merely relaying the info. that people that have actually won a jackpot and experienced vampires have stated. How about not shooting the messenger.

As for you saying:

BTW, gift taxes are based on annual gifts, with a lifetime cap. You cangive 100k without to 10 different people without incurring a gift tax.

By the tone of the discussion oin this thread, the point is bewing made that if one was to be lucky enough to win a mulit-million dollar jackpot, $100,000 is going

Reply #40

KY Floyd — Thu, 01 Jan 2009 18:38:33 GMT

That's just one point. another is jackpot winners who have appeared on documentaries

If you're going to base your decisions on what happened to lottery players who have been in documentaries, why would you even play in the first place? The vast majority of people are unprepared to handle sudden wealth, and many jackpot winners have problems after winning. I haven't noticed anybody who posts here saying that if they win they'll be following in the footsteps of Whittaker, Post, Edwards, or any... [ More ]

Reply #39

JWBlue — Thu, 01 Jan 2009 18:13:37 GMT

Any family member that says that to you should not be in your life. I wouldn't tolerate it.

Reply #38

hearsetrax — Thu, 01 Jan 2009 17:57:28 GMT

am in the same type of boat in a sense

but then I hope one day my younger sister will finally pull her out of her and realize that inspite of it all I'm not that nasty and cruel

Reply #37

PrisonerSix — Thu, 01 Jan 2009 15:55:24 GMT

I'm reminded of a joke from an old Three Stooges short. A man asks Larry If I gave you a dollar and your father gave you a dollar, how much money would you have?

Larry answers One dollar.

The man then says You don't know your arithmetic and Larry responds You don't know my father.

A couple of my family members, who are actually doing fine themselves, would say You can't handle that money, give it to me to handle for you and would basically not let me have any unless I grovelled... [ More ]

Reply #36

Guru101 — Thu, 01 Jan 2009 05:49:52 GMT

A lot of people don't even know the gift tax exists. Although, I believe even if they did know, they would still want you to give them a ton of money. To them, it's You'll still have millions! . Ya, sure. Let me give you $500,000 and everyone else. See how long my millions last then

Reply #35

Coin Toss — Thu, 01 Jan 2009 03:49:12 GMT

JWBlue

If it was only that simple.

All too opften the family of lottery winners assume an attitude of , Now that we've won and have millions.....

While the jackpot winner should never have to work again and be set for life, other family members assumes that they too have just retired and are set for life.

That dirty @#$%^%...he won millions and only gave me $10,000 is a pretty common statement.

Reply #34

JWBlue — Thu, 01 Jan 2009 01:00:57 GMT

I am the OP.

To clarify what I meant. Say your sibling won $16,000,000 CASH AFTER taxes. That is an advertised jackpot amount of probably around $50,000,000. A sizeable jackpot. This is an amount anyone SHOULD be able to live VERY comfortably. Where if your sibling gave away $10,000, he or she wouldn't feel it.

If I had a sibling win that amount, I would still only expect $10 K.

First off, if I won that amount, I would go on permanent vacation. Although $16,000,000 is a lot of mo... [ More ]

Reply #33

Coin Toss — Wed, 31 Dec 2008 22:47:51 GMT

harpo55

Dude, if they won amulti-million dollar jackpot, I would expect at the very least$100,000. In my case, I would even have to ask. My brother would justsend a check.

$10,000 is nothing from a multi-million dollar jackpot. Family takes care of family.

OK- a gift of $12,000 is allowed, after that, there's a gift tax. $100,000 less $12,000 leaves $88,000. Let's say the tax on that is 35% (I think it's worse than that, but let's say 35%) - so now the family member giving you the $10... [ More ]

Reply #32

BuyLow — Wed, 31 Dec 2008 22:31:37 GMT

Expect is a strong word but I would hope he would bestow upon me the same amount I would give him should I win. IE: With an $80 million PB win tonight I would give him 1 -2 million after taxes.

Reply #31

Drivedabizness — Wed, 31 Dec 2008 22:22:00 GMT

I think there are some good points being made here.

I would expect up to 10k, not because I think I'm owed, but because I worked in the industry for 20 years and my siblings and I have had the theoretical if I ever get to play/win what would I do discussion? and based on what we've talked about, I think we would do at least a little something for each other.

The question could have been much better worded. If I won $50 mil, I think my brother(s) would probably be just a little PO... [ More ]

Reply #30

KY Floyd — Wed, 31 Dec 2008 22:09:21 GMT

I'm a big fan of cynicism. It's usually more likely to make you right than to make you wrong. Like other generalities, though, it can't be applied too broadly. Yours must be a sad, sad life.

Reply #29

dphillips — Wed, 31 Dec 2008 21:00:21 GMT

harpo55, you mentioned that family takes care of family. In an ideal world -- yes, that would be true. Perhaps, in your family, you do take care of one another and I applaud your family for that.

OK, if you read some of these posts, most of the LP members are willing to share their jackpot winnings with family. However, there are some LP members who report greed among their families, and their expectations of getting something just because they are related.

I see absolutely nothing wrong w... [ More ]

Reply #28

harpo55 — Wed, 31 Dec 2008 16:14:15 GMT

Dude, if they won a multi-million dollar jackpot, I would expect at the very least $100,000. In my case, I would even have to ask. My brother would just send a check.

$10,000 is nothing from a multi-million dollar jackpot. Family takes care of family.

Reply #27

guesser — Wed, 31 Dec 2008 06:55:19 GMT

Until they come to you later, broke, and wanting more.

Trust me, it happens, I KNOW.

Reply #26

AuntiePat — Tue, 30 Dec 2008 11:39:59 GMT

My Brother and I already have plans in place. This is, of course, assuming a large jackpot is won such as any Mega. In his case--he would divide Jackpot into 17 shares and family members would each get 1/17th and he and his wife would get 2 shares each, which takes care of everyone around the Thanksgiving table. In my case--since I have more steps and in laws than he--He and my daughter would each get 9% of the pot, my two step daughters would each get 7% and decreasing amounts thereafter to oth... [ More ]

Reply #25

guesser — Tue, 30 Dec 2008 05:42:44 GMT

Anybody that EXPECTS anything from anybody is just an outright MORON.

Sorry, it had to be said.

Reply #24

PrisonerSix — Tue, 30 Dec 2008 02:04:23 GMT

I would expect nothing from them at all, that's what they could expect from me. If they did give me money, they'd attach alot of strings to it, pretty much act as if they owned me. That is how all of them are, they are all out for themselves and nobody else, and I'm the family black sheep.

If I won, I'd give them nothing as well.

Reply #23

ambelamba — Tue, 30 Dec 2008 00:02:55 GMT

4~5%. That's the amount I expect because that's how much I will give to my sisters. Of course, this applies only to a multi-million jackpot.

Reply #22

KY Floyd — Mon, 29 Dec 2008 20:59:49 GMT

What has happened in the world that people don't know what expect means? If you expect some people to give you a birthday card or gift, does that mean you've got some kind of problematic give me attitude ? The only real questions are how a person's financial situation affects what they give to people, and how you think it will affect them. If somebody is financially well off and buys you birthday presents at the dollar store (if they buy you anything at all), you would be foolish to expect more... [ More ]

Reply #21

lottocalgal — Sun, 28 Dec 2008 12:30:29 GMT

I was just watching my lottery dvds that I made. remember Sandra's sister from millionaire christmas when she asked for about $500,00 thousand dollars. And the other sister thought they'd all won. And then on another show Rusty's family from Overnight Millionaires call themselves a Lottery Family and say we won the lottery, they all constantly have their hands out, Rusty is the support and the family, in my opinion, blatantly expects handouts and not just one. One brother lives rent free in the... [ More ]

Reply #20

Coin Toss — Sat, 27 Dec 2008 22:44:05 GMT

Expect nothing and anything you did get would be gravy .

In the sens of Are you buying or selling? , I wonder how many here would give the same exact answer for either side of such a situation- if they won, or if a sibling won.

By buying or selling I mean one of these scenarios:

Joe: Man I've got to get rid of this car, it burns oil, it's got way too many miles on it, etc....

Charley: I know a guy looking for this exact model, same year even.

Joe: Oh well then! It's got plenty of... [ More ]

Reply #19

Piaceri — Sat, 27 Dec 2008 21:59:31 GMT

I would not expect anything, and I would like to think that my sisters feel the same. Each of us has a responsibility to the familes we created as adults that come before the others. As my children grow to adulthood and begin their families, I would like to think their loyalties would begin with that new family, too.

I do know that each of us would take care of the other should crisis occur. That is what family is for.

To expect that one would give a certain amount to another based on som... [ More ]

Reply #18

AriesDaRam — Sat, 27 Dec 2008 21:50:41 GMT

I wouldn't expect anything, and I wouldn't turn it down either. It's just the two of us. My brother I are close, so he would probably just give me something anyway. He hasn't won the jackpot, but he always buy me things. Although I'm grown married with children now, it hasn't changed a thing. It would just be like an ordinary day

Reply #17

dphillips — Sat, 27 Dec 2008 15:14:40 GMT

Whether the winnings are a small amount or a large amount, no sibling should expect anything unless the sibling is disabled, period!

What in the world has gone wrong with this present generation with the expectation of hand-outs -- just because of one's relationship to another. This 'give me' attitude is too pervasive in our Amercian culture -- and I can't speak about other countries and their cultures.

Finally, what is wrong with purchasing a lottery ticket for your siblings because they... [ More ]

Reply #16

grengrad — Sat, 27 Dec 2008 15:04:32 GMT

The size of the jackpot would obviously make a big difference.

Assuming a Powerball jackpot of $50,000,000, I know I would give my brother $1,000,000.

I checked with my brother and he said he would not give anyone any money, but would buy me a house and car of my choice up to $300,000 in value.

Reply #15

lottocalgal — Sat, 27 Dec 2008 12:40:40 GMT

I wouldn't expect a dime. And probably wouldn't get a dime. I only speak regularly to one sister and she doesnt play.

Reply #14

Uff Da! — Sat, 27 Dec 2008 09:59:21 GMT

Though I would not expect anything, in the event any of my siblings won a major jackpot such as MM or PB, I think they would all likely gift something to each of the other siblings, though I wouldn't want to guess how much. None of us are younger than age 60 and none are likely to be big spenders even with a jackpot win, so I think all would spread it around a bit. Those who don't have a spouse or children would probably give more to siblings than the others, especially if the win were a state j... [ More ]

Reply #13

Shawn67 — Sat, 27 Dec 2008 07:01:17 GMT

I wouldn't expect anything at all. While I would be very happy for them, and would be very envious, I would also realize that it is their money and not mine. If they chose to give some, I would accept it, but at no pint would I ever expect it or demand it, or think that I deserved it.

Reply #12

savagegoose — Sat, 27 Dec 2008 05:16:12 GMT

1st they would have to buy a ticket, and i know they dont. thats why i demand money out of them and play a syndicate with all our names on it. and boy can it be a problem getting the money sometimes.

Reply #11

DC81 — Sat, 27 Dec 2008 01:49:20 GMT

I wouldn't expect anything either and I'd keep my potential jealously all to myself until I got over it, if they wanted to give me a nice gift, I'm not going to refuse it, I'm just not going to start asking for it nor will I change how I interact with them, that includes no suddenly sucking up. Same goes for anyone I know or am related to and I'd hope they'd see it the same way. I'm no more obligated to share it with them (there's only two people I'd feel any sort of obligation to) than they are... [ More ]

Reply #10

GamerMom — Sat, 27 Dec 2008 00:37:31 GMT

I voted 10-50 but i misread the question. I thought it was how much would you give your sibling...I would expect nothing, it's not my winning and I think it's rude for anyone, regardless of who it is, to expect anything.

Reply #9

MaddMike51 — Fri, 26 Dec 2008 22:53:51 GMT

I would hope my brother would remember the times I loaned him money (and the amounts) and he never paid me back.Other than that I wouldn't expect anything.

Reply #8

justxploring — Fri, 26 Dec 2008 22:34:22 GMT

The question was too general. A lottery jackpot could be small or huge.

In any case, let's assume we are talking about millions. In reference to the other comments, I'm not so sure a person shouldn't have some expectations, depending on his personal relationships. If my parents were alive, I certainly would hope they'd try to help out their 3 children, although they don't owe us anything. If they won $100,000 I wouldn't expect much, but you can't take it with you, and people in their 80s or 9... [ More ]

Reply #7

FiLUK — Fri, 26 Dec 2008 22:04:15 GMT

Nothing if my dad won, he'd spend it all on beer, give it away to people in the bar to try and look like a big shot and he'd soon be broke standing in line for welfare.

Reply #6

numbergirly — Fri, 26 Dec 2008 21:50:04 GMT

I would not expect anything but, knowing my sister she would definitly offer me something and what ever that is would be fine with me. It's all done with love and respect for one another. No greed or jealousy comes into play with us and that is what it takes in a situation such as this. When you've had nothing all your life any little thing is greatly appreciated or, at least that's how it should be.

Reply #5

player345 — Fri, 26 Dec 2008 21:50:00 GMT

I heard $12K, is the gift amount now, but that is hearsay as I don't know for sure!

I can answer this question honestly because one of my sisters inherited some money and she gave me nothing! LOL It was hers to do with as she wished! We still speak to this day and there is no animosity.

player345

Reply #4

Timmer692002 — Fri, 26 Dec 2008 21:42:59 GMT

However IF you won, everyone you know and even some you didn't, would be saying they were entitled to some $$$!!

Rather sad, really.

Reply #3

JONNIE — Fri, 26 Dec 2008 21:32:34 GMT

Im pretty sure the gift tax rules state that lotto winners can only give gifts of $10k to friends/relatives. Otherwise, they would probably give too much away and the recipient would become a total freeloading jerk.

Reply #2

ConstantlyB — Fri, 26 Dec 2008 21:21:27 GMT

not one thin dime!!! perfectly put ScaryChick....perfectly put.

Reply #1

ThatScaryChick — Fri, 26 Dec 2008 21:07:04 GMT

Actually, it is beyond me how anyone could expect anything at all. I wouldn't expect anything if one of my siblings won. It would be nice to get something, but in know way would they be obligated to give me any of their winnings if I didn't chip in for the ticket. Just because someones sister, brother, mom, dad, uncle, aunt, best friend, etc. wins some money in the lottery, doesn't suddenly entitle you or anyone else to their money.

ETA: I am also close to my siblings and I still don't think... [ More ]

If a sibling of yours won a lottery jackpot, how much would you expect to be given?

JWBlue — Fri, 26 Dec 2008 20:22:13 GMT

I would expect a small amount. I put $10,000. I am close with my brother and sister. If I was not close with them, I would expect nothing.

It is beyond me how anyone could expect more than this