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Major claim deadline approaching for Illinois lottery winner of $1.337 billion Mega Millions jackpotReply
The only reason to take the lump sum is that you're too close to the jumpin' off point. I mean, really- why take 41.5% right off the top and then pay another 42% in state and federal taxes on the remainder? That would seem foolish to me.
Sep 13, 2022, 9:33 am - play4shekels - Lottery News

North Carolina Lottery winner: "$4 million is not much these days"Reply
He sounds ungrateful and unhappy. If I won $4 million after taxes, I would feel freedom from quitting my job and having the time to travel, start a hobby that I enjoy and share a little with a few charities...all anonymously of course.
Aug 17, 2022, 2:39 pm - LemonDrop - Lottery News

One Illinois lottery ticket wins $1.337 billion Mega Millions jackpotReply
You do understand that our taxes pay for schools, roads, social programs, and many things that profit you every day? Our tax rates are better than more than a few other nations. Why so greedy???
Jul 31, 2022, 10:25 am - Artist77 - Lottery News

One Illinois lottery ticket wins $1.337 billion Mega Millions jackpotReply
I would not collect it in my name definitely would set up a trust then if anyone looks it up they'll say it's the name of the trust but they cannot give the details on the owners of the trust. And also should get a financial planner or CPA to make sure the taxes are all done so IRS doesn't come after you later
Jul 30, 2022, 6:51 pm - NAZ MOM - Lottery News

$1.1 BILLION: Rush of Mega Millions lottery sales prompts officials to raise jackpot estimateReply
Wonder if it could bump up again to $1.36b? According to my back of the envelope math, that'd have a lump sum large enough to allow for a full $500m after taxes. Being a half billionaire sounds fun!
Jul 29, 2022, 12:38 pm - Six balls - Lottery News

$1.1 BILLION: Rush of Mega Millions lottery sales prompts officials to raise jackpot estimateReply
Yeah, except even if one of those tickets hits, your personal take-home after taxes will be somewhere around $7,800. Not exactly worth jumping ship from your current job for a minuscule chance at winning $7,800.
Jul 28, 2022, 5:01 pm - Todd - Lottery News

MEGA BILLION LOTTERY DRAWING FRIDAYReply
How is the Mega billions when it's only 1 billion and if anybody wins it's Millions after taxes.. get out of here with all the hype I'm not buying it
Jul 27, 2022, 10:43 pm - MrLotto$ - Lottery News

Four Wisconsin SuperCash! tickets sold on the same day win $350,000 top prizeReply
Nice win and wouldn't mind being one of the four splitting the money. Even after taxes still better ahead then they were a day earlier.
Jul 8, 2022, 11:05 am - Bleudog101 - Lottery News

Arkansas woman wins largest Natural State Jackpot ever at $520,000Reply
That money will be gone by September. I do not know what a house in Pine Bluff, Ak. goes for but that along with a new car and help for relatives and saving for the future which is something that will not happen as after taxes she is only going to get 300k and change.
Jun 28, 2022, 8:50 am - billybucks - Lottery News

$1 BILLION: Powerball jackpot hits milestone for 3rd timeNews Story
Powerball ticket-buying frenzy this week By Todd Northrop This week lottery players across the United States will be pulling out all the stops to try and win Powerball, featuring one of the largest lottery jackpots in history, worth an estimated $1 billion. The Powerball jackpot has been building for 38 consecutive drawings since the last winner on Apr. 19 , when one ticket from Ohio won a $252.6 million jackpot. The ticket was sold at the Get Go at 265 Highland Road in Macedonia, Oh
Jul 18, 2023, 6:33 am - Todd - Lottery News