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$1.3 billion Mega Millions lottery winner's family sues him for not sharing jackpot
Family of lottery winner bites back in scathing legal battle; winner changes his story
By Kate Northrop
The $1.3 billion Mega Millions lottery winner sued the mother of his child for revealing the win to his family, but now, his father is accusing him of going back on a promise to share the jackpot.
The family of the $1.3 billion Mega Millions jackpot winner is biting back in court, claiming he went against his word that he would share the lottery winnings.
I told him... 'You are
May 15, 2024, 5:24 pm - Todd - Lottery News
$1.33 billion Powerball jackpot won by one ticket sold in Oregon
I think we got so blinded by the billion dollar jackpots people think that 1M is loose change.
For the second prize winners that live in a state that doesn't tax the lottery that's 630K after taxes.
630K won't necessarily buy you a mansion or a yatch, but 630K can leave someone debt free and a little towards retirement.
630K is not an amount to be frowned upon.
That's my attitude towards the game.
Apr 7, 2024, 12:20 pm - JustMaybe - Lottery News
$975 MILLION: Massive Powerball jackpot increases again
Like they say, you have to be in it to win it
On that note, I got my one PB with PP and my one MM with the multiplier.
Who said that 36M is not a significant amount.
The around 10M after taxes is a lot of money - let's not pretend that our lives can only be changed by 100M
I would still buy a ticket if the jackpots reset at 10M.
Good luck to all.
Mar 31, 2024, 2:04 pm - JustMaybe - Lottery News
Michigan woman finds out through Facebook that she won $1 million Powerball lottery prize
Assuming no other income and using the head of household tax brackets (2024)
Note that: my understanding is that second division Powerball payouts are the full cash amount and not an annuity)
Federal tax = $326,493.40
State tax (6%) = $60.000
Total tax = $386,493.40
Or, cash in the hand after State and Federal taxes ($1,000,000 - $386,493.40 ) = $613,506.60
Mar 14, 2024, 1:41 am - kao1632 - Lottery News
Massachusetts house cleaner finds $1 million winning lottery ticket, gives it to owner
Aaww, such a sweet house cleaner.
As always we do the math for the winners.
State and Federal taxes = 46%
So winner gets to keep 351K.
I would give the cleaner 51K and be left with 300K.
I like to deal with round figures.
Oct 25, 2023, 3:06 pm - JustMaybe - Lottery News
Editorial: Study of lottery winners still receiving food stamps is flawed but raises good points
I really find it hard to believe someone who wins $2 Million Dollars still needs Food Stamps no matter the Taxes and any possible out standing debt the State can collect on your behalf.
I thought that you had to summit Tax Records for 2 years plus 4 months of employment statements at least I did when I became disabled from a double stroke and still got turned down even thought I had not worked in 3 months and waiting on a check from Insurance just based on the documents I summited not where
Oct 24, 2023, 11:32 pm - Onelast8 - Lottery News
$1.76 billion Powerball jackpot won by one ticket sold in California
Lump-sum cash option worth $774.1 million
By Todd Northrop
For the fourth time, someone in the state of California has purchased a winning ticket for a lottery jackpot worth more than $1 billion.
Last night, after 35 consecutive drawings without a winner, the multi-state Powerball lottery game finally produced a winner on the 36th try, resulting in a single ticket worth $1.7649 billion in 30 payments over 29 years, or $774.1 million in cash all at once.
After the historic jackpo
Oct 12, 2023, 7:49 am - Todd - Lottery News
$1.55 BILLION: Powerball continues historic jackpot climb
Well, well, well.
I have my ticket ready.
If I win tonight, I will wait till the first week of January 2024 to claim my winning.
That way I will have 15 extra months to invest the additional taxes of $88,336,955 that will be due at tax filing time in very safe Treasury Bills.
Am squeezing every penny out of the winnings.
I wish us all luck
Oct 9, 2023, 5:05 pm - JustMaybe - Lottery News
One ticket sold in Florida is sole winner of $1.58 billion Mega Millions jackpot
I had my two MM tickets QP - matched zero digits
But we never give up - consistency, we were told, pays off at some point.
Got my tonight PB ticket and my Friday MM ticket.
Since when was 20M cheapskate?? I will have 6.2M after taxes.
Good luck to all with PB tonight.
Aug 9, 2023, 1:23 pm - JustMaybe - Lottery News
$900 MILLION: Powerball jackpot rises, but sales miss in last draw makes for small increase
Hi everyone,
I'm new to this website. It's crazy if you Win the Jackpot for about $900 million dollars and if you if take the lump sum it's barley touches $300 million dollars after taxes
Don't get me wrong it's still a lots of money but wishes it was like Canada where you actual received the actual advertise jackpot.
I know a lots of you will say oh I be happy if I Win $1 million well good for you. I play the lottery to Win Big One because live is to short to be a Mediocr
Jul 16, 2023, 1:32 pm - Nhan - Lottery News