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$910 MILLION: Mega Millions lottery jackpot making another historic run
I guess at this rate one would need three or four different financial advisors. The first one is going to advice you. The second one is going to verify the advice of the first one. The third will verify the advice of the first and second. And so on and so on Should I happen to win any major jackpot, I will go with the lump sum, give to Caesar what belongs to Caesar and enjoy the left overs. The only major financial advise to lower your tax bill that I see is always to ta
Jul 28, 2023, 1:18 pm - JustMaybe - Lottery News

$1 BILLION: Historic Powerball jackpot draw set for Monday
I might not have understood you right. Even though picking the cash option would give you perfect anonymity, if you win the lottery in Texas, your plan is to take the annuity since you're anxious about managing the after-tax lump sum. If only there were a team of people you could pay or have on retainer who's main profession is to manage their client's estate. /S Personally, I'd go with law firm Davis Polk Wardwell due to: Law Firm of the Year in 2021 Davis Polk War
Oct 31, 2022, 10:17 am - paymentplan-man - Lottery News

$1.76 billion Powerball jackpot won by one ticket sold in California
I see that many of us share similar strategies regarding the amt of tickets we purchase as it pertains to MM and PB. We buy our tickets ( 1 w/ pp or mp ) per every 100 mil based on the annuity but, that gets expensive and even embarrassing when the jackpot gets over say 500 mil I try to convince my fellow partners in crime ie family, to no avail, that we should base it on the cash value instead. If we only knew how much $$$ we've spent on that elusive jackpot dream we could have fin
Oct 13, 2023, 7:21 pm - ShagE3 - Lottery News

$1.55 BILLION: Biggest Mega Millions jackpot ever to be drawn Tuesday
Oh well, here we go again. I invested 9$ in the last draw - 3 lines with MP. Did not match even a single digit But who are we to give up - never say never. So the next drawing the prize is ..... $ 1,549,999,991 plus my $9 = $1,550,000,000. You and me are all entitled to win because we put our $$$ into it. Never disqualify yourself. I have always been a Cash Option fan, but the Annuity is so tempting. At 40 years, if I consistently eat my fruits and vegetables - I
Aug 5, 2023, 6:02 pm - JustMaybe - Lottery News

Major claim deadline approaching for Illinois lottery winner of $1.337 billion Mega Millions jackpot
In Texas we have to choose when buying the ticket if using a playslip. At one time IRS rules required the selection to be made within 60 days, but IIRC failing to decide got you the cash so that it was all taxable th first year. Those rules have changed but apparently some states haven't caught up yet. Why are the taxes higher when taking the lump sum? Because not all of your annual income is taxed in the highest bracket. Just to make it really simple, the federal tax on the f
Sep 14, 2022, 1:58 am - KY Floyd - Lottery News

Massachusetts man wins six $25,000 a Year for Life prizes in one Lucky for Life drawing
Lucky for six lifetimes By Kate Northrop Most lottery players would be fortunate enough to walk away with one Lucky for Life prize of $25,000 a year for life, but a Massachusetts man was lucky enough to manifest that coveted prize six times over. Raymond Roberts Sr. of Fall River won the second-tier Lucky for Life prize of $25,000 a year for life six times in the same drawing. On Wed., Dec. 14, Roberts matched the first five numbers on his six tickets to earn him the multi-state
Dec 19, 2022, 3:38 pm - Todd - Lottery News

Michigan man wins $5.42M lottery jackpot with online purchase
A Michigan man from Wayne County had a little extra money to spend and now he has a lot more as he won a $5.42 million Lotto 47 jackpot after buying a lottery ticket online recently. The winner matched all six numbers drawn 2, 5, 14, 30, 32, and 42 for the Sept. 28 drawing to win the grand prize. The 69-year-old winner who chose to remain anonymous bought his ticket on the Michigan Lottery website . The winning ticket represents the second largest prize ever won by a player who bought ti
Oct 13, 2022, 3:40 pm - Todd - Lottery News

Florida LLC revealed to have claimed $1.6 billion Mega Millions lottery jackpot
Temporary anonymity period is up By Kate Northrop The winner of the $1.6 billion Mega Millions lottery jackpot has been revealed following the 90-day grace period of anonymity given to lottery winners in Florida. The winner of the third-largest lottery jackpot in history, a $1.6 billion Mega Millions jackpot drawn on Tues., Aug. 8, 2023, was won by a single ticket in Florida. Whoever claimed it had 90 days of anonymity before the Florida Lottery would release their name. Today, t
Dec 27, 2023, 6:36 pm - Todd - Lottery News

Michigan woman scoops $25,000 a year for life after playing Lucky for Life for the first time
Rounding off October with more beginner's luck By Kate Northrop A Michigan woman is proving that it's worth trying new things after winning a $25,000 a year for life Lucky for Life prize while playing the lottery game for the first time. A Michigan lottery player has a Disney trip in her sights after her first-ever Lucky for Life ticket purchase netted her a $25,000 a year for life prize. Warren resident Shayla Kauflin, 39, buys her Michigan Lottery tickets online, but this time,
Nov 1, 2023, 7:01 pm - Todd - Lottery News

North Carolina woman wins $1 million lottery prize a week after buying house
First-time homeowner gets more than she bargained for By Kate Northrop A North Carolina woman who bought her first house won $1 million in the lottery just a week after closing on the home. Patricia Simmons of Greensboro is a first-time homeowner. One week after finalizing the purchase, she became a millionaire, too. Simmons was feeling lucky a week after closing on a house for the first time and visited the Fairway One Stop convenience store on South Elm Eugene Street in Greensb
May 10, 2023, 8:20 pm - Todd - Lottery News