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Mega Millions Just The JackpotReply
For those answers, did you assume just one jackpot winner? If not, what number of tickets did you assume were sold? I did the 3rd calculation a while back, factoring in taxes. I remember that it didn't make sense, from an expected return viewpoint, to play Mega Millions until the jackpot was roughly $600M, so your results are in the right ballpark, and are most likely correct. The other calculation of relevance, along these lines, is the number of plays needed for the variance of the EV
Jul 16, 2023, 8:52 pm - Wavepack - Mathematics Forum

$875 MILLION: Powerball lottery jackpot surges on rolloverReply
LOL. OOPS. Yeah, the MM annuity is 560 M. Looked at the wrong number. Cash PB is $441.9. 63% Fed taxes, no state tax.
Jul 13, 2023, 8:38 pm - rcbbuckeye - Lottery News

Lotto Jackpot QuestionsReply
The Lottery Officials would not and could not by law pay you the jackpot twice. The advertised jackpot amount is a fixed amount. However, they'd probably cut you one check for the full amount of the advertised jackpot (minus taxes) but that's IF you are the sole winner. If you were not the sole winner, then the parimutuel aspect of the game kicks in. If you had either of two winning tickets or two identical lines printed on your ticket then you'd win two thirds of the advertised jackpot amo
Jul 7, 2023, 9:18 am - GiveFive - Lottery Discussion Forum

$1.3 billion Mega Millions lottery winner's family sues him for not sharing jackpotReply
Its my understanding that this sara person was under the condition to not reveal anything. NDA clause , etc. No where did it say John had to keep his trap shut. Clearly he told his gf and possibly his Dad. Unsure a statement is a contract when speaking with his father. Oral contracts are hard to prove in court. Just even a slight twist of wording in the conversation will or could determine if its a contract or just a joke. I've been known to jokingly say to folks, ohh sure (haha) if I w
May 16, 2024, 1:56 am - TheGameGrl - Lottery News

$1.3 billion Mega Millions lottery winner's family sues him for not sharing jackpotNews Story
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 OregonReply
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 againReply
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 prizeReply
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

North Carolina: 2/1 - 2/29/2024Reply
Girl, what a day. file taxes, gettin g a great nice $ return back this week, then prior went food shoppin', then play day lottery earlier, but, smh, almost missed it today, Read it below, what happened to me. lol WE BOTH winning 1st of the year, yep. i am now going to laugh at Sexy Sassy acting Blanche funny smart one Dorothy, lil spit fire italian Sophia, dingy, at times, but loveable sweet ROSE Golden girls, reruns, and relax, and oh BEA: (read what happen to me earlier) i
Feb 4, 2024, 5:34 pm - Cassie8620 - Pick 4 Forum

Communisim, Soxialisim, Tlotaliarisim vs Capitalism
by David Ross The Soviet Union was the world's first communist country, so why was its official name the Union of Soviet Socialist Republics (USSR)? Are socialism and communism actually the same thing? Yes and no, says Norman Markowitz , a history professor at Rutgers University who has taught a course on the history of socialism and communism for the past 40 years. ' The Communist Manifesto ,' published by Karl Marx and Friedrich Engels in 1848, became the foundation of both sociali
Jan 9, 2024, 8:15 pm - eddessaknight - Mystical Forum