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Massachusetts lottery winner of $25 million scratch-off prize will enjoy Christmas in ArubaReply
Unfortunately as players we cannot dictate the payout percentages and taxes, so we just voluntarily play knowing all that. I am glad that I live in a state that doesn't tax the lottery, so after uncle Sam takes his 37%, I get to keep the rest.
Dec 7, 2023, 10:16 am - JustMaybe - Lottery News

Winner of $95 million Lotto Texas lottery jackpot gamed the odds to winNews Story
New Jersey based group turned the odds to win in their favor By Kate Northrop Around this time one year ago, the Texas Lottery's Lotto Texas jackpot was bursting at the seams, boasting the game's third-largest prize ever at a mouthwatering $95 million. One New Jersey-based group gamed the odds to win the jackpot. Following a seven-month period without a winner, the Lotto Texas jackpot had ballooned to $95 million for the drawing on April 22, 2023, the game's largest in over 12 years.
Apr 28, 2024, 12:38 pm - Todd - Lottery News

$1.33 billion Powerball jackpot won by one ticket sold in OregonNews Story
Lump-sum cash option worth $621 million Drawing was delayed by one state needing more time to process sales Updated with area that winning ticket was sold By Todd Northrop Around the United States, millions of people had to wait an extra three hours last night to find out if they won the unbelievably massive Powerball jackpot, due to one unnamed state's inability to deal with the huge amount of ticket sales data. When the drawing did finally occur Sunday morning, it turns o
Apr 7, 2024, 8:13 am - Todd - Lottery News

$1.09 BILLION: Powerball jackpot is 4th-largest in game historyNews Story
Powerball ticket-buying frenzy this week as game seeks to create billionaire 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 $1.09 billion. The Powerball jackpot has been building for 39 consecutive drawings since the last winner on January 1 , when one ticket from Michigan won a $842.4 million jackpot . The ticket was sold at th
Apr 2, 2024, 8:17 am - Todd - Lottery News

$975 MILLION: Massive Powerball jackpot increases againNews Story
Easter sales dip might be holding it back By Todd Northrop The near-billion-dollar Powerball jackpot grew again last night, but perhaps not as much as it would have if this weren't Easter weekend. The latest increase of the current lengthy Powerball jackpot run comes after nobody won last night's drawing, sending the Monday jackpot ever closer to heights that once seemed unattainable for a lottery game. Monday's Powerball jackpot is currently estimated at $975 million, with a lu
Mar 31, 2024, 9:07 am - Todd - Lottery News

Winner of $95 million Lotto Texas lottery jackpot gamed the odds to winReply
the jackpot would actually be worth $57.8 million. ... there is a top federal income tax rate of 37%. That cuts the cash value amount to around $36.4 million. After spending almost $26 million on every possible number combination, that leaves the purchasing group with a $10 million profit If you spend $26 million in tickets the taxable income from winning $57.8 million is $31.8 million. If you pay 37% tax on every dollar of that you're profit is a hair over $20 million. If it was all taxed
Apr 30, 2024, 1:27 am - KY Floyd - Lottery News

$1.3 billion Mega Millions lottery winner's family sues him for not sharing jackpotReply
Artist makes some really good points above. Brock Lee also made an interesting point he split the prize with a gf who isn't his baby mama . Db101 added further clarification the most plausible explanation is that they went halvsies (with gf) on purchasing some tickets for that drawing. Lotteries split prizes among members of lottery pools all the time, whether it's a pool of 2 or 20 .. That gf's existence is irrelevant to the story here My take is unless plaintiffs can prove John Doe did not hav
May 16, 2024, 12:54 pm - konane - Lottery News

Virginia Lottery retailers escalate boycott, halt ALL lottery ticket sales until further noticeReply
Sure, there's some small number of people out there with generational wealth. Most small business owners are not like that. They start from nothing and create something of value over time. I know that because I did it myself. I have worked since I was 10. I have no college degree. I left the house at 18 and everything I built I did so on my own. And for the last 25 years I have worked every single day without a break. Almost 10,000 days without a day off. So the handed funds , no taxes , and
May 11, 2024, 1:00 pm - Todd - Lottery News

$1.23 BILLION: Powerball jackpot juggernaut keeps rollingReply
If anyone of y'all happen to see a Robin in your yard tomorrow ..... It could mean you won the Powerball jackpot. I don't want to get political and all but seriously folks TAXES who needs them? Also just out of curiosity .....would a bleudog,not bleudog101, eat bleu cheese or chicken cordon bleu or a blue plate special or bleu eggs and ham? This enquiring mind wants to know.
Apr 7, 2024, 1:15 am - ShagE3 - Lottery News

$1.23 BILLION: Powerball jackpot juggernaut keeps rollingReply
You'll be taxed at the highest rate - 37% So you'll have 630K after taxes. Am right there with you, but I always have the PP on so that's going to be 2M for me and 1,260,000 after paying Uncle Sam.
Apr 5, 2024, 4:08 pm - JustMaybe - Lottery News