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Alabama man wins $150,000 a year for life in Florida LotteryReply
That's great. But he'll still have to pay his taxes in Alabama. Good for him, Florida won't tax him.
Oct 17, 2023, 9:00 pm - sdw1000 - Lottery News

$1.725 BILLION: Powerball jackpot now 2nd-largest of all timeReply
I looked into this number combination once. Approximately 10k people play these numbers for every draw. It would actually be hilarious to see the jackpot split that many ways with each winner only receiving $70k or so before taxes.
Oct 10, 2023, 12:23 pm - DDBagger519 - Lottery News

$1.4 BILLION: Powerball jackpot juggernaut keeps rollingReply
yup, after taxes that is 238,169,000 million dollars, still an amazing amount of money to have. The other option is to go with the annuity payout for 1.4 bill which is 70 mill for 20 years. But a lot can happen in 20 years so most take the cash,
Oct 5, 2023, 10:42 am - lottoman626 - Lottery News

$2 billion Powerball lottery winner Edwin Castro buys a third California mansion for $47 millionReply
Good for you Edwin Castro.I hope it's not your advisors referring you to these Realtors But I guess they are. Taxes, insurance and maintenance will get higher but now I guess you can afford it . Hope these properties are for your family . Good luck to you enjoy your wealth. Worse come you can sell sell sell
Sep 13, 2023, 4:54 pm - welington - Lottery News

Arkansas woman almost gifts winning lottery ticket to ex-father-in-lawReply
Yes, that 75K will be reduced to around 51K after taxes. It does seem like she is gloating about the fact that she put one over on her ex father in law. But why would she have been sending him tickets in the first place if they had issues over her failed marriage. Something is amiss here. Once again, she should not have brought this fact up no matter what the relationship was.
Sep 12, 2023, 11:25 am - billybucks - Lottery News

One ticket sold in Florida is sole winner of $1.58 billion Mega Millions jackpotReply
No State tax on Lottery in Florida, Lump sum was $794.2M, after Fed taxes that's $500.3Million. Not sure where you get the $800M figure from.
Aug 19, 2023, 1:12 am - Rexer90 - Lottery News

One ticket sold in California wins $1.08 billion Powerball jackpotReply
Well good thing i got three draws for Powerball. I wouldn't mind winning that 6 plus million after taxes. That's retirement money.
Jul 20, 2023, 6:07 pm - Infraredsight - Lottery News

$1 BILLION: Powerball jackpot hits milestone for 3rd timeReply
Agreed family will think they know how to manage ur $$ Iwlsn't say anything here's ur $350k house taxes n furniture for next 10 yrs, u better earn for taxes beyond that don't start calling me everyday n I hear fr u once a month Sibling bye
Jul 18, 2023, 11:22 pm - EnReval - Lottery News

$1 BILLION: Powerball jackpot hits milestone for 3rd timeReply
FYI Michigan players PB JP odds - 292,201,338 to 1 Cash after taxes MI on $516,800,000 $303,620,000 (no city income tax) $293,284,000 (max city income tax) So even if you are in one of the dozens of cities that have the income tax you still have about the exact odds in prize money after taxes for the JP
Jul 18, 2023, 9:14 am - Think - Lottery News

$900 MILLION: Powerball jackpot rises, but sales miss in last draw makes for small increaseReply
If you actually want to have $900 million in cash then you better wait until the jackpot annuity hits $3 Billion, taxes and the cash option will reduce any prize by over 70%.
Jul 16, 2023, 9:00 pm - Unluckyone - Lottery News