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$1.55 BILLION: Biggest Mega Millions jackpot ever to be drawn TuesdayReply
If my initial personal amount is 477M plus. But as a result of reducing taxes through charitable giving my new personal amount is 333M plus. I don't think I will have saved 100M in taxes. I would have lost 144M in personal amount. The 227M once given to charity as an endowment doesn't belong to the winner. Yes you could have it in a Donor Advised Fund but still one can't revert it to themselves. You can't include it in your net worth and say that I am worth 333M and another 2
Aug 8, 2023, 2:02 am - JustMaybe - Lottery News

$1.25 BILLION: Mega Millions jackpot set to deliver unimaginable wealthReply
Only $414 Million and change take home, after taxes ???? Just a walk in the park.... (busy adjusting the help/gift list again)
Aug 4, 2023, 4:24 pm - CDanaT - Lottery News

$1.05 BILLION: Mega Millions keeps rolling after no winner FridayReply
The government takes a lot of your money in taxes and wastes far more than you ever will...it's all relative...you may waste a little of your money but the government will waste a lot more. You probably aren't really wasting money unless it causes something that costs you even more money.
Jul 31, 2023, 11:11 am - Think - Lottery News

$910 MILLION: Mega Millions lottery jackpot making another historic runReply
Well it's on the internet so it must be true! Ask that Jason Kurkland lottery lawyer guy, I bet he will tell you that you don't have to pay any taxes... I'd be stunned if I won the Michigan lottery and then moved to a state with no income tax and Michigan didn't want to tax the annuity payments paid by Michigan...that just does not make any sense...
Jul 28, 2023, 12:50 pm - Think - Lottery News

$900 MILLION: Powerball jackpot rises, but sales miss in last draw makes for small increaseNews Story
By Todd Northrop Powerball lottery players might be wondering this morning why the jackpot only increased by $25 million after nobody won last night's $875 million grand prize. The answer is that the last jackpot was estimated too high. During the live drawing it was announced that after all proceeds were counted, the final jackpot tally came to $829.4 million $45.6 million shy of the expected amount. Likewise, the cash value that was initially estimated to reach $452.2 million only in f
Jul 16, 2023, 6:41 am - Todd - Lottery News

$875 MILLION: Powerball lottery jackpot surges on rolloverReply
In TX the cash value amount ($560M) will net $352.8 after taxes. I have 3 grown kids that will want a cut. Hmmmm. How much.....
Jul 13, 2023, 5:05 pm - rcbbuckeye - Lottery News

$725 MILLION: Powerball jackpot now 11th-largest in historyReply
I find it better to check the annual payouts with the taxes taken into account . For example, here's the payout for this drawing in your state of Tennessee . (Congrats on living in a state that does not have a state tax on lottery winnings.)
Jul 11, 2023, 9:59 am - Todd - Lottery News

Kentucky man who "coasted" into gas station on empty tank wins $1 million in lotteryReply
Here in New Zealand the lump sum on a million is $1,000,000 after taxes. (Just saying.. the idea that a million dollar prize is only an annuity sucks.)
May 25, 2023, 6:45 am - kao1632 - 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