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where's the pb winner

Topic closed. 22 replies. Last post 11 years ago by BaristaExpress.

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BILOXI, MISSISSIPPI
United States
Member #19651
August 3, 2005
621 Posts
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Posted: November 2, 2005, 7:23 pm - IP Logged

2 weeks is too long  the money could be making intrest   

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    Sparta, NJ
    United States
    Member #18331
    July 9, 2005
    1977 Posts
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    Posted: November 2, 2005, 7:40 pm - IP Logged

    The money IS making interest. For the state! Haste makes waste, was never more true.

    Cheers

    |||::> *'`*:-.,_,.-:*''*:--->>> Chewie  <<<---.*''*:-.,_,.-:*''* <:::|||

    I only trust myself - and that's a questionable choice

      TheGameGrl's avatar - character catafly.jpg
      A long and winding road
      United States
      Member #17084
      June 10, 2005
      4528 Posts
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      Posted: November 2, 2005, 7:42 pm - IP Logged

      hmmm...good point! Makes one wonder if the person waits til the first of the new year if any of that prize winning interest becomes theirs as well. Doubtfull, but certainly worth investigating what the policy is on that matter. I'm sure someone will chime in with the factual data .

      ~~Is it true, Is it kind,Is it necessary. ~~~

       Thanks be to the giving numbers: 1621,912,119 02014

        DirtyWrat's avatar - dirty rat_3051bs_mor.jpg
        Darlington, S.C.
        United States
        Member #3691
        February 12, 2004
        133 Posts
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        Posted: November 2, 2005, 7:43 pm - IP Logged

        2 weeks is too long  the money could be making intrest   

        Vedy, vedy intresting.

        With the lottery I get all the exercise I need.

                          In futility.


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          Sparta, NJ
          United States
          Member #18331
          July 9, 2005
          1977 Posts
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          Posted: November 2, 2005, 8:05 pm - IP Logged

          hmmm...good point! Makes one wonder if the person waits til the first of the new year if any of that prize winning interest becomes theirs as well. Doubtfull, but certainly worth investigating what the policy is on that matter. I'm sure someone will chime in with the factual data .

          I've yet to see anything on the advertisement that says $540M - plus any interest accumilated while you make up your mind whether to fish or cut bait. There is more then one reason why they want you to take your time before claiming the money. Like you can't make the claim, and spend the waiting period getting the financial team together. Multi-tasking doesn't cease when you win, it starts. Its all part of the IQ test.

          Cheers

          |||::> *'`*:-.,_,.-:*''*:--->>> Chewie  <<<---.*''*:-.,_,.-:*''* <:::|||

          I only trust myself - and that's a questionable choice

            dvdiva's avatar - 8ball

            United States
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            September 17, 2003
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            Posted: November 2, 2005, 9:46 pm - IP Logged

            The delay is obvious, if he claims now he pays tax now if he claims after Jan 2 then he pays tax later. It's not rocket science.

              BaristaExpress's avatar - BaristaExpressMX zpsfb0d8b5d.png
              Magnolia, Delaware
              United States
              Member #18795
              July 20, 2005
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              Posted: November 2, 2005, 10:02 pm - IP Logged

              dvdiva, that's incorrect! He pays the tax in the year he won it in! It's doesn't go by when he claims the money! The drawing was held in Oct. 2005 and won, so his tax will be applied to the 2005 year!

              Keep dreaming the impossible dream, it just may come true! Thumbs Up

                NightTrain1234's avatar - 8ball
                a Powerball AND MegaMillions state!
                United States
                Member #24190
                October 20, 2005
                78 Posts
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                Posted: November 2, 2005, 10:26 pm - IP Logged

                The delay is obvious, if he claims now he pays tax now if he claims after Jan 2 then he pays tax later. It's not rocket science.

                The tax is withheld from his first payout whether a lump sum or an annuity.    The Tax Man always gets his cut first!

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                  new delhi
                  India
                  Member #22145
                  September 20, 2005
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                  Posted: November 2, 2005, 10:42 pm - IP Logged

                  I wonder what he looks like...how come no photo ops?

                    NightTrain1234's avatar - 8ball
                    a Powerball AND MegaMillions state!
                    United States
                    Member #24190
                    October 20, 2005
                    78 Posts
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                    Posted: November 3, 2005, 12:30 am - IP Logged

                    I wonder what he looks like...how come no photo ops?

                    Maybe he is wanted by the law or has a bunch of out of wedlock kids?

                      dvdiva's avatar - 8ball

                      United States
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                      September 17, 2003
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                      Posted: November 3, 2005, 12:35 am - IP Logged

                      dvdiva, that's incorrect! He pays the tax in the year he won it in! It's doesn't go by when he claims the money! The drawing was held in Oct. 2005 and won, so his tax will be applied to the 2005 year!

                      I would hope he's seen an expert on that but since he doesn't have the money until he claims the prize it would be taxed based on when he picks up the check not based on when he won.

                        bellyache's avatar - 64x64a9wg

                        United States
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                        March 18, 2005
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                        Posted: November 3, 2005, 1:14 am - IP Logged

                        I think Steve West is waiting for the media and press to die down before he validates his ticket. But since someone spotted him on Good Morning America earlier today, that wouldn't make much sense.

                        Dance like no one is watching.

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                          Sparta, NJ
                          United States
                          Member #18331
                          July 9, 2005
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                          Posted: November 3, 2005, 9:31 am - IP Logged

                          There is zero correlation between luck and intelligence.

                          Cheers

                          |||::> *'`*:-.,_,.-:*''*:--->>> Chewie  <<<---.*''*:-.,_,.-:*''* <:::|||

                          I only trust myself - and that's a questionable choice

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                            BILOXI, MISSISSIPPI
                            United States
                            Member #19651
                            August 3, 2005
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                            Posted: November 3, 2005, 9:59 am - IP Logged

                            if he has tax problem  3 days to clean up                  the fact is the press and people will not let down  is a given  and  if mm rolls over more light will be put on him 

                              sirbrad's avatar - Lottery-062.jpg
                              PA
                              United States
                              Member #22983
                              October 6, 2005
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                              Posted: November 3, 2005, 10:17 am - IP Logged

                              The longer he drags it out, the more it will be publicized. He would be better off to just get it all over with, and probably suffer less stress also. Just to think all the stuff I could have had by now with that money, and the winning ticket is still in a safe deposit box, or underwear drawer. Roll Eyes He can't dodge the media forever, he is only making himself more sought after. Just do the freakin press conference already! Or give me the ticket to do it for you. Thumbs Up