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Iowa Man Claims PB Jackpot of $113.2m

Topic closed. 1 reply. Last post 11 years ago by Just6ntlc.

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Bradly_60's avatar - disney37
Atlantic Mine, Michigan
United States
Member #416
June 23, 2002
1614 Posts
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Posted: January 4, 2006, 12:18 am - IP Logged

Just saw the news conference on CNN.

The guy just claimed bankruptcy not to long ago.  Not a bad time to take home around $40,000,000 is it?

Brad


    United States
    Member #16612
    June 2, 2005
    3493 Posts
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    Posted: January 4, 2006, 2:23 pm - IP Logged

    I hope this family stays out of bankruptcy because they have won the PB jackpot. Good thing they took the cash option and waited until 1/1/2006. Bradly_60, they took home $54.8 million in cash value minus $16.4 million in December 2006 for taxes. Therefore, the net income was $38.2 million.