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Repeat... Best state to live in after Winning

Topic closed. 42 replies. Last post 5 years ago by sully16.

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rdgrnr's avatar - walt
Way back up in them dadgum hills, son!
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Posted: July 7, 2011, 3:23 pm - IP Logged

I've gone and looked at that land in Wyoming.

Make sure you love flat grassland without a tree in sight for a hundred miles or so and not much to see or do anywhere around you.

Even if you go to the two biggest cities, Cheyenne (pop. 55,000) and Casper (pop. 51,000), there ain't much to see or do there either.

Otherwise it's great, almost no libs, low crime and the least taxes in the country.


                                             
                     
                                         

 

 

 

 

                                                                                                   

"The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                            --Edmund Burke

 

 

    haymaker's avatar - Lottery-012.jpg
    Egg Harbor twp.south Jersey shore
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    Posted: July 7, 2011, 3:52 pm - IP Logged

    I've gone and looked at that land in Wyoming.

    Make sure you love flat grassland without a tree in sight for a hundred miles or so and not much to see or do anywhere around you.

    Even if you go to the two biggest cities, Cheyenne (pop. 55,000) and Casper (pop. 51,000), there ain't much to see or do there either.

    Otherwise it's great, almost no libs, low crime and the least taxes in the country.

    back in 83,van broke down in yellowstone and was towed back to cody(as in buffalo bill)a town we stayed in the night before, word gets around quickly in small towns. part to fix van not immed. avail. and had to spend 3 more days there, some of the nicest ppl. i've met in my whole life.motel gave us a discount,every bar we went to ppl. buying us drinks,asking where ya from,they made a hassle turn in to good time.

    Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

      Avatar
      Kentucky
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      Posted: July 7, 2011, 3:54 pm - IP Logged

      I was wondering if a younger than 55 year old lottery winner would be considered a retiree. The zero state tax was on SS earnings and some of the states had limits on pension exemptions.

      If they ask me where I'm planning on retiring to after winning a huge jackpot, my reply will be "anywhere I want".

        sully16's avatar - sharan
        Ringleader
        Michigan
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        Posted: July 7, 2011, 10:32 pm - IP Logged

        back in 83,van broke down in yellowstone and was towed back to cody(as in buffalo bill)a town we stayed in the night before, word gets around quickly in small towns. part to fix van not immed. avail. and had to spend 3 more days there, some of the nicest ppl. i've met in my whole life.motel gave us a discount,every bar we went to ppl. buying us drinks,asking where ya from,they made a hassle turn in to good time.

        Do you like clog dancing?

        Did you exchange a walk on part in the war ?

        For a lead role in a cage?

         

                                                    From Pink Floyd's " Wish you were here"

          haymaker's avatar - Lottery-012.jpg
          Egg Harbor twp.south Jersey shore
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          Posted: July 7, 2011, 11:08 pm - IP Logged

          Do you like clog dancing?

          don't know what that is ! ?

          Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

            dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
            Oklahoma
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            Posted: July 8, 2011, 9:25 am - IP Logged

            For me it would be  summers in the Pacific Nowth West...i.e. Seattle, Oregon, winters in South BeachSmile I would even go back to Alaska(summer), we were station in Anchorage and we loved it there.

              ttech10's avatar - blobdude
              Texas
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              Posted: July 9, 2011, 7:09 pm - IP Logged

              I would disagree, particularly if we're talking about jackpot winners. While it may be good for retirees who don't have to lose money from pension, 401k payments, SS, etc., jackpot winners don't need to worry about that.

              Having the millions you would have from a jackpot win is tons more than the average retiree would have so there isn't that much to worry in terms of taxes. Not only that, but if you're not investing then there's no taxes at all as you wouldn't really have any income (just that cash sitting somewhere). If you are investing then income taxes will matter, but I don't think it's a major factor on where you live. You'd still have millions in saving if you do need some quick cash for an emergency (or for a weekend in Paris, etc).

               

              My top 5 states for if I ever win are Texas (too many good areas to name, though not Dallas/Fort-Worth, Houston or San Antonio), New York (City), California (Hollywood Hills or SF area), Nevada (not necessarily in LV, the mountains around it have nice homes) or Oregon (just overall a nice state, and I needed a fifth state, Utah also interests me). I honestly couldn't imagine myself living in any other state than those listed, and chances are that if I won the lottery I wouldn't go anywhere but those first three. I don't think many would put them as the best states for retirees, two of the most expensive states to live in, but they all have many things that I'd want to have access to that, if I had millions, I would want to enjoy. I couldn't imagine sitting on a jackpot win in a place like Wyoming (the whole state has a population of 560,000).

               

              If the win is a smaller amount (around $5m after taxes) then I'd stay in my current city as it has access to many things, it's one of the best cities (according to at least Forbes and CNN Money) and for everything I can't get, there's traveling.

              Sorry for the long post, was very bored today.

                myzeus's avatar - Apollo
                Ohio
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                Posted: July 9, 2011, 7:25 pm - IP Logged

                California doesn't charge state and local income taxes for lottery prize. You only need to pay Fed tax. So, CA is one of the best state to win a lottery.

                Texas is the same too....with no city and state taxes just federal taxes...so Texas is a great state to go to also.

                Sandy

                  rdgrnr's avatar - walt
                  Way back up in them dadgum hills, son!
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                  Posted: July 9, 2011, 7:47 pm - IP Logged

                  I would disagree, particularly if we're talking about jackpot winners. While it may be good for retirees who don't have to lose money from pension, 401k payments, SS, etc., jackpot winners don't need to worry about that.

                  Having the millions you would have from a jackpot win is tons more than the average retiree would have so there isn't that much to worry in terms of taxes. Not only that, but if you're not investing then there's no taxes at all as you wouldn't really have any income (just that cash sitting somewhere). If you are investing then income taxes will matter, but I don't think it's a major factor on where you live. You'd still have millions in saving if you do need some quick cash for an emergency (or for a weekend in Paris, etc).

                   

                  My top 5 states for if I ever win are Texas (too many good areas to name, though not Dallas/Fort-Worth, Houston or San Antonio), New York (City), California (Hollywood Hills or SF area), Nevada (not necessarily in LV, the mountains around it have nice homes) or Oregon (just overall a nice state, and I needed a fifth state, Utah also interests me). I honestly couldn't imagine myself living in any other state than those listed, and chances are that if I won the lottery I wouldn't go anywhere but those first three. I don't think many would put them as the best states for retirees, two of the most expensive states to live in, but they all have many things that I'd want to have access to that, if I had millions, I would want to enjoy. I couldn't imagine sitting on a jackpot win in a place like Wyoming (the whole state has a population of 560,000).

                   

                  If the win is a smaller amount (around $5m after taxes) then I'd stay in my current city as it has access to many things, it's one of the best cities (according to at least Forbes and CNN Money) and for everything I can't get, there's traveling.

                  Sorry for the long post, was very bored today.

                  No offense ttech but I can't believe you've visited San Francisco if you're thinking about moving there.

                  I never saw so many bums, weirdos, perverts and scuzzy slimebag libs as I did in that place.

                  I couldn't wait to get out of there.

                  Alcatraz was cool though.


                                                               
                                       
                                                           

                   

                   

                   

                   

                                                                                                                     

                  "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                              --Edmund Burke

                   

                   

                    tiggs95's avatar - Lottery-036.jpg

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                    Posted: July 9, 2011, 10:34 pm - IP Logged

                    No offense ttech but I can't believe you've visited San Francisco if you're thinking about moving there.

                    I never saw so many bums, weirdos, perverts and scuzzy slimebag libs as I did in that place.

                    I couldn't wait to get out of there.

                    Alcatraz was cool though.

                    How much time you do on Alcatraz old timer..You wasn't someones hunny bun in there was yah...Glad you made it out alive...

                     

                    tiggs saw sully clog dance and she was good..Right out in the parking lot of a restaurant..Sweet!..

                                                                              Pure luck

                      Piaceri's avatar - sarsony1
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                      Posted: July 10, 2011, 10:08 am - IP Logged

                      I was thinking Costa Rica as a good choice for retirement after I win the lottery. 

                       

                      If I had to choose a state, then I'll stay in Texas. No income taxes on lottery winnings, or on lottery winnings earnings. Come to think of it, no income tax period. Good economy, low energy costs. All kinds of choices to live: on the beach, live in a big city, live in the rugged hill country, the highland lakes, the grassy plains, rolling farmland, high plains, mountains, or the scrubs in the south. Where else can you live in a place called Possum Kingdom Lake? 

                      It's a no brainer. Thumbs Up

                      face

                      singlewinnersinglewinnersinglewinner   

                        Raven62's avatar - binary
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                        Posted: July 11, 2011, 7:29 am - IP Logged

                        This is for  retirees, but I think that it applies to lottery winners too.

                         

                        http://finance.yahoo.com/retirement/article/113021/5-tax-friendly-states-retirees-kiplingers;_ylt=AoPfR422YkTU3z7xyoeY3Yi7YWsA;_ylu=X3oDMTFhNTZjbHNjBHBvcwMzBHNlYwNwZXJzb25hbEZpbmFuY2UEc2xrAzV0YXgtZnJpZW5kbA--

                        But I don't want to Live in Alaska! Thud

                        A mind once stretched by a new idea never returns to its original dimensions!

                          Raven62's avatar - binary
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                          Posted: July 11, 2011, 7:40 am - IP Logged

                          I wouldn't live in any one of those states!!!  When I win I plan on moving to Utah or Florida.

                          I Agree! If you Won a Huge Jackpot: It doesn't matter where You Live: As long as You're in a State of Bliss: Profound satisfaction, happiness and joy, a constant state of mind, undisturbed by worry.

                          A mind once stretched by a new idea never returns to its original dimensions!

                            hennybogan's avatar - DiscoBallGlowing
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                            Posted: July 11, 2011, 7:40 am - IP Logged

                            You go your way, I'll go MAUI!

                            Here Today, Gone To MAUI!

                            Happily MAUIed.

                            Don't Worry, Be MAUI!

                            MAUI Christmas.

                            Frank Sinatra's song, I Did It MAUI!

                              Ephesians 3:20


                              Litebets27's avatar - power
                              Maryland
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                              Posted: July 11, 2011, 8:16 am - IP Logged

                              You go your way, I'll go MAUI!

                              Here Today, Gone To MAUI!

                              Happily MAUIed.

                              Don't Worry, Be MAUI!

                              MAUI Christmas.

                              Frank Sinatra's song, I Did It MAUI!

                              Green laughGood one!!

                              Feeling,  PRICELESS!!!Banana

                              Come on Jackpot!!!