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From $12 to $20,000,000

Topic closed. 12 replies. Last post 13 years ago by visiondude.

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Bradly_60's avatar - disney37
Atlantic Mine, Michigan
United States
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Posted: January 7, 2004, 1:14 pm - IP Logged

That has to be the biggest jump for the second drawing of a jackpot roll.  I think it only at most used to get up to $15 million.  Thats a huge jump for this game!

Brad

    Jake649's avatar - scene sunovermountains.jpg

    Canada
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    Posted: January 7, 2004, 1:57 pm - IP Logged

    Yes, it is a new record. The previous two-roll record was $18 million set on July 26, 2002 following a $165 million jackpot win.

    The Powerball two-roll record is $22.6 million.

    Good luck,

    Jake

      Bug's avatar - avatar php?userid=678402&dateline=1071851147

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      Posted: January 7, 2004, 4:49 pm - IP Logged

       

      Game on! Hopefully these MegaBumps will last for a couple rollovers.

        Bug's avatar - avatar php?userid=678402&dateline=1071851147

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        Posted: January 7, 2004, 11:23 pm - IP Logged

         

        Powerball has volleyed with a nice rollover. The cash value is greater than the Mega, but are they pulling strings here? It seems a bit generous. I wonder if the Powerball suits are sweating the addition of Texas. Yup, gotta love Texas.

          dvdiva's avatar - 8ball

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          Posted: January 7, 2004, 11:41 pm - IP Logged

          just hope if you win some s***bag doesn't crawl out from under a rock and "claim" they had the winning ticket

            fja's avatar - gnome1

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            Posted: January 8, 2004, 6:43 am - IP Logged

            Just one quick tax question,,,If she won on the megamillions on the 30th, does she claim it on her 2003 income tax return, or do you wait till you actually get the money? sorry if this has already been answered. 

            "Everybody has to believe in something...I believe I'll have another beer!"   = W.C.Fields                      

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              Posted: January 8, 2004, 11:30 pm - IP Logged

              We payed on the 2003 taxes. 25% for me.

                Bug's avatar - avatar php?userid=678402&dateline=1071851147

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                Posted: January 9, 2004, 12:11 am - IP Logged
                Quote: Originally posted by Toaster on January 09, 2004


                We payed on the 2003 taxes. 25% for me.



                Why 2003? You didn't collect in 2003 did you?
                  Bug's avatar - avatar php?userid=678402&dateline=1071851147

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                  Posted: January 9, 2004, 12:13 am - IP Logged

                   

                  Btw, are lottery winnings treated as capital gains?

                    Todd's avatar - Cylon 2.gif
                    Chief Bottle Washer
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                    Posted: January 9, 2004, 12:17 am - IP Logged
                    Quote: Originally posted by Bug on January 09, 2004



                    Btw, are lottery winnings treated as capital gains?




                    I think it's just treated as regular income.

                     

                    Check the State Lottery Report Card
                    What grade did your lottery earn?

                     

                    Sign the Petition for True Lottery Drawings
                    Help eliminate computerized drawings!

                      Thomas Covenant's avatar - money
                      South Carolina
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                      Posted: January 9, 2004, 5:18 am - IP Logged

                      Lottery winnings are considered regular income. The IRS ruled that you are liable for taxes at the time you Validate your winning ticket.


                      Okay, now I believe you can predict lottery numbers

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                        Posted: January 9, 2004, 2:05 pm - IP Logged
                        Quote: Originally posted by Bug on January 09, 2004



                        Quote: Originally posted by Toaster on January 09, 2004


                        We payed on the 2003 taxes. 25% for me.



                        Why 2003? You didn't collect in 2003 did you?



                        no we collected in 2004 but the winning date was dec.31 2003. and that is what counts, the income was earned in 2003.
                          visiondude's avatar - eye3logo
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                          Posted: January 9, 2004, 7:54 pm - IP Logged
                          Quote: Originally posted by Bug on January 09, 2004



                           

                          Btw, are lottery winnings treated as capital gains?







                          not unless you win in the washington d.c.  area.

                           vision

                                      "i am .........."meant to"       

                          P.S.,  that RJoH  is a stand up guy.  thanks,  vision

                                   until further notice,  it's  france everyday