Welcome Guest
Log In | Register )
You last visited December 3, 2016, 4:44 pm
All times shown are
Eastern Time (GMT-5:00)

What you really get for cash value.

Topic closed. 5 replies. Last post 12 years ago by Todd.

Page 1 of 1
PrintE-mailLink
Avatar
Old Greenwich
United States
Member #5767
July 20, 2004
84 Posts
Offline
Posted: September 19, 2004, 6:56 pm - IP Logged

Powerball is now 95million so you get 52.3 million cash value then you get taxed on that so you real get 26million cash am I right about this?

    ONEDAY's avatar - DiscoBallGlowing
    OHIO
    United States
    Member #5328
    June 30, 2004
    1284 Posts
    Offline
    Posted: September 19, 2004, 6:59 pm - IP Logged

    I tak

    have a great winning day!

      Todd's avatar - Cylon 2.gif
      Chief Bottle Washer
      New Jersey
      United States
      Member #1
      May 31, 2000
      23259 Posts
      Offline
      Posted: September 19, 2004, 8:00 pm - IP Logged

      There is no need to guess.  You can find the exact answer for your state at USA Mega:

      http://www.usamega.com/powerball-jackpot.htm

       

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

       

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

        twisted's avatar - underground
        New Jersey
        United States
        Member #2376
        September 25, 2003
        582 Posts
        Offline
        Posted: September 19, 2004, 9:58 pm - IP Logged

        I love that feature Todd.  Ever since I saw "jackpot analysis" at Biggamelottery for MegaMillions, I've wanted something similar for Powerball.  Now that search is over.  Thanks Todd.

          hypersoniq's avatar - 8ball
          Pennsylvania
          United States
          Member #1340
          April 6, 2003
          2450 Posts
          Offline
          Posted: September 21, 2004, 4:33 am - IP Logged

          yes, that is a cool feature. Even breaks it down by state!

          Playing more than one ticket per game is betting against yourself.

            Todd's avatar - Cylon 2.gif
            Chief Bottle Washer
            New Jersey
            United States
            Member #1
            May 31, 2000
            23259 Posts
            Offline
            Posted: September 21, 2004, 6:47 am - IP Logged

            Thanks twisetd and hypersoniq.  I usually build features that I enjoy looking at myself, so you know where I stand on it!  What a pain it was to track down all those individual tax rates though!

             

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

             

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