Anybody buying powerball tickets for half a billion?

Smoke · 05-16-13, 01:16 PM

Originally posted by Russian Rocket

smoker my lawyers will be in contact with your lawyers

Does 75% for you sound good? Ill take 25% if we hit

Russian Rocket · 05-16-13, 01:18 PM

2012 Winners

December 26, 2012			$50,000,000.00 annuity $32,446,463.34 cash
Christopher McGurran	Florida	Cash

December 19, 2012			$50,000,000.00 annuity $32,679,738.56 cash
Anonymous	Kansas	Cash

December 12, 2012			$50,000,000.00 annuity $33,003,300.33 cash
Rosa DeLeon and Reginald LeBlanc	Massachusetts	Cash

December 5, 2012			$50,000,000.00 annuity $33,134,526.18 cash
Roger Custer	Pennsylvania	Cash

November 28, 2012			$587,500,000.00 annuity $384,747,857.92cash
Matthew Good	Arizona	Cash
Cindy and Mark Hill	Missouri	Cash

October 3, 2012			$50,000,000.00 annuity $33,046,926.64 cash
Anonymous	Delaware	Cash

September 26, 2012			$202,100,000.00 annuity $129,786,076.76 cash
Mary and Brian Lohse	Iowa	Cash

August 15, 2012			$337,000,000.00 annuity $224,655,690.17 cash
Donald Lawson	Michigan	Cash

June 23, 2012			$60,000,000.00 annuity $39,814,200.40 cash
Noel Peel	Connecticut	Cash

June 13, 2012			$241,000,000 annuity $160,334,459.84 cash
The Shipping 20	Iowa	Cash

April 25, 2012			$172,700,000.00 annuity $107,533,278.77 cash
SEPTA 48	Pennsylvania	Cash

March 21, 2012			$70,000,000.00 annuity $41,543,026.71 cash
Joseph & Celeste Tamburello	New Jersey	Cash

March 7, 2012			$60,000,000.00 annuity $37,059,913.53 cash
Ohana Trust	Rhode Island	Cash

February 25, 2012			$70,000,000.00 annuity $43,668,122.27 cash
Tara Ramirez/Case Park LLC	New York	Cash

February 11, 2012			$336,400,000.00 annuity $209,966,435.24 cash
Louise White/Sherbert Trust	Rhode Island	Cash

2011 Winners

Name Withheld Maryland	December 24, 2011	Cash	$128,800,000.00 annuity $81,295,926.70 cash
Steven Lloyd Pennsylvania	November 19, 2011	Cash	$59,900,000.00 annuity $37,622,580.20 cash
Putnam Ave. Family Trust Connecticut	November 2, 2011	Cash	$254,200,000.00 annuity $151,664,457.51 cash
Kathy Scruggs Georgia	September 14, 2011	Cash	$25,000,000.00 annuity $15,124,016.94 cash
Name Withheld Maryland	September 7, 2011	Cash	$108,800,000.00 annuity $65,294,048.66 cash
Thomas Morris Minnesota	August 10, 2011	Cash	$228,900,000.00 annuity $123,602,685.09 cash
Unclaimed Georgia	June 29, 2011	Unclaimed	$77,100,000.00 annuity $40,827,464.52 cash
Jimmy Freeman Massachusetts	June 8, 2011	Cash	$25,600,000.00 annuity $13,493,470.86 cash
1937 Flatbush Avenue Dodgers LLC New York	June 1, 2011	Cash	$201,900,000.00 annuity $106,159,636.69 cash
Bill Swanson Indiana	April 23, 2011	Cash	$74,000,000.00 annuity $37,728,064.69 cash
Michael Reardon & Darin Fox Indiana	April 6, 2011	Cash	$221,700,000.00 annuity $111,737,725.76 cash
Carvajal Family Group Florida	February 26, 2011	Cash	$182,100,000.00 annuity $91,187,716.61 cash
Stephen Kirwin New York	January 22, 2011	Cash	$122,100,000.00 annuity $61,224,679.58 cash

Russian Rocket · 05-16-13, 01:19 PM

Originally posted by Smoke

Does 75% for you sound good? Ill take 25% if we hit

if one of ur tickets hit, it's gonna be a fair 50/50 split buddy....I'm not greedy

Smoke · 05-16-13, 01:21 PM

Originally posted by Russian Rocket

if one of ur tickets hit, it's gonna be a fair 50/50 split buddy....I'm not greedy

Rusher good peoples.

seaborneq · 05-16-13, 01:23 PM

Good info. Seems to be a different ratio on the annuity/cash options, some are over half some are under half.

Russian Rocket · 05-16-13, 01:27 PM

Originally posted by seaborneq

Good info. Seems to be a different ratio on the annuity/cash options, some are over half some are under half.

different state tax brackets vs. no state tax brackets

seaborneq · 05-16-13, 01:32 PM

Originally posted by Russian Rocket

different state tax brackets vs. no state tax brackets

Good call. I wonder how much of a factor that is for winners.

Russian Rocket · 05-16-13, 01:37 PM

Originally posted by seaborneq

Good call. I wonder how much of a factor that is for winners.

for example there is no state tax in Cali for the lottery winnings over Washington where it's close to 8% I think...
it's a humongous chunk if you win hundreds of millions

seaborneq · 05-16-13, 01:50 PM

No state taxes, or no state taxes on lottery winnings.

mynameismud · 05-16-13, 01:59 PM

Originally posted by seaborneq

No state taxes, or no state taxes on lottery winnings.

there are taxes in all 50 states. the % of taxes taken out of lottery winnings varies from state to state.

Vegas39 · 05-16-13, 02:02 PM

Originally posted by mynameismud

there are taxes in all 50 states. the % of taxes taken out of lottery winnings varies from state to state.

federal yes but Cali has no state tax on winnings

mynameismud · 05-16-13, 02:05 PM

Originally posted by Vegas39

federal yes but Cali has no state tax on winnings

i know. it seemed like he was asking if some states dont have taxes at all (excluding lottery winnings).

Vegas39 · 05-16-13, 02:17 PM

Originally posted by mynameismud

i know. it seemed like he was asking if some states dont have taxes at all (excluding lottery winnings).

oh yes Feds want their cut

odog11 · 05-16-13, 02:44 PM

Originally posted by TheMoneyShot

all you need is one ticket to win. Don't understand why people blow more money? Isn't it $2 for a ticket? Spend the 2 bucks... and let God, Karma, Buddha, or your Faith in general decide if you deserve the jackpot or not. It's how simple it is.

You must understand lots of people believe that someone with 100 tickets has better chances(100 times better in fact) of winning than someone with 1.

freelee · 05-16-13, 03:21 PM

Originally posted by odog11

You must understand lots of people believe that someone with 100 tickets has better chances(100 times better in fact) of winning than someone with 1.

The odds I think are about 1 in 175 million if you buy 1 ticket but if you buy a 1000 tickets the odds are 1 in 175 thousand.

Ratpack · 05-16-13, 04:56 PM

its funny how you guys are talking about something that is IMPOSSIBLE to win but i will let you boys dream gl i hope one of you prove me wrong and win it for the rest of us.

The Kraken · 05-16-13, 05:28 PM

Originally posted by odog11

You must understand lots of people believe that someone with 100 tickets has better chances(100 times better in fact) of winning than someone with 1.

Um, they do.

if the odds are 1:175,000,000 to win and you buy 1 ticket, well then those are your odds.

if you buy 100 tickets, your odds are 1:175,000,000 minus 99.

unreal.

Just fukking unreal

ChalkyDog · 05-16-13, 05:57 PM

Yeeep.

Steps in order of what to do with new found fortune.

1) Shit on boss' desk.
2) Buy a new car
3) Buy a new woman
4) Pay my wife to deal with new woman (the alternative is obvious)
5-73) General degenerate purchases and wastes of money

..... This is where the plan really comes together.

74) Purchase the Phoenix Coyotes
75) Take whatever cash I have left, make a syndicate, fan out across the globe to recollect the purchase money of the Coyotes via point shaving/fixing during next Hockey Season.
76) Own hockey team free and clear. Hopefully am still allowed to reside in the US.
77) Play more lottery.

greenhippo · 05-16-13, 06:20 PM

Goes without saying I'd try and buy 5-10% of a major sports franchise. Wouldn't even care if it were the Columbus Blue Jackets.

The Kraken · 05-16-13, 06:21 PM

Hippo, id buy the Thunder and move them to Seattle

freelee · 05-16-13, 06:22 PM

Originally posted by The Kraken

Um, they do.

if the odds are 1:175,000,000 to win and you buy 1 ticket, well then those are your odds.

if you buy 100 tickets, your odds are 1:175,000,000 minus 99.

unreal.

Just fukking unreal

if you buy 100 tickets your odds are 1:1,750,000

greenhippo · 05-16-13, 06:25 PM

Originally posted by The Kraken

Hippo, id buy the Thunder and move them to Seattle

What people are not understanding about the Kings situation is both cities are fighting to NOT have the Kings play in their city. That Microsoft guy is putting up millions to keep them out of the city.

Smoke · 05-16-13, 06:25 PM

Kraken id buy the thunder and move them to mexico

tto827 · 05-16-13, 06:26 PM

Originally posted by The Kraken

Um, they do.

if the odds are 1:175,000,000 to win and you buy 1 ticket, well then those are your odds.

if you buy 100 tickets, your odds are 1:175,000,000 minus 99.

unreal.

Just fukking unreal

Minus 99 Kraker... you sure about that?

ChalkyDog · 05-16-13, 06:31 PM

Originally posted by greenhippo

What people are not understanding about the Kings situation is both cities are fighting to NOT have the Kings play in their city. That Microsoft guy is putting up millions to keep them out of the city.

What? Where do you get this impression?

Kevin Johnson is fighting with everything he's got to keep the Kings home.

The Kraken · 05-16-13, 06:34 PM

Originally posted by tto827

Minus 99 Kraker... you sure about that?

I guess it could be 1:175,000,000 minus 100 but I think the one is accounted for in the original odds.

so while I'm fairly sure it's minus 99, it could be minus 100

what do you think tto

Russian Rocket · 05-16-13, 06:41 PM

Originally posted by ChalkyDog

What? Where do you get this impression?

Kevin Johnson is fighting with everything he's got to keep the Kings home.

Kevin Johnson is fighting to win a powerball or what's the story here?

tto827 · 05-16-13, 06:43 PM

Originally posted by The Kraken

I guess it could be 1:175,000,000 minus 100 but I think the one is accounted for in the original odds.

so while I'm fairly sure it's minus 99, it could be minus 100

what do you think tto

Uhh.... dividing might get you a bit closer to the actual odds.

The Kraken · 05-16-13, 06:44 PM

It's about .00000057, whatever that comese out to be. Seems liek about 1:174,999,900. Maybe not.

ChalkyDog · 05-16-13, 06:46 PM

Originally posted by Russian Rocket

Kevin Johnson is fighting to win a powerball or what's the story here?

Sheeit, probably. Doubt he would use the funds on the kings though.

The Kraken · 05-16-13, 06:47 PM

And for the record, that was sarcasm. My way of admitting I was wrong. Thanks for the correction tto.

TheCentaur · 05-16-13, 06:48 PM

Originally posted by newguy

so you need to be able to beat 8% in investment vehicles. Can be done for sure - just depends on what you want to do with it.

Really? Tell me an investment vehicle that is a sure 8%/year I would love to know

Another big reason I wouldn't want the annuity that no one has mentioned is you would be trusting this program to be solvent for 30 years. Where the government is involved that's a big risk

tto827 · 05-16-13, 06:52 PM

Originally posted by TheCentaur

Really? Tell me an investment vehicle that is a sure 8%/year I would love to know

Another big reason I wouldn't want the annuity that no one has mentioned is you would be trusting this program to be solvent for 30 years. Where the government is involved that's a big risk

There is no % added to the annuity first off, and if you can't double the lump sum in 30 years, that's just sad. There really isn't much risk Centaur, they only pay out like 40% of all ticket purchases, a lot of dumb people play these when the pot is 50 mil.

TheCentaur · 05-16-13, 06:57 PM

Originally posted by tto827

There is no % added to the annuity first off, and if you can't double the lump sum in 30 years, that's just sad.

I realize that, but that can be done in less than 24 years with 3% return/yr. I want to know what the 8% guaranteed return is. I'm serious, I want some good investment ideas

tto827 · 05-16-13, 07:02 PM

Originally posted by TheCentaur

I realize that, but that can be done in less than 24 years with 3% return/yr. I want to know what the 8% guaranteed return is. I'm serious, I want some good investment ideas

I think you know this and just want a laugh, but 0.0 percent chance there's a guaranteed 8% return out there today.