Ohio Chatter
Ohio Chatter

Forums

All Threads Serious Business Sports Politics Archive Pick 'ems Wordio
Log In Create Account

Powerball jackpot up to $600 million

Home ▸ Archive ▸ Serious Business ▸ Powerball jackpot up to $600 million
brutus161's avatar

brutus161

The Navy Guy

1,686 posts
May 19, 2013 2:23 AM
Apparently, they stop selling at at 10. Oh, well.
May 18, 2013 10:23pm
OSH's avatar

OSH

Kosh B'Gosh

4,145 posts
May 19, 2013 2:53 AM
Powerball website is overloaded right now. I cannot see the draw. So, if someone can post the numbers, that'd be great...

:)
May 18, 2013 10:53pm
Tiger2003's avatar

Tiger2003

Kill or be Killed

15,421 posts
May 19, 2013 3:16 AM
The winning numbers in the $600M drawing are 22, 10, 13, 14, 52 and Powerball 11.
May 18, 2013 11:16pm
GoPens's avatar

GoPens

Senior Member

2,339 posts
May 19, 2013 4:38 AM
4 bucks!! Whoo-hoo!
May 19, 2013 12:38am
Trueblue23's avatar

Trueblue23

BASEDgod

7,463 posts
May 19, 2013 5:26 AM
Winning ticket sold in Florida.
May 19, 2013 1:26am
Laley23's avatar

Laley23

GOAT

29,506 posts
May 19, 2013 11:47 AM
Only 1 winner, in Florida, with no state income tax. FUCK! Taking home over 300 Million lump sum after Federal Taxes.
May 19, 2013 7:47am
Crimson streak's avatar

Crimson streak

Senior Member

9,002 posts
May 19, 2013 12:43 PM
I didn't have a single number lol wtf
May 19, 2013 8:43am
ernest_t_bass's avatar

ernest_t_bass

12th Son of the Lama

24,984 posts
May 19, 2013 1:23 PM
Laley23;1445032 wrote:Only 1 winner, in Florida, with no state income tax. FUCK! Taking home over 300 Million lump sum after Federal Taxes.
fucking christ, govt. takes almost half?
May 19, 2013 9:23am
said_aouita's avatar

said_aouita

Banned

8,532 posts
May 19, 2013 2:08 PM
Laley23;1445032 wrote:Only 1 winner, in Florida, with no state income tax. FUCK! Taking home over 300 Million lump sum after Federal Taxes.
No state tax but FEMA has practically declared the entire state a flood zone. Big brother will get paid one way or the other.
May 19, 2013 10:08am
M

MontyBrunswick

May 19, 2013 2:31 PM
ernest_t_bass;1445040 wrote:fucking christ, govt. takes almost half?
Lottery tickets are annuities. You can take the cash option, which is about 60% of the actual amount or take the annuity installments which actually pays out to $600m.
May 19, 2013 10:31am
Iliketurtles's avatar

Iliketurtles

Senior Member

8,191 posts
May 19, 2013 2:51 PM
I won 12 bucks! woohoo! Made 2 dollars lol.
May 19, 2013 10:51am
Mulva's avatar

Mulva

Senior Member

13,650 posts
May 19, 2013 3:50 PM
ernest_t_bass;1445040 wrote:fucking christ, govt. takes almost half?
It's taxed as ordinary income. I believe 25% is withheld federally, but they'll obviously be in the 39.6% bracket at the end of the day.
May 19, 2013 11:50am
Trueblue23's avatar

Trueblue23

BASEDgod

7,463 posts
May 19, 2013 4:19 PM
dlazz;1445048 wrote:Lottery tickets are annuities. You can take the cash option, which is about 60% of the actual amount or take the annuity installments which actually pays out to $600m.
Which would you choose? Give me the lump sum, I doubt I see 30 anyways lol
May 19, 2013 12:19pm
tk421's avatar

tk421

Senior Member

8,500 posts
May 19, 2013 7:39 PM
No way you ever take the annuities, taxes are going to only go up. 30 years from now taxes may be 60%. Get your money while you can.
May 19, 2013 3:39pm
G

gut

Senior Member

15,058 posts
May 19, 2013 8:36 PM
tk421;1445092 wrote:No way you ever take the annuities, taxes are going to only go up. 30 years from now taxes may be 60%. Get your money while you can.
Yeah, higher rates plus inflation would make taking the payments a very bad decision.

Anyway, I haven't hit an actual powerball in a long time. I had 10 tickets, and the computer spit out the same powerball on 3 of them. How does that happen?
May 19, 2013 4:36pm
G

gut

Senior Member

15,058 posts
May 19, 2013 8:40 PM
Laley23;1445032 wrote:Only 1 winner, in Florida, with no state income tax.
Imagine winning in CA and getting hit with an additional 13% state income tax. Hard to complain, but shelling out @ $40M of your winnings to the great sunshine state might sour one on income redistribution.

I'm sure CA would get their money somehow, but it would be interesting if you moved and established residence somewhere with no state income tax before claiming your prize.
May 19, 2013 4:40pm
GOONx19's avatar

GOONx19

An exceptional poster.

7,147 posts
May 19, 2013 8:45 PM
I don't know if it's true and don't want to do the math, but someone told me today that if the there was no tax deduction you could actually buy every number combination and end up making about seven hundred bucks.
May 19, 2013 4:45pm
Laley23's avatar

Laley23

GOAT

29,506 posts
May 20, 2013 12:37 AM
GOONx19;1445128 wrote:I don't know if it's true and don't want to do the math, but someone told me today that if the there was no tax deduction you could actually buy every number combination and end up making about seven hundred bucks.
Im sure it is...but its a HUGE risk. You have to be the only winner. What if you split it...4-5 ways...

Also, if you have that much money to spare, fuck playing the lottery lol.
May 19, 2013 8:37pm
M

MontyBrunswick

May 20, 2013 2:16 AM
Trueblue23;1445061 wrote:Which would you choose? Give me the lump sum, I doubt I see 30 anyways lol
Lump sum. Invest 25%, spend 25%, family 25%, save 25%.
May 19, 2013 10:16pm
H

hang_loose

Senior Member

802 posts
May 20, 2013 7:04 AM
I like your thinking dlazz..... Or I could own part of Hawaii. Ain't going to happen to me though....10 bucks ($) can't even buy me a pizza (+beer), I would have came out ahead just by just not playing the game. But if you're not in, you can't win.

Thanks for helping with hasbeen's dog. I've never met you or him (face to face) but its nice to know people will help you when they need it.

hang_loose!
May 20, 2013 3:04am
wildcats20's avatar

wildcats20

In ROY I Trust!!

27,794 posts
Jun 5, 2013 7:04 PM
Winner is an 84 year old woman from Florida.
Jun 5, 2013 3:04pm
tk421's avatar

tk421

Senior Member

8,500 posts
Jun 5, 2013 8:45 PM
it's always some old person, waste of good money that is.
Jun 5, 2013 4:45pm
G

gut

Senior Member

15,058 posts
Jun 6, 2013 8:24 PM
tk421;1453060 wrote:it's always some old person, waste of good money that is.
And the latest is some kind lady let this sweet old women cut ahead of her in line.

Not quite sure how it works, but I don't know that the lady would have actually gotten the winning ticket if she hadn't let her cut. At least, that's what I would have to convince myself of. Maybe that sweet old lady will throw her a few million.
Jun 6, 2013 4:24pm
Ironman92's avatar

Ironman92

Administrator

49,363 posts
Jun 7, 2013 1:38 AM
Reminds me of

http://youtu.be/xT1c5uZ-LZk
Jun 6, 2013 9:38pm
B

bigorangebuck22

Senior Member

186 posts
Jun 7, 2013 11:39 AM
She'll probably leave her estate to her ******* cats.
Jun 7, 2013 7:39am