Powerball $232 Million Lottery Winner
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but when u put all that money in the bank picture how mush u get a year he will make more then he won in the lottery think about it bank interest say like 1 milliion wroth 30.000 a year like that but with all that money u will never go broke will live my like of interest but every state has interest rate....
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Only old people win the lottery?
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I WANA A MILLION DOLLAR NOW , I LOVE MONEY
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@ANICON2006 You, my friend, need to talk to your CPA. I think you will find if there are no unusual circumstances that the cash option is the way to go. I guess it also depends on how old you are and your health as well. I remember when the lottery first started that the incremental payout was the only option. I guess no one would complain no matter how they got the money if the won. I know I wouldn't..
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@MrIndeeply That's not quite accurate, however, I do agree that the tax structure is too high. He only gets a cash amount that can produce the 232 million over a period of 20 years at the current interest rate. It's that amount that he must pay taxes on. The federal tax rate would only be about 35% of the reduced cash amount. The only way he would have gotten the 232 million is if he had taken it in annual increments over a 20 year period. No state tax on lottery winnings in most states.
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I wonder how he is helping others. I could certaily use some help trying to get a home loan and absolutely no Bank will work with me. I would totally repay the money so he could use it to help someone else. I just want to start a business for myself since working for others is drudgery, spinning my wheels, never getting ahead. I am at the end of my rope.
Anyone know how to contact him?
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Lawl i'm from SD. This was news for MONTHS. And.. You know.. farming stuff..
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Folks from my good old Dakota Terrority,Play 11&33 pairs, 9&26 or one # right after another # was drawn, 1-2-3 & 34-35-36 or one # right after another # was drawn, 22&44, 13&32,12&31, 17&20 or one # right after another # was drawn, 6&29 or one # right after another # was drawn, plus a # of drawing date sometimes; also studying the winning # patterns help too, once in a while. Good Luck!
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I wished I would have won the lottery too. I'm going to get a crystal ball and look into it for all the numbers.
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I can't hate on this guy because he was straight up struggling with his family. Nice to see someone who truly deserves it & was going threw changes finally make it!! Enjoy, God Bless!!
#1 rule if you win the lottery
Keep your mouth shut.
DragonSniper7 11 months ago 56
88 million after taxes he won 232 million the government are Pimps LOL and we Americans have to take it But it is not fair for the I.R.S. take that much money that is over half Geez!! I know 88 million will last him a life time or at least it should but the I.R.S. took 144 million from him
MrIndeeply 4 months ago 7