I went and bought 50 tickets earlier! Lump sum...should be about $200,000,000 after taxes; I could make it on that.
I went and bought 50 tickets earlier! Lump sum...should be about $200,000,000 after taxes; I could make it on that.
ROLL TIDE ROLL!!!
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I was watching the local news & they mentioned that the 540 million after the lump sum & taxes was 262 million. That's Wisconsin though. I'm guessing that it's different from State to State.
why do they bother reporting the gross pre-tax amount? so retarded.Originally Posted by mello
That sounds even better! I was just figuring about 50% of the lump sum amount.
ROLL TIDE ROLL!!!
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if you take annual payments, how much is taxed?
35% federal and 6% for me in Alabama.
ROLL TIDE ROLL!!!
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Not retarded, different states have different taxes, smart one. Also, depends on annuity or lump sum. Don't call it retarded.
If anyone on here wins, they should donate a large sum of it to the campaign. If it were me, I'd go all-in.
George Orwell was right once again.
From "1984"
The Lottery, with its weekly pay-out of enormous prizes, was the one public event to which the proles paid serious attention. It was probable that there were some millions of proles for whom the Lottery was the principal if not the only reason for remaining alive. It was their delight, their folly, their anodyne, their intellectual stimulant. Where the Lottery was concerned, even people who could barely read and write seemed capable of intricate calculations and staggering feats of memory. There was a whole tribe of men who made a living simply by selling systems, forecasts, and lucky amulets. Winston had nothing to do with the running of the Lottery, which was managed by the Ministry of Plenty, but he was aware (indeed everyone in the party was aware) that the prizes were largely imaginary. Only small sums were actually paid out, the winners of the big prizes being non-existent persons. In the absence of any real intercommunication between one part of Oceania and another, this was not difficult to arrange.
"Logic is an enemy and truth is a menace." ~ Rod Serling
"Cops today are nothing but an armed tax collector" ~ Frank Serpico
"To be normal, to drink Coca-Cola and eat Kentucky Fried Chicken is to be in a conspiracy against yourself."
"People that don't want to make waves sit in stagnant waters. "
"Every time someone makes fun of the idea of “conspiracy theories” they are exhibiting a conditioned response – like salivating when they hear a bell or believing a TV news program." ~ Craig McKee
Yes, different states have different taxes, none of which are zero. Telling a person he can win $500M, but he can only get $200M max, you might as well tell him he can win $20B, but after all fees, taxes, other allocations, he's left with $200M. Why does he care where the rest went, as long as its not his and he has no control over it?
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