Sohh we playing the Lottery tonight? $530 Million

lotteryplaya

Winning a big lottery jackpot is my dream.
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Both Powerball and Mega Millions are over $300 million again and over $700 million combined:wow: Country is buying tickets so they can win and show up Easter Sunday looking like a million bucks.



Third time's the charm? Lottery hopefuls have another shot at 2 jackpots worth more than $300M

Lottery hopefuls have two chances (again) to win prizes of more than $300M
  • The Powerball jackpot is currently $385 million, and the Mega Millions, $318 million.
  • It's the third time ever that both games' top prizes have simultaneously exceeded the $300 million threshold.
Kelli B. Grant | @kelligrant
Published 3 Hours Ago CNBC.com


Photo by Justin Sullivan | Getty Images
Will the third time be the charm?
U.S. lottery hopefuls have another shot at two jackpots exceeding $300 million. The Powerball jackpot is currently $385 million, and the Mega Millions, $318 million. It's the third time ever that both have simultaneously been above the $300-million mark.

(Although large, neither of the current prizes is a record-setting amount: For either to land in the top 10 of U.S. jackpots, they would have to surpass the $487 million Powerball claimed by a single ticketholder back in July 2016.)


The next Powerball drawing is at 10:59 p.m. ET on Saturday, and the next Mega Millions drawing is at 11 p.m. ET on Tuesday.

The first time that both games simultaneously had jackpots topping $300 million occurred in August 2017; the second time was in December.

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Don't repeat a mistake from this $559M Powerball winner 10:38 AM ET Fri, 9 March 2018 | 01:13

In that most recent run-up, the Mega Millions was the first to pay out its jackpot in early January, with Shane Missler of Florida taking home the $451 million prize. In a recent news release, game officials said the winner claimed the prize as "the trustee of Secret 007, LLC."

The Powerball prize landed a day later, with a lone ticketholder in New Hampshire scoring $559 million. That winner, currently known only as Jane Doe, claimed her after-tax winnings of $274 million via a trust this week. However, a misstep with her handling of the ticket means it's up to a judge whether she can maintain that anonymity.

Her story underscores the importance of getting good advice on claiming prize money – especially if you want to remain anonymous. Most lottery hopefuls say they do.

How investors would handle a multi-million-dollar lottery win
Take the lump sum 74.8% Take the annuity 25.2%
Claim the ticket immediately 43.4% Wait to come forward 56.6%
Consult a lawyer/accountant/financial advisor before claiming 80.1% Claim the ticket with no outside help 19.9%
Remain anonymous 90.7% Step into the spotlight 9.3%
Quit my job immediately 48.1% Keep working 51.9%
Hire a financial advisor 63.6% Manage it myself 36.2%
SOURCE: TD Ameritrade
Tax advice is key, too: That headline prize is misleading. You won't walk away with the full amount. (See infographic below for lottery tax implications.)

Lottery site USAMega.com estimates the federal withholding on the $187 million Mega Millions lump sum would be $46.75 million, and state taxes could knock out an additional maximum amount of $16.5 million (with New York the worst offender).

For the Powerball, those tax tallies for the $229 million cash prize would be $57.25 million and up to $20.2 million, respectively.

More from Personal Finance:
Don't repeat a mistake from this $559M Powerball winner







 
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lotteryplaya

Winning a big lottery jackpot is my dream.
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Daylight savings time so we are one hour closer to the jackpot drawings for a combined over $700 million.:wow:


They want you to have one less hour to get tickets because they don't want you to win.:wow:

One hour closer until you make your dreams come true by winning that generational wealth.:wow:










 

lotteryplaya

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She won!!!:ohhh::gladbron::krs: People are going to start suing because even if you lose that just delayed the money and you have some lawyer fees but at least you tried to be anonymous.
Every major lottery winner who doesn't live in a state where you can claim anonymously or in a trust can now sue the lottery and hope they get a sympathetic judge or a judge who hates the lottery. They are only releasing her hometown so as long as she doesn't act too suspicious people wont figure it out. She can always say she has to move away for a job or to take care of a sick relative. :smugdraper:


Judge rules $560M Powerball lottery winner can stay anonymous | Lottery Post

Judge rules $560M Powerball lottery winner can stay anonymous
Mar 12, 2018, 3:57 pm

CONCORD, N.H. — A judge ruled Monday that a New Hampshire woman who won a Powerball jackpot worth nearly $560 million can keep her identity private, but not her hometown.

Judge Charles Temple noted that the case's resolution rested on application of the state's Right-to-Know law, which governs access to public records for the woman. She was identified as "Jane Doe" in a lawsuit against the New Hampshire Lottery Commission.

Temple wrote he had "no doubts whatsoever that should Ms. Doe's identity be revealed, she will be subject to an alarming amount of harassment, solicitation, and other unwanted communications." He said she met her burden of showing that her privacy interest outweighs the public's interest in disclosing her name in the nation's eighth-largest jackpot.

However, Temple noted that nothing in his order could be interpreted to prevent the lottery commission or its employees from "processing, maintaining, or accessing Ms. Doe's ticket in the normal course of business."

The woman signed her ticket after the Jan. 6 drawing, but later learned from lawyers that she could have shielded her identity by writing the name of a trust. They said she was upset after learning she was giving up her anonymity by signing the ticket — something the lottery commission acknowledged isn't spelled out on the ticket, but is detailed on its website. The woman ended up establishing the Good Karma Family Trust of 2018.

Temple found that the commission's argument that revealing her name to ensure the public she's a "bona fide" lottery participant and "real" winner was not persuasive, because a trustee claiming a prize on someone's behalf is certainly not a "bona fide" participant or a "real" winner.

Last week, the commission handed over $264 million — the amount left after taxes were deducted — to the woman's lawyers. They said she would give $150,000 to Girls Inc. and $33,000 apiece to three chapters of End 68 Hours of Hunger in the state. It is the first of what her lawyers said would be donations over the years of between $25 million to $50 million during her lifetime.

The woman's lawyers have only said she is from southern New Hampshire and doesn't want the attention that often comes with winning a big jackpot.
:banderas:

 

lotteryplaya

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Its always crazy to me think that 1 person (if its not a group of people) won that much money last night. Taking the lump sum, that is like at least $200 million after taxes. I cant comprehend how id feel if I came into that much money at once.

Why not me Lord? :damn:


We are on to Mega Millions next:beli:









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