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5 seconds of fame?
Local TV station's supper hour show had one of it's people (former ladies world champion curler) down at Point Pleasant Park asking people what they would do if they won your Powerball 1.4 billion dollar prize.
Yes... seems silly ..I'm not sure if you can even get tickets up here. Anyway I did right by the group..or at least by the few boaters in here. I said I'd buy a large yacht. Probably should have led with family, charities etc...but she caught me by surprise and that was the first thing out of my mouth. |
5 seconds of fame?
On Tue, 12 Jan 2016 17:18:57 -0800 (PST), True North wrote:
Local TV station's supper hour show had one of it's people (former ladies world champion curler) down at Point Pleasant Park asking people what they would do if they won your Powerball 1.4 billion dollar prize. Yes... seems silly ..I'm not sure if you can even get tickets up here. Anyway I did right by the group..or at least by the few boaters in here. I said I'd buy a large yacht. Probably should have led with family, charities etc...but she caught me by surprise and that was the first thing out of my mouth. You can always spend some of the money taking the family and the disadvantaged for rides on the yacht, good food, entertainment, medical care, whatever. -- Ban idiots, not guns! |
5 seconds of fame?
On 1/12/2016 7:18 PM, True North wrote:
Local TV station's supper hour show had one of it's people (former ladies world champion curler) down at Point Pleasant Park asking people what they would do if they won your Powerball 1.4 billion dollar prize. Yes... seems silly ..I'm not sure if you can even get tickets up here. Anyway I did right by the group..or at least by the few boaters in here. I said I'd buy a large yacht. Probably should have led with family, charities etc...but she caught me by surprise and that was the first thing out of my mouth. Don't get to excited, if you take the lump sum payment, after taxes you'll be lucky to have $600 Million to scrimp by on. I'm frugal though, that could last the rest of my life :-) Mikek |
5 seconds of fame?
On Wednesday, 13 January 2016 12:25:13 UTC-4, amdx wrote:
On 1/12/2016 7:18 PM, True North wrote: Local TV station's supper hour show had one of it's people (former ladies world champion curler) down at Point Pleasant Park asking people what they would do if they won your Powerball 1.4 billion dollar prize. Yes... seems silly ..I'm not sure if you can even get tickets up here. Anyway I did right by the group..or at least by the few boaters in here. I said I'd buy a large yacht. Probably should have led with family, charities etc...but she caught me by surprise and that was the first thing out of my mouth. Don't get to excited, if you take the lump sum payment, after taxes you'll be lucky to have $600 Million to scrimp by on. I'm frugal though, that could last the rest of my life :-) Mikek Don't you plan on coming back for a few more after this one ends? |
5 seconds of fame?
On Tue, 12 Jan 2016 17:18:57 -0800 (PST), True North
wrote: Local TV station's supper hour show had one of it's people (former ladies world champion curler) down at Point Pleasant Park asking people what they would do if they won your Powerball 1.4 billion dollar prize. Yes... seems silly ..I'm not sure if you can even get tickets up here. Anyway I did right by the group..or at least by the few boaters in here. I said I'd buy a large yacht. Probably should have led with family, charities etc...but she caught me by surprise and that was the first thing out of my mouth. I think I would get some new tires for my wife's Lincoln ... .... then give it to the Salvation Army ;-) The ironic thing is, that the more money lottery winners get, the sooner they are broke. I do think I would give a lot of the money away but not to scammers and casinos. It might be fun to run a "Habitat" type organization building cheap homes for people who need one. Either that or **** it all away on hookers and blow. |
5 seconds of fame?
On Wed, 13 Jan 2016 11:35:30 -0500, wrote:
Either that or **** it all away on hookers and blow. === And waste the rest... :-) |
5 seconds of fame?
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5 seconds of fame?
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5 seconds of fame?
10:25 AMamdx - show quoted text - Don't get to excited, if you take the lump sum payment, after taxes you'll be lucky to have $600 Million to scrimp by on. I'm frugal though, that could last the rest of my life :-) Mikek ---- And, if YOU win and decide to take the payments, and in the course, YOU die, all payments stop. The payments were to YOU and not to a beneficiary. |
5 seconds of fame?
On 1/14/2016 12:07 AM, Tim wrote:
10:25 AMamdx - show quoted text - Don't get to excited, if you take the lump sum payment, after taxes you'll be lucky to have $600 Million to scrimp by on. I'm frugal though, that could last the rest of my life :-) Mikek ---- And, if YOU win and decide to take the payments, and in the course, YOU die, all payments stop. The payments were to YOU and not to a beneficiary. I just read that is not so Tim. The annual payments become part of your estate. |
5 seconds of fame?
On Wed, 13 Jan 2016 21:07:13 -0800 (PST), Tim
wrote: 10:25 AMamdx - show quoted text - Don't get to excited, if you take the lump sum payment, after taxes you'll be lucky to have $600 Million to scrimp by on. I'm frugal though, that could last the rest of my life :-) Mikek ---- And, if YOU win and decide to take the payments, and in the course, YOU die, all payments stop. The payments were to YOU and not to a beneficiary. In that regard, you should turn in the ticket in your name, your wife and the kids if you are taking the annuity. Personally I would take the cash. There are people now in Ohio who are just getting an IOU because the state is broke. I wouldn't trust the government to come up with 50 million a year for 30 years. |
5 seconds of fame?
On Thu, 14 Jan 2016 00:43:20 -0500, "Mr. Luddite"
wrote: On 1/14/2016 12:07 AM, Tim wrote: 10:25 AMamdx - show quoted text - Don't get to excited, if you take the lump sum payment, after taxes you'll be lucky to have $600 Million to scrimp by on. I'm frugal though, that could last the rest of my life :-) Mikek ---- And, if YOU win and decide to take the payments, and in the course, YOU die, all payments stop. The payments were to YOU and not to a beneficiary. I just read that is not so Tim. The annual payments become part of your estate. I am not sure that is true if you simply file as a single winner. I suspect you need a trust or something ... unless powerball is different than the regular lottery. I still would not trust a state to be good for this much money in 30 years. You know the lotto winner will get paid after the banks, the cops, the teachers, the garbage men and the people who paid their bribes on time every cycle. |
5 seconds of fame?
On Wednesday, January 13, 2016 at 11:43:24 PM UTC-6, Mr. Luddite wrote:
On 1/14/2016 12:07 AM, Tim wrote: 10:25 AMamdx - show quoted text - Don't get to excited, if you take the lump sum payment, after taxes you'll be lucky to have $600 Million to scrimp by on. I'm frugal though, that could last the rest of my life :-) Mikek ---- And, if YOU win and decide to take the payments, and in the course, YOU die, all payments stop. The payments were to YOU and not to a beneficiary. I just read that is not so Tim. The annual payments become part of your estate. Well, I'll say that's the way I've always understood it. And yes, I could be wrong. |
5 seconds of fame?
On Thursday, January 14, 2016 at 12:37:17 AM UTC-6, wrote:
On Wed, 13 Jan 2016 21:07:13 -0800 (PST), Tim wrote: 10:25 AMamdx - show quoted text - Don't get to excited, if you take the lump sum payment, after taxes you'll be lucky to have $600 Million to scrimp by on. I'm frugal though, that could last the rest of my life :-) Mikek ---- And, if YOU win and decide to take the payments, and in the course, YOU die, all payments stop. The payments were to YOU and not to a beneficiary. In that regard, you should turn in the ticket in your name, your wife and the kids if you are taking the annuity. Personally I would take the cash. There are people now in Ohio who are just getting an IOU because the state is broke. I wouldn't trust the government to come up with 50 million a year for 30 years. Greg, I don't know about Ohio but Illinois wasn't paying anything above a small amount in the Illinois lottery because they didn't have a balanced budget signed in. I think some lawsuits againt the state kinda cured that, though |
5 seconds of fame?
On 1/14/2016 2:50 AM, Tim wrote:
On Wednesday, January 13, 2016 at 11:43:24 PM UTC-6, Mr. Luddite wrote: On 1/14/2016 12:07 AM, Tim wrote: 10:25 AMamdx - show quoted text - Don't get to excited, if you take the lump sum payment, after taxes you'll be lucky to have $600 Million to scrimp by on. I'm frugal though, that could last the rest of my life :-) Mikek ---- And, if YOU win and decide to take the payments, and in the course, YOU die, all payments stop. The payments were to YOU and not to a beneficiary. I just read that is not so Tim. The annual payments become part of your estate. Well, I'll say that's the way I've always understood it. And yes, I could be wrong. This is from the Powerball website. It's also explained in many other places: "WHAT HAPPENS IF AN ANNUITY PRIZE WINNER DIES? The estate will handle the lottery prize. A lottery annuity prize is just like any other asset. You can pass any remaining annuity payments on to your heirs or to anyone else. The Powerball game will even cash out an annuity prize for an estate. This may make it easier for the estate to distribute the prize. It also may be necessary to cash out the annuity to pay Federal estate taxes. We will sell some or all of the securities at competitive bid or will even just transfer the securities to the estate. We do not charge a fee of any kind. We often hear people complain that the jackpot should not go back to "the state" when a winner dies. It does not. I think that this misunderstanding may come from the response that the prize "goes to the Estate" and some people hear "goes to the State."" I got a kick out of the last sentence. :-) http://www.powerball.com/pb_contact.asp |
5 seconds of fame?
On Thursday, January 14, 2016 at 4:45:13 AM UTC-6, Mr. Luddite wrote:
On 1/14/2016 2:50 AM, Tim wrote: On Wednesday, January 13, 2016 at 11:43:24 PM UTC-6, Mr. Luddite wrote: On 1/14/2016 12:07 AM, Tim wrote: 10:25 AMamdx - show quoted text - Don't get to excited, if you take the lump sum payment, after taxes you'll be lucky to have $600 Million to scrimp by on. I'm frugal though, that could last the rest of my life :-) Mikek ---- And, if YOU win and decide to take the payments, and in the course, YOU die, all payments stop. The payments were to YOU and not to a beneficiary. I just read that is not so Tim. The annual payments become part of your estate. Well, I'll say that's the way I've always understood it. And yes, I could be wrong. This is from the Powerball website. It's also explained in many other places: "WHAT HAPPENS IF AN ANNUITY PRIZE WINNER DIES? The estate will handle the lottery prize. A lottery annuity prize is just like any other asset. You can pass any remaining annuity payments on to your heirs or to anyone else. The Powerball game will even cash out an annuity prize for an estate. This may make it easier for the estate to distribute the prize. It also may be necessary to cash out the annuity to pay Federal estate taxes. We will sell some or all of the securities at competitive bid or will even just transfer the securities to the estate. We do not charge a fee of any kind. We often hear people complain that the jackpot should not go back to "the state" when a winner dies. It does not. I think that this misunderstanding may come from the response that the prize "goes to the Estate" and some people hear "goes to the State."" I got a kick out of the last sentence. :-) http://www.powerball.com/pb_contact.asp Yes, the last line probably did it. Thanks for the clarification... |
5 seconds of fame?
Tim wrote:
10:25 AMamdx - show quoted text - Don't get to excited, if you take the lump sum payment, after taxes you'll be lucky to have $600 Million to scrimp by on. I'm frugal though, that could last the rest of my life :-) Mikek ---- And, if YOU win and decide to take the payments, and in the course, YOU die, all payments stop. The payments were to YOU and not to a beneficiary. I think that is not true. Is an annuity, just like one purchased, with beneficiaries. |
5 seconds of fame?
Tim wrote:
On Thursday, January 14, 2016 at 12:37:17 AM UTC-6, wrote: On Wed, 13 Jan 2016 21:07:13 -0800 (PST), Tim wrote: 10:25 AMamdx - show quoted text - Don't get to excited, if you take the lump sum payment, after taxes you'll be lucky to have $600 Million to scrimp by on. I'm frugal though, that could last the rest of my life :-) Mikek ---- And, if YOU win and decide to take the payments, and in the course, YOU die, all payments stop. The payments were to YOU and not to a beneficiary. In that regard, you should turn in the ticket in your name, your wife and the kids if you are taking the annuity. Personally I would take the cash. There are people now in Ohio who are just getting an IOU because the state is broke. I wouldn't trust the government to come up with 50 million a year for 30 years. Greg, I don't know about Ohio but Illinois wasn't paying anything above a small amount in the Illinois lottery because they didn't have a balanced budget signed in. I think some lawsuits againt the state kinda cured that, though They need Al Gore's "lock box" in IL! https://www.youtube.com/watch?v=F9pqmW-D14I |
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