Topic: Powerball Jackpot Soars
Conrad_73's photo
Sun 01/10/16 10:40 AM
now,let's just hope that Money is actually there!laugh pitchfork

soufiehere's photo
Sun 01/10/16 10:58 AM

I don't watch TV.

Would someone please be kind enough to post the winning numbers, after the drawing?

Or, preferably before the drawing? :angel:
Winning #'s:

16-19-32-34-57, Powerball number 13

no photo
Sun 01/10/16 12:06 PM


I don't watch TV.

Would someone please be kind enough to post the winning numbers, after the drawing?

Or, preferably before the drawing? :angel:
Winning #'s:

16-19-32-34-57, Powerball number 13



75 percent of all combinations have been bought.

Lottery up to 1.3 BILLON

The odds to win are one in 292.2 million. The jackpot has ballooned since its Nov. 4 starting point of $40 million.

Next drawing is Wednesday night.

no photo
Sun 01/10/16 12:15 PM



I don't watch TV.

Would someone please be kind enough to post the winning numbers, after the drawing?

Or, preferably before the drawing? :angel:
Winning #'s:

16-19-32-34-57, Powerball number 13



75 percent of all combinations have been bought.

Lottery up to 1.3 BILLON

The odds to win are one in 292.2 million. The jackpot has ballooned since its Nov. 4 starting point of $40 million.

Next drawing is Wednesday night.

If my maths is correct, that would be like emptying 6500 (give or take one or two) 2KL bags of rice into a huge bath tub, one of those grains of rice is gold, and you have to close your eyes and pick it out.

Someone is actually going to be that lucky.

1.3 billion is insane

Rock's photo
Sun 01/10/16 12:17 PM


I don't watch TV.

Would someone please be kind enough to post the winning numbers, after the drawing?

Or, preferably before the drawing? :angel:
Winning #'s:

16-19-32-34-57, Powerball number 13


I got the powerball number, 13.
The other five numbers, not even close. frustrated


no photo
Sun 01/10/16 12:42 PM




I don't watch TV.

Would someone please be kind enough to post the winning numbers, after the drawing?

Or, preferably before the drawing? :angel:
Winning #'s:

16-19-32-34-57, Powerball number 13



75 percent of all combinations have been bought.

Lottery up to 1.3 BILLON

The odds to win are one in 292.2 million. The jackpot has ballooned since its Nov. 4 starting point of $40 million.

Next drawing is Wednesday night.

If my maths is correct, that would be like emptying 6500 (give or take one or two) 2KL bags of rice into a huge bath tub, one of those grains of rice is gold, and you have to close your eyes and pick it out.

Someone is actually going to be that lucky.

1.3 billion is insane


I think that gold grain of rice... Will be in the hands of a Non American.



Think of the PC & PR & Press Coverage.. spock

no photo
Sun 01/10/16 12:49 PM





I don't watch TV.

Would someone please be kind enough to post the winning numbers, after the drawing?

Or, preferably before the drawing? :angel:
Winning #'s:

16-19-32-34-57, Powerball number 13



75 percent of all combinations have been bought.

Lottery up to 1.3 BILLON

The odds to win are one in 292.2 million. The jackpot has ballooned since its Nov. 4 starting point of $40 million.

Next drawing is Wednesday night.

If my maths is correct, that would be like emptying 6500 (give or take one or two) 2KL bags of rice into a huge bath tub, one of those grains of rice is gold, and you have to close your eyes and pick it out.

Someone is actually going to be that lucky.

1.3 billion is insane


I think that gold grain of rice... Will be in the hands of a Non American.



Think of the PC & PR & Press Coverage.. spock

I do actually think I got those maths wrong, it should have been 1KL bags.

But look on the bright side, your chances have just been doubled laugh

My excuse is my age, I grew up with inches, yards and miles, Lbs and ounces.

Now I have to get my round the metric system ohwell


no photo
Sun 01/10/16 05:14 PM
Powerball jackpot world's largest at $1.3 billion

Associated Press By JOSH FUNK 2 hours ago

OMAHA, Neb. (AP) — Disappointed you didn't win the Powerball jackpot this weekend? Don't be.

Lottery officials say the prize has now swelled to an estimated $1.3 billion — the world's largest. Ever.

"Biggest jackpot in the history of the world. Absolutely confirmed," Texas Lottery executive director Gary Grief said.

The jackpot is so big that billboards in Texas and around the country have to advertise the price as $999 million because they're not built to show billions. The lottery computers will handle the decimal point without a problem.

No one matched all six Powerball numbers Saturday night, leading to the astronomical prize. And that is all but certain to grow before the next drawing Wednesday, according to lottery officials.

"We've never been at these levels," said Grief, whose state lottery is part of the Multi-State Lottery Association that runs Powerball.

The odds to win are one in 292.2 million. Seventy-five percent of all the possible combinations were purchased before Saturday's drawing, Grief said, and he expects that enough tickets will be sold to cover about 80 percent by Wednesday. About 95 percent of Powerball tickets have computer-generated numbers.

"I've been in the industry over 20 years, and I've seen jackpots hit when we hardly have any of the potential numbers covered — like 5 percent of the possible combinations covered. And I've seen other jackpots when we've had 95 percent of the combinations covered and it rolls," Grief said.

The jackpot has ballooned since its Nov. 4 starting point of $40 million and spurred huge ticket sales.

In Omaha, Les Wheeler said he probably overdid it by buying $30 worth of tickets for Saturday's drawing with a few friends, but they plan to do the same for this next jackpot.

"I didn't expect to win, but I had big dreams," said Wheeler, 53. He said a new home in another state away from Omaha's 16-degree temperatures were at the top of his wish list.

Saturday's winning numbers — 16-19-32-34-57 and Powerball number of 13 — did gain some people a little wealth: 25 tickets won $1 million by matching five numbers, and three other tickets won $2 million because they paid extra to multiply smaller prizes.

Darryl Collins, of Phoenix, and his husband each won $24 from the 70 Powerball tickets they bought. They plan to use that money toward buying more tickets for the new, higher jackpot. Collins said it was a shock that nobody won.

"It was like only 500 people who missed it by one number," Collins said. "It shows you how hard it is to win."

The 55-year-old real estate agent said he and his husband would definitely share the wealth.

"I would give a lot of it to family and friends," Collins said. "Who needs that much money?"

Michael Montecelo, a security guard in San Francisco's financial district, said he spent $20 on Powerball tickets and hasn't yet checked if he won anything. He said he will buy another $20 worth of tickets even if thinking about winning more than a billion dollars scares him a bit.

"I think I would go into a state of anxiety, but it would be a good anxiety," he said, smiling.

Montecelo, 50, said he would retire and donate some of that money and work on administering the rest.

"I would have to open an office and get a team of experts. I think my job would be to keep tabs on that money," he said. "That would be a full-time job."

The record jackpot lured an unprecedented frenzy of purchases. Between Jan. 6 and Saturday's drawings, more than $900 million in Powerball tickets were sold.

Officials expect similar sales before the next drawing, but Grief said it's hard to predict how excitement about the record jackpot will boost sales.

"It's exponentially greater than any sales that any of the states involved have ever seen," he said.

___

Associated Press writers Terry Tang in Phoenix and Olga R. Rodriguez in San Francisco contributed to this report.

http://news.yahoo.com/latest-no-powerball-winner-jackpot-080229486.html?.gg_invalid=true/

no photo
Sun 01/10/16 05:40 PM
He said he will buy another
$20 worth of tickets even if thinking about
winning more than a billion dollars scares him a
bit.
He can win a bunch but he isnt winning over a billion dollars....people forget about Uncle Sams cut laugh

no photo
Sun 01/10/16 05:59 PM

He said he will buy another
$20 worth of tickets even if thinking about
winning more than a billion dollars scares him a
bit.
He can win a bunch but he isnt winning over a billion dollars....people forget about Uncle Sams cut laugh


I think the goverment gets about a third. And I am not sure but I think it has to be in installments.
( it use to be a choice )
So it is unlikely a winner would see it all. If they die, & their heirs get it, then inheritance tax which is about 40- 44% now.

Of couse . if there are a group of winners.. Well... taxes for everyone .

slaphead

no photo
Sun 01/10/16 06:06 PM
think the goverment gets about a third. And I
am not sure but I think it has to be in
installments.
Theres a cash pay out option...its $806,000,000.....and Id put state and fed taxes at almost half of that......not that Im gonna hafta worry abt it laugh

SitkaRains's photo
Sun 01/10/16 06:41 PM

He said he will buy another
$20 worth of tickets even if thinking about
winning more than a billion dollars scares him a
bit.
He can win a bunch but he isnt winning over a billion dollars....people forget about Uncle Sams cut laugh


With it that high who cares...
We don't have lottery up here in Alaska.

This jack pot just boggles my mind...

Up here we have no state income tax either...

Rock's photo
Sun 01/10/16 07:19 PM
The powerball won me $12.00 . :laughing:


no photo
Sun 01/10/16 08:17 PM
What to do first if you win the lottery: get a lawyer.

- Tech Insider http://www.techinsider.io/lottery-win-first-thing-lawyer-2016-1/ * embedded links *
January 8, 2015

The national Powerball lottery is currently stacked at $900 million. On the off-chance you're the lucky recipient of the prize, you may have already begun daydreaming about yachts, private jets, and shopping sprees.

But hold your horses.

One important piece of advice for lotto winners has nothing to do with spending.

According to this hall of fame Reddit post, the first step to take if you find out you won the lottery is this:

Do absolutely nothing.

Don't even declare yourself as the winner. Tell no one — resist from texting or calling a single person you know.

After you've regained composure and made sure not to spill the beans, the next item on your to-do list is hire an attorney. "Get a partner from a larger, NATIONAL firm," Reddit user BlakeClass says. "Don't let them pawn off junior partners or associates on you. They might try, all law firms might, but insist instead that your lead be a partner who has been with the firm for awhile."

Step two? Claim the winnings and take the lump sum. The lottery allows winners to choose either a large, one-time payment upfront, or a lifetime of smaller annuities. According to BlakeClass, winners should accept that they're going to take a hit of at least 50% of the total jackpot in taxes, but this is the best way to go. 

From here, the rest of the steps follow relatively standard advice regarding investments and responsible spending. Bonus anecdotes from BlakeClass includes lots of horror stories from past winners and their terrible current circumstances. Read up the full (and lengthy) advice from BlakeClass on Reddit. The steps include divvying up the money among family members into locked funds, investing in the S&P 500 and the US treasuries.

As one fellow Redditor aptly responded: "That was the most useful thing I've ever read on how to do something that I will never do."

Unfortunately, it may not even be worth trying to win. But we can dream.

no photo
Sun 01/10/16 08:50 PM
How $220M Changed A Lottery Winner :

NPR http://www.npr.org/2016/01/10/462555691/how-220m-changed-a-lottery-winner/
15 hours ago

Wanna win Powerball? Listen to the advice of a seven-time winner

PennLive.com http://www.pennlive.com/news/2016/01/powerball_jackpot_lottery_1.html/
Jan. 2016

Lottery Horror Stories POPSUGAR Smart Living

http://www.popsugar.com/smart-living/Lottery-Horror-Stories-33026559/
2016

The 10 Worst Lottery Winner Horror Stories In History - TheRichest

http://www.therichest.com/rich-list/poorest-list/the-10-worst-lottery-winner-horror-stories-in-history/?view=all/
2015

Broke and murdered: Real life lottery horror stories

abc7.com http://abc7.com/finance/broke-and-murdered-real-life-lottery-horror-stories/510374/
2015

A Treasury of Terribly Sad Stories of Lotto Winners - The Atlantic

http://www.theatlantic.com/national/archive/2012/03/terribly-sad-true-stories-lotto-winners/329903/
2012

surprised

tulip2633's photo
Mon 01/11/16 10:51 AM
Woo hoo! My daughter just bought us some powerball tickets.

:banana:

Winner, winner, chicken dinner!

laugh


no photo
Mon 01/11/16 11:00 AM

Woo hoo! My daughter just bought us some powerball tickets.

:banana:

Winner, winner, chicken dinner!

laugh




Okay.. tulip2633

Just remember.... think

I want Paula Deen's Savannah Georgia Estate .....& I promised nailcap a race car.



:laughing:

tulip2633's photo
Mon 01/11/16 11:05 AM


Woo hoo! My daughter just bought us some powerball tickets.

:banana:

Winner, winner, chicken dinner!

laugh





Okay.. tulip2633

Just remember.... think

I want Paula Deen's Savannah Georgia Estate .....& I promised nailcap a race car.



:laughing:


Hell yeah!!


:banana: :banana: :banana:

no photo
Mon 01/11/16 05:42 PM
1 hour ago

Nearly $ 1.5 BILLION

Powerball: Who wants to be a billionaire? - CBS News http://www.cbsnews.com/news/powerball-who-wants-to-be-a-billionaire/

stan_147's photo
Mon 01/11/16 07:06 PM
Here's a jackpot analysis with payoffs by state.

https://www.usamega.com/powerball-jackpot.asp