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Powerball-$800 million

Posted on 1/7/16 at 6:39 am
Posted by mailman
Houston
Member since Jul 2009
6143 posts
Posted on 1/7/16 at 6:39 am
Whos in now?!? Hope someone from Louisiana wins!!

Edit
It's now 700 million, I think it might hit 800 by Sat!!

Lump sum
approx) $496,000,000.00 / $299,584,000.00 (after 39.6% federal tax)
This post was edited on 1/8/16 at 10:29 am
Posted by Kujo
225-911-5736
Member since Dec 2015
6015 posts
Posted on 1/7/16 at 6:44 am to
If I win, I'm buying every home between Government and Louise & I-10 and Park, and quadrupling my money when I evict everyone.

Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51245 posts
Posted on 1/7/16 at 6:51 am to
Even though I have a better chance of being struck by lightning twice at the same time while a plane crashes on me while a wooly mammoth comes back to life to eat me...I think I may still buy one this time.
Posted by Bama and Beer
Baldwin Co, AL
Member since Oct 2010
80870 posts
Posted on 1/7/16 at 6:52 am to
quote:

Hope someone from TD wins!
would be epic
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51245 posts
Posted on 1/7/16 at 6:53 am to
quote:

Hope someone from TD wins!


quote:

would be epic


TigerDroppings would become CockDroppings
Posted by Oates Mustache
Member since Oct 2011
22051 posts
Posted on 1/7/16 at 6:54 am to
I'd start mass banning people like crazy. Those estimates were being said to be way off this morning as a feeding frenzy should drive it to $750 million by Saturday.
Posted by ThatMakesSense
Fort Lauderdale
Member since Aug 2015
14792 posts
Posted on 1/7/16 at 6:55 am to
If you don't buy one, you have ZERO chance of winning.


Posted by mailman
Houston
Member since Jul 2009
6143 posts
Posted on 1/7/16 at 7:07 am to
Its going to break records
Posted by SirWinston
PNW
Member since Jul 2014
81367 posts
Posted on 1/7/16 at 7:09 am to
Yeah I'll be in this go round
Posted by Modern
Fiddy Men
Member since May 2011
16876 posts
Posted on 1/7/16 at 7:13 am to
How much would the lump sum be, after taxes?
Posted by 9Fiddy
19th Hole
Member since Jan 2007
64029 posts
Posted on 1/7/16 at 7:16 am to
413.1 million cash value

Tax rate of 38% if you did as individual and didn't go the incorporated route.

Comes to $256,122,000.00 in hand.
This post was edited on 1/7/16 at 7:17 am
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
65681 posts
Posted on 1/7/16 at 7:21 am to
git you some !
Posted by lsusteve1
Member since Dec 2004
41860 posts
Posted on 1/7/16 at 7:21 am to
quote:

Comes to $256,122,000.00 in hand.





OT Baller status $ right there
Posted by matsuflex
Louisiana
Member since Feb 2009
1523 posts
Posted on 1/7/16 at 7:23 am to
I got to the store five minutes too late last night and just bought some scratch offs. Won 20$ and a free ticket!
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
65681 posts
Posted on 1/7/16 at 7:24 am to
quote:

Comes to $256,122,000.00 in hand.


pfffft ! why bother?
Posted by TigerMyth36
River Ridge
Member since Nov 2005
39728 posts
Posted on 1/7/16 at 7:28 am to
quote:

Even though I have a better chance of being struck by lightning twice at the same time while a plane crashes on me while a wooly mammoth comes back to life to eat me while Rex votes Republican...I think I may still buy one this time.
Posted by PSU2LSU
Oxford MS
Member since Apr 2011
3144 posts
Posted on 1/7/16 at 7:51 am to
quote:

413.1 million cash value

Tax rate of 38% if you did as individual and didn't go the incorporated route.

Comes to $256,122,000.00 in hand.


Top tax rate is 39.6%. LA state tax is 5%. For rounding purposes we'll go with a 45% tax rate.

Current lump sum of 413 million * 45% = 227.15 million after taxes.
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 1/7/16 at 8:22 am to
$750 million at 40% tax (no income in TN), looks like I'm winning $450,000,000 this weekend.

Posted by Liverflipper
Louisiana
Member since Dec 2014
186 posts
Posted on 1/7/16 at 8:28 am to
If I win I'm buying Tigerdroppings and allowing unlimited porn posts.
Posted by NOX
Member since Dec 2009
5917 posts
Posted on 1/7/16 at 8:32 am to
have a down vote
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