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Started By
Message
3
Posted on 1/14/16 at 8:45 am to Croacka
$50,000 to the stores IIRC
Posted on 1/14/16 at 8:46 am to stout
Dude in Cali says he's getting a million.
Posted on 1/14/16 at 8:47 am to stout
quote:
$50,000 to the stores IIRC
could be but I thought the jackpot tickets were based on a percentage of the jackpot.
ETA: I would love to know how much of the $2 per ticket goes into the advertised jackpot
This post was edited on 1/14/16 at 8:49 am
Posted on 1/14/16 at 8:51 am to Topwater Trout
quote:
could be but I thought the jackpot tickets were based on a percentage of the jackpot.
I think they get like $10K for selling a million dollar winner and $50K for the grand prize tickets and they make .05 cent off every ticket sold.
At least, I seem to recall it being that when I contacted the lotto about adding it to my gas station. They also charge you a gateway fee and you have to have a dedicated telephone line for the machine. It would have cost me money to have it in my little station in the long run.
ETA: That may have been the rates for just the LA Lotto.
This post was edited on 1/14/16 at 8:55 am
Posted on 1/14/16 at 8:52 am to stout
quote:
$50,000 to the stores IIRC
1 million per the news this morning
Posted on 1/14/16 at 8:53 am to Walking the Earth
Saw the guy in Florida said he was getting a million too.
Posted on 1/14/16 at 8:53 am to yellowfin
quote:
For every $1 worth of Powerball sales, half goes to prizes, 40 percent to causes such as education, and 10 percent to retailers who sell the tickets and other administrative costs, Grief said.
Posted on 1/14/16 at 8:54 am to yellowfin
quote:
1 million per the news this morning
Damn!
Beats making .80 cents off of a pack of cigs
Posted on 1/14/16 at 8:55 am to Croacka
quote:store in California gets $1MM
I wonder how much the clerk and store that sold the winning tickets gets
Posted on 1/14/16 at 8:57 am to stout
quote:The storeowner in Cali if a foreigner. I'm betting he's getting that all tax free
Damn!
Beats making .80 cents off of a pack of cigs
Posted on 1/14/16 at 8:57 am to stout
I believe it's 1 million
Posted on 1/14/16 at 8:58 am to stout
Buddy of mine in central won $50,000
Posted on 1/14/16 at 9:02 am to ForeverLSU02
quote:
The storeowner in Cali if a foreigner. I'm betting he's getting that all tax free
They showed the daughter of the store owner on CNN this am. Pretty girl.
Posted on 1/14/16 at 9:02 am to stout
quote:
Beats making .80 cents off of a pack of cigs
govt makes way more than that off a pack right?
Posted on 1/14/16 at 9:04 am to yellowfin
quote:
govt makes way more than that off a pack right?
Not sure. They are taxed way before they ever get to the retailer
Posted on 1/14/16 at 9:05 am to Croacka
quote:
wonder how much the clerk and store that sold the winning tickets gets
I know they each get a payout of something
Store gets the max payout of $1 million dollars.
Clerks get $0 . Nothing.
Winner can give the clerks tips if the tickets weren't purchased from a vending machine.
Posted on 1/14/16 at 9:09 am to stout
quote:
So each prize winner will get $130 Mil give or take if they take the cash payout after the lotto fees and taxes
Where are you all getting this info?
The cash value is nearly $985 million divided by 3.
Nearly $330 million dollars each before taxes. Some don't have to pay state taxes.
Around $200 million each after taxes?
Posted on 1/14/16 at 9:10 am to sugar71
Calm your tits, sugar. We already established my OP was wrong.
Posted on 1/14/16 at 9:12 am to stout
Just showed owner on CNN...he's owned that 7-11 for 24 years.
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