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Message
re: OFFICIAL: No winners in the powerball tonight...Wed drawing at 1.3 Billion
Posted on 1/10/16 at 10:21 am to shel311
Posted on 1/10/16 at 10:21 am to shel311
quote:
Yea...but...umm...it's really only $450 million after taxes, so it's not that much!!!
Obviously the jackpot would be incredible, but can you imagine filing that form 1040 next year?
Line 44 on your Form 1040 would show your tax as $319,176,000+. That would be a pretty sickening day, offset only by the $400+ million you have in the bank.
2
Posted on 1/10/16 at 10:42 am to slackster
So technically speaking some one could spend just under $600 million and buy every combination and win $1.3 billion...correct. Would that person come out ahead or behind after taxes?
Posted on 1/10/16 at 11:09 am to slackster
quote:
but can you imagine filing that form 1040 next year?
No, cause I won't be doing anything except working at living life to the max.
My people will handle that petty shite.
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