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re: Powerball now officially up to 1.4 Billion, up from 1.3

Posted on 1/11/16 at 10:29 am to
Posted by LNCHBOX
70448
Member since Jun 2009
84306 posts
Posted on 1/11/16 at 10:29 am to
quote:

Thursday night at 9pm.


Trying to get people to wait until after the actual drawing on Wednesday to lessen the chance of a split pot?


Bold move
Posted by slackster
Houston
Member since Mar 2009
85137 posts
Posted on 1/11/16 at 10:38 am to
quote:

to lessen the chance of a split pot?



I just can't get over the "downside" of this drawing.

IF you split the pot with someone, you'd still have a cash payout of $434M - the 2nd largest in US lottery history. However, the other winner would have effectively "costed" you $434M in additional cash.

Additionally, a current single winner in LA would have a federal tax bill of ~$343,728,000 and a state tax bill of ~$31,456,000.
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