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Started By
Message
There was $273,869,273 in other prizes won and the pot split 3 ways
Posted on 1/14/16 at 7:13 am
Posted on 1/14/16 at 7:13 am
So each prize winner will get $130 Mil give or take if they take the cash payout after the lotto fees and taxes?
Posted on 1/14/16 at 7:22 am to stout
Looks correct to me. $130 million in a cash payout would be a nice life - for a person educated on how to handle money.
Posted on 1/14/16 at 8:01 am to stout
I don't think anything other than the jackpot come out of the 1.5 billion? So all the other cash prizes come out of another account and the jackpot is split between the 3 winning tickets which brings up their take home cash....I think.
Posted on 1/14/16 at 8:28 am to stout
quote:
So each prize winner will get $130 Mil
seems like it would be higher...only 390 million in cash off of 1.58 billion?
Posted on 1/14/16 at 8:30 am to stout
The other prizes paid out do not come from the jackpot.
Posted on 1/14/16 at 8:42 am to stout
quote:
The cash value, or lump sum total, of Wednesday's jackpot was $929.9 million.
quote:
If each takes the lump-sum payout, each winner will take home $187.2 million. None will have to pay state taxes -- neither Florida nor Tennessee has a state income tax, and California has a decades-old law that exempts lottery winners from paying state taxes. So they'll all only have to pay 39.6% in federal taxes.
Posted on 1/14/16 at 8:44 am to stout
I wonder how much the clerk and store that sold the winning tickets gets
I know they each get a payout of something
I know they each get a payout of something
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 9:09 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?
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