Goodbye 1995 Honda Accord.  Hello 2026 Steeda Mustang.

Guess I have to crochet a bird and throw it at my window.

Spent $56, won $8

$8 won on a PB dinner gift.  So will be WISE and buy one tomorrow (yeah, right) and other $4 for Wednesday with PP/DP.

Also given 4 scratch tickets...one was for $50.   

Good luck everyone!

Spent $12, won $0.

Spending $15 for the next one.

PB sales: $155,964,094

Powerplay sales: $16 M, yet PB people only put $100 million back to the new jackpot. They kept $70 M 

similar withholds for other rolls.

Correct, that's how lotteries work.  It's linked in the article, but this video may be a good refresher on how lottery jackpots are calculated.

When you look at the top 11 jackpots on the list, it looks like it's taking more rolls for this current jackpot to grow.

Any expert on the subject?

Is it the federal rates or something like that?

Either way, I would still be happy to win it regardless of the number of rolls.

I would even forget what roll it's at 🤣🤣🤣

That is so funny 🤣🤣🤣 you nailed it.

Hint, hint - one needs to have read another article to get the joke 🤣🤣

Imagine .... three years ago it took two less rolls than this current jackpot to land a jackpot that was twice as big.

Go figure ?!

Anyhoo ..... 

Have a shaggy day!

ShagE3

Glad you liked it,  and good luck Monday to you and all the LP players..

I guess it's because people aren't playing as much. And this is in spite of MM jacking up their tickets to $5.

sully16, If the bird you crochet comes to life and flys to you'll really jump up and down!  😊

LOL I will be rich.

What would really be great would be, if you won the jackpot and it was totally tax free. 

Then you would actually win a billion dollars. Instead of the $589,789,394 you end up with after Fed and state taxes after 30 years, or the $269,361,980 you end up with after taxes if you take the cash. 

But which window? 

my bday on Tues.  would be an awesome bday present

I got my 2 tickets with me.

Ready to become a multi millionaire with $4 🙏

All the birds around me have migrated so will need a different sign, maybe a bear 🐻

Chipmunk,  they are adorable .

Hm, might have to involve the neighbors.

Happy Happy Birthday Wander, I hope you have the greatest day ever.

I only missed it by 6 numbers !

I missed it by 5 numbers so I'm getting better.

With Australia in the news decided to see about their Powerball.    SEVEN #'s Plus a Powerball #....makes our Powerball look like a walk in the park.   Be that as it may they don't pay taxes on their winnings.

The range is much smaller, 35 for the first set and 20 for the powerball. Chance of winning is 1 in 134 million.

Hope my state finally win.
Good 🤞 luck to all

i hope so too

Alright, now I advise all my fellow lotterypost friends to either go out to your favorite bakery and pick out something scrumptious or prepare yourself some "rich" (did I say RICH?) desert in your kitchen because you want to be prepared for the big ..... . letdown after you realize you didn't quite match all the numbers for powerball tonight. 

As for myself ..... Seeing as though I'm gonna win ..... I'll save myself the calories carbs and fat and forego the desert to keep myself healthy so I can enjoy my winnings for tears to come!

Bon appetit!

Have a shaggy day !

ShagE3

On second thought .     just in case per chance that I come up short maybe I should go to the store and buy a box of little Debbie's .

No, they kept about $86 million. I assume the video explains it, but the very first thing they do is skim 50% of sales for the states. The "$100 million back to the new jackpot" is actually about $45.8 million (of the $86 million for prizes) but if you let them invest it for you they'll eventually give you $100 million more than if you'd won on Saturday.

Yes, that would be much simpler and fairer. Taxes should be built into the price of the ticket, although I understand each state has different taxes and you wouldn't have a flat ticket price. Let's be honest, unless you take the actual cash and stuff it in a mattress, the winnings will be spent or invested and thus taxed at every stage - profits, dividends, interest, stamp duties, sales taxes etc etc etc.

Here in Australia our Powerball jackpots are obviously much lower given our population of 27m, but the structure is so much simpler. There is no annuity, just a lump sum, and no tax on that. You win $100M and it's all yours, and with no gift tax you can give money to family and friends without being slugged. They'll spend the money, so the government will get their pound of tax. Also, winning is anonymous if you want it to be, as we all would if we won big.

I drove around yesterday flipping the bird.  Maybe that'll work for me....😂

O.K. here I go again with hopefully a clearer worded question:

I live in a state that taxes lottery winnings

I live next to a state that doesn't tax lottery winnings

If I purchase my tickets in the non tax state .... 

 and WIN the jackpot .. ..

  and move to the non tax state and establish citizenship ..,

and then claim my winnings .... am I taxed in my former state?

Thank you

Have a shaggy day

ShagE3

@ShagE3  I doubt it, they would go on which state you were resident in on the day of the drawing.

I believe you would be good, goes by when you claim it. Like if you won it tonight and didn't claim it until 2026 it would be considered 2026 income not 2025.

 In response to Barramundi

Yeah but the ticket isn't really "yours" until 1. You sign it 2. You present it to a lottery official right ? wrong ? I mean if it was from the day of the winning and you waited 6 months to claim it we all know the lottery doesn't award you interest on your winnings right?

Just thinking out loud, that's all

Have a shaggy day 

ShagE3

I agree I mean I win tonight

I move to the other state

I establish residency

I collect my winnings in my new state in which the ticket was purchased maybe 6 months from the day I purchased the ticket

right? wrong? 

No taxes

@ShagE3 google 'powerball pay tax in one state live in another', there's your answers. Basically this:

"As a general rule, if you live in one state and win a lottery in another, you're first taxed by the state where you bought the lottery ticket. Then, if your home state has the same or a lower tax rate than the other state, you won't have to pay taxes in your state. If your state's tax rate is higher, you'll get a "credit" for the taxes you paid to the other state and pay the difference to your state. In some states, state tax rates on lottery winnings differ for residents and nonresidents."

Your plan should work, but you would have to discharge any state tax obligations in your old state first, not sure how it works in America with filing income to a state. But yes, if you are clear of your old state re income and residency and set up in the state where you purchased the ticket, then you could proceed to claim the prize. It's a bit of a loophole, but I guess they figure most people won't uproot their lives to save some tax. The main thing to keep an eye on would be the length of time allowed in the state to claim the prize, you'd need to move and clear tax obligations in your old state before the time to claim elapsed. Do it!!!

That's what I was thinking for instance 

I win ..   

I move to the nontax state that I purchased the winning ticket in 

I establish residency .. how long that would take I don't know ..... let's say 6 months.

I walk into lottery headquarters and claim my winnings ie validate my ticket.

Of course if it takes 6 months to establish residency and the deadline for claiming the ticket is 90 or 180 days than I'm bleep out of luck but let's say you have one year to claim ....

I think it would be kosher.

I mean it really isn't my ticket until it's validated right?

@ShagE3 Yes, you'd have to establish residency in the new state - buy or rent a property, set up utilities with a billing record, transfer driver licence & car rego etc etc - and this wouldn't be quick or cheap. Unless you had money lying around, you'd have to sell your place in the old state first, to fund the shift to the new state. 180 days would be doable, 90 days probably not. If you knew you were going to claim a huge prize, you could sell your current property on the cheap to facilitate a quick sale, that would speed things up. 

When I googled this someone on reddit suggested that this might be a reason behind the long time it occasionally takes for some jackpots to be claimed. It's always suggested you seek tax and legal advice before claiming, but it may also be someone doing your exact plan before presenting the ticket. If the jackpot is big enough, and the tax difference between the two states is large enough, then it's certainly worth doing if you can. Going by the jackpot analysis on this site, the difference in a lump sum payout tonight between New Hampshire (no state tax) and Massachusetts (9%) is over $45M. Concord NH, here I come!

Per PB FAQ'S  on USAMEGA here on LP.

If I live in a state that taxes prizes, but bought my ticket in a state with no tax on prizes, do I still need to pay state tax?

Yes, you do.  Think of lottery prizes as regular earned income from a job.  Just because you may work in a different state, that doesn't permit you to get away with not paying state income tax in your state of residence.  The lottery works the same way.

Whether it's income from a job or income from gambling, the state where the money is won will tax the prize first at their out-of-state tax rate (assuming the state taxes lottery winnings).  If your state of residence has the same or lower tax rate, then you won't owe anything else.  But if your state has a higher rate, you will get a credit for what you paid in the other state, and pay the difference to your state.

If the other state has no tax, you just pay the entire tax bill to your state.

The net result is that you end up paying whichever tax rate is higher between your state of residence and the state where you purchased the ticket.  Of course, the tax law is quite complex and it's possible that some condition or arrangement exists between the two states and a good tax attorney and/or accountant could discover a tax-saving loophole.  That's why we always recommend that major prize winners do not make any major decisions before first hiring a good legal and financial team.

One other option to consider, depending on how much in taxes you're looking to save: the residency requirements as they relate to prize claims, state taxes, and income reporting.  Since you aren't responsible for paying taxes until you claim the prize, perhaps there is time to establish residency in the state where you purchased the ticket before the prize claim period expires.  However, that is something you would definitely need to explore with an attorney before taking any action to assess the feasibility.  You would also need to decide if it would be worth the risk of that important little piece of paper not getting lost, damaged, or destroyed in the time you spend arranging everything.

I'm looking for real estate already lol

Not really but, you bet I would start tomorrow if I win tonight.

BTW .... thanx 4 the info!

ShagE3

Where would you be moving to?

If I won, I would not buy a house, would rent and move every two years to a different state 😋

Didn't win bit, but I did win $16 by matching a Powerball with Powerplay.

Well I don't have to worry about moving anymore. .  theres no place like home! ... theres no place like home!! .... there's no place like home!!!

On another note ..... I did have the powerball ...... and I had the power play.

Hey, if any of you are the winner .... do a lot of good ...  and have a lot of fun doing it.

Who knows .... if were "lucky" the 'pot will roll on to Wednesday but, all things come to an end so we'll see how this plays out 

Have a shaggy day!

ShagE3

You know it's interesting that the powerballdotcom website isn't kaplunk tonight ..... Isn't it usually the case when it gets this high?

Kind of thought there could be one winner tonight. .... with an outside <snip> at two winners but very surprised there were only two second prize winners .

$1.25 BILLION.....COMIN' IN HOT 

I apologize if I used a bad word??? I think I know what it is ..... it rhymes with  bought I believe.  I won't take it to personal .... I know computers aren't human and might not know certain expressions. I should have used the word chance.

Funny, when I made that post I wondered if I would be censored for mentioning powerballdotcom.

Have a shaggy day !

ShagE3

YW!!

"Yeah but the ticket isn't really "yours" until 1. You sign it 2. You present it to a lottery official right ? "

The ticket is yours the moment you buy it. What it isn't is an financial instrument worth millions. Even after the drawings  it's not worth anymore than you paid for it. The ticket only becomes valuable when the lottery validates it and says it's worth the prize it won. As a practical matter it becomes valuable as soon as you submit the claim, but the money isn't yours until the tickets is validated, even if it takes a month. There's always the chance the ticket won't be worth anything, or perhaps a lower prize.

As long as you're legitimately domiciled in the state where you bought the ticket the income will be taxed under that state's rules/laws. Legitimately domiciled means that you've really picked that place as your primary residence. You've gotten a new drivers license and registered your car(s) in your new state. You're not doing anything else that night convince a court that you haven't really moved.

"If I won, I would not buy a house, would rent and move every two years to a different state."

You'll be retired. Maybe you should buy an RV. Then you can move in 2 days if you feel like it. And you won't have to pack and move a bunch of stuff from the old house. Disclaimer/Fair warning: You might want to ask YouTube why you'd be "insane to buy an RV"

"interesting that the powerballdotcom website isn't kaplunk tonight"

Assuming there's a strong correlation between sales and bandwidth they're getting about 1/3rd the traffic they got for the last drawing of the previous billion + jackpot.

"I apologize if I used a bad word???"

I went ahead and tried to figure out the word, and if any misspellings might have been the problem. You can always split it up to get past the censor bot to let us know what you thought you typed.

As for my predictions about Wednesday, I'm figuring an absolute minimum or another $125 million added to last night's $1160 million. That gets us to $1.285 billion, but I think 1.3 is very likely. We might even be at the point where the big jumps start, so 1.4 isn't out of the question.

Wow, $1.1 billion is insane! It’s crazy to think that no one has hit the jackpot for 42 drawings straight talk about patience (or luck) paying off eventually. I always wonder whether I’d go for the annuity or just grab the lump sum  half a billion in cash would already change your life overnight. Also interesting how close the smaller prizes can still be life changing for some folks, especially with Power Play doubling them. Definitely makes me want to double check my ticket before the next drawing.

Spent $66, won $4...lol

Sounds about right. Happens to me at a much smaller scale.

I spent $15, and won $16. The next round is on the lottery!

@ David King I've pondered the annuity vs lump sum debate as well. Ultimately, the lump sum gives you greater flexibility, and more scope to achieve higher returns than the annuity, and faster. However, if you were under 30 then I think the annuity would be more attractive. There's something very comforting in knowing that even if you blew a few million $$$ this year on bad property, bad investments, or harebrained career schemes, you only had to wait a few more months to be financially redeemed.