Lottery winner donates apartment complex to help families in crisis

Comment #37

mylollipop — Thu, 26 Apr 2012 17:12:19 GMT

So true! He is genuine and sincere. He did not lie about what he was going to do with his money, he just did it! GOd bles him for helping out those in need. He did not have to do it, but he chose to. He will be blessed many times over and over. He who is kind to the poor lends to the LORD, and he will reward him for what he has done. Proverbs 19:17

Comment #36

Mr DelaCroix — Thu, 26 Apr 2012 12:51:43 GMT

My sentiments exactly...

Comment #35

Jill34786 — Mon, 23 Apr 2012 20:53:16 GMT

You are comparing capital gains (investments held for at least a year) to ordinary income. There are many filthy rich individuals who pay the regular income tax rate and not cap gains. The media wants everyone to think that all millionaires pay a reduced rate which is completely false.

On a side note, the article was made to glorify/exaggerate Mr. Smith's overall take home pay. The cash value was 43.5 million and after Fed and WV taxes, he received a little more than 29.7 million and not the... [ More ]

Comment #34

Jill34786 — Mon, 23 Apr 2012 20:39:03 GMT

God bless Mr. Smith! It is so refreshing to see someone make such an impact on their community.

What makes it even more amazing is that this gentleman received far less than the $44 million the media had claimed he took home after taxes. The facts are the jackpot from the August 21, 2010 drawing was worth $80 million with 43.5 million being the lump sum cash value. After taxes, Mr .Smith received a wire for a tad more than $29.7 million.

Donations like this is what helps mitigate the addit... [ More ]

Comment #33

sully16 — Mon, 23 Apr 2012 16:58:43 GMT

Very nice Mr. Smith.

Comment #32

BlueDuck — Mon, 23 Apr 2012 12:44:45 GMT

Ditto

Comment #31

Halle99 — Mon, 23 Apr 2012 11:23:19 GMT

GOD bless Mr. Randy Smith.

What a wonderful man.

Comment #30

hearsetrax — Mon, 23 Apr 2012 11:10:33 GMT

.....................shoot them all..... both republicans and democrats and let the all mighty sort them out

Comment #29

ashabug725 — Mon, 23 Apr 2012 06:50:44 GMT

Comment #28

CDanaT — Mon, 23 Apr 2012 05:33:23 GMT

Well gogi......I honestly don't believe anyone from L.P. wants to see any politician's life terminated. Just removed from office and that includes from both sides. I personally am sick of all the lies and double speak and blame the other party or the previous administration...... And look at we have to choose from ????..... B.H.O. or M.R. ??? REALLY ?? REALLY ?? that's the absolute best we can come up in this country from both sides ? Neither one of those two people can tell the whole truth........ [ More ]

Comment #27

time*treat — Mon, 23 Apr 2012 04:52:00 GMT

Libs aren't looking at the finer points of the tax code. They're too busy spurting out 15 kids, then demanding that somebody (else) pay for all the needs of their children.

Comment #26

gogidolim — Mon, 23 Apr 2012 04:30:05 GMT

Admit it, folks. You guys want to kill Dems, starting from poorl ol Obama.

Comment #25

mediabrat — Mon, 23 Apr 2012 04:16:03 GMT

If they thought they could pull it off, they would. Unfortunately for them, there are far too many moving parts involved and they'd be stopped before they could finish the job.

Comment #24

Kumo — Mon, 23 Apr 2012 04:13:00 GMT

Before you go bashing our future president, I got an eye opener for ya. Mr. and Mrs. Romney have given far more money to charity than Mr. Obama. The Romneys gave $7 Million to charity over the past 2 years, Obama gave less than 1/10th of that or $574k over the two years from 2009 to 2010. Mr. Romney also paid $6.2 Million in taxes from his income of $42.5 Million over the past two years. $6.2 Million isn't exactly chump change when most of us usually pay between $10k to $20k per year. There are... [ More ]

Comment #23

rdgrnr — Mon, 23 Apr 2012 03:27:59 GMT

Gogi, I want you to make yourself a nice cup of coffeee (decaf) or hot cocoa and go to your happy place.

Think happy thoughts of frolicking in a meadow and cavorting willy-nilly with the butterflies and chipmunks.

The happy little chipmunks. You and the happy little chipmunks prancing around singing happy songs to the butterflies.

Okay

Comment #22

gogidolim — Mon, 23 Apr 2012 02:36:44 GMT

Why don't republicans just take control of the military, kill all Dems starting from the top, and take charge of the US government for cenutries to come

Comment #21

JavaJay 123 — Mon, 23 Apr 2012 02:24:58 GMT

Wow! What an amazing and giving individual! My hats off to Mr. Smith.

Fire trucks, houses etc...

I hope when it happens to me, I remember and take care of those in need as well as he.

Comment #20

Kumo — Mon, 23 Apr 2012 02:14:57 GMT

Mr. Smith just keeps on crankin' out the big hits!

I remember reading the article about when he donated brand new trucks to the local Fire Dept. Those folks over there in WV are truely fortunate to have him as a part of the community.

Comment #19

rdgrnr — Mon, 23 Apr 2012 01:31:11 GMT

That's right, dpoly.

That's what they're taught by Jon Stewart and Keith Olbermann and Bill Maher and Rachel Mancow and SNL and Chris Matthews and David Letterman and that fat walrus-looking guy on the Ed Show and all the leftwing-loon websites.

And they honestly believe it.

Comment #18

Piaceri — Sun, 22 Apr 2012 23:46:39 GMT

Actually, its the type of income that makes the difference, not how much. Lottery winnings are taxes as ordinary earned income. Until lottery and gambling winnings are classified differently, the high tax will remain the same. Mitt does not make a salary, therefore has no ordinary income. His income is derived from long term capital gains and dividends. That type of income is taxed at a rate different from ordinary income because they are investment income. Investment in America is what grows th... [ More ]

Comment #17

Piaceri — Sun, 22 Apr 2012 23:33:18 GMT

Comment #16

gogidolim — Sun, 22 Apr 2012 23:29:07 GMT

I'd just call it 'neurological difference'. Libs and cons see the world differently because their brains are wired VERY differently. I am glad that I don't fit either side.

Comment #15

dpoly1 — Sun, 22 Apr 2012 20:57:10 GMT

Wow, liberal lunacy lives

Comment #14

LottoLin — Sun, 22 Apr 2012 20:28:19 GMT

We need more MR. Smiths in this world, whether or not as winners of Lottery winners or people that came into money through their family inheirtance. It's a shame though that, Lottery winners can't take advantage of the Loop-holes the filthy rich do, so they don't have to pay all the taxes the Lottery winners have to pay. Look at Mr Smith he won $79 million and after taxes he ended up with $49 million, that's $30 million in taxes they took off, heck Mitt Romney doesn't pay that much taxes on all... [ More ]

Comment #13

dallascowboyfan — Sun, 22 Apr 2012 19:23:58 GMT

WTG Mr. Smith.......

Comment #12

dpoly1 — Sun, 22 Apr 2012 15:34:01 GMT

Thank you Mr. Smith!

This is how charitable work was done before Wilson's income tax was passed into law.

Don't tell me to prove it , do your own research!

Mr. Smith went public with his generosity. Many of the evil 1% do this sort of thing, but do not go public.

I wish that the Grammar School whiners would get some maturity not cry about the wealthy

Comment #11

dr65 — Sun, 22 Apr 2012 14:45:08 GMT

I think what initially drove Smith to donate his family home and especially his 24 unit complex to charity became transformed into something

more property management company friendly.

His main intentions were excellent and I applaud his kind hearted contribution, I'm sure he will continue in that direction.

What bothered me about the article was the fact that 20 of the 24 units are being rented at $200 below market value. The need for emergency

housing due to 'illness, loss of employ... [ More ]

Comment #10

CDanaT — Sun, 22 Apr 2012 14:41:15 GMT

Finally, a great example of a person who won a large amount of money with the common sense to manage it. Constantly giving back and still maintaining a professional demeanor in doing so.....Thanks Randy....I hope to follow your lead within the year.

Comment #9

surimaribo24 — Sun, 22 Apr 2012 14:39:40 GMT

heads off for mr smith.

god bless .

Comment #8

rdgrnr — Sun, 22 Apr 2012 14:36:34 GMT

There are still some good people in this country.

God Bless Randy Smith.

Comment #7

Cletu$2 — Sun, 22 Apr 2012 14:33:59 GMT

Helping the needy,but not the greedy is what winning a lottery should be all about.Way to go Mr.Smith.

Comment #6

Lucky SOB — Sun, 22 Apr 2012 14:12:37 GMT

great way to help others with lottery winnings. i just hope his money gets to where it needs to be and not all in the pockets of greedy people

Comment #5

Mr-Smith — Sun, 22 Apr 2012 14:03:48 GMT

Your welcome..... lol...

Not me but I had to do it........lol

Comment #4

Piaceri — Sun, 22 Apr 2012 13:27:15 GMT

A big THANK YOU to Mr. Smith for showing people how to do a lottery win right. God bless.

Comment #3

Littleoldlady — Sun, 22 Apr 2012 13:04:31 GMT

That is what I call a REAL donation. I wonder what 200.00 below market value equates to there? In my county the fair housing market value is around 600 per month. I see why folks are without a place to stay.

Comment #2

steph219121 — Sun, 22 Apr 2012 12:45:01 GMT

We need more people like this man to win

Comment #1

VenomV12 — Sun, 22 Apr 2012 12:41:47 GMT

I remember watching this guy on the TV show, he is a truly awesome and amazing person.

What a great man.

Lottery winner donates apartment complex to help families in crisis

Lottery Post — Sun, 22 Apr 2012 12:10:47 GMT

Winner has given millions to charities since 2010

Randy Smith, a West Virginia multimillion-dollar lottery winner turned philanthropist, listened Friday to how his donation of an apartment complex is turning into a sustainable community housing program for families in crisis.

Smith, 65, a former Berkeley County sheriff and magistrate, won a $79 million Powerball lottery in August 2010. The total dropped to $44 million after taxes when he opted for a lump-sum payment.

Since then, Smith h... [ More ]