Minnesota man claims share of $448M Powerball jackpot

Comment #60

jamella724 — Sun, 25 Aug 2013 12:23:03 GMT

He is extremely lucky to beat the odds and become one of the three winners of a huge jackpot prize. I agree that there's nothing wrong claiming the prize immediately. If I will be the winner I might as well be at the next door of the office to claim my prize. I think what is more important is how we spend the money.

Comment #59

veganlife125 — Sun, 18 Aug 2013 23:35:02 GMT

This Paul White looks and sounds like Chris Christy the governor of New Jersey. At least he will avoid the higher taxes.

Comment #58

mypiemaster — Sun, 18 Aug 2013 08:07:34 GMT

NOT YET. They can now take their sweet time if they choose to.

Comment #57

haymaker — Wed, 14 Aug 2013 22:29:23 GMT

Stay tuned to LP, you won't miss anything.

Comment #56

kapla — Wed, 14 Aug 2013 22:25:00 GMT

Great, thanks. Didn't know if I missed seeing something on it.

Comment #55

haymaker — Wed, 14 Aug 2013 22:20:49 GMT

The 3rd winner has not come forward, that ticket was also sold In Jersey, South Brunswick

Comment #54

kapla — Wed, 14 Aug 2013 22:14:42 GMT

So we have this guy and the 16 from NJ, do we know who the 3rd winner (s) is

Comment #53

walkman — Sat, 10 Aug 2013 12:33:24 GMT

Did he purchase a Quick Pick

Comment #52

KY Floyd — Fri, 09 Aug 2013 22:07:13 GMT

Interesting trivia: some people actually have money in the bank, even if they haven't gotten a fat check from the lottery.

Comment #51

RJOh — Fri, 09 Aug 2013 16:17:52 GMT

In the interview Paul White mentioned a car he saw on Craig's List and said he was going to buy it the next day and why I mentioned a line of credit.

He probably had some saving that he was holding on to but now that he has a few millions in the pipe line, he doesn't have worry about spending it.

Comment #50

Stack47 — Fri, 09 Aug 2013 16:10:57 GMT

The post I replied to said $149 million and my figures were based on that. It's amazing how much an advertised jackpot of $448 million can be diluted. That means the 16 people in the NJ pool will get less than $4 million each which is still a nice hit.

In the interview Paul White mentioned a car he saw on Craig's List and said he was going to buy it the next day and why I mentioned a line of credit. It will probably be a 30 day loan and be deducted when the winnings are in his account.

He... [ More ]

Comment #49

Ronnie316 — Fri, 09 Aug 2013 15:57:08 GMT

Awesome win.

Comment #48

dallascowboyfan — Fri, 09 Aug 2013 15:49:51 GMT

WOW!!!! Congratulation to the winners

Comment #47

ashabug725 — Fri, 09 Aug 2013 14:42:12 GMT

That's pretty awesome

Comment #46

RedStang — Fri, 09 Aug 2013 13:36:15 GMT

Thats probably why he claimed quickly. He can finish the work while waiting for the money and retire.

Comment #45

mypiemaster — Fri, 09 Aug 2013 12:26:22 GMT

Sixteen workers from a county garage in a New Jersey coastal community hit hard by Superstorm Sandy have one of the three winning tickets in the $448 million Powerball jackpot, officials in Ocean County said. Now that's what I'm talking about.

Comment #44

olplugger — Fri, 09 Aug 2013 11:42:46 GMT

He's already buying houses, cars, etc. Of course, it's Mr. White's bucks and I congratulate him on winning.

Comment #43

Saylorgirl — Fri, 09 Aug 2013 10:53:03 GMT

Actually the $149 million was just his total share of the overall jackpot. He took the cash option which took his third to $86 million. Then he pays taxes on that amount which will put him close to $46 million.

Comment #42

Saylorgirl — Fri, 09 Aug 2013 10:45:55 GMT

He also said in his interview that his desk was full and he would be finishing up his work and not leave the company in the lurch.

Comment #41

fja — Fri, 09 Aug 2013 10:21:15 GMT

Besides the jackpot, 38 people held tickets worth $1 million or more. They did it by matching the five non-Powerball numbers. Four of the 38 selected Power Play, which doubles the payout in exchange for paying $3 instead of $2 for the ticket.

Notice how they did not say that 9 of the 38 -5+0 winning tickets from California only recieved $289,300.00 each.

Comment #40

Stack47 — Fri, 09 Aug 2013 07:37:09 GMT

White mentioned that in his interview. After he is done paying state and federal taxes, the $149 million will be closer to $80 million.

Comment #39

Stack47 — Fri, 09 Aug 2013 07:32:01 GMT

I don't want to work for anybody else for the rest of my life for a paycheck.

Didn't you read the article

Comment #38

FrostedNostrals — Fri, 09 Aug 2013 06:44:25 GMT

Since MN and NJ do not allow lottery winners to anonymously claim their winnings, I wonder if this issue was part of his logic to swiftly come forward to claim his share of the jackpot.

Personally, I ve always felt that privacy, safety and health should be paramount on lottery winner s lists. First, it s prudent to hire legal counsel to get liability protections, asset protection measures and estate matters in place. It s a crazy world and nothing would take precedence over protecting self, f... [ More ]

Comment #37

savagegoose — Fri, 09 Aug 2013 05:03:56 GMT

line of credit on $86 mill? you can start spending as soon as you have credit, otherwise you must wait how ever long for the check to clear.

Comment #36

RedStang — Fri, 09 Aug 2013 04:59:30 GMT

LOL @ 1:50

Comment #35

noise-gate — Fri, 09 Aug 2013 04:49:26 GMT

Congratulations to all the winners- this person won fair square, had he camped on the lottery doorsteps overnight - that would be his choice. Hope they have many happy moments and live full productive lives.

Comment #34

dognabit — Fri, 09 Aug 2013 02:50:19 GMT

Being a Minnesotan who just happens to be living in the land of cheese and beer I say good for him.

But I still think he should have waited until he got his affairs in order and secured the safety of his loved ones and friends.

Comment #33

helpmewin — Fri, 09 Aug 2013 02:20:26 GMT

Comment #32

rdgrnr — Fri, 09 Aug 2013 02:04:54 GMT

I hope he ain't related to the White's in West Virginia.

Cuz he's gonna have 'em all up there lookin' for him if he is.

I know one of the ol' boys moved up there with his family a while back.

So he could be related to Jesco White, the Dancin' Outlaw.

Lord help him if he is, lol.

http://www.youtube.com/watch?v=pUIapa-U0bY

Comment #31

PrisonerSix — Fri, 09 Aug 2013 01:58:28 GMT

I wish this gentleman well I agree with what has been expressed here before that one should plan before claiming the prize. Many other winners who have claimed publicly like this end up being hounded by people looking for money, something I wouldn't want to deal with. I read a story once about an American lottery jackpot winner who got a call from Indonesia asking for money.

Also, I'd want professional advice on how to make it last the rest of my life, along with how to minimize tax burden... [ More ]

Comment #30

helpmewin — Fri, 09 Aug 2013 01:43:18 GMT

they say the early bird gets the worm

Comment #29

helpmewin — Fri, 09 Aug 2013 01:41:59 GMT

Congrats to you Paul White your Family Spend wisely

Comment #28

helpmewin — Fri, 09 Aug 2013 01:40:22 GMT

Good Luck

Comment #27

Ronnie316 — Fri, 09 Aug 2013 01:30:09 GMT

Comment #26

Ronnie316 — Fri, 09 Aug 2013 01:20:40 GMT

I have my tix for fri. and sat. and I wont complain if I win $40 million.

Comment #25

Ronnie316 — Fri, 09 Aug 2013 00:41:14 GMT

I agree. I don't see anything wrong with cashing the ticket and spending the money if that what a person wants to do. And I don't see the need for an attorney when a good financial planner would do.

Comment #24

maringoman — Fri, 09 Aug 2013 00:28:43 GMT

Powerball is tough and with $3 a line cost, it is a little expensive too. But quiting is not an option right now so a luta continua dallascowboyfan

Comment #23

rdgrnr — Fri, 09 Aug 2013 00:28:26 GMT

I always power play cause $2 million sounds good to me

That's what I'm talkin' about

Comment #22

rdgrnr — Fri, 09 Aug 2013 00:25:47 GMT

You're welcome buckeye, but it's just the truth, lol.

Comment #21

rdgrnr — Fri, 09 Aug 2013 00:21:54 GMT

I have no idear what yer talkin' about.

I never heard of no crystal clear stuff and never drank it if there is such a thing, which there ain't.

And if there is, they sure don't make any of it back up in the woods around here.

That's fer sure.

Comment #20

dallascowboyfan — Fri, 09 Aug 2013 00:20:28 GMT

I wish maringoman I only got 2# on 2 different lines but I always power play cause $2 million sounds good to me

Comment #19

Libra0926 — Fri, 09 Aug 2013 00:19:21 GMT

And this is the part I don't understand, even though I realize TAXES must be paid......The Winner started off with $149,000000 millls, and the TAXES drag him down to almost $30,00000 mills...They eat him up before he sees 1 penny of the Winnings........It;s such a crazy ripoff......

Comment #18

maringoman — Fri, 09 Aug 2013 00:17:23 GMT

Maybe if the winner has to move a few things around because he knows he will have to claim publicly? Like move his kids from public to private schools, maybe move to a different part of the state, or if he has to take an unpaid leave from work to plan out the windfall before claiming it he will still need to pay bills.

Comment #17

Artist77 — Thu, 08 Aug 2013 23:59:53 GMT

Why does he need a line of credit? He has a job.

Comment #16

rcbbuckeye — Thu, 08 Aug 2013 23:56:03 GMT

Now that was funny ridge. Thanks for the laugh

Comment #15

haymaker — Thu, 08 Aug 2013 23:21:18 GMT

I know what J.D. smells like, but that crystal clear stuff, I tried It once, can't remember if that has an odor

Comment #14

Stack47 — Thu, 08 Aug 2013 23:20:07 GMT

Since we're talking about winning $86 million, getting a nice line a credit to get him started should be easy. From what I've read the state lotteries deduct 25% in Federal regardless if the winner forms a trust. It's possible an attorney with lots of experience might know a loophole, but how many people personally know such a lawyer or will they just be handing an unsigned ticket over to a stranger?

There are many ways to decrease the almost 40% in Federal taxes without forming a trust. I a... [ More ]

Comment #13

rdgrnr — Thu, 08 Aug 2013 23:14:33 GMT

Seem like nice people, God Bless 'em.

I'm glad to see that you can show up in a bowling shirt too.

Cuz I'll probably be in my bib overalls and smellin' like whiskey.

Just like always.

Comment #12

haymaker — Thu, 08 Aug 2013 23:13:59 GMT

No, he's an engineer, and planning is what they do

Comment #11

maringoman — Thu, 08 Aug 2013 23:02:16 GMT

I never knew the part of signing the ticket can take away the chance of claiming it as a corporation. I never sign my tickets anyways but its good that I have learned about this just in case.

Comment #10

HaveABall — Thu, 08 Aug 2013 22:55:13 GMT

The concern is usually that the winning ticket holder may have made a mistake in signing their own name to the back of the winning jackpot ticket and the official claim form. Whereby not rushing and instead meeting with a very experienced/seasoned tax attorney, may have brought up the concept of ticket holder quickly forming a corporation or whatever, waiting 3 weeks for it to age, and then signing that name on the back of the ticket and official claim form.

Anyhow ... congratulations to this... [ More ]

Comment #9

maringoman — Thu, 08 Aug 2013 22:37:45 GMT

He still can go to a financial adviser after claiming. Don't they take a few weeks to release the money anyways

Comment #8

Stack47 — Thu, 08 Aug 2013 22:34:52 GMT

I cringe every time I read the expert advice from LP members who probably never met a financial adviser or formed a trust that give reasons why all jackpot winners should wait weeks to validate the ticket. This isn't directed at you, but even if he is planning on doing something rash, it's his money to spend.

Comment #7

hearsetrax — Thu, 08 Aug 2013 22:34:05 GMT

a buck blind sez he'll be broke inside of 3 1/2 years

Comment #6

Piaceri — Thu, 08 Aug 2013 22:33:59 GMT

Congrats to the White family! Party time for the Whites

Comment #5

Win$500Quick — Thu, 08 Aug 2013 22:21:53 GMT

Congrats to the new millionaires.

Comment #4

maringoman — Thu, 08 Aug 2013 22:10:43 GMT

Someone from OK hit the second prize with PP. Could that be you?

Nobody from MA hit the second prize.

Comment #3

dallascowboyfan — Thu, 08 Aug 2013 22:03:25 GMT

Congratulation Mr. White family

Comment #2

maringoman — Thu, 08 Aug 2013 21:53:28 GMT

I agree with him in claiming before 24 hours are over after winning. Why wait? As long as he is not planning to do anything rash I think he will be fine.

Comment #1

Jon D — Thu, 08 Aug 2013 21:52:49 GMT

Congrats to Paul White!

The scratch-off playing, Powerball winning engineer

Minnesota man claims share of $448M Powerball jackpot

Lottery Post — Thu, 08 Aug 2013 21:47:54 GMT

Includes video report

Paul White's family gave him grief for years when he said he'd win the lottery one day. On Thursday, he showed them to the tune of $86 million.

White, a project engineer from suburban Minneapolis, came forward Thursday as one of three winners in the $448 million Powerball jackpot, one of the largest in American history.

White showed up at the Minnesota lottery headquarters to claim a replica check made out for $149 million. Because White picked the instant-cash opt... [ More ]