Good Luck on winning the mega.

Reply #16

allmost — Mon, 24 Aug 2009 18:15:42 GMT

That is a good idea.

GOOD LUCK TO ALL, AND IF YOU HIT THE MM JACK POT DON'T BE SHY POST IT TO GIVE THE REST OF US HOPE .................

Reply #15

InItAndWonIt — Mon, 24 Aug 2009 17:10:43 GMT

Good luck to all. I will be drawing almost last minute as I have to do some astrological consulting before I can play. (LMAO).

No, seriously I have to crunch numbers and haven't done that for MM. Also, I'm hoping my rudimentary picks for the Pick 6 drawing (NJ) at leasts pays me $100 so I can blow that on MM. LOL

Finally that first thing I would do if I ever won so much as $250k or more would be to pay off my mortgage (or put the whole thing after taxes toward my mortgage if taxe... [ More ]

Reply #14

allmost — Sun, 23 Aug 2009 16:23:51 GMT

thank you all.

Reply #13

ScorpionPrince — Sun, 23 Aug 2009 08:38:34 GMT

WELCOME TO LOTTERY POST!!!

GOOD LUCK TO ALL AND GOD BLESS!!!

GIVE ME YOUR POWER AND PRAY FOR ME

Reply #12

ThatScaryChick — Sun, 23 Aug 2009 06:22:29 GMT

Welcome to Lottery Post allmost

Reply #11

allmost — Sun, 23 Aug 2009 05:49:06 GMT

now how would they do that? do they take fed first then the states 6%, or both from the total

Reply #10

allmost — Sun, 23 Aug 2009 05:46:09 GMT

wow, you are right!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! that is crazy. i still cant be leave that.

Reply #9

gy65 — Sun, 23 Aug 2009 02:07:52 GMT

6% Ohio plus 35% federal = around 41% taxes.

Google . . top tax bracket

Reply #8

allmost — Sun, 23 Aug 2009 02:05:52 GMT

Gross Prize 26 annual payments of $9,692,308

Lump-sum cash: $159,000,000

- 25% Federal Tax - $2,423,077

- $39,750,000

Subtotal $7,269,231

$119,250,000

- State Tax:

California: No State Tax on Lottery Prizes!

Your net per year: $7,269,231

Your net payout: $119,250,000

After 26 payments: $189,000,006

Georgia: 6% State Tax - $581,538

- $9,540,000

Your net per year: $6,687,693

Your net payout

Reply #7

Todd — Sun, 23 Aug 2009 01:58:20 GMT

Reply #6

allmost — Sun, 23 Aug 2009 01:58:09 GMT

I live in ohio

Reply #5

gy65 — Sun, 23 Aug 2009 01:29:01 GMT

CASH OPTION 159.2 MILLION - taxes 31%

More like 35% federal PLUS state tax %.

Reply #4

allmost — Sun, 23 Aug 2009 00:43:13 GMT

brand new home would be 2nd on my list, so i can drive that bad boy to see the new homes, or just have one built and drive around to look at land for the new house lol.

Reply #3

Dollar419 — Sun, 23 Aug 2009 00:33:18 GMT

Yes, that amount is nothing to sneeze at; I certainly would welcome it and the 1st thing I want to buy is A BRAND NEW HOME

Reply #2

allmost — Sun, 23 Aug 2009 00:30:01 GMT

I know, CASH OPTION 159.2 MILLION - taxes 31% = A life for you, and your family where you don't have to worry about money. well if you don't blow it lol.

The very first thing I would buy, 2010 Camaro ss

Reply #1

Dollar419 — Sun, 23 Aug 2009 00:22:32 GMT

Welcome to the LP Family and good luck to you as well--the jackpot for MM is now: $252MM

Good Luck on winning the mega.

allmost — Sat, 22 Aug 2009 19:46:58 GMT

I would like to say hello to all . I'm new here and i just wanted to say good luck for the mega millions drawing on 8/25/2009, hopfuly one of us wins the jack pot