Search

Uncle Sam Wins Your LotteryReply
Below is the article I reference. Uncle Sam Wins Your LotteryBy Albert B. CrenshawSunday, November 27, 2005; Page F02 Attention, lottery players: If you win a nice big prize, opt to take it as a stream of payments and then change your mind and wish you had taken it as a lump sum, don't expect any special tax benefits if you sell your annuity for immediate cash.Over and over in the past few years -- and especially since capital gains tax rates were lowered in 2001 -- lottery winners have sold the
Nov 27, 2005, 4:27 pm - delS - Lottery Discussion Forum

Probability of a MegaMillions rollover.Reply
The MegaMillions jackpot has been won. We can expect that the reset jackpot will sell around 14.5 million tickets. The probability of various numbers of winners is as is given in the following table:092.34%17.36%20.29%30.01%Let's do a post mortem on the last $315M jackpot. The actual sales for this drawing was $104,813,365, giving a cash jackpot of $187.1M, an all time record. The final probabilities for numbers of winners is given in the following table.055.07%132.85%29.80%31.95%40.29%50.
Nov 17, 2005, 9:16 am - Prob988 - Jackpot Games Forum

Powerball lottery 'winner' turns coyReply
Ok, maybe we should all just change our names to West. Seems to be a very lucky name. SEVEN BUTLER COUNTY WOMEN SHARE $853,492 POWERBALL PRIZE --> National City Bank Employees share a second-tier prize from Oct. 19 Powerball drawingMIDDLETOWN -- The seven employees of a National City Bank branch located at364 Center Avenuein Butler jointly won an $853,492 prize in a recent Powerball drawing. Cindy Holben of Chicora and Marian West, Patricia Heyl, Deborah Schnur, Kimberly Hughes, Susan Sheptak
Oct 28, 2005, 3:42 pm - sirbrad - Lottery News

Dealing with your family when you won.Reply
hmm, first thing is to get a handle on how much you really will recieve. I made up an excel sheet that takes as input the cash value, deducts the 27% the MUSL withholds and also the other 8% you will owe at the top of the tax bracket... now I have a real number to work with... if I won last night, I would have planned on managing 65 million (not the posted 100 millon).second, planning the anonymous trust to claim it quietly. Even the trust lawyer would not know at this point since I'd start the
Oct 9, 2005, 10:18 am - hypersoniq - Jackpot Games Forum

$250M lotto mystery is talk of RutherfordNews Story
The Mega Millions winner watch in Rutherford, New Jersey, entered day two yesterday with much anticipation but without anyone stepping forward to claim the $250 million jackpot.Yogi Patel, owner of the Leprechaun News II store where the winning ticket was sold at about noon on Friday, bundled newspapers in twine and spoke of the newfound fame for his business. People are happy when they find out somebody won from my store, Patel said. Business is increasing. People are now thinking this store
Sep 19, 2005, 11:05 am - Todd - Lottery News

possible to form a lottery club in mass?Reply
Quote: Originally posted by Bingo Long on March 16, 2005I've done a little with lottery pools in MA. In short, it's possible, but a real pain.First off, you know how on the back of the ticket it's got all that legal mumbo jumbo about the official rules and administrative bulletins, etc? Well one of the rules is that you agree to have your photo taken for lottery promotional stuff. So you can't legally go the anonymous trust fund route.Second, only one person can claim the prize if you win. This
Mar 16, 2005, 11:06 am - NewClub - Lottery Discussion Forum

Dumbest Game Ideas
Here are my top three in ascending order:3. California Daily DerbyO.K., this game is crazy. It seems like a mish-mash of a Pick 3 game and a exact-order 3/12 lotto game. All tied into a concept that doesn't translate well into an on-line lottery game. 2. Pennsylvania Lucky For LifeIMHO, the reason the For-Life games in OR and WA were successful lie in the way the game is played. Pick just 4 numbers from a large pool of numbers, you'll get several additional sets of numbers too. And the odds of
Feb 27, 2005, 12:27 am - JimmySand9 - Lottery Discussion Forum

Pennsylvania trio claims Powerball lottery jackpotNews Story
Three Pittsburgh-area women who work at PNC Financial Services Group will split $14.7 million for sharing the winning ticket in the Jan. 22 Powerball drawing. I don't have any idea what I'm going to do with this, said Janet Bigler, of Blawnox, who works for PNC Advisors.Bigler bought the ticket with her sister, Karen Rodgers, assistant vice president of commercial loans, and their friend, Kathleen Fitzgerald, a clerk at PNC Bank.The women appeared at a news conference Tuesday with Gov. Ed Rende
Feb 9, 2005, 8:30 am - Todd - Lottery News

Mass. lottery winner, 94, sues to get lump-sum paymentReply
Quote: Originally posted by jim695 on December 30, 2004Jazam:Thanks for your input, but your argument doesn't hold water.First of all, your landlord owns the property; you only rent it month-to-month, or lease it term-to-term (one year, two years, etc.), according to the agreement, or contract you've signed. If you're renting, he can throw you and your belongings out on the street whenever the whim strikes, so we can dispense with wasting further time on that nonsense.Secondly, Ms. Outing's agr
Dec 30, 2004, 8:18 am - Todd - Lottery News

Mass. lottery winner, 94, sues to get lump-sum paymentReply
Jazam:Thanks for your input, but your argument doesn't hold water.First of all, your landlord owns the property; you only rent it month-to-month, or lease it term-to-term (one year, two years, etc.), according to the agreement, or contract you've signed. If you're renting, he can throw you and your belongings out on the street whenever the whim strikes, so we can dispense with wasting further time on that nonsense.Secondly, Ms. Outing's agreement to accept their terms by buying a lottery ticke
Dec 30, 2004, 7:02 am - jim695 - Lottery News