$350 million = $124 million lottery con
Feb 20th 2006, 7:25 pm
#1
Vegas Baby
Thread Starter
Joined: Sep 2003
Location: Liverpool>Fl>Tx>Ca>Nv
Posts: 567
$350 million = $124 million lottery con
How can these lottery draws be allowed to trumpet such huge jackpots then you end up with less than half. At least the British lottery pays out what they say and are tax free.
http://wfrv.com/watercooler/local_story_051074920.html
http://wfrv.com/watercooler/local_story_051074920.html
Feb 20th 2006, 7:28 pm
#2
Thinking about it
Joined: Oct 2005
Location: Mid-West
Posts: 9,435
Re: $350 million = $124 million lottery con
Originally Posted by vegas
How can these lottery draws be allowed to trumpet such huge jackpots then you end up with less than half. At least the British lottery pays out what they say and are tax free.
http://wfrv.com/watercooler/local_story_051074920.html
http://wfrv.com/watercooler/local_story_051074920.html
Feb 20th 2006, 7:39 pm
#3
SUPER MODERATOR
Joined: Dec 2005
Posts: 88,022
Re: $350 million = $124 million lottery con
Originally Posted by BigDavyG
Its america - of course they are going to say that everything is bigger than it really is
Feb 20th 2006, 9:24 pm
#4
BE Site Lead
Joined: Aug 2004
Location: MA, USA
Posts: 92,170
Re: $350 million = $124 million lottery con
could opt to have it not in the lump sum, but it's still cheeky because you pay tax on the ticket and then to pay tax on the winnings too...
Feb 20th 2006, 10:05 pm
#5
Account Closed
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Posts: 8,271
Re: $350 million = $124 million lottery con
Only $124 million lump sum after tax or $6.5 million per year tax free for life (Thats about $17000 EVERY SINGLE DAY) ...how will the poor devils manage
Feb 20th 2006, 10:10 pm
#6
Back Again
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Posts: 10,831
Re: $350 million = $124 million lottery con
Originally Posted by Bob
could opt to have it not in the lump sum, but it's still cheeky because you pay tax on the ticket and then to pay tax on the winnings too...
Feb 20th 2006, 10:13 pm
#7
Joined: Mar 2003
Posts: 68,280
Re: $350 million = $124 million lottery con
Well apparently we are moving to NC in a few months cos Joyceee believes she is going to win the HGTV two million dollar house.... I keep telling her we can't afford to win it ..
But we can afford to win the $1250 dog kennel that is also a prize...
But we can afford to win the $1250 dog kennel that is also a prize...
Feb 20th 2006, 10:14 pm
#8
BE Site Lead
Joined: Aug 2004
Location: MA, USA
Posts: 92,170
Re: $350 million = $124 million lottery con
Originally Posted by Celtic_Angel
it's like that with everything....I'm so poor I couldn't afford to win a free car
Feb 20th 2006, 10:59 pm
#9
Payed up premium member
Joined: Aug 2004
Location: The desert
Posts: 2,327
Re: $350 million = $124 million lottery con
Originally Posted by vegas
How can these lottery draws be allowed to trumpet such huge jackpots then you end up with less than half. At least the British lottery pays out what they say and are tax free.
http://wfrv.com/watercooler/local_story_051074920.html
http://wfrv.com/watercooler/local_story_051074920.html
Whatever is the world coming to
Feb 20th 2006, 11:13 pm
#10
BE Forum Addict
Joined: Nov 2004
Location: SC
Posts: 4,153
Re: $350 million = $124 million lottery con
Yes I think I would be muttering also all the way to the bank, lucky ba*tard, lucky ba*tard..... 
Feb 21st 2006, 12:21 am
#11
Not living a 9 to 5 life
Joined: Jun 2002
Location: North Carolina
Posts: 11,061
Re: $350 million = $124 million lottery con
Originally Posted by Ray
Well apparently we are moving to NC in a few months cos Joyceee believes she is going to win the HGTV two million dollar house.... I keep telling her we can't afford to win it ..
But we can afford to win the $1250 dog kennel that is also a prize...
But we can afford to win the $1250 dog kennel that is also a prize...
NC Penguin
Feb 21st 2006, 12:42 am
#12
Pagan Sex God
Joined: May 2002
Location: Living in Oblivion
Posts: 3,668
Re: $350 million = $124 million lottery con
I would be so pissed off if I only won $124 million, what the *** can you do with that? Once you bought your $5million villas in the South of France, Lake Como, the Caribean, New York, London, Copenhagen and Blackpool. And put a Lamborghini Diablo, Ferrari Testarossa and Hyundai accent in every one you will only have $70million to live on. Jesus Christ, you would only earning $6,000 a day in interest on a really low rate. How can anyone live on that.
Feb 21st 2006, 12:49 am
#13
Thinking about it
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Location: Mid-West
Posts: 9,435
Re: $350 million = $124 million lottery con
Originally Posted by Patrick
I would be so pissed off if I only won $124 million, what the *** can you do with that? Once you bought your $5million villas in the South of France, Lake Como, the Caribean, New York, London, Copenhagen and Blackpool. And put a Lamborghini Diablo, Ferrari Testarossa and Hyundai accent in every one you will only have $70million to live on. Jesus Christ, you would only earning $6,000 a day in interest on a really low rate. How can anyone live on that.
It would be a struggle, but i think i could get by.
Feb 21st 2006, 12:51 am
#14
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Re: $350 million = $124 million lottery con
Originally Posted by BigDavyG
One would have to make some sacrifices - possibly only eat at claridges twice a week instead of the customary 4 times.
It would be a struggle, but i think i could get by.
It would be a struggle, but i think i could get by.
Feb 21st 2006, 12:54 am
#15
Thinking about it
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Re: $350 million = $124 million lottery con
Originally Posted by Angry White Pyjamas
Think of all the pony posters you could buy. Infact think of all the actual ponies you could buy! You'd be a shadow of your former self within the week