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Lottery
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Nov 7, 2022 19:07:22   #
Passingbye Loc: Reidsville NC
 
Flytier wrote:
Well I see the lottery is up to 1.9 BILLION dollars. Whoever wins that prize had better schedule some therapy sessions. Most people can't even kmprehend what that amount of money means


I heard even if you get all the numbers right, you're only getting about $700 million walking away but I could live in that.

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Nov 7, 2022 19:12:12   #
Fredfish Loc: Prospect CT.
 
Passingbye wrote:
I heard even if you get all the numbers right, you're only getting about $700 million walking away but I could live in that.


Lump sum is 900,000,000 and change, after federal income tax 600,000,000 or there abouts.

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Nov 7, 2022 19:39:16   #
DC Loc: Washington state
 
Fredfish wrote:
Lump sum is 900,000,000 and change, after federal income tax 600,000,000 or there abouts.


and if you live in a state with state tax might be down to 450,000,000 but I guess if you budget carefully you could live off of it for a while. I read an article out here that said the things you should do if you win.
1. don't tell anyone you won including family
2put the winning ticket in a safe deposit box (unsigned for now. )
3. hire a lottery Lawyer (I didn't even know there was such a thing)
4. hire a financial adviser
5. hire security (guess big winners have been killed)
hummm maybe I should just hope I win 10,000,000 and not have all the hassle actually 100,000 would even be nice...ok 1,000 wouldn't even be bad

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Nov 7, 2022 20:05:42   #
Fredfish Loc: Prospect CT.
 
DC wrote:
and if you live in a state with state tax might be down to 450,000,000 but I guess if you budget carefully you could live off of it for a while. I read an article out here that said the things you should do if you win.
1. don't tell anyone you won including family
2put the winning ticket in a safe deposit box (unsigned for now. )
3. hire a lottery Lawyer (I didn't even know there was such a thing)
4. hire a financial adviser
5. hire security (guess big winners have been killed)
hummm maybe I should just hope I win 10,000,000 and not have all the hassle actually 100,000 would even be nice...ok 1,000 wouldn't even be bad
and if you live in a state with state tax might be... (show quote)


I would only disagree with one DC, SIGN THAT TICKET. Then no one else can claim it, if they get their hands on it.
I'm averaging $4 so far so anything larger would be better than that.

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Nov 7, 2022 20:37:25   #
DC Loc: Washington state
 
Fredfish wrote:
I would only disagree with one DC, SIGN THAT TICKET. Then no one else can claim it, if they get their hands on it.
I'm averaging $4 so far so anything larger would be better than that.


I think if you don't sign it there might be a way to cash it in the name of a trust or something you set up that might save on taxes. that is why they said put it in a safe deposit box. besides if you die before cashing your wife could cash it....maybe she might be the cause of your death better sign it

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Nov 7, 2022 20:39:45   #
Fredfish Loc: Prospect CT.
 
DC wrote:
I think if you don't sign it there might be a way to cash it in the name of a trust or something you set up that might save on taxes. that is why they said put it in a safe deposit box. besides if you die before cashing your wife could cash it....maybe she might be the cause of your death better sign it


My thoughts exactly.

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Nov 7, 2022 21:18:35   #
agatemaggot Loc: iowa
 
Big dog wrote:
I hear that the winner should get a safe deposit box,take pictures of the ticket but don’t sign it immediately, surround themselves with people they know and trust, get incorporated, find lawers and tax experts.


Contact a lottery lawyer first before doing anything else, the strong box second !

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Nov 8, 2022 09:12:06   #
Papa Jack Loc: Indianapolis
 
with that kind of money you could afford therapy

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Nov 8, 2022 09:12:50   #
kandydisbar Loc: West Orange, NJ
 
Flytier wrote:
Well I see the lottery is up to 1.9 BILLION dollars. Whoever wins that prize had better schedule some therapy sessions. Most people can't even kmprehend what that amount of money means


I know I can't but I don't play so , no problem.

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Nov 8, 2022 09:31:58   #
HenryG Loc: Falmouth Cape Cod Massachusetts
 
DC wrote:
sort of like the ending to the movie "second hand lion" check out the boat they bought for their lake


One of my favorite movies never grows old DC πŸ‘ŒπŸ˜ŽπŸ‘

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Nov 8, 2022 09:44:32   #
kandydisbar Loc: West Orange, NJ
 
HenryG wrote:
One of my favorite movies never grows old DC πŸ‘ŒπŸ˜ŽπŸ‘


That is a good one!!

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Nov 8, 2022 15:38:38   #
DC Loc: Washington state
 
Jarheadfishnfool wrote:
I WON!!!!!


yes I just heard that one winner from california won the 2 billion Lotto. So Jarhead you out shoping for a new boat and a new fancy BBQ? Don't worry we will keep your name secret so you don't get a lot of calls from long lost relatives that is the least I can do for my favorite Cousin

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Nov 8, 2022 16:19:18   #
ranger632 Loc: Near Yosemite Park Ca.
 
Flytier wrote:
Well I see the lottery is up to 1.9 BILLION dollars. Whoever wins that prize had better schedule some therapy sessions. Most people can't even kmprehend what that amount of money means



Wife thinks I am crazy and I am sure you all do also, but I don't want that much money. Scares me.

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Nov 8, 2022 16:21:11   #
Fredfish Loc: Prospect CT.
 
ranger632 wrote:
Wife thinks I am crazy and I am sure you all do also, but I don't want that much money. Scares me.


Send it to me Ranger, not skeered.

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Nov 8, 2022 16:30:51   #
DC Loc: Washington state
 
ranger632 wrote:
Wife thinks I am crazy and I am sure you all do also, but I don't want that much money. Scares me.


I'm with Fred wouldn't want you to go through life scared so out of the goodness of my heart I would be willing to relieve you of that burden and take the money and dispose of it in a safe way. And I see you are from Calif so if you bought a ticket you could be the winner.

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