CommonCents Posted August 25, 2017 Share Posted August 25, 2017 Why take the lump sum? She lives in Mass, a new millionaires tax is expected to be passed by 2019. I think it's 9 percent. Also heard yesterday that if you die before the payments are made you can't pass it on. The small chance that the lottery crumbles or the government etc. Having that amount of money I'm pretty sure you can get guaranteed returns on investments that will repay the penalty of taking the lump. Oh yah and better strippers and cocaine. Link to comment Share on other sites More sharing options...
Punching Bag Posted August 25, 2017 Share Posted August 25, 2017 I am sure she will move before new tax implemented; she can afford many trips. Link to comment Share on other sites More sharing options...
mead107 Posted August 25, 2017 Share Posted August 25, 2017 Why didn't she split it with her kids? If she gives them money it is taxable. After the yearly gift Link to comment Share on other sites More sharing options...
Chef Jim Posted August 25, 2017 Share Posted August 25, 2017 Good for her, but I couldn't believe she showed up for the press conference chawing a piece of gum. I mean, come on. That was the first thing I picked up on. Why didn't she split it with her kids? If she gives them money it is taxable. After the yearly gift Not really. She has a $5.5mil lifetime exclusion and if Pooj hooks up with her marries her that goes to $11mil You're welcome and my bill is in the mail. Why take the lump sum? Because it's the smarter way to go. The annuity would likely be over her lifetime and if she gets hit by a bus tomorrow? Whoops. Link to comment Share on other sites More sharing options...
Fadingpain Posted August 25, 2017 Share Posted August 25, 2017 Is it just me, or is there something hot about her? That's just you. Link to comment Share on other sites More sharing options...
Augie Posted August 25, 2017 Share Posted August 25, 2017 That's just you. I don't know, but that giant check she was holding up might have affected my view.....or at least perspective. Link to comment Share on other sites More sharing options...
Gugny Posted August 26, 2017 Share Posted August 26, 2017 With bells on, baby! Only a 2.5 hour drive. Levi to self: "Maybe those guys were right. Maybe marriage isn't that bad, after all." Link to comment Share on other sites More sharing options...
bbb Posted August 27, 2017 Share Posted August 27, 2017 http://nypost.com/2017/08/24/powerball-winners-husband-was-recently-killed-in-freak-accident/ Poojer's heading up Interstate 95 even as we speak. From the article: Before his death, Wanczyk was a firefighter with the Northampton Fire Department between 1986 and 1989. He retired after suffering an injury involving a water hose. Link to comment Share on other sites More sharing options...
Just Jack Posted August 31, 2017 Share Posted August 31, 2017 Something fishy going on in M!@#$..... https://www.upi.com/Top_News/US/2017/08/30/Machine-that-printed-758M-Powerball-payoff-taken-out-of-service/2701504112140/ The lottery machine that printed the winning ticket for last week's record $758.8 million Powerball jackpot has been taken out of service. ... That winning payoff meant that machine secured about $24.5 million in income tax revenue, not to mention all the money generated from losing tickets. ... Getting rid of the machine to hide evidence of tampering? Link to comment Share on other sites More sharing options...
flomoe Posted August 31, 2017 Share Posted August 31, 2017 Something fishy going on in M!@#$..... https://www.upi.com/Top_News/US/2017/08/30/Machine-that-printed-758M-Powerball-payoff-taken-out-of-service/2701504112140/ Getting rid of the machine to hide evidence of tampering? Sounds like the 2008 and 2012 Presidential elections. I'm sure it happens all the time. Link to comment Share on other sites More sharing options...
stevestojan Posted August 31, 2017 Share Posted August 31, 2017 Good for her, but I couldn't believe she showed up for the press conference chawing a piece of gum. I mean, come on. Seriously? Have you ever stood in a line at a store behind the type of person who actually plays the lottery? I don't know this woman, but I can guarantee the screen on her cell phone is cracked. Link to comment Share on other sites More sharing options...
Augie Posted August 31, 2017 Share Posted August 31, 2017 Seriously? Have you ever stood in a line at a store behind the type of person who actually plays the lottery? I don't know this woman, but I can guarantee the screen on her cell phone is cracked. She can afford a new one. (But may not know better.) Link to comment Share on other sites More sharing options...
EasternOHBillsFan Posted August 31, 2017 Share Posted August 31, 2017 Sounds like the 2008 and 2012 Presidential elections. I'm sure it happens all the time. Or the 2000 and 2016 Presidential elections, where the vote was actually much, much closer. Link to comment Share on other sites More sharing options...
teef Posted August 31, 2017 Share Posted August 31, 2017 Seriously? Have you ever stood in a line at a store behind the type of person who actually plays the lottery? I don't know this woman, but I can guarantee the screen on her cell phone is cracked. This is outstanding. Link to comment Share on other sites More sharing options...
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