Author Topic: If I win the lottery ... (Read 39157 times)

yos9694 · « **Reply #60 on:** January 07, 2016, 03:30:01 PM »

Quote from: YitzyS on January 07, 2016, 01:48:12 PM

My intention of the report was to answer Baruch who asked for a link and someone else who asked why he would lose friends and not gain friends. And no, it was not the Zman. The main article that I remember was actually in a newspaper that read over the shoulder of the guy sitting next to me on the train.

The Daily Worker?

Chapshnell · « **Reply #61 on:** January 07, 2016, 03:42:46 PM »

If I win the lottery.....

It would probably be a problem.

elit · « **Reply #62 on:** January 07, 2016, 07:02:52 PM »

Quote

Another way to preserve your identity when claiming your winnings is by starting an LLC or non-profit to accept the money on your behalf

took this from a ywn article so...

sky121 · « **Reply #63 on:** January 07, 2016, 07:05:00 PM »

Sell it on the black market.

Aaaron · « **Reply #64 on:** January 07, 2016, 07:14:42 PM »

My staff decided to purchase a bunch of tickets with one person opting out. Hypothetically, if we won would you give her anything?

sky121 · « **Reply #65 on:** January 07, 2016, 07:18:39 PM »

Quote from: Aaaron on January 07, 2016, 07:14:42 PM

My staff decided to purchase a bunch of tickets with one person opting out. Hypothetically, if we won would you give her anything?

With that much money? I'd give her something. Just to ease the sting.

aygart · « **Reply #66 on:** January 08, 2016, 12:09:49 AM »

Quote from: Aaaron on January 07, 2016, 07:14:42 PM

My staff decided to purchase a bunch of tickets with one person opting out. Hypothetically, if we won would you give her anything?

considering she will then be the only one still needing a job it would be smart to give her a raise.

yos9694 · « **Reply #67 on:** January 08, 2016, 07:37:55 AM »

Quote from: Aaaron on January 07, 2016, 07:14:42 PM

My staff decided to purchase a bunch of tickets with one person opting out. Hypothetically, if we won would you give her anything?

Yes, I'd buy her a block of tickets for the next lotto and a Hallmark card for the occasion.

Centro · « **Reply #68 on:** January 08, 2016, 11:40:29 AM »

Aaanndddd it's up to $800mm

Dan · « **Reply #69 on:** January 08, 2016, 11:41:43 AM »

Won't be surprised if it's hits $1B.

yossi621 · « **Reply #70 on:** January 08, 2016, 11:46:57 AM »

Quote from: Centro on January 08, 2016, 11:40:29 AM

Aaanndddd it's up to $800mm

whats the annual payout on 800mm if you take that option?

grodnoking · « **Reply #71 on:** January 08, 2016, 11:54:18 AM »

In for one.

jj1000 · « **Reply #72 on:** January 08, 2016, 11:56:06 AM »

Quote from: Dan on January 08, 2016, 11:41:43 AM

Won't be surprised if it's hits $1B.

It would be amazing if no one wins this one and it starts over a billion. Probably hit 2 billion no problem.

Zalc · « **Reply #73 on:** January 08, 2016, 12:09:48 PM »

Really interesting read over at Reddit regarding winning the lottery here.
Warning: a bit of profanity.

jackofall · « **Reply #74 on:** January 08, 2016, 12:14:46 PM »

Quote from: yossi621 on January 08, 2016, 11:46:57 AM

whats the annual payout on 800mm if you take that option?

27.6

elit · « **Reply #75 on:** January 08, 2016, 12:29:46 PM »

Quote from: jj1000 on January 08, 2016, 11:56:06 AM

It would be amazing if no one wins this one and it starts over a billion. Probably hit 2 billion no problem.

Wonder what the odds of Noone winning is

grodnoking · « **Reply #76 on:** January 08, 2016, 12:32:14 PM »

If you take it out right away you make maximum 316M in NYC

Dan · « **Reply #77 on:** January 08, 2016, 12:36:30 PM »

Quote from: grodnoking on January 08, 2016, 12:32:14 PM

If you take it out right away you make maximum 316M in NYC

Would be less than that.

496 lump sum less 40% fed and 12.72% NY/NYC.

grodnoking · « **Reply #78 on:** January 08, 2016, 12:39:22 PM »

Quote from: Dan on January 08, 2016, 12:36:30 PM

Would be less than that.

496 lump sum less 40% fed and 12.72% NY/NYC.

True. I forgot to add the taxes you pay at the end of year.
=234,508,800
State tax is with or after fed?

Dan · « **Reply #79 on:** January 08, 2016, 12:40:27 PM »

Question is can you move to FL and establish residence before cashing in the ticket?