No Winners in $524 Million Powerball Jackpot

[Omaha Steve]

Source: ABC News

No one had the winning numbers for the estimated $524 million Powerball jackpot -- 47, 2, 63, 62, 11 and the Powerball of 17 -- which means Saturday's jackpot will be an estimated $675 million, the largest lottery jackpot in U.S. history. The previous largest was a Mega Millions jackpot of $656 million in 2012.

The prize surged from $450 million to $524 million Wednesday night, making it the fourth largest Powerball jackpot of all time.

The payout would have had an estimated cash value of more than $300 million, before taxes, according to the Powerball website. The final take-home amount depends on an individual's tax rate and the state and local taxes in their state of residence, Tracey Cohen, the interim executive director of the D.C. Lottery, told ABC News.

FULL story at link.

Read more: http://abcnews.go.com/US/no-winners-powerball-jackpot-wednesday/story?id=36132216

[Sherman A1]

1. Rats

I was already making my plans for the $$$$$.

[littlewolf]

2. the lottery is a tax on people who are poor at math.

the odds of winning are off the charts ….

[handmade34]

3. reverse Robin Hood

"...residents of poorer communities disproportionately contributing to the local aid fund that Lottery losses fill, while wealthier communities reap much more in local aid than their residents gamble away..."

http://commonwealthmagazine.org/economy/697-the-lotterys-reverse-robin-hood-ways/

[brooklynite]

11. Giving money to the State Government is "reverse Robin Hood"?

[Elmer S. E. Dump]

7. It's just an entertainment dollar for me. I lose a lot less then going to a casino.

[NurseJackie]

4. I won... something!!!

$14 on a $10 investment.



I think I'll "re-invest" my winnings and take a chance on the next drawing too.

[geek tragedy]

5. Up to $675 million. Finally, some serious money in the jackpot. nt

[Ace Rothstein]

6. LOL

That jackpot is going to be $750 million+ by Saturday night.

[William Seger]

9. Maybe. A big jackpot means BIG sales

... which of course is exactly why they changed to rules to make it harder to win.

[brooklynite]

12. Remember: whomever wins will be a 1%er and deserving of disdain from everyone here...

[geek tragedy]

13. hmm, tough tradeoff nt

[Yavin4]

14. As opposed to being disdained by DU for a number of other reasons

on a daily basis?

If you haven't been disdained by DU, then you aint been on DU for very long.

[Hassin Bin Sober]

10. Lol. I like how the article says "their tax rate" and state and local taxes.

I'm pretty sure anyone who wins this will be in the highest bracket.


Unless of course I win. My plan is to form a Cayman Islands shell corporation and claim the winning there and then loan the money back to myself.

I'm not giving all my hard earned money to you dirty tax and spend liberals.


(Just in case )