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If I win the Powerball on Wednesday

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KitchenWitch Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 07:45 AM
Original message
If I win the Powerball on Wednesday
I will give MrScorpio enough money for his family to take a vacation in Croatia!

:hi:
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cssmall Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 09:56 AM
Response to Original message
1. Can I have some money too?
;)
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KitchenWitch Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 09:59 AM
Response to Reply #1
3. Sure!
:hi:

I will hire you to help train my son for baseball!
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cssmall Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 10:02 AM
Response to Reply #3
4. Haha.
Okay! I wouldn't be that expensive anyway. :)
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patricia92243 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 09:58 AM
Response to Original message
2. Will you adopt me? :) n/t
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Mayberry Machiavelli Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 10:25 AM
Response to Original message
5. If you become fabulously rich, we'll still be your friends. Even more so.
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KitchenWitch Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 10:25 AM
Response to Reply #5
6. Yeah, that is what I am afraid of!
:rofl:
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gizmo1979 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 12:26 PM
Response to Original message
7. I take it no one won
last night.I have bought ten tickets since last wednesday and I'm perfect,not a single number .That's got to be worth something.
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KitchenWitch Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 10:27 PM
Response to Reply #7
8. No one won it
340 million (or 164 million cash option) on Wednesday.
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Reciprocity Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 10:32 PM
Response to Original message
9. I want to be your best friend!
Does anyone know if you cross state lines (say Texas/Louisiana) and you win, do you still have to pay Louisiana state taxes?
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KitchenWitch Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 10:40 PM
Response to Reply #9
12. Not sure
If I win, I hate to pay the Minnesota state taxes...they are high here.
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Reciprocity Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 10:51 PM
Response to Reply #12
13. Lets see what you might get. Minnesota: 7.25% State Tax
Cash
-------$164,400,000
fed tax-$41,100,000
total-$123,300,000

--------$123,300,000
state---$11,919,000
total--$111,381,000
This is a great site for all lotto.
http://www.usamega.com/powerball-jackpot.htm

BTW Texas has no state tax.
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KitchenWitch Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 11:26 PM
Response to Reply #13
15. HMM
may be worth moving before one turns the ticket in...you have a year!
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Reciprocity Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 11:37 PM
Response to Reply #15
19. Won't work...
they use your state of residents at the time you buy the ticket. I think. At the time I read that it didn't say if you live in another state if they still get their pound of flesh.

Here are some links I like. Hey a dream is just a buck away and someone will eventually win.

What To Do Before and After You Win the Lottery
http://www.note.com/note/pp/jackpot.html

The Morning After: Tax Planning for Lottery Winners
http://www.williamsmullen.com/news/articles_detail/019.htm

If you hold a winning Powerball ticket
http://archives.cnn.com/2001/CAREER/trends/08/22/lottery.financial.planner.focus/index.html

You've Won the Lottery. Now What?
http://www.legalzoom.com/articles/article_content/article5475.html
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GOPisEvil Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 10:34 PM
Response to Original message
10. I don't need much.
Just 1%. :7
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Reciprocity Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 10:39 PM
Response to Original message
11. Did you know?
Edited on Sun Oct-16-05 10:41 PM by Reciprocity
Match 5 Bonus Prize in effect for the first time

A feature added to Powerball in 2002, the Match 5 Bonus Prize, kicks in for the first time and is designed to provide more players with the opportunity to share in such a large prize.

The portion of sales normally added to the jackpot amount above $340 million will be moved to the new Bonus Prize pool. If a player wins Wednesday's estimated jackpot, any player who correctly matches the five white ball numbers will win an equal share of the Bonus Prize pool in addition to the usual prizes for that level. The usual Match 5 prize is $200,000 and can be increased up to $1 million with purchase of the Power Play option. The Bonus Prize is automatic and will be added to whatever Match 5 prizes are already won. The Bonus Prize is available at no additional cost to the player.

Here's how it works:

When the previous record Powerball jackpot has been surpassed, a new "Share the Winnings" feature sets jackpot growth to no more than $25 million per draw. Any additional funds that would go into the grand prize pool above the $25 million will be placed into a Bonus Prize Pool that will be divided equally among any 5 of 5 prize winners of the drawing in which the jackpot is hit.
Match 5 Bonus prizes are paid in a lump sum.
Winning Match 5 players who played Power Play will win $200,000 multiplied by the selected multiplier. The BONUS prize will then be added to this total. The Bonus prize is not multiplied by the Power Play option.
The Bonus Prize Pool grows until the jackpot is won. The Bonus Prize Pool grows just as the primary jackpot pool rolls and is paid out only when there is a jackpot winner.
Players who match 5 white ball numbers for that drawing still win $200,000 or $200,000 times the Power Play number if the player purchased that option.
Check your tickets

For more...
http://www.lotterypost.com/threads121320.htm
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Oeditpus Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 10:54 PM
Response to Original message
14. Thought you were gonna buy a ball club
And let me run it. :bounce:
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KitchenWitch Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 11:31 PM
Response to Reply #14
16. 111 million is a little short for a ballclub
But I could buy the Twins a stadium, charge them rent and keep them from contraction!
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Oeditpus Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 11:49 PM
Response to Reply #16
22. Buy a minor league club
You can pick up a single-A club for about $20 million. And they're a lot more fun anyway. :applause:
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KitchenWitch Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 11:59 PM
Response to Reply #22
27. True dat!
far less prima donnas on the field.
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bigwillq Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 11:31 PM
Response to Original message
17. Sorry, but I am going to win.
I'll give you some dough though! :)
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borlis Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 11:32 PM
Response to Original message
18. I will be splitting that $$$$ with you.
:hi:
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KitchenWitch Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 11:46 PM
Response to Reply #18
21. You will have to find me first!
:P
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borlis Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 11:55 PM
Response to Reply #21
25. I mean I will have the 2nd winning ticket!!!
:hi:
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Floogeldy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 11:38 PM
Response to Original message
20. If you win the Powerball on Wednesday . . .
I'll throw my dog in a meatgrinder and burn down city hall.

My soul remains at peace.

:)
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KitchenWitch Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 11:53 PM
Response to Reply #20
23. I suppose you will be wanting bail money?
;)
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Floogeldy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-17-05 12:49 AM
Response to Reply #23
29. LOL!
:)
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Reciprocity Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 11:59 PM
Response to Reply #20
26. Where's the sport in that?
Edited on Mon Oct-17-05 12:00 AM by Reciprocity
How about the dog throws you, into a meat grinder then sets back to a nice meal of meatloaf fava beans and a nice Chianti whilst playing poker with all his little pals?
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Floogeldy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-17-05 12:05 AM
Response to Reply #26
28. Well, I don't . . .
OKAY!

:)
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MrScorpio Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-05 11:55 PM
Response to Original message
24. Thank you so very much
Of course we'd love to have you come along

Besides, there's a few spanks I owe you
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BlueIris Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-17-05 01:05 AM
Response to Original message
30. I've already told you all, I'M going to win the Powerball.
Edited on Mon Oct-17-05 01:23 AM by BlueIris
And then I'm going to go on television and scream about Downing Street. Here is my plan: a) I win, b) I gather all of my knowledge about DSM and Iraq in my brain, c) I cover myself in material about DSM and the war, d) I get a good lawyer and e) I go to cash the ticket. I refuse to answer any questions about anything that isn't related to the DSM. The only things I will say while cameras are rolling will have to do with the DSM. All of this might make me the least scrutinized lottery winner in history, we'll have to see.

As for DU--well, who needs help with bills? Can't promise to help everyone, state and federal taxes will have taken a massive chunk out of that $340 mil, (especially considering that I'd probably just take the lump sum payment and run...to my new C.P.A.'s office) but I'll give everyone currently posting at the site a shot at clearing up some of their financial crap. Lord knows, liberals could do more if they had no financial problems.
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