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   22-32-37-44-50 and 34. Winner step forward and claim your 6.5 million years of TotalFark

25 Nov 2012 06:40 AM   |   8706 clicks   |   Salon
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urban.derelict     
nein? just give 'em away cuz drew works for free -- dumbass

25 Nov 2012 12:17 AM
unheatedgarage     

urban.derelict: drew works


lol

25 Nov 2012 06:46 AM
BalugaJoe     
No winner try again

25 Nov 2012 06:48 AM
jeffowl     
PB web site says no winner... Next time will be $425M

25 Nov 2012 06:51 AM
BalugaJoe     
with that money you could fire 1 million cab drivers.

25 Nov 2012 06:54 AM
Coelacanth     
*Watching a PBS Frontline 2 show about children living in poverty*

25 Nov 2012 07:06 AM
BigBooper     

Coelacanth: *Watching a PBS Frontline 2 show about children living in poverty*


Screw Them! If I win I'm blowing it on hookers and blow. I swear to god, my witch of an ex-wife and kids won't see a dime! I'll have it blown before the courts can stop me! Back child support be damned, the monies mine, ALL MINE!

/not divorced
//10% to charity, 10% to family, 10% to spend, and 70% invested to live off of for life.

25 Nov 2012 07:17 AM
jack21221     
I might have to throw in 5 bucks for next time.

25 Nov 2012 07:30 AM
T-Boy     
My 8 year old just asked, "if we win the Powerball, could you get Psy to perform at our house?"

There's only one reasonable answer to that question.

25 Nov 2012 07:32 AM
vegasj     
Est. Jackpot $425,000,000
Est. Cash $278,300,000

I may have to buy me a $6 ticket

25 Nov 2012 07:33 AM
IMDWalrus     

jack21221: I might have to throw in 5 bucks for next time.


Two and a half tickets?

25 Nov 2012 07:49 AM
Don't Tongue the Reaper!     
Hey, those are my measurements!

25 Nov 2012 07:50 AM
starsrift     
Let's wait and see what Farker is suddenly against raising taxes on the 1%...

25 Nov 2012 07:52 AM
BigBooper     

vegasj: Est. Jackpot $425,000,000
Est. Cash $278,300,000

I may have to buy me a $6 ticket


Minus Federal taxes of 35% $180,895,000. (that's assuming you can get the check before taxes go up in 2013)

Minus your state taxes (0%-11%)

Does any one know if your taxed on the pre-federal amount, or after the feds get there cut?

25 Nov 2012 07:59 AM
drewsclues     
I bought 1 ticket for this on my bi-annual paying of the idiot tax... and got the powerball. I'm letting it all ride on the next drawing! early retirement, here I come!

25 Nov 2012 08:12 AM
jack21221     

IMDWalrus: jack21221: I might have to throw in 5 bucks for next time.

Two and a half tickets?


Six bucks then. This just goes to show how often I play. :-p

25 Nov 2012 08:15 AM
nacker     

BigBooper: vegasj: Est. Jackpot $425,000,000
Est. Cash $278,300,000

I may have to buy me a $6 ticket

Minus Federal taxes of 35% $180,895,000. (that's assuming you can get the check before taxes go up in 2013)

Minus your state taxes (0%-11%)

Does any one know if your taxed on the pre-federal amount, or after the feds get there cut?


Taxes are a good thing. They pay for schools and the grammar police.

25 Nov 2012 08:22 AM
FuLinHyu    [TotalFark]  

T-Boy: My 8 year old just asked, "if we win the Powerball, could you get Psy to perform at our house?"

There's only one reasonable answer to that question.


Yes dear, he will perform seppuku.

25 Nov 2012 08:23 AM
david_gaithersburg     
I WON $4!!!! I'm a WINNER!

25 Nov 2012 08:24 AM
starsrift     

BigBooper: Does any one know if your taxed on the pre-federal amount, or after the feds get there cut?


It was my understanding that it's income tax. You don't normally pay state income tax on the remainder after you've calculated the fed portion, do you?

25 Nov 2012 08:26 AM
enry    [TotalFark]  
Those are the numbers an idiot would use for his luggage!

/or the sizes on a really scary looking hooker
//or the hooker's luggage?

25 Nov 2012 08:27 AM
wxboy    [TotalFark]  

starsrift: Let's wait and see what Farker is suddenly against raising taxes on the 1%...


As long as that person claimed the prize before the end of the year, it wouldn't matter much, except for taxes on interest.

25 Nov 2012 08:32 AM
All Latest    [TotalFark]  

Coelacanth: *Watching a PBS Frontline 2 show about children living in poverty*


They should have bought a lottery ticket.

25 Nov 2012 08:33 AM
Thats No Moose     

T-Boy: There's only one reasonable answer to that question.


"Kid, if we win, he can stay in a cupboard in your bedroom."?

25 Nov 2012 08:43 AM
sixfoot     
Would anyone else take the annuity? People have given me the stink eye for saying I wouldn't take the lump sum.
I have shown poor less than stellar ability managing tens of thousands - why would I trust myself with hundreds of millions?
Thirty years of guaranteed income sounds awfully nice. I could go crazy for a year or two and still have timee to fix it.
What do you think?

25 Nov 2012 08:44 AM
IsNoGood     

FuLinHyu: T-Boy: My 8 year old just asked, "if we win the Powerball, could you get Psy to perform at our house?"

There's only one reasonable answer to that question.

Yes dear, he will perform seppuku.


I think it called differently in Korea,, surely they dont use a jap term

25 Nov 2012 08:46 AM
wxboy    [TotalFark]  

sixfoot: Would anyone else take the annuity? People have given me the stink eye for saying I wouldn't take the lump sum.
I have shown poor less than stellar ability managing tens of thousands - why would I trust myself with hundreds of millions?
Thirty years of guaranteed income sounds awfully nice. I could go crazy for a year or two and still have timee to fix it.
What do you think?


You could pay someone to handle your money for you. It would probably cost less than the increased taxes that will likely persist over the next 30 years for that bracket.

25 Nov 2012 08:48 AM
nacker     

sixfoot: Would anyone else take the annuity? People have given me the stink eye for saying I wouldn't take the lump sum.
I have shown poor less than stellar ability managing tens of thousands - why would I trust myself with hundreds of millions?
Thirty years of guaranteed income sounds awfully nice. I could go crazy for a year or two and still have timee to fix it.
What do you think?


I'm with you on that. It wouldn't take long for the payments to go faster than your ability to spend, and its a lot better to keep some away so it's harder to blow it all.

25 Nov 2012 08:50 AM
Oldiron_79     
sixfoot: Would anyone else take the annuity? People have given me the stink eye for saying I wouldn't take the lump sum.
I have shown poor less than stellar ability managing tens of thousands - why would I trust myself with hundreds of millions?
Thirty years of guaranteed income sounds awfully nice. I could go crazy for a year or two and still have timee to fix it.
What do you think?


Well statistically if you invested your money in ANYTHING it would double in less than 30 years. Hell even if you bought Savings bonds with them it would double in less than 30, also our current tax rates are lower than they have been for most of the time that there have been income taxes, so tax rates are prone to go up in the next 30 years. Also the annuity is non transferable, so if you die in a hookers and blow overdose incident your next of kin don't get the rest of your annuity.

But that being said the big advantage to annuity is you get a check every year for the next like 30 years, so you have 30 years to get used to handling having a bunch of money before its sink or swim time, if you get the lump that sink or swim time is immediately

25 Nov 2012 08:56 AM
ghoti_nap     
IANAL... Or an accountant... But if you take the cash option, couldn't you call it capital gains?

It's a one time pay out, on a small investment.

15% (if you can claim it this year, 25% if not)..

Est. Jackpot $425,000,000
Est. Cash $278,300,000
Est after CG Tax: $236,555,000 (or $208,725,000)



/Buying a few quick picks
//Won't win anyway.
///Ultrafark for everyone if I do.

25 Nov 2012 08:58 AM
Billy Bathsalt     
I'd change it all into quarters and throw them into the corners of my apartment, so I'd have to dig out the change to buy anything. I think it would slow me down so I didn't spend all of it in the first week.

25 Nov 2012 08:59 AM
starsrift     

ghoti_nap: IANAL... Or an accountant... But if you take the cash option, couldn't you call it capital gains?

It's a one time pay out, on a small investment.


If you can find an account who can persuade the IRS to agree, you might even be able to afford him.

25 Nov 2012 09:00 AM
starsrift     

starsrift: ghoti_nap: IANAL... Or an accountant... But if you take the cash option, couldn't you call it capital gains?

It's a one time pay out, on a small investment.

If you can find an accountant who can persuade the IRS to agree, you might even be able to afford him.


I really need to use preview.

25 Nov 2012 09:01 AM
Oldiron_79     
Billy Bathsalt: I'd change it all into quarters and throw them into the corners of my apartment, so I'd have to dig out the change to buy anything. I think it would slow me down so I didn't spend all of it in the first week.

I think I'd get it all in $2 bills than go on a tour of every Taco Bell in the country to see how many Fark headlines I got

25 Nov 2012 09:01 AM
hawcian     

ghoti_nap: IANAL... Or an accountant... But if you take the cash option, couldn't you call it capital gains?

It's a one time pay out, on a small investment.

15% (if you can claim it this year, 25% if not)..

Est. Jackpot $425,000,000
Est. Cash $278,300,000
Est after CG Tax: $236,555,000 (or $208,725,000)



/Buying a few quick picks
//Won't win anyway.
///Ultrafark for everyone if I do.


Pretty sure lotto winnings specifically fall under "gambling profit" (or whatever the term is), which is considered regular income. Your best bet is to live in a state with no income tax.

25 Nov 2012 09:09 AM
MyNameWasPicked     
I had 01 16 22 32 44 PB 20. I WON $7.00. I am Farking Retiring!!

25 Nov 2012 09:15 AM
kokomo61    [TotalFark]  

hawcian: Pretty sure lotto winnings specifically fall under "gambling profit" (or whatever the term is), which is considered regular income. Your best bet is to live in a state with no income tax.


Step 1) Buy winning ticket, move to Florida
Step 2) Claim ticket
Step 3) Profit!

25 Nov 2012 09:25 AM
Kyosuke     

MyNameWasPicked: I had 01 16 22 32 44 PB 20. I WON $7.00. I am Farking Retiring!!


Can I borrow $6? My "baby needs an operation."

25 Nov 2012 09:27 AM
dstanley    [TotalFark]  

hawcian: ghoti_nap: IANAL... Or an accountant... But if you take the cash option, couldn't you call it capital gains?

It's a one time pay out, on a small investment.

15% (if you can claim it this year, 25% if not)..

Est. Jackpot $425,000,000
Est. Cash $278,300,000
Est after CG Tax: $236,555,000 (or $208,725,000)



/Buying a few quick picks
//Won't win anyway.
///Ultrafark for everyone if I do.

Pretty sure lotto winnings specifically fall under "gambling profit" (or whatever the term is), which is considered regular income. Your best bet is to live in a state with no income tax.


So move to Florida before turning in the winning ticket?

25 Nov 2012 09:28 AM
NeoCortex42     

dstanley: hawcian: ghoti_nap: IANAL... Or an accountant... But if you take the cash option, couldn't you call it capital gains?

It's a one time pay out, on a small investment.

15% (if you can claim it this year, 25% if not)..

Est. Jackpot $425,000,000
Est. Cash $278,300,000
Est after CG Tax: $236,555,000 (or $208,725,000)



/Buying a few quick picks
//Won't win anyway.
///Ultrafark for everyone if I do.

Pretty sure lotto winnings specifically fall under "gambling profit" (or whatever the term is), which is considered regular income. Your best bet is to live in a state with no income tax.

So move to Florida before turning in the winning ticket?


You pay state tax based on the higher of where the ticket was bought and where you reside. So moving isn't going to help much.

25 Nov 2012 09:30 AM
Oldiron_79     
dstanley: hawcian: ghoti_nap: IANAL... Or an accountant... But if you take the cash option, couldn't you call it capital gains?

It's a one time pay out, on a small investment.

15% (if you can claim it this year, 25% if not)..

Est. Jackpot $425,000,000
Est. Cash $278,300,000
Est after CG Tax: $236,555,000 (or $208,725,000)



/Buying a few quick picks
//Won't win anyway.
///Ultrafark for everyone if I do.

Pretty sure lotto winnings specifically fall under "gambling profit" (or whatever the term is), which is considered regular income. Your best bet is to live in a state with no income tax.

So move to Florida before turning in the winning ticket?


If you bought your winning ticket in a state with state income tax you are gonna have to pay it even if you reside in a state without it.

25 Nov 2012 09:36 AM
Oldiron_79     
dstanley:

So move to Florida before turning in the winning ticket?


Well FL isn't your ONLY option in no state income tax states, there is also TN, TX, NV, AK, I'm like 99% sure NH(if NH isn't than VT is because 1 of those 2 is) WY, and I think last I had heard WA

25 Nov 2012 09:41 AM
ghoti_nap     
To everyone saying move to Flori-duh...

Unfortunately.. (Fortunately??) I already live here...

25 Nov 2012 09:49 AM
jayessell     
I have a question for the Farkers...

a) Lump sum payout.
b) 20 annual payments.
c) 1/1000th of the jackpot sent backwards in time N years.
(Where N = your age divided by 2.)
??????

25 Nov 2012 09:55 AM
Mrtraveler01     

sixfoot: Would anyone else take the annuity? People have given me the stink eye for saying I wouldn't take the lump sum.
I have shown poor less than stellar ability managing tens of thousands - why would I trust myself with hundreds of millions?
Thirty years of guaranteed income sounds awfully nice. I could go crazy for a year or two and still have timee to fix it.
What do you think?


After seeing that guy who won the Powerball in West Virginia blow all of the money he earned as well as all the bad luck and misfortune that seemed to follow him afterwards, I'm in agreement with you there.

25 Nov 2012 10:15 AM
NeoCortex42     

Mrtraveler01: After seeing that guy who won the Powerball in West Virginia blow all of the money he earned as well as all the bad luck and misfortune that seemed to follow him afterwards, I'm in agreement with you there.


The West Virginia winner was way more than bad luck and misfortune. It was idiocy. If you're in the habit of taking suitcases full of tens of thousands of dollars into strip clubs, you're an idiot. If you do it a second time after getting ripped off, you deserve to lose it.

25 Nov 2012 10:21 AM
Handsome B. Wonderful     
22-32-37-44-50? Only if she's 5'3".

25 Nov 2012 10:44 AM
AutumnWind     
There is no such thing as bad luck from winning the lotto. Either you are good with your money and smart with your life or you are not. Sometimes bad things will happen to you, but that will happen if you win the lotto or not.

25 Nov 2012 10:59 AM
AbiNormal     
If I win you farkers will never see me again!
www.burgerboat.comView Full Size


/Fed tax on winnings from gambling is 25% + state tax.
//In Powerball FAQ

25 Nov 2012 11:21 AM
wxboy    [TotalFark]  

AbiNormal: /Fed tax on winnings from gambling is 25% + state tax.
//In Powerball FAQ



That's how much the state lottery commission will withhold. Actual federal tax will be about 35%. So don't spend it all in the first year without setting aside the extra to cover the extra 10%.

25 Nov 2012 11:23 AM
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