Powerball jackpot at $400 million - Oops! $1.5 billion - $40 mil

allisolm

Elite Member
Administrator
Jan 2, 2001
25,009
4,370
136
Go for it! You know you've got $2 burning a hole in your pocket.

Bought 2 tickets Wednesday and did not get even one number correct.

Will try again for this Wednesday drawing.
 

twinrider1

Diamond Member
Sep 28, 2003
4,096
64
91
Yes, I know it's more likely I'll be struck by lightning multiple times. It's still fun to throw a few bucks down when it gets this large.

I've read cash option minus taxes leaves about 1/3, so I'm going with $133,000,000.00.

33 people will be getting a million dollar check (or however they want it). This will be friends and people that have been a positive effect on the lives of my children.
The rest will be spent traveling around the world building schools and hospitals where needed.

Or, I could spend the whole $133MM and sign Johnny Cueto for six years.
 

allisolm

Elite Member
Administrator
Jan 2, 2001
25,009
4,370
136
$244.8 Million Cash Value on the $400 million prize. Nets around $150,000,000 after federal tax. I could live on that.
 

TXHokie

Platinum Member
Nov 16, 1999
2,557
173
106
The odds of scoring a hot date with Jessica Alba is higher than hitting Powerball jackpot so I'm gonna go with Jessica instead.
 

Svnla

Lifer
Nov 10, 2003
17,999
1,396
126
Purchased 1 ticket over the weekend and not a single winning number was on it.

Try again after work today. Some of us do have to pay state income tax on lottery winnings and not just federal.
 
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GagHalfrunt

Lifer
Apr 19, 2001
25,297
2,001
126
$244.8 Million Cash Value on the $400 million prize. Nets around $150,000,000 after federal tax. I could live on that.

That pays for the hookers and blow at least. You might need to pick up a paper route to help cover non-essentials like food and rent.

I'll do like I always do, buy one single ticket, spend a couple of days looking at real estate in Monaco and the Hamptons, spec out a new Ferrari or two, then get zero numbers correct and go back to real life.
 
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allisolm

Elite Member
Administrator
Jan 2, 2001
25,009
4,370
136
allisolm, if you won would you still be an Admin/Mod here?

Then I could finally be in that sports car driving, model dating, 1%er, cash flashin' category all ATOTers seem to fall in.
 

MongGrel

Lifer
Dec 3, 2013
38,751
3,068
121
About always spend a couple bucks on the regular lotto every wednesday and saturday.

I actually had a former girlfriend hit a big Powerball once.

Of course if she wasn't a former girlfriend I guess she probably we would have done something different and she would have never hit it.

Life is funny and random in general a lot of the time.
 

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
102,425
8,388
126
odds of winning are 1 in 292 million. ticket is $2. so, under my rule of not playing until the ticket price and annuity (pretax) values are the same, i'm not playing until it reaches $584 million. a couple years ago they moved the ticket price to $2 in order to drive up that jackpot number, but moved the odds to 1 in 175 million from 1:195 million. last july they decided to worsen the jackpot odds (while improving odds on lesser prizes, for example winning $4 went from 1:111 to 1:92).

jackpot odds are now roughly the same between megamillions and powerball. if you're going to play, if the mega jackpot is greater than half of the powerball jackpot you're better off playing mega.
 

Jeeebus

Diamond Member
Aug 29, 2006
9,180
897
126
I always look at the powerball digit first, see that it doesn't match up with anything on my ticket, then let out a sigh as if checking the rest of the numbers is a huge chore. I assume I'm not alone on that.
 

RossMAN

Grand Nagus
Feb 24, 2000
78,794
266
116
ok so where is the atot group buy when you need it?

Someone hosed it up via paypal. +1 for Vivi and the peeps entering #s.

So we're double hosed, right?

1) IIRC we can't here.
2) Problem with funding (Paypal).

Assuming we won $133 mill after taxes/taxes/taxes/taxes divided by 100 AT'ers = $13.3 mill each I suppose I can survive on that.

If we could do a group buy, I'll skip my daily latte for a week ~ $20.
 

Capt Caveman

Lifer
Jan 30, 2005
34,547
651
126
So we're double hosed, right?

1) IIRC we can't here.
2) Problem with funding (Paypal).

Assuming we won $133 mill after taxes/taxes/taxes/taxes divided by 100 AT'ers = $13.3 mill each I suppose I can survive on that.

If we could do a group buy, I'll skip my daily latte for a week ~ $20.

How about Venmo?
 

highland145

Lifer
Oct 12, 2009
43,535
5,945
136
So we're double hosed, right?

1) IIRC we can't here.
2) Problem with funding (Paypal).

Assuming we won $133 mill after taxes/taxes/taxes/taxes divided by 100 AT'ers = $13.3 mill each I suppose I can survive on that.

If we could do a group buy, I'll skip my daily latte for a week ~ $20.
The real problem would be 100 of us signing the back of the ticket.
 

RossMAN

Grand Nagus
Feb 24, 2000
78,794
266
116
So would you opt for the lump sum or annuity?

lump for sure then hopefully seek professional ATOT advice regarding how to invest, etc.

Can you imagine if Trident won the big one and posted a thread on ATOT? I would have to call in sick for 2-3 weeks to bask in the epicness.
 

RossMAN

Grand Nagus
Feb 24, 2000
78,794
266
116
The real problem would be 100 of us signing the back of the ticket.

I wonder what the legal implications would be if 100 forum members won and the person holding the actual ticket claimed it wasn't purchased using lottery pool funds?
 
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