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Powerball jackpot soars to whopping $650M — the third largest prize in U.S. history
New York Daily News ^ | 8/20/2017 | Reuven Blau

Posted on 08/21/2017 5:02:02 AM PDT by simpson96

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To: simpson96

Never understood how the lottery could claim the prize was X to increase sales then pay you at X/2 and not have it be false advertising, when they are the one selling the tickets and collecting the taxes, they should either be forced to pay the full amount advertised and sell more losing tickets to cover the difference or only advertise the actual amount you win.


21 posted on 08/21/2017 8:08:11 AM PDT by edzo4 (Democrats playbook = promise everything, deliver nothing, blame someone else.)
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To: Gay State Conservative

I remember a coworker of my dad hit mass millions when it first came out and was sure he was going to retire early, but sadly 17 other people had the same numbers and ended up with like $50k after taxes. I’d take it but be pissed I thought I was getting a million.


22 posted on 08/21/2017 8:14:44 AM PDT by edzo4 (Democrats playbook = promise everything, deliver nothing, blame someone else.)
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To: edzo4

far more heartbreak than elation in these games


23 posted on 08/21/2017 8:44:39 AM PDT by xp38
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To: edzo4

They will give you the entire amount if you spread it over 20/25 years. Otherwise you get the Cash amount.


24 posted on 08/21/2017 9:11:57 AM PDT by chaosagent (Remember, no matter how you slice it, forbidden fruit still tastes the sweetest!)
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To: simpson96

I bought a couple tickets.

If I win, I am buying a modest house in the middle of a 500 acre compound with a yuge wall and moat. Take my husband, daughter and mom and living off the grid for the rest of my life.

I’ll randomly pick a veteran, cancer patient, homeless person, missionary or volunteer every month and send them an anonymous check.

Not donating a dime to organizations or churches who will piss it away on bureaucracy where it never goes to the people who need it.

That’s “Leave me the eff alone” money.


25 posted on 08/21/2017 9:19:45 AM PDT by JenB987
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To: chaosagent

I’m not talking about lump sum Vs annuity. I’m saying the lottery ie. the government sells tickets on the premise you win $100 million dollars then the same govt/lottery keeps $50 million in taxes. They should only be allowed to advertise what you receive after taxes.


26 posted on 08/21/2017 12:34:08 PM PDT by edzo4 (Democrats playbook = promise everything, deliver nothing, blame someone else.)
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To: upchuck

>> In South Carolina it goes towards education.

That is sooooooo cool! Education supported by a tax on stupidity!


27 posted on 08/21/2017 6:25:35 PM PDT by QBFimi (It is not your responsibility to finish the work of perfecting the world... Tarfon)
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To: QBFimi

:)


28 posted on 08/21/2017 8:08:24 PM PDT by upchuck (Holding on to anger is like grabbing a hot coal to throw at someone. You are the one burned ~Buddah)
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To: simpson96

Will only, ever buy a lotto ticket when The LORD tells me to. Now and then The LORD speaks to me in a way that unmistakable. If He tells to get a ticket it will not be gambling, but a sure thing. Much good could be done with the money, as well as it being enjoyed.

God is good. He lays up the wealth of the wicked for the just. The only just are those who receive the righteousness of Christ through believing in Him and His sacrificial death on the cross, which pays for every sin. In the place of our sins, He gives us His perfect righteousness. Praise Him!!!


29 posted on 08/22/2017 4:12:03 PM PDT by Bellflower (Who dares believe Jesus?)
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