Posted on 02/23/2017 7:32:38 AM PST by ConservativeStatement
DES MOINES, Iowa (AP) — The winning Powerball numbers have been drawn for the jackpot that’s climbed above $400 million for the first time in nearly three months. The numbers are 10-13-28-52-61 and Powerball 2. The game’s website says one winning ticket was sold in Indiana. The Hoosier Lottery confirmed Thursday morning that the ticket was sold in Lafayette.
(Excerpt) Read more at fox59.com ...
Somebody’s long lost friends,relatives,ex-wives and girlfriends will be soon coming out of the woodwork.
Where’d we stop for that ticket when we were on our trip?
Axl Rose’s birthplace, too.
I told the guys on my crew (Six total) that if I won, and it was under a hundred million, they’d each get a hundred thousand. If it was over a hundred million, they’d each get a million.
The rest, of course, would go towards making MORE money.
Perhaps starting a firearms related company.
No but it was supposed to be mine. 8>) The thief!!!
Iowa. And our ticket was for Saturday’s drawing. The winning number was drawn last night, and I didn’t have any tickets for that one.
Crap...now I need to go shower and go to work again today.
Someone from Purdue just drop out?
Thats impossible. I dont live there.
But I may have a long lost beloved relative that lives there.
$400 million? I imagine you can buy a pretty nice house in Iowa with that kind of money ...
Looks like the Boilermakers might get a nice windfall outta the deal, maybe.
$400 million sounds good, but that is only if you take it over 30 years and pay half of it in taxes each year. If you take it lump sum you get a little more than half the touted amount and then the taxes eat up half of that..you’d only end up with a measly $100 million. Meh..
I got the Powerball, WINNER! (of four dollars) LOL
Cash gross value of 243.9 million, minus total Fed tax and any state tax applicable. About 139 million after-tax in some locations of the Ozarks. Take the cash and place 80% into a guided diversification plan with the principle difficult to access. Done conservatively should yield average of 4% dividend per year. Unless one plays ‘Brewster’s Millions’, one should have something left to show after that first year’s fling.
1st net installment after full taxes taken out of 30 year annuity, should payout somewhat more than 2 million. Each successive installment will increase. Final installment payment would be over 8 million. What will 8 million be able to purchase after the next 30 years of cost inflation?
To be fair you will only pay a maximum of 39.6% (and not on all of it) unless you’re crazy enough to live in a state with a state income tax.
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