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To: Bob434
$496,000,000.00 cash payout (pre tax)

Max Federal government tax rate + Obamacare Tax (43.4%) = $215,276,000.00

State Taxes: My state (AR) State Income Tax 7.5% = $37,200,000.00

Net after tax winnings = approx. $243,524,000.00

Smart thing to do is to relocate to a state income tax free state (TX, WY, SD, FL, AK, NV, WA) and then:

1) Tithe to God 10%= $49,600,000.00 (yes, God gets 10% gross, and it comes out of your post-tax earnings)
2) Pay off all of YOUR immediate family debt(s):
3) Buy some life insurance, Long Term Care policy, and Health Savings Account.
4) Contact trust attorney, CHCL/CHU/CFP insurance agent, and a CPA/JD
5) Don't buy anything yet. Have your broker buy you tax free municipal bonds and live off the interest for the rest of your life. CALL ME!
6) Gift either $14,000/yr tax free for maximum IRS exclusion, or one time life tax free gift exclusion of $5,430,000.00 to your closest, reliable, mature, and smart relative/friends.
7) Give to FreeRepublic, local RNC, and NRA/GOA/JFPO.
8) Change your phone number.

33 posted on 01/08/2016 10:12:58 AM PST by DCBryan1 (No realli, moose bytes can be quite nasti!)
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To: DCBryan1

OK, If I win, I’ll call you; probably in a drunken stupor, but I’ll call you.


36 posted on 01/08/2016 10:15:37 AM PST by Loud Mime (Honor the Commandments because they're not suggestions; stop gambling on forgiveness.)
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To: DCBryan1
Good news....I AM in TX :)

I'll be calling you!!

If I win :)

40 posted on 01/08/2016 10:25:21 AM PST by Jane Long (Go Trump, go! Make America Safe Again :)
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To: DCBryan1

Give to the local RNC, so they can throw it away siphoning away our rights at a slower pace than the democrats?


41 posted on 01/08/2016 10:26:16 AM PST by wastedyears (uchikudake - toki michite - ikiru tame - tokihanate)
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To: DCBryan1
There were three teachers in Maryland who won a huge amount and went to the press conference dressed as clowns and had their trust act as the winners. (Don't know how they did that), but I would be inclined to tell no one except the attorney I am paying highly to not divulge my name.

Come to think of it I only need about 5 to 10 million to do me good invested well. All the rest of the money would be a pain.

43 posted on 01/08/2016 10:35:04 AM PST by Slyfox (Ted Cruz does not need the presidency - the presidency needs Ted Cruz)
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To: DCBryan1
Yes, I've always thought that if I won the lottery that I'm absolutely obligated to tithe.

Not like it will ever happen, but I thought I'd need to tithe 10% of the entire jackpot. 80MM on 800MM pot.

Tithing on what you get, 496MM makes more sense, but then again, I wouldn't want to "rob" God of what is His to begin with.

48 posted on 01/08/2016 12:07:24 PM PST by boop ("That's a hell of a price to pay for being stylish" -Dirty Harry)
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