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He decided to take the lump sum of $3 million...$2.1 million after taxes...

I don't know if I could drive around for 4 hours...Buying lottery tickets...

1 posted on 08/03/2020 1:43:39 AM PDT by L.A.Justice
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To: L.A.Justice

I think someone tipped him off to the general location of the last ticket.


2 posted on 08/03/2020 2:14:28 AM PDT by Cowboy Bob (Mocking Liberals is not only a right, but the duty of all Americans.)
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To: L.A.Justice

How many people got the same idea and spent their rent money on losing tickets?


3 posted on 08/03/2020 2:22:21 AM PDT by Oshkalaboomboom
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To: L.A.Justice

Oompah loompah doopity doo.


5 posted on 08/03/2020 2:40:08 AM PDT by Tolerance Sucks Rocks (The Constitution guarantees the States protection against insurrection. Act now, Mr. President!)
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To: L.A.Justice

How much did it cost him to buy up all the remaining twenty dollar tickets? Aren’t there dozens of them at each location?


6 posted on 08/03/2020 2:55:35 AM PDT by 4Runner
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To: L.A.Justice

The crooked insertion of The NC Education Lottery years ago, was custom made for just this type of story... Is the winner by any chance, related to a man by the name of Jim Black?


12 posted on 08/03/2020 3:42:16 AM PDT by Dixie Yooper (Ephesians 6:11)
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To: L.A.Justice

He’ll be broke in a year


15 posted on 08/03/2020 3:50:40 AM PDT by albie
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To: L.A.Justice

I’ll bet everything I own that he’ll be in bankruptcy court within 18 months!


19 posted on 08/03/2020 4:16:31 AM PDT by Gay State Conservative (The Rats Just Can't Get Over The Fact That They Lost A Rigged Election!)
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To: L.A.Justice

Insider info. Yeah, the lottery is legit. /sarc


21 posted on 08/03/2020 4:42:43 AM PDT by LouAvul (Put them in fear, O Lord: that the nations may know themselves to be but men. Psalms 9:20)
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To: L.A.Justice
So the $5m prize is really only $2.1m after taxes.

Something wrong with that picture. Also, isn't the state double-dipping? The price of the ticket is essentially in itself a tax, albeit a voluntary one.

BTW, $2.1m is not as life-changing as you might think. Many people already have that amount in their 401(ks). Using the 4% rule, that's $84,000 a year in retirement. Not too shabby, especially if you have some other incomes to combine with it, but this is not exactly "country club rich." This guy is still going to need to watch his expenses and budget accordingly to make it last.

He would be wise to bank the money for now and find a very good financial advisor to help him invest it properly. He should set up a will and carefully spell out who the beneficiaries of his windfall will be should be. Also, he should change his cell number and address if possible to avoid all the people who are going to come out of the woodwork with their hands out.

22 posted on 08/03/2020 4:55:16 AM PDT by SamAdams76
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To: L.A.Justice

Lottery commissions publish game statistics for scratch off games. This is not a new strategy. When a game has more dollars in prizes remaining than tickets to sell, it becomes an opportunity.


23 posted on 08/03/2020 5:02:37 AM PDT by IamConservative (I was nervous like the third chimp in line for the Ark after the rain started.)
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To: L.A.Justice

I want to know how he made it to 40 stores in four hours. Must drive fast.


31 posted on 08/03/2020 6:38:34 AM PDT by HartleyMBaldwin
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To: L.A.Justice

He decided to take the lump sum of $3 million...$2.1 million after taxes...
I don’t know if I could drive around for 4 hours...Buying lottery tickets...

1 posted on 8/3/2020, 3:43:39 AM by L.A.Justice

For 40 minutes, and a $2,100,000 payoff? I’d do that once a day for month, and never drive anywhere again.


40 posted on 08/03/2020 8:38:05 PM PDT by ro_dreaming (Chesterton, 'Christianity has not been tried and found wanting. It's been found hard and not tried')
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