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No Winner in Powerball Lottery, Jackpot Now Estimated $675 Million
ABC News ^ | 01-07-2016 | KELLY STEVENSON JULIA JACOBO

Posted on 01/07/2016 5:02:15 AM PST by NRx

The largest jackpot in U.S. history -- an estimated $675 million – will be up for grabs in Saturday night’s drawing after no one produced the magic combination of 47, 2, 63, 62, 11 and the Powerball of 17 to win Wednesday night’s $524 million jackpot.

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Culture/Society
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To: Michigander222

Found the info online. Thanks
I Won! Just enough to buy 2 tickets for the Saturday drawing.


41 posted on 01/07/2016 6:34:38 AM PST by Vinnie
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To: Tupelo
1) A money manager

2) A politician


Could you buy me a seat somewhere? I'd be happy to be a bought and paid for politician if my benefactor were a typical freeper.
42 posted on 01/07/2016 6:35:24 AM PST by Dr. Sivana (There is no salvation in politics)
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To: ThunderSleeps
I think my first decision would be not to make any decisions.

Yet, you've still made one decision.

43 posted on 01/07/2016 6:35:51 AM PST by Bloody Sam Roberts (Democracy is not freedom. Democracy is simply majoritarianism. It is incompatible with real freedom.)
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To: Dr. Sivana

JimRob could use a few bucks from the next FR-winner.


44 posted on 01/07/2016 6:36:31 AM PST by Cletus.D.Yokel (Catastophic Anthropogenic Climate Alterations: The acronym defines the science.)
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To: NRx
Sadly most states require the winners to be identified.

In the early 1990s, a winner of the Texas Lotto challenged his name being released. He won. The court sided with him, even though the state policy was that winners' names would be revealed.


45 posted on 01/07/2016 6:46:38 AM PST by TomGuy
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To: Tupelo

I would make my kids wealthy for life and then buy an uncharted island in the south pacific for my get-away place.


46 posted on 01/07/2016 6:48:00 AM PST by varina davis (WHOEVER TELLS IT LIKE IT IS FOR 2016)
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To: Hugin
If I win I'll buy one of those and put it on Lake of the Ozarks.

That is a local joke.

47 posted on 01/07/2016 6:49:14 AM PST by painter ( Isaiah: �Woe to those who call evil good and good evil,")
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To: NRx

I would buy lots of things that go bang. Of course, buying a Powerball ticket in Alabama is just a wee bit difficult.


48 posted on 01/07/2016 6:51:06 AM PST by yawningotter
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To: relictele

That is good to know.


49 posted on 01/07/2016 6:52:19 AM PST by painter ( Isaiah: �Woe to those who call evil good and good evil,")
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To: AppyPappy

Forget it then. I can’t live on that


50 posted on 01/07/2016 6:52:59 AM PST by Lorianne
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To: Tupelo

3. A moving trailer to leave the state you’re in.


51 posted on 01/07/2016 6:53:30 AM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: Bloody Sam Roberts

There actually were winners, they just didn’t win the big prize.


52 posted on 01/07/2016 6:55:17 AM PST by AppyPappy (If you really want to irritate someone, point out something obvious they are trying hard to ignore.)
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To: DCBryan1

Three percent is a safer bet, and still well worth your time and effort setting up such a program. Good luck. I don’t think I’ll be buying.


53 posted on 01/07/2016 6:57:45 AM PST by wita
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To: AppyPappy
Well, yeah. You're right.

So now, the exercise is to define the word "win". When I say 'lottery', who thinks of a $4 payout?

54 posted on 01/07/2016 6:59:11 AM PST by Bloody Sam Roberts (Democracy is not freedom. Democracy is simply majoritarianism. It is incompatible with real freedom.)
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To: NRx

My lottery corporation allows one to wear a disguise when being presented the cheque, after they have confirmed your win and identity.


55 posted on 01/07/2016 7:07:37 AM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: henkster

The occasional same might be said about the winner....


56 posted on 01/07/2016 7:25:19 AM PST by Jumper
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To: Tupelo

First, you wouldn’t get half a billion. That’s the annuity value, not the lump sum.

Lump is ~$420 mill, pre-tax. Depending on what state you live in, the amount AFTER taxes will be ~$230 million or less. Still, nothing to complain about, you just paid for Obama’s vacations, 2-3 times. . .


57 posted on 01/07/2016 7:25:20 AM PST by Salgak (Peace Through Superior Firepower. . . .)
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To: NRx
OK, so here's what will happen. I buy a ticket and win $675 million dollars. Next day, the supervolcano at Yellowstone mentioned in the thread above this one explodes, killing the entire country.

Sorry, but for the sake of us all, I just can't do it.

58 posted on 01/07/2016 7:57:38 AM PST by zeugma (Last time I was sober, man I felt bad. Worst hangover I've ever had.)
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To: NRx

Form non-public, LLC as a disregarded entity for tax purposes
Use state that does not tax lottery winnings
Transfer ticket to LLC at cost - $2
Hire attorney to redeem ticket on behalf of LLC to avoid publicity
Pay all taxes to Feds
Form Cook Islands Trust
Transfer LLC to Trust
Hire yourself as manager of LLC
Pay yourself as manager
If you choose to live offshore, take advantage of Foreign Earned a income Exclusion.
Establish 10 year non-habitual tax residency in Portugal
Do all with legal and tax advice

We can dream...


59 posted on 01/07/2016 8:20:27 AM PST by aMorePerfectUnion (As a representative of Earth, I officially welcome Global Warming to our planet)
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To: aMorePerfectUnion

Already for Saturday — $700 million — per ABC Radio News.

[It will be nearing $1 billion by Saturday evening.]


60 posted on 01/07/2016 9:00:07 AM PST by TomGuy
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