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GreenWave

(12,516 posts)

8. If you do win...

Sun Nov 6, 2022, 07:42 AM

Nov 2022

expect the lotto to steal back about 1/3 and then come los federales looking for their 1/3. That is from your lump sum, not the jackpot.
Neither one of the above thieves gave you so much as a number either.
And when you lose, they are nowhere to be found. You cannot claim losses. They only claim your epic victories. When you win a dollar you are not worth their trouble. If they took 2/3 of that dollar after your lump sum of 33 cents, you can walk proudly away with 11 cents in change!

To get rich off the lotto: Own the lotto, don't play the lotto.

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Highlight:

Powerball jackpot grows to record $1.9 billion as no tickets matched all winning numbers Saturday [View all] Omaha Steve Nov 2022 OP

Wow. I lost again! jimfields33 Nov 2022 #1

You didn't lose, you just haven't won yet. Lochloosa Nov 2022 #3

You are so positive. I love it. jimfields33 Nov 2022 #4

I like that positive attitude! CottonBear Nov 2022 #5

+1 FailureToCommunicate Nov 2022 #6

'Don't know if it was my "little voice" or the inertia of laziness (likely) but I didn't participate hlthe2b Nov 2022 #2

I have sadly discovered an online app to buy tickets Thunderbeast Nov 2022 #39

I might have to buy a ticket for that. SergeStorms Nov 2022 #7

If you do win... GreenWave Nov 2022 #8

Any lump sum from almost $2 Billion is MORE.... ProudMNDemocrat Nov 2022 #10

I don't expect to win Marthe48 Nov 2022 #11

I'll give it a shot... EarthFirst Nov 2022 #18

"The lottery is a tax for people who can't do math." CrispyQ Nov 2022 #23

I've heard it call a stupidity tax. robbob Nov 2022 #34

I bought one ticket a game. CrispyQ Nov 2022 #36

Yeah, my bil who struggles with addictions robbob Nov 2022 #37

Oregon is a high income tax state. Thunderbeast Nov 2022 #40

I think that'd be a little less in Multnomah County MissB Nov 2022 #42

The Federal Government are "thieves"? brooklynite Nov 2022 #47

Wait... What's wrong-o about paying taxes? ... electric_blue68 Nov 2022 #48

The lottery doesn't steal any money from you ripcord Nov 2022 #56

Imagine what we could all do with several million dollars after taxes! Lonestarblue Nov 2022 #9

I have siblings who wrote me off, a sister. ProudMNDemocrat Nov 2022 #14

With that much money Marthe48 Nov 2022 #15

That's what I don't get about the billionaires of the world TexasBushwhacker Nov 2022 #28

True, it's not they'd even be living an Upper Middle Class life! electric_blue68 Nov 2022 #49

I WON! I WON! James48 Nov 2022 #12

Well, I got... 2naSalit Nov 2022 #13

Wow, that's worth another two bucks for a dream! Emile Nov 2022 #16

I am going to win again tonight. I don't waste my money on the lottery. doc03 Nov 2022 #17

Finally!!!! Karma13612 Nov 2022 #50

I think the majority of us would rather have doc03 Nov 2022 #53

But, oddly enuf, when Karma13612 Nov 2022 #54

If the odds are 292.2 million, it means you can buy every possible number for 292.2 million Xipe Totec Nov 2022 #19

Unless by bad luck several win! GreenWave Nov 2022 #20

Several years ago we had a lotto in Colorado that had reached about $15 million. CrispyQ Nov 2022 #29

Double that actually as tickets are $2 apiece LonePirate Nov 2022 #21

I was wondering about that. robbob Nov 2022 #35

These hyper-inflated jackpots seem to occur more and more frequently. Mr. Evil Nov 2022 #22

Agree! eom Karma13612 Nov 2022 #51

Winner Of $1.28 Billion Lottery Gets $433.7 Million After Tax CousinIT Nov 2022 #24

So the jackpot would have to be at like 3 billion to actually get 1 billion? ColinC Nov 2022 #26

Sure but you still get to say Marthe48 Nov 2022 #30

I'll wait till it's at 3 billion. ColinC Nov 2022 #32

Can somebody tell me what the lump sum of that would be? ColinC Nov 2022 #25

When the jackpot was several hundred million, my sister and some coworkers had me buy 50 tickets for keithbvadu2 Nov 2022 #27

I make my donation. hamsterjill Nov 2022 #31

OK I just spent my annual allowance on two picks. GreenWave Nov 2022 #33

No worries!!! hamsterjill Nov 2022 #38

They deliberately LOWERED the odds of winning in order to generate these huge jackpots. Thunderbeast Nov 2022 #41

But then, since Covid Marthe48 Nov 2022 #44

Wish they could tally votes cast as fast as they check for winners Marthe48 Nov 2022 #43

We only play when the jackpot is over 1 billion. honest.abe Nov 2022 #45

Same here Tom Rinaldo Nov 2022 #52

I'm buying power bill ticket tomorrow, Uncle Joe Nov 2022 #46

I had to make another trip into town, but I'm fired up Emile Nov 2022 #55

In a rare text with my stupid older sister today tonekat Nov 2022 #57

Powerball drawing delayed for security reasons. Emile Nov 2022 #58