General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOne ticket sold in California is the winner of 2.09 billion dollars Powerball!
Altadena, California is were it was sold.
BlueTsunami2018
(4,711 posts)WarGamer
(18,055 posts)Or for the IRS or the Ferrari dealership or the local Century 21 office.
lapfog_1
(31,354 posts)but it sucks for me
Rebl2
(17,132 posts)the place that sold the ticket gets. Anyone know.
IcyPeas
(24,507 posts)He was interviewed on the local news here.
Initech
(106,701 posts)$250K for a Lucid Air Sapphire and $95k for the R1...
WarGamer
(18,055 posts)To me, a Ferrari in 2022 is like a Swiss watch vs an Apple Watch.
The Apple Watch does everything better but the Ferrari is an engineering masterpiece and comes awfully close to bringing human emotion and passion to an inanimate object.
Initech
(106,701 posts)A Pagani Huayra or Bugatti Veyron would be seriously tempting with $2 billion, though!
WarGamer
(18,055 posts)The Huayra is supposedly pretty rough... wicked fast though!
sdfernando
(5,951 posts)I'd definetly live comfortably and nicely....travel a lot. Set up a couple of trusts to benefit the community band I play in, the local LGBTQ Center, fund a musical scholarship for LGBTQ high shool grads, and finally a trust to fund college for all of my families children (I have no children myself but have a ton of nieces/nephews and greats as well)
Initech
(106,701 posts)Oh man to fly in one of those airlines that has your own private suite would be amazing!
mitch96
(15,542 posts)musk...
m
global1
(26,274 posts)brush
(61,033 posts)About a billion three?
WarGamer
(18,055 posts)brush
(61,033 posts)DetroitLegalBeagle
(2,446 posts)Otherwise you lose half if you do the lump sum.
brush
(61,033 posts)DetroitLegalBeagle
(2,446 posts)Taxes take a big chunk of it. 24% goes to the Feds right off the bat. Then more when you file your taxes at the end of the year since you will be in the top bracket.
IbogaProject
(5,265 posts)The cash post tax conversion of the Jackpot is about .42, So 800 some. The actual cash value before taxes was just under one billion. Gambling is a fixed rate federally, and the make income in the state, a few states might exempt their lottery winnings. A few states also allow collecting anonymously after a court case due to the danger of having name, photo and home town listed and a couple of incidents of violence by unknown parties using that information.
Rebl2
(17,132 posts)annuity end upon your death? Are others allowed to be included on the annuity. I am guessing yes, but not sure.
DetroitLegalBeagle
(2,446 posts)But most let you pass it on after your death as far as I know.
haele
(14,793 posts)A friend got four Powerball numbers plus the bonus, and ended up having to pay CA taxes on his $30k + win as well as the Federal taxes. He ended up with around $15k after taxes.
I won a CA Fantasy Five lottery for $28k a decade and a half ago and only ended paying $7k in Federal taxes. Pre-ACA; most of it went to paying off outstanding medical bills that year.
Haele
miyazaki
(2,560 posts)CentralMass
(16,631 posts)WarGamer
(18,055 posts)CentralMass
(16,631 posts)Emile
(38,629 posts)your privacy and some don't!
The Grand Illuminist
(1,938 posts)WarGamer
(18,055 posts)They'll be hiding all their life
Deuxcents
(24,520 posts)Remember me? Im your 3rd removed cousin. I helped you in high school..gonna have to get a good tax lawyer, estate lawyer, security...theyd be smart to not go public.
The Grand Illuminist
(1,938 posts)IcyPeas
(24,507 posts)who was interviewed on the local news here.
jmowreader
(52,734 posts)I had plans for that, and none of them involve Ferraris.
My intent was to get together about a dozen of you folks who know how to run businesses, build a conglomerate, sink about two-thirds of that stash into buying land, building facilities and buying equipment, and put a bunch of people to work.
You of course know what would happen if I DID win the jackpot: every lunatic church in the area would be at my door with their hands out.
newdayneeded
(2,493 posts)that can escape the repubs in this country
SWBTATTReg
(25,807 posts)us get squat. I don't like this where 1 person/1 small group wins such a huge amount and the rest of us get zippo. We get nothing basically. Thus, this is one big reason why I don't play very often. I wish that they would break up such huge huge amounts into chunks, such as turning this giant jackpot into perhaps 100 $10,000,000 jackpots or the like, spread the money around.
brooklynite
(96,882 posts)One person wins it if only one person selects the right. Umbers. Perfectly possible to have multiple winners.
SWBTATTReg
(25,807 posts)Tarc
(10,595 posts)Which chapter of das Kapital is that from ?
SWBTATTReg
(25,807 posts)as that and not this das Kapital you are quoting and misattributing to me.
Tarc
(10,595 posts)"What's yours is mine and what's mine is mine."
SWBTATTReg
(25,807 posts)fine. Quit misquoting me.
NewDayOranges
(746 posts)GreenWave
(11,848 posts)I played 2 games. 0 for 12.
keithbvadu2
(40,915 posts)Stinky The Clown
(68,827 posts)Wait . . . . did I say "friend"?
I meant brother. Yeah, that's the ticket. Brother.
Twin brother.
(I really do have a friend there.)