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DetroitLegalBeagle

(2,449 posts)

11. You only get the full jackpot if you take the annuity

Reply to brush (Reply #9)

Tue Nov 8, 2022, 03:04 PM

Nov 2022

Otherwise you lose half if you do the lump sum.

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One ticket sold in California is the winner of 2.09 billion dollars Powerball! [View all] imanamerican63 Nov 2022 OP

Well that sucks. BlueTsunami2018 Nov 2022 #1

Not for the winner and family... WarGamer Nov 2022 #2

or the place that sold the ticket lapfog_1 Nov 2022 #3

Wonder how much Rebl2 Nov 2022 #36

He wins $1 million. He is a Syrian immigrant who came here in the 80s IcyPeas Nov 2022 #42

Ferrari? I'd take a Lucid Air and a Rivian! Initech Nov 2022 #4

yeah nice... WarGamer Nov 2022 #7

Certainly true! Initech Nov 2022 #12

I'm too old for the Pagani, lol... the Bugatti supposedly is like driving a really fast Lexus. WarGamer Nov 2022 #15

I can't see spending that kind of money on a car and way to conspicuious sdfernando Nov 2022 #18

I would definitely travel and see the world as much as possible! Initech Nov 2022 #20

Yes and no.. One thing for sure that persons life is gonna change big time.. Lets hope it's not mitch96 Nov 2022 #24

10.33.41.47.56 - PB 10 The Winning Numbers....nt global1 Nov 2022 #5

So how much would be the lump sum pay out? brush Nov 2022 #6

After taxes, 600M-ish in California (no State tax) WarGamer Nov 2022 #8

That sounds low. Hadn't the jackpot reached 2 billion? brush Nov 2022 #9

You only get the full jackpot if you take the annuity DetroitLegalBeagle Nov 2022 #11

I get that, but 600m lump sum payout for a 2.09B jackpot still seems low. brush Nov 2022 #21

Yea I agree DetroitLegalBeagle Nov 2022 #22

In New York state IbogaProject Nov 2022 #25

Does the Rebl2 Nov 2022 #37

I think it varies by state DetroitLegalBeagle Nov 2022 #39

No state tax on California Lottery games only - there is state tax on multi-state games haele Nov 2022 #26

Local tv in Socal says 997 million. nt miyazaki Nov 2022 #38

The lottery, " An excize tax on the stupid". I got absolutely noting on my tickets. CentralMass Nov 2022 #10

Whatever you paid... was the price for the dream. WarGamer Nov 2022 #16

This is true and so worth the price. CentralMass Nov 2022 #35

Do they have to reveal themselves? Some states will protect Emile Nov 2022 #13

They do in California The Grand Illuminist Nov 2022 #14

Really messed up. WarGamer Nov 2022 #17

Yep..people will be coming out of the woodwork.. Deuxcents Nov 2022 #27

This will help. The Grand Illuminist Nov 2022 #33

They have a year to reveal themselves. Most reveal within a few months per Lottery representative IcyPeas Nov 2022 #43

Oh man... jmowreader Nov 2022 #19

This is a family newdayneeded Nov 2022 #23

That's the thing about PowerBall, MegaMillions, etc. 1 person wins all of it, while the rest of SWBTATTReg Nov 2022 #28

Um, no brooklynite Nov 2022 #29

That's your personal opinion. Mine is spread the possibilities around so more may win. NT SWBTATTReg Nov 2022 #30

Lol, what? Redistribution of...lotto winnings? Tarc Nov 2022 #41

Don't misquote me on this, I am saying make multiple jackpots instead of one big jackpot. Simple SWBTATTReg Nov 2022 #45

It is exactly what you said, bud Tarc Nov 2022 #46

No it isn't. And by the way, everyone on DU is entitled to our own opinions. If you don't like it, SWBTATTReg Nov 2022 #48

I'VE BEEN ROBBED!!! NewDayOranges Nov 2022 #31

I am to powrball what Philly "hitters" were to Houston last few games. GreenWave Nov 2022 #32

I bought us two tickets. Mine won. Sorry about yours. keithbvadu2 Nov 2022 #34

Holy shit! I have a friend who lives in Altadena! Stinky The Clown Nov 2022 #40

Wouldn't it be horrific if the winner was a MAGA Trumper IcyPeas Nov 2022 #44

One could buy the 2024 Election Kennah Nov 2022 #47