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Old 03-30-2012, 12:54 PM   #26251
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Re: SE FAQ, Liveblog and Forum Discussion

Colbert did a lottery bit yesterday that killed
http://www.colbertnation.com/full-ep...-peter-beinart
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Old 03-30-2012, 12:58 PM   #26252
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Re: SE FAQ, Liveblog and Forum Discussion

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Originally Posted by SchererBoy View Post
The local news (Bflo NY, might be diff in diff states) said a person would get $200mm (when it was $500mm) or about 40% after taxes.

I also saw this show called 'lottery changed my life' and people who were taking lump sums were getting a lot less than 50% after taxes. (none of the winners were anywhere near this amount. mostly like 10mm or less, though)
the lump sum discount used to be a lot larger so you got a lower percentage. market rates have changed so its a higher percentage of the total now than its ever been.
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Old 03-30-2012, 01:04 PM   #26253
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Re: SE FAQ, Liveblog and Forum Discussion

That's interesting. Do you know the difference (% wise) between the lump sum, and taking payments over 40 years?
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Old 03-30-2012, 01:11 PM   #26254
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Re: SE FAQ, Liveblog and Forum Discussion

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That's interesting. Do you know the difference (% wise) between the lump sum, and taking payments over 40 years?
well, if you can get them to pay you over 40 years instead of the 26 payments they actually offer then that would be enticing since you get 14 extra payments. cash option is 71.8% ($359 million with the $500 million advertised payout which has now been raised to $640). That is $275 million at the new payout level with a 40% effective tax rate which seems like a decent estimate for what youre rate would be.

On an additional note, it is probably the only time you will have the opportunity to go to vegas and play on an even footing with the casino. lottery winnings are considered gambling winnings so you could deuct losses from winnings for tax purposes so youre only risking $.60 for every dollar.
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Old 03-30-2012, 01:16 PM   #26255
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Re: SE FAQ, Liveblog and Forum Discussion

if i won 640 mil i'd buy a minor league baseball team and force them to play their games in barney costumes for my amusement
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Old 03-30-2012, 01:27 PM   #26256
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Re: SE FAQ, Liveblog and Forum Discussion

i think i read somewhere if one person won the jackpot and took a lump sum it would be 359 mil
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Old 03-30-2012, 01:32 PM   #26257
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Re: SE FAQ, Liveblog and Forum Discussion

Today is an amazing people watching day. It's like utter desperation for every person that walks into QuikChek and has 5 dollars in their hand.
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Old 03-30-2012, 01:39 PM   #26258
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Re: SE FAQ, Liveblog and Forum Discussion

gave a homeless person outside a liquor store next to the gym a $1 ticket. wrote down the numbers to sweat it
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Old 03-30-2012, 01:40 PM   #26259
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Re: SE FAQ, Liveblog and Forum Discussion

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gave a homeless person outside a liquor store next to the gym a $1 ticket. wrote down the numbers to sweat it
what are the numbers? we need to sweat this too (and send the police to your house if they hit bc you might suicide). I gave a homeless guy a dollar when I bought my ticket for karma.
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Old 03-30-2012, 01:41 PM   #26260
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Re: SE FAQ, Liveblog and Forum Discussion

My favorite so far is the people at the grocery store using food stamps then dropping 100 on the lotto
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Old 03-30-2012, 01:42 PM   #26261
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Re: SE FAQ, Liveblog and Forum Discussion

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what are the numbers? we need to sweat this too (and send the police to your house if they hit bc you might suicide). I gave a homeless guy a dollar when I bought my ticket for karma.
lol

2 27 31 32 48 mega: 22

i'm probably just gonna waste half an hour driving around town and taking pics of the lines
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Old 03-30-2012, 01:43 PM   #26262
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Re: SE FAQ, Liveblog and Forum Discussion

Lol winning would kill that homeless man
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Old 03-30-2012, 01:45 PM   #26263
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Re: SE FAQ, Liveblog and Forum Discussion

The lines are the most incredible part of the jackpot
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Old 03-30-2012, 01:47 PM   #26264
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Re: SE FAQ, Liveblog and Forum Discussion

I have never seen a line for the lotto, I don't understand it. Every time I've bought tickets, you just step right up, hand over your dollar and move on, regardless of whether it's in the city, suburbs, whatever
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Old 03-30-2012, 01:51 PM   #26265
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Re: SE FAQ, Liveblog and Forum Discussion

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I have never seen a line for the lotto, I don't understand it. Every time I've bought tickets, you just step right up, hand over your dollar and move on, regardless of whether it's in the city, suburbs, whatever
at the liquor store (at ****ing 8 am, mind u) there were at least 10 people in front of me to buy tix. some were buying booze, some were cashing checks, some were cashing checks to buy lotto tickets

i dunno, when you make ~300 or so from 2 weeks of working at mcdonalds and elect to spend 1/3 of that on lotto tickets, it's a safe bet your life is hopeless
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Old 03-30-2012, 01:54 PM   #26266
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Re: SE FAQ, Liveblog and Forum Discussion

state by state mega millions payouts

http://www.usamega.com/mega-millions-jackpot.asp
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Old 03-30-2012, 01:54 PM   #26267
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Re: SE FAQ, Liveblog and Forum Discussion

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Originally Posted by ItsRainingMen View Post
at the liquor store (at ****ing 8 am, mind u) there were at least 10 people in front of me to buy tix. some were buying booze, some were cashing checks, some were cashing checks to buy lotto tickets

i dunno, when you make ~300 or so from 2 weeks of working at mcdonalds and elect to spend 1/3 of that on lotto tickets, it's a safe bet your life is hopeless
Haha...today is a great day.
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Old 03-30-2012, 01:55 PM   #26268
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Re: SE FAQ, Liveblog and Forum Discussion

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state by state mega millions payouts

http://www.usamega.com/mega-millions-jackpot.asp
Wow, screw NJ.
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Old 03-30-2012, 01:58 PM   #26269
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Re: SE FAQ, Liveblog and Forum Discussion

what's going to tilt me to ****ing hell is it's gonna be an 80 year old hermit in some ****hole city in the middle of ****ing nowhere with no kids who ends up winning. he'll probably leave the whole thing untouched in his will to the westboro baptist church, scientology, or some other stupid cult ****. i ****ing hate old people
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Old 03-30-2012, 01:58 PM   #26270
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Re: SE FAQ, Liveblog and Forum Discussion

I was in line yesterday at a gas station at like 715 pm and there were 6 people in front of me and all had tickets and two or three were getting a coke or beer or something in addition to the ticket. at least half looked like they had never bought a ticket before in their life including myself.

I am really strongly rooting for no one to win this one or the next few and then mass hysteria and claims of riggage to emerge when it his like $2B and all the poor people are out of money and cant afford even a single ticket bc they burnt it the past few weeks.
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Old 03-30-2012, 01:58 PM   #26271
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Re: SE FAQ, Liveblog and Forum Discussion

no matter who wins, the government wins!
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Old 03-30-2012, 01:59 PM   #26272
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Re: SE FAQ, Liveblog and Forum Discussion

Quote:
Originally Posted by CalledDownLight View Post
I was in line yesterday at a gas station at like 715 pm and there were 6 people in front of me and all had tickets and two or three were getting a coke or beer or something in addition to the ticket. at least half looked like they had never bought a ticket before in their life including myself.

I am really strongly rooting for no one to win this one or the next few and then mass hysteria and claims of riggage to emerge when it his like $2B and all the poor people are out of money and cant afford even a single ticket bc they burnt it the past few weeks.
a $1 billion lotto jackpot would be the absolute definition of mass hysteria
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Old 03-30-2012, 02:02 PM   #26273
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Re: SE FAQ, Liveblog and Forum Discussion

Quote:
Originally Posted by CalledDownLight View Post
I was in line yesterday at a gas station at like 715 pm and there were 6 people in front of me and all had tickets and two or three were getting a coke or beer or something in addition to the ticket. at least half looked like they had never bought a ticket before in their life including myself.

I am really strongly rooting for no one to win this one or the next few and then mass hysteria and claims of riggage to emerge when it his like $2B and all the poor people are out of money and cant afford even a single ticket bc they burnt it the past few weeks.
Yeah, this would be pretty damn amazing.
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Old 03-30-2012, 02:03 PM   #26274
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Re: SE FAQ, Liveblog and Forum Discussion

in canadia the lotteries don't get this high. is this the equivalent of the 649
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Old 03-30-2012, 02:04 PM   #26275
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Re: SE FAQ, Liveblog and Forum Discussion

Quote:
Originally Posted by CalledDownLight View Post
I was in line yesterday at a gas station at like 715 pm and there were 6 people in front of me and all had tickets and two or three were getting a coke or beer or something in addition to the ticket. at least half looked like they had never bought a ticket before in their life including myself.
this is gonna be me. buy something i dont need so it doesnt look like i came for the lottery
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