Powerball lottery jackpot increases to
$1 billion
New York Post,
by
Nicholas McEntyre
Original Article
Posted By: Imright,
10/30/2022 9:58:16 PM
Who wants to be a billionaire?
No winning tickets were drawn for the massive Powerball jackpot worth $825 million on Saturday night.
Saturday’s winning numbers were 19, 31, 40, 46, 57, and Powerball 23.
The pot for Monday’s drawing increased to an estimated historic mark of $1 billion and a cash value of $497.3 million.
It would be one of the largest Powerball jackpots in the history of the game, second only to the $1.586 billion drawing in 2016, which is also a record for the largest jackpot in the lottery.
Reply 1 - Posted by:
Strike3 10/30/2022 10:30:02 PM (No. 1319304)
The lottery is getting nuts. Only Joe Biden could spend money like that.
3 people like this.
Reply 2 - Posted by:
formerNYer 10/30/2022 10:32:36 PM (No. 1319307)
If you win this you need an exit plan, someplace where nobody knows you and a new phone numbers.
3 people like this.
Reply 3 - Posted by:
synchronicity 10/30/2022 10:33:33 PM (No. 1319310)
Curious whether posters here would wish to win this amount of money or not, and if they won what they would do with it. Personally I wouldn't wish to win this sizeable amount of money for a number of reasons - what say you?
4 people like this.
Reply 4 - Posted by:
TrueBlueWfan 10/30/2022 11:00:09 PM (No. 1319327)
I would LOVE to win this money! First of all, it is not really a billion. After all the taxes, it might be a little less than $400 million. Nothing to sneeze at, for sure. We would definitely need financial advice, but everyone in our immediate, and somewhat close family would benefit. Trusts for the kids & grandkids. Surely, we'd contribute greatly to our favorite charities, we'd pay off and fix up the house, and certainly buy or build something in a warmer climate for winter. Then, we might purchase some investment real estate. Apartment buildings might be a good investment right now. That barely scratches the surface of what that kind of money could do, but I really doubt anyone would turn it down!
3 people like this.
Reply 5 - Posted by:
Nashman 10/30/2022 11:11:48 PM (No. 1319333)
#3. I’d build a school. Hire non-woke teachers. Teach Reading, writing, math, and usable skills. For starters.
6 people like this.
Reply 6 - Posted by:
Flyball Dogs 10/30/2022 11:59:15 PM (No. 1319395)
I’d give away all but 10% — mostly to missionaries.
First thing I would is buy a plane.
3 people like this.
Reply 7 - Posted by:
DVC 10/31/2022 1:05:32 AM (No. 1319427)
Well, heck. I'll probably go buy a few tickets.
As Lazarus Long said, "Sure the game is rigged, but you can't win if you don't play."
1 person likes this.
Reply 8 - Posted by:
ladydawgfan 10/31/2022 3:15:05 AM (No. 1319480)
I would love to win it because it means security in these insecure times we live in. I would likely keep it under my hat for a while, even with my family members until I could get a financial plan and some legalities in place. Even then, I wouldn't be completely honest about the amount I had actually won. Let it be a surprise to those to whom I leave it in will.
As for the immediate future, I would take the director of my local food bank to Costco and give them Carte Blanche to fill the shelves. I would do this twice a year, mid summer and around the holidays, and I would arrange for it to continue after my death. Anyone who has had to wonder where their next meal was coming from as I have in the past knows to pass it forward when you are able.
For myself, I would pay my bills, secure my housing, and maybe travel a bit until I was more used to having such an amount in my bank accounts. Suddenly spending obscene amounts on foolishness makes you a target for thieves and conmen.
1 person likes this.
Reply 9 - Posted by:
mifla 10/31/2022 6:36:42 AM (No. 1319554)
I would go to the grocery store and buy a couple of steaks. If there was any money left over, perhaps something for dessert.
3 people like this.
Reply 10 - Posted by:
Strike3 10/31/2022 6:57:05 AM (No. 1319579)
The responders here show intelligence and common sense. Unlike that idiot in West Virginia, Jack Whittaker, who won $314 million in 2002, dropped much of it in strip bars and generally crowed about it everywhere he went and got rolled several times. Then there was the guy in northwestern Pennsylvania who made a verbal remark to his landlady about splitting winnings, lost half of it in a lawsuit and got into a shotgun dispute with his brother. I think they force winners to disclose their name and the amount won so careful planning and an exit route is wise.
1 person likes this.
Reply 11 - Posted by:
Twinkle93 10/31/2022 10:37:11 AM (No. 1319854)
1. There are a number of states that will not release your name(s) if you request. West Virginia and Maryland are two of them.
2. It is B.S. to advertise that "you would become a billionaire." Powerball is run by of states, government. The feds take more that 40% and most states also tax income.
3. If you take the cash option, after taxes, you will take home less than $300 million. The exact depending upon state and local taxes. But, it still is not a bad piece of change. However, not the amount as adverised.
2 people like this.
I would continue to practice Architecture until all the money is gone.
(Old joke)
2 people like this.
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