Someoneone won last night's Powerball jackpot grand prize
quote:
Originally posted by bendable: "Lump Sum" Net? Or gross?
Depends on jurisdiction, while we don't have lotto her in Nevada, I play the CA lotto when it gets this big, Surprisingly the one thing CA doesn't Tax is lotto winnings.
_____________________________________________ Proverbs 3:31 "Envy thou not the oppressor, and choose none of his ways."
December 23, 2025, 08:05 AM
bendable
Some think that it "gambling ", I say that with the odds ,as they are, There is no gambling ,skill or strategy involved. It's folly.
Allegedly, folly that helps Illinois education, somehow. ( Although I've yet to see actual proof.)
No different that recycling, people do it because it makes them feel good. People sold them on the feeling good, but No one can quote stats on what percentage went where or how much better the quality of life is.
Safety, Situational Awareness and proficiency.
Neck Ties, Hats and ammo brass, Never ,ever touch'em w/o asking first
December 23, 2025, 01:30 PM
P250UA5
quote:
Originally posted by FenderBender:
quote:
Originally posted by bendable: "Lump Sum" Net? Or gross?
Depends on jurisdiction, while we don't have lotto her in Nevada, I play the CA lotto when it gets this big, Surprisingly the one thing CA doesn't Tax is lotto winnings.
With the last few [IIRC] big winners being in CA, we bought a few tickets while we were in Irvine 2 weeks ago. Won $8 Probably mail them tickets to my wife's nephew. Can't claim them here.
THIS JUST IN, BREAKING NEWS Three friends and three siblings refuse to buy lottery tickets Because "You will take care of us when you win "
So that's how that goes.This message has been edited. Last edited by: bendable,
Safety, Situational Awareness and proficiency.
Neck Ties, Hats and ammo brass, Never ,ever touch'em w/o asking first
December 23, 2025, 06:58 PM
fischtown7
quote:
Originally posted by bendable: Some think that it "gambling ", I say that with the odds ,as they are, There is no gambling ,skill or strategy involved. It's folly.
Allegedly, folly that helps Illinois education, somehow. ( Although I've yet to see actual proof.)
No different that recycling, people do it because it makes them feel good. People sold them on the feeling good, but No one can quote stats on what percentage went where or how much better the quality of life is.
I have always called it a voluntary tax contribution, since some of it does go to the school system. I only buy a ticket or two when its over 1billion, what some people spend on tickets I have spent on stocks, guess who has done better.
December 23, 2025, 07:07 PM
architect
quote:
Originally posted by FenderBender: Surprisingly the one thing CA doesn't Tax is lotto winnings.
Hah! Except that they tax every $ that is used to buy tickets, not to mention every $ of the winnings that is spent on something!
December 23, 2025, 09:07 PM
FenderBender
quote:
Originally posted by architect:
quote:
Originally posted by FenderBender: Surprisingly the one thing CA doesn't Tax is lotto winnings.
Hah! Except that they tax every $ that is used to buy tickets, not to mention every $ of the winnings that is spent on something!
But I live and work in Nevada.
_____________________________________________ Proverbs 3:31 "Envy thou not the oppressor, and choose none of his ways."
December 25, 2025, 05:14 AM
AllenInAR
Well SIGforum, it wasn't me.
_______________________________
The artist formerly known as AllenInWV
December 25, 2025, 05:52 AM
pace40
Bought 1 ticket. Doubled my money with 1 number plus powerball. Paid for my 1/2 gal of milk.
____________ Pace
December 25, 2025, 08:01 AM
Johnny 3eagles
Somebody ratcheer in Arkansas hit biggly! Twernt me.
Any dog can be a Guide Dog if you don't care where you're going.
NRA ENDOWMENT LIFE MEMBER
December 25, 2025, 08:10 AM
bendable
You watch, it will be one of the Walton clan
Safety, Situational Awareness and proficiency.
Neck Ties, Hats and ammo brass, Never ,ever touch'em w/o asking first
December 26, 2025, 05:21 PM
Johnny 3eagles
Sold at the Murphy gas station close to our house. Bunch of TV cameras set up there this morning. Guess they interview the manager.
Any dog can be a Guide Dog if you don't care where you're going.
NRA ENDOWMENT LIFE MEMBER
December 26, 2025, 06:47 PM
2BobTanner
Since it was bought at a convenience store, and it’s known at which the time the ticket was sold, and maybe the security cam was on, it should be fairly easy to ID the purchaser.
--------------------- DJT-45/47 MAGA !!!!!
“Quidquid latine dictum sit, altum videtur.”
"Sometimes I wonder whether the world is being run by smart people who are putting us on, or by imbeciles who really mean it." — Mark Twain
“Democracy is the theory that the common people know what they want, and deserve to get it good and hard.” — H. L. Mencken
December 26, 2025, 07:38 PM
konata88
I rarely play, maybe once a year. I played this time. Didn't match a single number. Odds are very astronomically low but that being said, someone will win. I don't even need to win the top prize. The second or third level is enough for me to be happy. $2 for a dream.....
"Wrong does not cease to be wrong because the majority share in it." L.Tolstoy "A government is just a body of people, usually, notably, ungoverned." Shepherd Book
December 27, 2025, 12:50 AM
lechiffre
quote:
Originally posted by Rey HRH:
quote:
Originally posted by Biker_dude:
The odds of getting struck by lightening are 1 in 15,300. The odds of getting struck by lightening twice in a lifetime are 1 in 9 million.
That shows what long odds are, viz. a virtual impossibility.
The odds of winning powerball are 1 in 300 million.
In my finite math class at Cal State the teacher talked about the cali lottery. IIRC, the odds were 1 in 14 million. Again, virtually impossible. Yet, he confessed, he played every week. Ironic.
I don't know if this still holds true: there have been groups when the payoff reaches a certainty of profit against the odds, that they buy all the combinations.
At that point you are betting that nobody else hits the numbers, very big risk.
_______________________________ Do the interns get Glocks?
December 27, 2025, 08:11 AM
Rey HRH
quote:
Originally posted by lechiffre:
quote:
Originally posted by Rey HRH:
I don't know if this still holds true: there have been groups when the payoff reaches a certainty of profit against the odds, that they buy all the combinations.
At that point you are betting that nobody else hits the numbers, very big risk.
No, you don’t understand the math. It was accounting for all the other payoffs and including the odds of others hitting the jackpot. It was an arbitrage - recognizing a no-lose proposition. They even made a movie out of it. What was a factor was if another group was using the same tactic, it lowered the payout for both which was also captured in the movie.
"It did not really matter what we expected from life, but rather what life expected from us. We needed to stop asking about the meaning of life, and instead to think of ourselves as those who were being questioned by life – daily and hourly. Our answer must consist not in talk and meditation, but in right action and in right conduct. Life ultimately means taking the responsibility to find the right answer to its problems and to fulfill the tasks which it constantly sets for each individual." Viktor Frankl, Man's Search for Meaning, 1946.
December 27, 2025, 08:16 AM
BigCity
Hey, I won $4.00 in each of the last 3 drawings. I can retire happy now.
John
The key to enforcement is to punish the violator, not an inanimate object. The punishment of inanimate objects for the commission of a crime or carelessness is an affront to stupidity.
December 27, 2025, 10:53 AM
bendable
On planet Bendable, The most you could win in a lottery would be $30 million , net.
Every $30 mil. Increment would allow another number to be picked. A $120 mil. jackpot would allow four numbers (winners) possible .
Safety, Situational Awareness and proficiency.
Neck Ties, Hats and ammo brass, Never ,ever touch'em w/o asking first
December 27, 2025, 11:42 AM
LS1 GTO
quote:
Originally posted by 2BobTanner: Since it was bought at a convenience store, and it’s known at which the time the ticket was sold, and maybe the security cam was on, it should be fairly easy to ID the purchaser.
Another way to ruin the player’s life.
Any wagers someone [in the media] sues in an attempt to get the info… "cause the people have the right to know"?
Life moves pretty fast. If you don't stop and look around once in a while, you could miss it.
"If dogs don't go to Heaven, I want to go where they go" Will Rogers
The definition of the words we used, carry a meaning of their own...
December 27, 2025, 12:04 PM
Rey HRH
quote:
Originally posted by bendable: On planet Bendable, The most you could win in a lottery would be $30 million , net.
Every $30 mil. Increment would allow another number to be picked. A $120 mil. jackpot would allow four numbers (winners) possible .
Experience shows it's the big jackpots that draw in incremental players.
"It did not really matter what we expected from life, but rather what life expected from us. We needed to stop asking about the meaning of life, and instead to think of ourselves as those who were being questioned by life – daily and hourly. Our answer must consist not in talk and meditation, but in right action and in right conduct. Life ultimately means taking the responsibility to find the right answer to its problems and to fulfill the tasks which it constantly sets for each individual." Viktor Frankl, Man's Search for Meaning, 1946.
