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winning big time

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ImL
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Joined: Jun 25, 2004
Location: New Zealand
Posts: 1885

Posted: Sat Nov 04, 2006 7:15 am Reply with quote

next weeks lotto has ten 2006 mustang GTs up for grabs along with the millions and I seriously want one...or rather need one.

Has anybody won big dollars in a major lotto or know of someone who has and how has it changed them, for good or bad? Cos hearing about winners is always cool Laughing
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gunner
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Joined: Jan 30, 2004
Location: Planet Earth
Posts: 709

Posted: Sat Nov 04, 2006 8:03 pm Reply with quote

I dont know them personally but, a few years back a local couple won 65 million,
they recieved about 38 million after taxes as a lump sum....they were on the news 3 years later cryin because they were broke...........broke???? 38 million dollars???
thats what i was screamin at the tv when they broke that story....lol
anyway,,,,if anyone wins.....be smart and hire a financial guru...an acoountant or something....jeez....1 million in the bank yeilds a hundred grand a year....
if ya win....because i was the first to respond..I want a black mustang...convertible
thanks.....lol....ill even come out and drive it back...heheee
jusss kiddinnn
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Guitarman152
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Joined: Aug 03, 2005
Location: Hamden, Ct. . . .USA
Posts: 719

Posted: Sun Nov 05, 2006 9:22 pm Reply with quote

good luck on that IML......

I hit 4 numbers straight in sept of 2004 1 week after I lost my job...
....it paid over $2600.00...after taxes I got about $1700.00....it was quite a rush when I checked the numbers and saw that I had all 4 .....
Tammy hit 4 out of 5 numbers in the cash 5 drawing a couple of months ago and we thought it would be thousands, but it was only $300.00,
one more number and it would've been $100,000.00....

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ImL
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Joined: Jun 25, 2004
Location: New Zealand
Posts: 1885

Posted: Sun Feb 18, 2007 4:34 am Reply with quote

We don't have to pay tax on lottery winnings over here. It's taxed only on the interest earned.

65mill down to 38 is a chunk
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Bumhok
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Joined: Mar 22, 2006
Location: www.xvig.co.uk
Posts: 87

Posted: Tue Feb 20, 2007 8:08 am Reply with quote

Paying tax on lottery wins sucks ... have a revolution!!! only ever got 3 numbers on our lottery pays out a measley £10 I stopped doing it after three years with no more wins
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gunner
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Posted: Tue Feb 20, 2007 10:20 am Reply with quote

The most ive ever won was $100.00 (US) on a scratch off,,,,but a few years back when i lived in Florida, i bought a lottery ticket, the lottery was up to $150 million (US) and my ticket had every number one above what the original numbers were....what a kick in the pants that was.....lol
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