$0.340 Billion....
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Joined: May 2003
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From: KC,MO
that includes taxes 
you can opt out for 340million and recieve a lump sum each year..... or opt out for cash value which is all taxes taken from it
edit: nevermind...... i thought it did but my sister has proven me wrong once again, that bitch
you can opt out for 340million and recieve a lump sum each year..... or opt out for cash value which is all taxes taken from itedit: nevermind...... i thought it did but my sister has proven me wrong once again, that bitch
Last edited by SuperCab V8; Oct 17, 2005 at 08:19 PM.
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Joined: Dec 2004
Posts: 891
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From: Lost some where in the middle of the Ozark Mountains!
The higher the jackpot the higher the odds. So I ussually don't play but especially after 10 million. The high is wondering what you would do but I pretty well know what I would do.
If I won I would take the 1/2 cash option. I would make anynomous donatations to a few charities for tax benefits the following year where they hit you again. I would stick a certain amount not imediatly needed in investments to protect from taxes til I could find something to do with it. I have several business ventures that I think would be fun, so after a year vacation and buying a few conservative toys, then I would get those started. I would not get another vacation for a few years. I would probably pull the previously mentioned investments to help fincance the intense marketing campaigns for the first two years of those ventures. After 3 years then I would either end up richer than my wildest dreams and having a blast making the money. Or they would all flop and I would end up flat broke. Either way I would have fun getting there.
If I won I would take the 1/2 cash option. I would make anynomous donatations to a few charities for tax benefits the following year where they hit you again. I would stick a certain amount not imediatly needed in investments to protect from taxes til I could find something to do with it. I have several business ventures that I think would be fun, so after a year vacation and buying a few conservative toys, then I would get those started. I would not get another vacation for a few years. I would probably pull the previously mentioned investments to help fincance the intense marketing campaigns for the first two years of those ventures. After 3 years then I would either end up richer than my wildest dreams and having a blast making the money. Or they would all flop and I would end up flat broke. Either way I would have fun getting there.
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Joined: Aug 2003
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From: Susquehanna Valley, pa.
Originally Posted by SuperCab V8
that includes taxes you can opt out for 340million and recieve a lump sum each year..... or opt out for cash value which is all taxes taken from it
edit: nevermind...... i thought it did but my sister has proven me wrong once again, that bitch
you can opt out for 340million and recieve a lump sum each year..... or opt out for cash value which is all taxes taken from itedit: nevermind...... i thought it did but my sister has proven me wrong once again, that bitch
Lottery winnings of $600.01 and over are subject to Federal Withholding tax. For winnings of $600.01, up to and including $5,000, you will be issued a W-2G form to report your winnings on your federal income tax form.
For winnings of $5,000.01 and over, the Pennsylvania Department of Revenue deducts the appropriate percent for federal withholding, as required by law, before you receive your winnings check (or, if it is an annuity, from each winnings check). You will then receive your check along with a W2-G form to submit with your 1040 form at the end of the tax year
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Joined: Feb 2004
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From: Somewhere near the back of beyond
Originally Posted by wstahlm80
What would you do with the money if you got a cut?
Seriously, I'd pay off my house and all the other bills. Give some to my kids and put some in trust for the grandkids. Then I'd spend the rest on all sorts of frivolous things!!
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Joined: Dec 2003
Posts: 3,138
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From: Ky/Va Mountains
A big a$$ house then these toys....
2006 Mercedes SL65 Amg Roadster
Obsidian white/black leather
2006 Bentley Continental Flying Spur
Glacier White
Main hide Laurel
Birds Eye Maple Veneer
4 seat option
2006 Range Rover supercharged
Chawton white
Charcoal seats/jet piping
2006 Ford F250 King Ranch 4 door Fx4
Diesel
Oxford White
Castano leather
2006 Ford Econoline Van
Explorer conversion package
Oxford white/grey leather
1967 Mustang Shelby
Unique Performance
Supersnake 725hp
Pepper grey with black stripes and black leather
1958 Plymouth Fury
Christine clone
Torador red/white top
350 golden commando
1978 TransAm
Black/Gold
6.6 ws6
1970 Plymouth Road Runner
440 4 speed
That should do it.
Maybe a house in florida and another in colorado.
2006 Mercedes SL65 Amg Roadster
Obsidian white/black leather
2006 Bentley Continental Flying Spur
Glacier White
Main hide Laurel
Birds Eye Maple Veneer
4 seat option
2006 Range Rover supercharged
Chawton white
Charcoal seats/jet piping
2006 Ford F250 King Ranch 4 door Fx4
Diesel
Oxford White
Castano leather
2006 Ford Econoline Van
Explorer conversion package
Oxford white/grey leather
1967 Mustang Shelby
Unique Performance
Supersnake 725hp
Pepper grey with black stripes and black leather
1958 Plymouth Fury
Christine clone
Torador red/white top
350 golden commando
1978 TransAm
Black/Gold
6.6 ws6
1970 Plymouth Road Runner
440 4 speed
That should do it.
Maybe a house in florida and another in colorado.
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Joined: May 2003
Posts: 374
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From: KC,MO
i would keep about 20million for myself, Get a nice house, Few cool toys(Not a HUGE amount, maybe just Another F150, mustang cobra, new dirt bike and seadoo) The rest i would use for Charity's...... also i would build a 15million dollar complex for women whos husbands beat them..... Some place thats more like a hotel and is very comfortable and home-like so they feel at ease, growing up someplace like that would have been wonderful for us
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Joined: Dec 2003
Posts: 3,138
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From: Ky/Va Mountains
Originally Posted by kobiashi
Damn 04 Red . . .
not too specific there . . . you might want to plan it out a bit more.
not too specific there . . . you might want to plan it out a bit more.
I did spend some serious time on the bentley site looking at all the leather color options.
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Joined: Apr 2004
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From: Motor City
Why the hell would you want a flying spur when this is coming out:
It's in this months C&D. 1.2 Million, 253mph, 1001HP, AWD monster. Meet the new fastest production car on the planet. Giddy yup!
It's in this months C&D. 1.2 Million, 253mph, 1001HP, AWD monster. Meet the new fastest production car on the planet. Giddy yup!
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Joined: Jul 2005
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From: Mormon-ville
Originally Posted by dzervit
Why the hell would you want a flying spur when this is coming out:
It's in this months C&D. 1.2 Million, 253mph, 1001HP, AWD monster. Meet the new fastest production car on the planet. Giddy yup!
It's in this months C&D. 1.2 Million, 253mph, 1001HP, AWD monster. Meet the new fastest production car on the planet. Giddy yup!
what is it?
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Joined: Dec 2003
Posts: 3,138
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From: Ky/Va Mountains
Originally Posted by dzervit
Why the hell would you want a flying spur when this is coming out:
It's in this months C&D. 1.2 Million, 253mph, 1001HP, AWD monster. Meet the new fastest production car on the planet. Giddy yup!
It's in this months C&D. 1.2 Million, 253mph, 1001HP, AWD monster. Meet the new fastest production car on the planet. Giddy yup!
D, I posted that as one of my fantasy cars a few threads ago.
I thought it had been around since about 2003 or so.