Powerball jackpot hits $800M, largest US lottery prize ever

[xenon54 out]

So, i hope whoever wins the lottery wont forget his best buddy xenon right?

 

[21stCentury]

Powerball jackpot increases to $1.4B as ticket sales surge - The Washington Post

My guess is that by Wednesday it will reach 1.5 billion

 

[21stCentury]

Max Federal is 39.6%. You would be subjected to states taxes also if your state has them (some do not).

All the taxes combined and we're looking at close to 50% of the jackpot gone. Amazing.

 

[Hamartia Antidote]

All the taxes combined and we're looking at close to 50% of the jackpot gone. Amazing.

Payout analysis here although you should switch the 25% to 39.6%

Powerball Jackpot Analysis | USA Mega

Edit: even with only 292M combinations it's still $2 a ticket. So not worth covering them all.

Edit2: wait you are allowed to write off all your losing tickets on your taxes. So you could pull it off if you got an army of trustworthy people at your disposal.

 

[KAL-EL]

All the taxes combined and we're looking at close to 50% of the jackpot gone. Amazing.

You seem to keep focusing on that aspect of all this. Even if close to that is gone, the winner/s would be still be quite wealthy.

So, i hope whoever wins the lottery wont forget his best buddy xenon right?

Don't worry my friend, I certainly won't forget you. Matter of fact, if I did win, I would embark on a worldwide PDF meetup tour.

Aside from getting to travel to so many countries, I would also get to meet at least some of the people here I've come to respect.

No trolls though Although I might be tempted to share a lunch with Buddhapalm

 

[Hamartia Antidote]

http://6abc.com/news/powerball-jackpot-increases-to-$15-billion/1155969/

$1.5B

 

[Hamartia Antidote]

buy your PowerBall tickets!

@AMDR @Solomon2 @Nihonjin1051 @gambit @Oldman1 @KAL-EL
@anon45 @TruthSeeker @Syed.Ali.Haider @Oscar et al!

 

[KAL-EL]

^^^^ Already did

 

[Jungibaaz]

Well, let's see the odds of you winning, if the number of balls is correct from my knowledge.

The chances of you winning are:

(69!/(5!*64!))*(26!/(1*25!)) = 292,201,338.

So, 1 in 292 million.

In case you do win, please remember your old pal on PDF, and forget how little he faith he had in you winning.

 

[jhungary]

May the force be with you, although I don't believe in lotto, I wish anyone who had bought their ticket good luck,

Buena Suerte a Todos.

 

[manojb]

What if no one wins tonight? How much will next jackpot be? $ 2.0 B!!

 

[Hamartia Antidote]

What if no one wins tonight? How much will next jackpot be? $ 2.0 B!!

Powerball: Saturday jackpot will be $2 billion if no winner Wednesday

"The commission also said the cash value would go up to $1.24 billion if nobody draws the winning number,"

After 39.6% in taxes that would be $744M.

Right now the cash option after taxes is $558M ($930M before 39.6%)

 

[Indika]

Well, let's see the odds of you winning, if the number of balls is correct from my knowledge.

The chances of you winning are:

(69!/(5!*64!))*(26!/(1*25!)) = 292,201,338.

So, 1 in 292 million.

In case you do win, please remember your old pal on PDF, and forget how little he faith he had in you winning.

Powerball: Saturday jackpot will be $2 billion if no winner Wednesday

"The commission also said the cash value would go up to $1.24 billion if nobody draws the winning number,"

After 39.6% in taxes that would be $744M.

Right now the cash option after taxes is $558M ($930M before 39.6%)

why not spend 292 * 2 ==> 600 million and take 2 billion minus taxes = 1.2billion .

 

[Hamartia Antidote]

why not spend 292 * 2 ==> 600 million and take 2 billion minus taxes = 1.2billion .

Well first you need an army of super trustworthy people to buy those 292M tickets. Figure a few seconds for each ticket and that's a lot of time.

 

[Viper0011.]

Powerball jackpot hits $800M, largest US lottery prize ever

Powerball jackpot hits $800M, largest US lottery prize ever.

Its supposed to be in billions in a day or two. I got the combo for it. Just waiting for it to hit $ 2 billion so I can use the magic combo to win. It'll pay off my bills easily and I can may be buy a nice car too