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How many tickets do you plan on buying for this Saturdays 300 Million dollar Powerball jackpot?

1-5

[ 25 ]

[ 44.6% ]

6-10

[ 7 ]

[ 12.5% ]

11-20

[ 5 ]

[ 8.9% ]

21-30

[ 4 ]

[ 7.1% ]

41-50

[ 0 ]

[ 0.0% ]

51-100

[ 3 ]

[ 5.4% ]

101 or more

[ 0 ]

[ 0.0% ]

None

[ 12 ]

[ 21.4% ]

Total valid votes

[ 56 ]

Discarded votes

[ 6 ]

bellyache

United States
Member #12,618
March 18, 2005
2,060 Posts
Offline

Oct 14, 2005, 8:41 pm

I'll be staying in the 1-5 dollar range as usual. lol.
MADDOG10

50

Beautiful Florida
United States
Member #5,709
July 18, 2004
29,489 Posts
Offline

Oct 14, 2005, 9:22 pm

I'm taking my abrev wheel again tonight. 21-30 range

KARMA...Has no menu. You get served what you deserve
BaristaExpress

Magnolia, Delaware
United States
Member #18,794
July 20, 2005
789 Posts
Offline

Oct 14, 2005, 11:27 pm

I already bought 30 dollars worth Thursday! I might buy another 10 dollars worth tomorrow!

Keep dreaming the impossible dream, it just may come true!
bellyache

United States
Member #12,618
March 18, 2005
2,060 Posts
Offline

Oct 14, 2005, 11:31 pm

I would love to buy more, but I have a certain amount that I can spend on tickets and that's it. Gotta stay within my budget. =)
sirbrad

PA
United States
Member #22,982
October 6, 2005
2,229 Posts
Offline

Oct 15, 2005, 12:16 am

500 or so.

JK! Lol. How much do I want to "donate" and never see again? Probably 5-10. I bet those people who spend hundreds on tickets find it difficult to get a good nights sleep after they find out that someone won, and who only spent one dollar.
Mag52

United States
Member #23,617
October 15, 2005
2 Posts
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Oct 15, 2005, 7:23 am

In the state of Delaware, the lump cash sum for Powerball is $106 million. If somebody from Maryland wins it, how much would the state of Maryland pilfer in taxes? Does anybody know? For a $300 million dollar jackpot, taking away $244 million dollars is like 3 quarters of the prize. That's a huge cut. A $7 milion dollar a year payout for 30 years isn't bad.
BaristaExpress

Magnolia, Delaware
United States
Member #18,794
July 20, 2005
789 Posts
Offline

Oct 15, 2005, 7:36 am

Mag the cash payout for PB in Delaware is as follows 109,500,000 (no state tax). Maryland can't hit it for taxes until you claim it on the state income tax form when ever you have to file in that state.

Keep dreaming the impossible dream, it just may come true!
Rick G

FEMA Region V Camp #21
United States
Member #520
July 27, 2002
5,699 Posts
Offline

Oct 15, 2005, 9:07 am

None....don't want to spend my money against those odds and don't want to end up like Jack Whittaker.

I'll take a sweet pick 5 win any day.

Posted 4/6: IL Pick 3 midday and evening until they hit: 555, 347 (str8).
lchoro

United States
Member #5,565
July 11, 2004
260 Posts
Offline

Oct 15, 2005, 9:58 am

The lottery prize would show up on your federal return. The states compare the federal AGI with the state AGI after they receive the data from the federal government.

Anyone ever figure out what the average number of tickets are purchased by each jackpot winner? They never seem to publish these in the news releases.
JAG331

Greenwich, CT
United States
Member #4,793
May 24, 2004
1,822 Posts
Offline

Oct 15, 2005, 10:12 am

I'll be buying my normal $2 powerplayed ticket, one line. Plus $3 in Cash 5 for a big $5 bet today.

I can't wait to stand in line at the store today. Maybe if someone is buying $100 I'll ask if they want to just give me $31 and cut out the middle man, seeing as the winner gets 31% of sales.
PrisonerSix

Baton Rouge, LA
United States
Member #4,602
May 7, 2004
1,192 Posts
Offline

Oct 15, 2005, 10:29 am

Quote: Originally posted by Mag52 on October 15, 2005

In the state of Delaware, the lump cash sum for Powerball is $106 million. If somebody from Maryland wins it, how much would the state of Maryland pilfer in taxes? Does anybody know? For a $300 million dollar jackpot, taking away $244 million dollars is like 3 quarters of the prize. That's a huge cut. A $7 milion dollar a year payout for 30 years isn't bad.

In Louisiana, they withhold 5% for state income tax and 25% for federal income tax. The lottery will issue a withholding form(I can't remember what it is called right now, but it's like a W-2). I'm not sure what Louisiana does to those who play from out of state. It might be best to contact the lottery to see if they do witthold for other states.

When you file your state income taxes, you will have to claim it as income no question about it. One thing I don't know is if Delaware has a state income tax. If they do, the lottery will probably witthold Delaware state income tax from it and you'll have to file a non-resident tax return for Delaware as well. If they don't have state income tax, that's one less thing to worry about.

PrisonerSix
PrisonerSix

Baton Rouge, LA
United States
Member #4,602
May 7, 2004
1,192 Posts
Offline

Oct 15, 2005, 10:30 am

I put 6-10 tickets and here's how it is broken down:

1 ticket for myself
2 for the pool me and 3 other people on my staff have going. We each put up $3 every payday and buy 2 Powerball and 1 Lotto tickets for the next 4 drawings.
5 for the other pool another coworker is running.

Hopefully something will come out of all of this.

PrisonerSix
PrisonerSix

Baton Rouge, LA
United States
Member #4,602
May 7, 2004
1,192 Posts
Offline

Oct 15, 2005, 10:32 am

I put 6-10 tickets and here's how it is broken down:

1 ticket for myself
2 for the pool me and 3 other people on my staff have going. We each put up $3 every payday and buy 2 Powerball and 1 Lotto tickets for the next 4 drawings.
5 for the other pool another coworker is running.

Hopefully something will come out of all of this.

PrisonerSix
TheGameGrl

A long and winding road
United States
Member #17,083
June 10, 2005
6,680 Posts
Offline

Oct 15, 2005, 10:34 am

The group that I donate funds towards usually spends a set amount. 'tween $20 & $30. We did up it five dollars for saturdays drawing.

Count your smiles.
tntea

50

United States
Member #5,344
June 30, 2004
23,639 Posts
Offline

Oct 15, 2005, 10:34 am

Worked at Lotto Hell last night and will go back in at 4 today. They hired extra help for tonight...

I went in at 2pm yesterday and kept a steady line at my register until 9:30... I got one break at 8:30 to run to restroom..

Register amount from 6:30pm til 10:00pm was over 8 grand for lotto...only

Please... someone hit the dang thing...

OLD/Vtrac Lottery Bible Double Warnings TN F34/F44

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