No textNo textNo text

where's the pb winner

Avatar
fxsterling

2 weeks is too long  the money could be making intrest   

Avatar
Chewie

The money IS making interest. For the state! Haste makes waste, was never more true.

TheGameGrl's avatar - Lottery-012.jpg
TheGameGrl

hmmm...good point! Makes one wonder if the person waits til the first of the new year if any of that prize winning interest becomes theirs as well. Doubtfull, but certainly worth investigating what the policy is on that matter. I'm sure someone will chime in with the factual data .

DirtyWrat's avatar - dirty rat_3051bs_mor.jpg
DirtyWrat

2 weeks is too long  the money could be making intrest   

Vedy, vedy intresting.

Avatar
Chewie

hmmm...good point! Makes one wonder if the person waits til the first of the new year if any of that prize winning interest becomes theirs as well. Doubtfull, but certainly worth investigating what the policy is on that matter. I'm sure someone will chime in with the factual data .

I've yet to see anything on the advertisement that says $540M - plus any interest accumilated while you make up your mind whether to fish or cut bait. There is more then one reason why they want you to take your time before claiming the money. Like you can't make the claim, and spend the waiting period getting the financial team together. Multi-tasking doesn't cease when you win, it starts. Its all part of the IQ test.

dvdiva's avatar - 8ball
dvdiva

The delay is obvious, if he claims now he pays tax now if he claims after Jan 2 then he pays tax later. It's not rocket science.

BaristaExpress's avatar - BaristaExpressMX zpsfb0d8b5d.png
BaristaExpress

dvdiva, that's incorrect! He pays the tax in the year he won it in! It's doesn't go by when he claims the money! The drawing was held in Oct. 2005 and won, so his tax will be applied to the 2005 year!

NightTrain1234's avatar - 8ball
NightTrain1234

The delay is obvious, if he claims now he pays tax now if he claims after Jan 2 then he pays tax later. It's not rocket science.

The tax is withheld from his first payout whether a lump sum or an annuity.    The Tax Man always gets his cut first!

Avatar
shalini

I wonder what he looks like...how come no photo ops?

NightTrain1234's avatar - 8ball
NightTrain1234

I wonder what he looks like...how come no photo ops?

Maybe he is wanted by the law or has a bunch of out of wedlock kids?

dvdiva's avatar - 8ball
dvdiva

dvdiva, that's incorrect! He pays the tax in the year he won it in! It's doesn't go by when he claims the money! The drawing was held in Oct. 2005 and won, so his tax will be applied to the 2005 year!

I would hope he's seen an expert on that but since he doesn't have the money until he claims the prize it would be taxed based on when he picks up the check not based on when he won.

bellyache's avatar - 64x64a9wg
bellyache

I think Steve West is waiting for the media and press to die down before he validates his ticket. But since someone spotted him on Good Morning America earlier today, that wouldn't make much sense.

Avatar
Chewie

There is zero correlation between luck and intelligence.

Avatar
fxsterling

if he has tax problem  3 days to clean up                  the fact is the press and people will not let down  is a given  and  if mm rolls over more light will be put on him 

sirbrad's avatar - Lottery-062.jpg
sirbrad

The longer he drags it out, the more it will be publicized. He would be better off to just get it all over with, and probably suffer less stress also. Just to think all the stuff I could have had by now with that money, and the winning ticket is still in a safe deposit box, or underwear drawer. Roll Eyes He can't dodge the media forever, he is only making himself more sought after. Just do the freakin press conference already! Or give me the ticket to do it for you. Thumbs Up

Log In

Log InCancel

Forgot your username?

Forgot your password?