Mega lotto ball power millions!!!!

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Re: Mega lotto ball power millions!!!!

campgottagopee
I want to party with nepa.
Just sayin

Who else is in
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Re: Mega lotto ball power millions!!!!

Johnnyonthespot
campgottagopee wrote
I want to party with nepa.
Just sayin

Who else is in
He had me at "chemist". Nah, fuck that. He had me at cocaine! Ko-kaaaaane!
I don't rip, I bomb.
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Re: Mega lotto ball power millions!!!!

witch hobble
Johnnyonthespot wrote
 Ko-kaaaaane!
He lives in the PNW, so that could be misconstrued as Kokanee.  Still a party, sure.....but not as good of one.
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Re: Mega lotto ball power millions!!!!

Cunningstunts
Banned User


I don't know about nepa, but I wanna party with this guy...
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Re: Mega lotto ball power millions!!!!

D.B. Cooper
In reply to this post by campgottagopee
campgottagopee wrote
I want to party with nepa.
Just sayin

Who else is in
Somewhere John Daly is making travel arrangements.
Sent from the driver's seat of my car while in motion.
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Re: Mega lotto ball power millions!!!!

warp daddy
Like Pee tex i dont play , am satisfied with what i have earned and accumulated .

That said Jason has the right idea start a trust or a foundation. Take care of your loved ones ,  THEN make a lasting impact  by DOING good works that advance kindness and decency and actually help people .
Life ain't a dress rehearsal: Spread enthusiasm , avoid negative nuts.
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Re: Mega lotto ball power millions!!!!

x10003q
In reply to this post by D.B. Cooper
D.B. Cooper wrote
Donate
- At $500M, I'd donate probably up to 20% of that.  Probably to no more than 4 charitable organizations.
First, you would have to donate about $200M to the Feds and whatever you would owe your state (about 45M here in NJ).

Now you can start your calculations.
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Re: Mega lotto ball power millions!!!!

Cunningstunts
Banned User
x10003q wrote
D.B. Cooper wrote
Donate
- At $500M, I'd donate probably up to 20% of that.  Probably to no more than 4 charitable organizations.
First, you would have to donate about $200M to the Feds and whatever you would owe your state (about 45M here in NJ).

Now you can start your calculations.
You'd owe on what didn't donate minus the amount you did, assuming your donation was tax deductible.  That's to say if you gave 100M (20% of 500M), you'd owe on 300M  (400M-100M is the taxable amount).  So he'd probably pay about 120M in Fed tax.

If you donate half of it, none of it goes to taxes because your taxable amount would be zero.

This is how insanely rich people get to choose where they want their money to go, pay almost no tax, and still be insanely rich.
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Re: Mega lotto ball power millions!!!!

2000yearoldskier
In reply to this post by x10003q
If I won , I'd buy a little place in Aspen,,,,and a jet.
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Re: Mega lotto ball power millions!!!!

Brownski
1.6 billion is a number I can’t quite comprehend. Guaranteed disaster
"You want your skis? Go get 'em!" -W. Miller
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Re: Mega lotto ball power millions!!!!

Cunningstunts
Banned User
In reply to this post by Cunningstunts
Cunningstunts wrote
x10003q wrote
D.B. Cooper wrote
Donate
- At $500M, I'd donate probably up to 20% of that.  Probably to no more than 4 charitable organizations.
First, you would have to donate about $200M to the Feds and whatever you would owe your state (about 45M here in NJ).

Now you can start your calculations.
You'd owe on what didn't donate minus the amount you did, assuming your donation was tax deductible.  That's to say if you gave 100M (20% of 500M), you'd owe on 300M  (400M-100M is the taxable amount).  So he'd probably pay about 120M in Fed tax.

If you donate half of it, none of it goes to taxes because your taxable amount would be zero.

This is how insanely rich people get to choose where they want their money to go, pay almost no tax, and still be insanely rich.
I was incorrect on this.

The rule is you can only deduct up to 50%, but you still do need to pay tax on the other 50% in whatever bracket you may be in.
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Re: Mega lotto ball power millions!!!!

MC2 5678F589
Powerball up to $750 million on Saturday.
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Re: Mega lotto ball power millions!!!!

Milo Maltbie
I bought ten tickets and got four numbers Tuesday night. How much do I get for that?

mm
"Everywhere I turn, here I am." Susan Tedeschi
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Re: Mega lotto ball power millions!!!!

JTG4eva!
3 plus the mega ball gets $200.
4 not including the mega ball gets $500.
We REALLY need a proper roll eyes emoji!!
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Re: Mega lotto ball power millions!!!!

Milo Maltbie
What about one number on four tickets? That should be worth something.

mm
"Everywhere I turn, here I am." Susan Tedeschi
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Re: Mega lotto ball power millions!!!!

green light
Another try!
its a beautiful thing
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Re: Mega lotto ball power millions!!!!

Brownski
In reply to this post by Milo Maltbie
Milo Maltbie wrote
What about one number on four tickets? That should be worth something.

mm
Hard not to take it personally
"You want your skis? Go get 'em!" -W. Miller
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