PB jackpot still unclaimed

I would be changing my phone numbers and trying to insulate myself as much as possible from public contact. I can only imagine the number of relatives, conmen, and salesmen that come out of the woodwork when someone wins a lottery.

Not any longer!!! An 84 year old woman stepped forward to claim the prize today. As luck would have it, while standing in line, some good citizen allowed her to jump in front of him and it was then she bought the lucky ticket. Imagine that. It was a quick pick that she won the money with. Imagine how that guy must feel. Does anyone think she might throw him a "bone" and pony up 10 million or so for his good gesture?
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Originally posted by: BAGIANT
Not any longer!!! An 84 year old woman stepped forward to claim the prize today. As luck would have it, while standing in line, some good citizen allowed her to jump in front of him and it was then she bought the lucky ticket. Imagine that. It was a quick pick that she won the money with. Imagine how that guy must feel. Does anyone think she might throw him a "bone" and pony up 10 million or so for his good gesture?


I don't think he would have necessarily received her numbers on a random draw. I think the random number generator would change numerous times every second. If somehow she were to give the 10 million, it would be a gift and she would need to pay gift taxes on part of the gift.

Since this woman is 84, I think she should opt for the total cash out and not take the prize in installments.
Since it's such a small town, she probably knows who let her jump in front of him. IF she gives him anything....even 10 mill, he would only have to pay about 4 mill in taxes and have 6 million free. I mean she's going to net about just under 200 mill, so what's 10 million to her?

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Originally posted by: BAGIANT
Since it's such a small town, she probably knows who let her jump in front of him. IF she gives him anything....even 10 mill, he would only have to pay about 4 mill in taxes and have 6 million free. I mean she's going to net about just under 200 mill, so what's 10 million to her?


I'm pretty sure that the jackpot they quote is the cumulative amount over the 20 to 30 or so years that they pay it out. If she elects to be paid in a lump sum, which she probably should based upon her age, then she is going to get much less and will be hit with a 39.6% federal rate plus 3.8% medicare surtax on most of it or 43.4% (no income taxes in Florida). If she was to give 10 million away, it would be a gift and not taxable income to the person she gives it to. She would have to pay a 40% gift tax on any taxable gifts above 5.25 million, the current lifetime exclusion.

Even if she has great intentions, it would not make sense for her to do this.

Sorry to go tax accountant on you.
The single males who visit the LVA Fora may be interested to learn that the winner is an 84 year-old widow lady.
For that money, I'd hit it! LOL!
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Originally posted by: BAGIANT
For that money, I'd hit it! LOL!


You can do your famous Bags oral treatment. She will marry you on the spot.
She bought ONE quick pick and hit the JACKPOT! Good for Her, just wish it would have been me instead!

She is 84 as mentioned, she lives in a duplex that is really tiny and pretty much a dive. Now she can move up to the "eastside" just as the Jefferson's did!
A younger lady with 2 small children reports that she was the one that let her "cut the line" and purchase what was the winning tix. She may throw her a tip, no way of knowing if the lady her let her "cut" would have gotten the same numbers. Works like a slot machine RNG constantly changes combinations!

Hope she enjoys her last few years!
Why did this image immediately jump into my head when I read about bag's and an 84 YR old widow winning the lottery. Watched way too much bug's growing up.

"EMMA BABY!, IT'S ME, THE MAN WITH THE "UNIQUE'TECHNIQUE', COME TO TAKE YA AWAY!"

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