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Half A Billion $$$$$$!!!


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#1 Portdriver

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Posted 28 March 2012 - 04:55 PM

Holy smokes! The MegaMillions is up to dang near $500,000,000! What would you do if..........


I have a special needs grandson. All his special needs, which are many and expensive, would be meet long after I'm dead and gone. Maybe I could even donate enough of it to make a difference in all children with this disorder through research.

Edited by Portdriver, 28 March 2012 - 04:56 PM.


#2 K3LA-6.2L

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Posted 28 March 2012 - 08:53 PM

Ive had my tickets the past 4 drawings.... I'll be buying more for fri. that jackpot is only going to grow.. so many people getting in on this now.

I would certainly help out a ton of people, family / friends... And make stress the thing of the past!
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#3 Chevyboy86

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Posted 28 March 2012 - 10:19 PM

Ive had my tickets the past 4 drawings.... I'll be buying more for fri. that jackpot is only going to grow.. so many people getting in on this now.

I would certainly help out a ton of people, family / friends... And make stress the thing of the past!


No kidding if I could participate in that i would!! That's crazy!! They dont get that big in Canada, I wish I could win any amount of money. Does lottery winnings get taxed in US???

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#4 vkjohnson

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Posted 29 March 2012 - 12:42 AM


Ive had my tickets the past 4 drawings.... I'll be buying more for fri. that jackpot is only going to grow.. so many people getting in on this now.

I would certainly help out a ton of people, family / friends... And make stress the thing of the past!


No kidding if I could participate in that i would!! That's crazy!! They dont get that big in Canada, I wish I could win any amount of money. Does lottery winnings get taxed in US???


Taxed at the top federal rate...33% is what I was told, not sure if that's it or not. State income tax would kick in too. Another 5% here in IL unfortunately.

Fun Fact....
Odds of winning are 1 in 175,000,000. For $175 million you could buy a ticket for every number combination possible and guarantee yourself the $500 million dollar jackpot. We need to get a big pool going so we can do this :lol:

#5 morgan1986

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Posted 29 March 2012 - 01:19 AM

I would put the money in a bank and live off interest and be a hermit .
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#6 IanF

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Posted 29 March 2012 - 06:58 AM

You guys know that a lottery is just a tax on the numerically illiterate don't ya? The big question should be where is all the rest of the money going?
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#7 Z71_Denali

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Posted 29 March 2012 - 07:11 AM

don't the majority of the people who take the lump sum burn through it very quickly? i'd rather take the monthly payments for 30 years!

Edited by 2010TexasEdition, 29 March 2012 - 07:12 AM.

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#8 Chevyboy86

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Posted 29 March 2012 - 08:16 AM

They dont tax the lottery winners up here. But then again you don't see half a billion lottery winnings usually around 50 million...still be pretty damn nice.

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#9 ChevyTech77

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Posted 29 March 2012 - 11:39 AM

don't the majority of the people who take the lump sum burn through it very quickly? i'd rather take the monthly payments for 30 years!

2/3 of all lump sum, big money, lotto winners end up in bankruptcy in 2-3 years of winning. Scary fact.
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#10 morgan1986

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Posted 29 March 2012 - 11:59 AM


don't the majority of the people who take the lump sum burn through it very quickly? i'd rather take the monthly payments for 30 years!

2/3 of all lump sum, big money, lotto winners end up in bankruptcy in 2-3 years of winning. Scary fact.

would be a fun 2-3 years lol . Thats why just buy your dream truck and put the rest in the bank and get it locked so you cant touch it but the interest .
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#11 wurgs

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Posted 29 March 2012 - 05:06 PM

Last I heard it was up to an estimate 546 million.

#12 76251

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Posted 29 March 2012 - 05:11 PM

I would put the money in a bank and live off interest and be a hermit .


Interest on 500 million, even at only 4% would get you $20 million a year, no need to be a hermit. :thumbs:

Oh and BTW, I just drove past the lottery sign here on the highway and it now says $540 million. It just keeps climbing! I dont usually buy lotto ticket, but what the heck. I think I will pick some up this week.
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#13 BigBlueSilvy

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Posted 29 March 2012 - 06:29 PM

i would catch some z's....and by z's i mean

Z71
ZR1
ZL1

get some race driving schooling....and then pay off my and my family's debts...pay for siblings colleges....buy some stocks....savings accounts, cd's....etc etc etc
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#14 MikeNH

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Posted 29 March 2012 - 06:37 PM

I almost never buy lotto tickets. Every now and then I will if the feeling strikes me when I'm at the checkout counter or whatever but that's like twice a year. If I came into that sort of money I'd obviously do the normal stuff with a few nice cars and trucks, get a house to keep it all in but the one big thing I'd want to do it get my pilot's license. One of those childhood dreams that took a backseat once I learned the cost. :lol:

#15 K3LA-6.2L

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Posted 29 March 2012 - 06:46 PM

I got my $20 worth of tickets today!

Actually its up to 540 million now!!!!!!!!!!!!

http://nylottery.ny.gov/wps/portal

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Traded my 2006 Silverado in!
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