Domain: tiger-web1.srvr.media3.us 1.6 billion$ powerball | Page 4 | O-T Lounge
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re: 1.6 billion$ powerball

Posted on 12/22/25 at 7:10 pm to
Posted by jeffsdad
Member since Mar 2007
24355 posts
Posted on 12/22/25 at 7:10 pm to
I'd like to know how much the lottery is taking in now compared to the 2$ tickets.
Posted by deltaland
Member since Mar 2011
101482 posts
Posted on 12/22/25 at 7:25 pm to
quote:

Ill buy $20 when it gets over a billion.


I think they rig the algorithms sometimes where the computers know which combos haven’t been bought in order to get these big jackpots. So I never buy until it’s gets to about 900mil

I don’t believe for a minute they still do the random ball selection from a tumbler
Posted by deltaland
Member since Mar 2011
101482 posts
Posted on 12/22/25 at 7:25 pm to
quote:

can't wait to win and then be in the billionaire club and be friends with Elon and Jeff.


Well after lump sum and taxes you still won’t be
Posted by Bjorn Cyborg
Member since Sep 2016
34724 posts
Posted on 12/22/25 at 8:00 pm to
quote:


Well after lump sum and taxes you still won’t be


Now you tell me! I’ve already spent the $1.

Maybe they will let me in the club anyway
Posted by mchias1
Member since Dec 2009
968 posts
Posted on 12/22/25 at 8:10 pm to
Powerball is still $2/ticket

Megamillions costs $5 / ticket. They priced themselves out.
Posted by beaux duke
Member since Oct 2023
3948 posts
Posted on 12/22/25 at 8:20 pm to
quote:

I had 3 numbers including the powerball a couple of weeks ago when it was $775 million. I missed the other 3 numbers by just 10 digits combined.

So, yeah I won $7

handle checks out
Posted by DVinBR
Member since Jan 2013
15417 posts
Posted on 12/22/25 at 8:35 pm to
Keep dreaming baws

See you at work
Posted by Jim Rockford
Member since May 2011
104632 posts
Posted on 12/22/25 at 11:28 pm to
Another swing at the pinata on Wednesday.
Posted by lsubuddy
houma, la
Member since Jul 2014
4973 posts
Posted on 12/22/25 at 11:36 pm to
Lawyers of TD explain the process- person wins 1.6 billion hires a lawyer to set up an llc to claim the winnings. How exactly does it go?
Posted by saintsfan1977
Arkansas, from Cajun country
Member since Jun 2010
10184 posts
Posted on 12/23/25 at 5:45 am to
quote:

Lawyers of TD explain the process- person wins 1.6 billion hires a lawyer to set up an llc to claim the winnings. How exactly does it go?


You pay an arse load to some douche to keep your money private. I would tell them to just deposit it in my accounts. Don't care if the world knows I have money. You never here of a winner getting caught up in ransom. They spend it all.
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
12046 posts
Posted on 12/23/25 at 6:09 am to
quote:

You pay an arse load to some douche to keep your money private. I would tell them to just deposit it in my accounts.


I believe there are some tax advantages of claiming as an LLC or a trust. So you may still need to pay a lawyer douche and an accountant to setup all that.

I would form the Winning LLC in honor of Charlie Sheen. But if I had that kind of scratch to deposit in my local bank, I probably would become one of their largest depositors overnight, that could be very dangerous. If the bank fails regardless of size, each account is only insured to FDIC limits, so you may need multiple accounts to spread out to multiple banks to ensure your money is insured.
Posted by bigberg2000
houston, from chalmette
Member since Sep 2005
70637 posts
Posted on 12/23/25 at 7:11 am to
quote:

Tickets at $5 a pop kinda disinterested me from buying my normal 20 during high lottery winnings. Might get 2


They are still $2 at least it was on Saturday. You don’t NEED to get the extra shite that only helps for the smaller things.
Posted by RanchoLaPuerto
Jena
Member since Aug 2023
2095 posts
Posted on 12/23/25 at 7:15 am to
quote:

I believe there are some tax advantages of claiming as an LLC or a trust. So you may still need to pay a lawyer douche and an accountant to setup all that.


I am not your lawyer.

I thought this only mattered with shared ownership of a ticket, like an office putting together a pool.

This is not tax advice.
Posted by jeffsdad
Member since Mar 2007
24355 posts
Posted on 12/23/25 at 7:15 am to
LLCs are simple to set up. Just get form from state and fill out yourself. But, you still need an attorney, and probably a bunch of other people you shouldn't trust.
Posted by LSUfan4444
Member since Mar 2004
56888 posts
Posted on 12/23/25 at 7:16 am to
Still $2 as of yesterday
Posted by jeffsdad
Member since Mar 2007
24355 posts
Posted on 12/23/25 at 7:20 am to
Yeah, it was my fault. Went to an dot indian convenience store and forgot which one was the "big" one. I asked the barely english speaking person and he said Mega millions. So, I spent 5$ per ticket on the wrong lottery.
Posted by Barrister
Member since Jul 2012
5266 posts
Posted on 12/23/25 at 7:20 am to
In Louisiana officers of the LLC are still public record.

Better option is to establish a Delaware LLC for privacy, then set up a Trust. Have LLC as beneficiary of Trust.

You get all the benefits of the money but no one knows you won and your funds are secure.
Posted by Godfather1
What WAS St George, Louisiana
Member since Oct 2006
88163 posts
Posted on 12/23/25 at 7:28 am to
I was pretty much settled in for the evening last night when at about 8 pm, something told me to run out and buy 5. So I did.

Moral of the story: when you're settled in for the night, don't listen to little voices in your head.
Posted by jeffsdad
Member since Mar 2007
24355 posts
Posted on 12/23/25 at 7:31 am to
I have six kids. I'd probably have them all sign the ticket and let them split it. I figure, if I won it in my name when I gave it to them they'd all have to pay taxes (again) on theirs. I don't want to be investigated anyways.
Posted by jasonbr1975
Lafayette, LA
Member since Sep 2024
1582 posts
Posted on 12/23/25 at 10:51 am to
There are 292.2 million combinations of the powerball. At $2/ticket, you would spend $584.4 million to get each combination for a guaranteed winning combination. So if you have $584.4, you could win $1.7 Billion guaranteed. I just don’t know how much it would cost or how much time it would take to pencil in all the combinations of numbers and submit them to the clerk at the gas station. It would also be my luck if I could do all that, that like 5 other people would win on that week!
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