{JackPot} $540 Million
- Thread starter JonJon
- Start date
If you win, I command you to buy every unusual hat/buds in existence. (And give them to me. :D)
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I think this is happening before the summer... Aren't you not coming back 'til summer? You might miss this!
I was reading stats elsewhere on this. You're 8,000 times more likely to be murdered than win this and about 20,000 more times as likely to die in a car crash. Plus, with such a big jackpot, there's bound to be many winners substantially reducing your winnings. You also have to deal with half being taken out for taxes and even more for state income taxes. Most people that win just splurge too so they wind up broke.
There's no gaming tax in uk so winnings here are all tax free, only on interest would you pay income tax, and do you realise how hard it is to spend that sort of money, the weekly interest alone would be more than most peoples salarys.
I believe you have to be a US Citizen to win this. It's actually not hard at all to spend that kind of money. A lot of people that play the lottery are compulsive gamblers that blow it all within months of getting it. More often than not they don't put ANY of it way.
even at only 1% interest rate, (which is extremely low for this kinda cash) you would get over $10,000 a week. without interest, you are looking at $1m a year for 54 years... you cant spend it
Some casinos in Vegas have $100,000 chips. Trust me, you could lose it all in a night.
http://www.cafeterra.info/2010/02/13-lottery-winners-who-lost-everything.html
EDIT: Even if you don't spend it, they'll be people after you trying to steal it. You become a big target after you win the lottery.
Yep, higher tax brackets for higher earners, always been the same... back in the 70's the uk government imposed a 99% tax on top earners, which caused nothing but to make those with money move out of the country taking their cash with them...
Remember the beatles song taxman? beware the pennys in your eyes...
Here's the US Federal Tax bracket for this year
Note that it's progressive, so say you're Single, you pay 10% on the first $8700, then if you made say $30,000, you pay 15% on $21,300. So your tax would be (.1 * 8700) + (.15 * 21300) = $4,065. Of course this is showing TAXABLE Income after deductions and such. So say I'm a high school student working minimum wage and only make $4,800 in a year. Well the standard deduction is $5,700 so you wouldn't owe any taxes.
EDIT: Retards who don't understand the tax code tried to evade this a few years ago by taking slightly less pay, although they really screwed themselves since they maybe they took 5,000 off their salary when they would have only had to pay $1000 in taxes if they kept it. So they lost $4000 since they're dumb.
Also people never report their full income...i.e. people getting paid under the table or they work for a company that screws up their W2. Also the interest you make in your bank account is taxable so that could push you into another bracket.
Didn't think about the under the table, and I don't believe (only doubt) there is an interest rate in Swiss banks, due to their privacy. I can only doubt this because of the fact that there's no taxation in Switzerland.
I bought some tickets, doubt I'll win. Fuck the US govt for taxing shit tons of money they didn't earn and will just give to some dipshit ecoterrorist.