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Old 03-30-2012   #11
DaveK
 
Join Date: Jul 2004
Location: Sudbury, Ontario. Canada
Posts: 1,536
Default Re: $540 million MegaMillions!

Yeah and if I won and they found out I'd be down a whole dollar! lol

Good luck to everyone!

Dave
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Old 03-30-2012   #12
RedRiderZR1
 
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Join Date: Jun 2005
Location: Orange County, California
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Default Re: $540 million MegaMillions!

640 Million now. Lets see... start a car lot of ZR-1s on my newly bought island.
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Old 03-30-2012   #13
BigJohn
 
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Location: Ledyard,CT
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Default Re: $540 million MegaMillions!

Quote:
Originally Posted by Mystic ZR-1 View Post
Good Luck to all the "Registry" members who've bought a ticket!!!

Yep!!
Then back to The Chicken Ranch????
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Old 03-30-2012   #14
LGAFF
 
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Location: Crystal Lake, IL
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Default Re: $540 million MegaMillions!

I would buy the stillwater plant and restart LT-5 production
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Old 03-30-2012   #15
Mystic ZR-1
 
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Location: Mystic CT
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Default Re: $540 million MegaMillions!

$640 million, $462 million lump sum, minus 25% for Uncle Sam and 6.5% for the Connecticut governor. That still leaves about $316.5 million!!!!!!
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Old 03-30-2012   #16
John Boothby
 
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Location: Las Vegas, Nevada
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Default Re: $540 million MegaMillions!

Just for fun, I did some calculations. If the odds are 175 million to one to win this, as they say, and you allowed 3 feet for each person in line to buy a ticket, the line would extend over 11 thousand miles!! Kind of puts the chances of winning in perspective!
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Old 03-30-2012   #17
BigJohn
 
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Default Re: $540 million MegaMillions!

Quote:
Originally Posted by Mystic ZR-1 View Post
$640 million, $462 million lump sum, minus 25% for Uncle Sam and 6.5% for the Connecticut governor. That still leaves about $316.5 million!!!!!!
Uncle Sam will take 42%!!!!
Federal Income Tax for $201,000.00 and above is 42% with no deductions.
Any money earned on Stock Market is call Capital Gains and is only taxed at 20%.

Last edited by BigJohn; 03-31-2012 at 08:04 AM.
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Old 03-31-2012   #18
Mystic ZR-1
 
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Default Re: $540 million MegaMillions!

One of the 3 winning tickets was sold in Maryland, was it to one of our WAZOO brothers?
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