$1,080 Billion powerball lotto winner in the USA

[acroman08]

I just saw a news on youtube that someone won the $1,080 Billion jackpot prize on the Powerball lotto in the US. In the video I watched, someone claims that she was the winner, but as of now, there is still no official announcement from the lottery organization. also, the store where the winning ticket was bought will receive a $1 Million bonus from the organization.

anyway, it still really surprises me that if the winner decides to take the prize in one lump sum, they will only get half of the total price because of the taxes that will be taken out.

here's the video I saw https://www.youtube.com/watch?v=LINxj6C-00c

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[bitbollo]

I just saw a news on youtube that someone won the $1,080 Billion jackpot prize on the Powerball lotto in the US. In the video I watched, someone claims that she was the winner, but as of now, there is still no official announcement from the lottery organization. also, the store where the winning ticket was bought will receive a $1 Million bonus from the organization.

anyway, it still really surprises me that if the winner decides to take the prize in one lump sum, they will only get half of the total price because of the taxes that will be taken out.

here's the video I saw https://www.youtube.com/watch?v=LINxj6C-00c

seems like the classic historical dilemma in lottery sauce   better an egg today or a chicken tomorrow?

if you think about it, such a figure even if "half" is enough to make you at least the top 1% richest on earth and live at "science fiction" levels.
I too would have done the same thing, as we say here in Italy "there is no certainty about tomorrow"

[swogerino]

I just saw a news on youtube that someone won the $1,080 Billion jackpot prize on the Powerball lotto in the US. In the video I watched, someone claims that she was the winner, but as of now, there is still no official announcement from the lottery organization. also, the store where the winning ticket was bought will receive a $1 Million bonus from the organization.

anyway, it still really surprises me that if the winner decides to take the prize in one lump sum, they will only get half of the total price because of the taxes that will be taken out.

here's the video I saw https://www.youtube.com/watch?v=LINxj6C-00c

seems like the classic historical dilemma in lottery sauce   better an egg today or a chicken tomorrow?

if you think about it, such a figure even if "half" is enough to make you at least the top 1% richest on earth and live at "science fiction" levels.
I too would have done the same thing, as we say here in Italy "there is no certainty about tomorrow"

I would have done the same and opt to get the prize as long as I would get half billion dollars who the f cares about the huge taxes.However I used to work in Italy as I have been working in many different countries and if I recall correctly there is something different,the winner of the best state lottery goes and claim it much further than the draw and usually I have seen in TV there people wearing masks to not let other people know who they are because of the risks associated with that.I doubt that in the USA it would consist of such risks but still even USA is a dangerous place when people know you have become filthy rich out of nowhere.

[rhomelmabini]

anyway, it still really surprises me that if the winner decides to take the prize in one lump sum, they will only get half of the total price because of the taxes that will be taken out.

I'd rather lump sum it rather put it on others hand, half a billion dollar is not a little amount, I'd say "okay get the taxes and just give me my prize". That's already on the term and I think it isn't new if you know how lottery rewarded their winners. That winner should never take it on one lump sum day as well I hope, she'd just be shock how big it is, he's already a millionaire and hope she doesn't take it in one day as well.

[Beparanf]

I just saw a news on youtube that someone won the $1,080 Billion jackpot prize on the Powerball lotto in the US.

The comma will mistakenly assume your thread to be 1.08 Trillion instead of 1.08 Billion reward because you use 3 digit after the comma.

anyway, it still really surprises me that if the winner decides to take the prize in one lump sum, they will only get half of the total price because of the taxes that will be taken out.

I think claiming it lump sum is his or her best option since powerball organizers can’t hold the money for a long time while the winner can put his money on stock market, bank and crypto to personally manage it. The tax is part of the prize and every powerball knew that. They still just add the tax on the grand prize to make it more appetizing to all bettors.

What really surprised me is someone claiming that he won jackpot prize publicly.

[topbitcoin]

anyway, it still really surprises me that if the winner decides to take the prize in one lump sum, they will only get half of the total price because of the taxes that will be taken out.

I'd rather lump sum it rather put it on others hand, half a billion dollar is not a little amount, I'd say "okay get the taxes and just give me my prize". That's already on the term and I think it isn't new if you know how lottery rewarded their winners. That winner should never take it on one lump sum day as well I hope, she'd just be shock how big it is, he's already a millionaire and hope she doesn't take it in one day as well.

I also think it's better to withdraw it directly even though it's taxed and don't get a lump sum payment it's better, than depositing it in the casino and or dividing it in half into two withdrawals it's the same, or it doesn't make a difference he will be taxed too.

But if using two withdrawals doesn't get as big a tax as using one withdrawal, I think making two withdrawals is a good thing to reduce the tax that should be, and he gets money that shouldn't be paid for taxes, although yes he becomes a millionaire and the money is taxed doesn't affect him, but we need to remember that money with that amount of tax is really a shame if you don't have money or run out of money later.

[aioc]

I just saw a news on youtube that someone won the $1,080 Billion jackpot prize on the Powerball lotto in the US. In the video I watched, someone claims that she was the winner, but as of now, there is still no official announcement from the lottery organization. also, the store where the winning ticket was bought will receive a $1 Million bonus from the organization.

That's the biggest I've known the store owner in the video is overjoyed because he instantly gets a million dollars for just selling the winning ticket and the winner changed his life and all his relatives and generation to come I hope he is good at handling that huge money.

anyway, it still really surprises me that if the winner decides to take the prize in one lump sum, they will only get half of the total price because of the taxes that will be taken out.

Not surprisingly some people want to enjoy their winnings and they want to handle their own money so they can buy whatever they want or set up a business, we don't know the character of the winner but if he is an investor he knows how to handle the money and where to put so it will stay in his lifetime and to his/her children and grandchildren.

[acroman08]

seems like the classic historical dilemma in lottery sauce   better an egg today or a chicken tomorrow?

if you think about it, such a figure even if "half" is enough to make you at least the top 1% richest on earth and live at "science fiction" levels.
I too would have done the same thing, as we say here in Italy "there is no certainty about tomorrow"

yeah, I agree, I would take the lump sum to instead of an annuity. I would want to enjoy my winnings to the fullest and not wait yearly to get paid.

I just saw a news on youtube that someone won the $1,080 Billion jackpot prize on the Powerball lotto in the US.

The comma will mistakenly assume your thread to be 1.08 Trillion instead of 1.08 Billion reward because you use 3 digit after the comma.

I'm confused, how would you type out one billion eighty-five million? wouldn't it be $1,085 Billion? so, why would a $1,080 with a "billion" next to it be mistaken for a trillion? I also wrote Billion next to it for more clarification.

[retreat]

" You stay anonymous until after you claim the money officially. You don't receive the money immediately, people with bad intentions will probably be looking for her today. Hopefully she stays safe, but doing this in public was a very bad decision. "

It was the top comment on the video. And to be honest it was a big mistake to make it public, because surely there would be someone with bad intentions who would harm her. Let's hope we can still hear from this lady, because it was very lucky for her to be able to hit the jackpot with such a big prize.

[Slow death]

It is simply unacceptable that a country charges 50% tax on a lottery prize, I wonder if billionaires were paying 50% tax then would they become very rich to the point of having many billions of dollars? I think the government should know how to separate things and adopt another tax collection model in the lottery, for example, the government could charge tax when each person buys a lottery ticket, something like if a person were to buy a lottery ticket that cost 1.50$, so when that person paid the 1.50$, then 50% of the tax value would be deducted and the government would keep 0.75$ while the lottery organizers would keep 0.75$

with that, when someone hits the winning ticket, that person would keep 100% of the amount they won, I think that only in this way would it be fair to all the people who win the lottery. now about this person who has already moved in while no one has seen any official government announcement, I think it is not good for someone to rush like that, mainly because she has not yet been declared the winner and has not yet received the money, she is exposing herself in an unnecessary way, mainly because nowadays there are many criminals and they could do her some harm while she has not received so much money from the prize

[Huppercase]

I just saw a news on youtube that someone won the $1,080 Billion jackpot prize on the Powerball lotto in the US. In the video I watched, someone claims that she was the winner, but as of now, there is still no official announcement from the lottery organization. also, the store where the winning ticket was bought will receive a $1 Million bonus from the organization.

anyway, it still really surprises me that if the winner decides to take the prize in one lump sum, they will only get half of the total price because of the taxes that will be taken out.

here's the video I saw https://www.youtube.com/watch?v=LINxj6C-00c

She is already celebrating which is a good step but I think it is better to wait for the organization to do a review check before making it to the Media streams or perhaps the Media are also waiting for something to go viral to have good audience and exposure, it is really a good amount though because her reactions says it, that money will change her life forever if it is put in good use or good investment precisely.

The organizers are making bucket of money from this shows because if the shop where the ticket was won raised about a million dollars, only God knows the amount they will make from other shops, they will be making more than double of that amount, if not upto tripple but I think paying tax half the price doesn't worth it, the government will pocket half that amount and they will be happy people are joining, the tax amount is too high.

[piebeyb]

The cost of the tax deduction is so big even if you only get half but it looks like a joke, there is no choice but to take even if you only get half instead of having to pay the tax with your own money, not only the lottery but even other prizes in my country are almost the same when there is a prize car at certain events, but when you get a car prize, at least you have to pay a tax of around 30% of the car's price. lol

To be honest, I don't really like lottery games, maybe because of problems like this that always happen when I get a prize winner who gets full deductions or taxes and so on, it's clear that it will make me feel uncomfortable enjoying my winnings to the fullest, why not? taking a tax fee or deduction of around under 10% maybe that would be better than half.  

[bangjoe]

Snip
with that, when someone hits the winning ticket, that person would keep 100% of the amount they won, I think that only in this way would it be fair to all the people who win the lottery. now about this person who has already moved in while no one has seen any official government announcement, I think it is not good for someone to rush like that, mainly because she has not yet been declared the winner and has not yet received the money, she is exposing herself in an unnecessary way, mainly because nowadays there are many criminals and they could do her some harm while she has not received so much money from the prize

I think if this is charged 50% as tax payments of course this is an unfair regulation, more like extortion, 50% is not a small amount of the total he won (half a billion), this is crazy.

With that amount is certainly not a good thing when we expose it to the public, moreover there is no official confirmation about his victory either from the organizer or from the government, maybe he is too happy and covered his mind so that he wanted to be seen by others, or his friends because he had won the lottery with a very pantastic victory, and he did not think what would happen to him if there was a bad person to do something to him or his family and asked for a ransem or asking for his mind when he took the victory. LOL

[Strongkored]

Who cares, because the half value that she gets because she gets cut off by fixed taxes will be a fantastic value, can really change lives and even live in luxury with the lottery winnings, and I'm sure other people will prefer to take it in full even though the final value you get is only half, because with the money already confirmed in our hands, many things can be done including starting a business from the lottery results or buying a house for investment or also other forms of investment that are very likely to also be able to provide big profits if you can choose the right type of investment.
Didn't see the video from YouTube that the OP included and as long as there is no official news from the organization that is holding the lottery then this can still be said to be just a rumor, so she has not become a rich man so far.

[xSkylarx]

That is really huge, but so is the tax. But again, it is still money, and even if it is cut in half, you still won't have that decent money that can change her life. My thought on this is that the winner should be the person who really needed it, and she should also have been able to manage it well because we know that most lottery winners can't handle it well and just lose it all in a matter of time. I do hope that this is the start of where she can change her life and also be good at other things, like being helpful. But still, I cant imagine that the tax department also won half of it.

[Finestream]

I just saw a news on youtube that someone won the $1,080 Billion jackpot prize on the Powerball lotto in the US. In the video I watched, someone claims that she was the winner, but as of now, there is still no official announcement from the lottery organization. also, the store where the winning ticket was bought will receive a $1 Million bonus from the organization.

anyway, it still really surprises me that if the winner decides to take the prize in one lump sum, they will only get half of the total price because of the taxes that will be taken out.

here's the video I saw https://www.youtube.com/watch?v=LINxj6C-00c

Too bad she showed her face to the public
I mean, I understand where she came from and that you would really be crying if you are that someone who won a billion jackpot prize in the lottery but I just hope that she did some wise decisions before showing her face in the camera because by now, a lot of people already know her and most probably where she lived as well, including the people who would want to get some money off of her.

[Stepstowealth]

anyway, it still really surprises me that if the winner decides to take the prize in one lump sum, they will only get half of the total price because of the taxes that will be taken out.

The half of the total price money that she will receive is still very good and enough to get her a better life and change her life for good if it is not wasted and squandered on liabilities. Even the price money for the mart where the ticket was sold is a good amount for the owners to improve and take their business to the next level. Watching the video and getting more information about the lotto, I like that there is a percentage from the sale of every ticket that is donated to public education, it gives the lotto a little more meaning to me. For the Lady that won, she is extremely lucky.

[Cantsay]

anyway, it still really surprises me that if the winner decides to take the prize in one lump sum, they will only get half of the total price because of the taxes that will be taken out.

If it was a little winning thennthatbwouldnhave been a proble but since we're dealing with a billion dollars been split into two then there's no issue, having that kind of money will first of push the winner into the top class living people and it will surely open several opportunity for them. So we shouldn't even bother ourselves about them take a junk from it as tax as the remaining one will still be more than enough for the winner.

Now my curiosity is, what if the winner fails to show up before the deadline? According to the video url you posted the man said, the winner has up to a year to claim their reward so what then happens if no one shows up to clim the reward of the lottery or comes after a year to claim the reward will she still be awarded or will her ticket become void? I guess I have seen this thread before but the man's comment got me thinking about it.  

[robelneo]

I just saw a news on youtube that someone won the $1,080 Billion jackpot prize on the Powerball lotto in the US. In the video I watched, someone claims that she was the winner, but as of now, there is still no official announcement from the lottery organization. also, the store where the winning ticket was bought will receive a $1 Million bonus from the organization.

Even if the winner is going to receive half of that more than $1 billion it's still enough to make him one of the richest, there are a lot of dilemmas and stigmas associated when you become an instant multi-millionaire, suddenly from being an ordinary you becoming magnified and everything you want in life are easily reach, I hope the winner is educated enough to know the value of money and the best thing in life, if he is still young I hope he puts it in helping others as this is a one of a kind blessing.

anyway, it still really surprises me that if the winner decides to take the prize in one lump sum, they will only get half of the total price because of the taxes that will be taken out.

Many winners do that, they overlooked the money that will be cut as long as they have this feeling that they have the money that they've won even half of it, I would have done the same I will invest a big percentage in top Coins and I can recover half of the amount I've loss because of the tax cut.

[Joca97]

Just how lucky you have to be to win such a big amount. The winner probobly dosent want to wait and just wants the money. Even when the winner receives half its still too much money. But still the tax in the US is just to large. But still i guess the winner just wants the money. If it was me i would stay anonymous until i receive the money and hide it as much as possible. It can be risky if someone finds out that someone won that big amount of money.