TroyinEwa/Perv Posted April 4, 2011 Report Share Posted April 4, 2011 But thing with USA lotteries they don't pay the amount as a lump sum, rather the total over 20 years, so even if everyone kicked in $'s, would they keep doing it year after year? Not can you opt for a lump sum payment, that's exactly what they did. New York state workers share $319 million lottery Reuters By Dan Wiessner – Thu Mar 31, 2:42 pm ET SCHENECTADY, New York (Reuters) – Seven state workers who won the $319 million Mega Millions lottery said on Thursday they are still deciding whether to split it with five unlucky co-workers who chose not to play this time around. Three women and four men who work as IT specialists and program managers at the New York Division of Housing and Community Renewal and live in the Albany suburbs came forward to claim the fifth largest Mega Millions prize in history. The so-called "Albany Seven" elected to take a lump sum payout, which amounts to $19 million after taxes each. Link Link to comment Share on other sites More sharing options...
khunsanuk Posted April 4, 2011 Report Share Posted April 4, 2011 Hi, "which amounts to $19 million after taxes each." Shit, that is only a bit more than 40% of the amount advertised. Sanuk! Link to comment Share on other sites More sharing options...
TroyinEwa/Perv Posted April 4, 2011 Report Share Posted April 4, 2011 Tax dollars hard at work. I think Uncle Sam LOVES big lotto winners. Link to comment Share on other sites More sharing options...
Nervous God Posted April 4, 2011 Report Share Posted April 4, 2011 19Millions is a LOT less than 40% of $139MIllion Link to comment Share on other sites More sharing options...
Central Scrutinizer Posted April 4, 2011 Report Share Posted April 4, 2011 19 mill each? 7 employees into 319 mill? Should be 45,500,000 thereabouts for an even split of the full 319,000,000 by 7. The state makes out well at 19 mill each!!!! Link to comment Share on other sites More sharing options...
khunsanuk Posted April 4, 2011 Report Share Posted April 4, 2011 Hi, "19Millions is a LOT less than 40% of $139MIllion" Yes, but 7 times 19M is about 40% Sanuk! Link to comment Share on other sites More sharing options...
Nervous God Posted April 4, 2011 Report Share Posted April 4, 2011 Ahhh each, still 19 million, would it hurt to each give him 200k? Link to comment Share on other sites More sharing options...
dave32 Posted April 5, 2011 Report Share Posted April 5, 2011 About 5 years ago at a Kaiser facility in Orange County there were several lab techs and admin people who won a multi-million jackpot from a ticket purchased in an office pool. Ironically, there were '7' also. I didn't know any of these cats but I knew several people who worked at the site. Not long after they won -- the lawsuits started, all basically from co-workers who said they had a 'verbal agreement' to be part of the pool. Interestingly, they (those not part of purchasing the winning ticket) all lost in court. And if memory serves, one of the attorneys involved got hit with a fine for bringing baseless claims and had to pay the legal fees for the original winners. The problem with tossing this guy a bone is that in some ways it gives him credibility and could encourage others. If there was no risk of that and would make him go away --> then sure. Note: I don't think the guy is an idiot for not playing, statistically there are millions of people that choose not to play the lottery every day and make the right choice. But, not all of them. I don't think he has a 'right' to any money per se, but that situation would suck. Link to comment Share on other sites More sharing options...
Whitney Posted April 5, 2011 Report Share Posted April 5, 2011 The guy was given the chance to buy into the lottery with the others, but he did not want to spend just $2. Oh well, I guess he can kick himself in the ass for the rest of his life for a poor decision. I would not give him anything, as he was given a fair chance to get in with the others to buy the ticket. Link to comment Share on other sites More sharing options...
Flashermac Posted April 6, 2011 Report Share Posted April 6, 2011 I'd like to buy in for a share. Is it too late to give them my two bucks? p.s. They can be nice and send him post cards from their travels to the Bahamas, Caribbean, Phuket etc. They should also bring him souvenirs. Link to comment Share on other sites More sharing options...
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