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Old 08-01-2016, 09:39 AM
 
557 posts, read 606,824 times
Reputation: 689

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Lottery = Polish 401k
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Old 08-01-2016, 09:41 AM
 
Location: NYC based - Used to Live in Philly - Transplant from Miami
2,307 posts, read 2,767,881 times
Reputation: 2610
If I won a lottery...things I can buy and invest on for me and loved ones...
One can always dream...
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Old 08-01-2016, 10:00 AM
 
Location: Londonderry, NH
41,479 posts, read 59,783,759 times
Reputation: 24863
I won the lottery when I got on the Freedom Bird in Saigon in 1967!
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Old 08-01-2016, 10:23 AM
 
Location: Mill Creek Hundred
310 posts, read 777,860 times
Reputation: 559
I invented the wheel just last week. I can sell you the plans for a nominal fee...
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Old 08-01-2016, 01:52 PM
 
17,310 posts, read 22,046,867 times
Reputation: 29663
Quote:
Originally Posted by unit731 View Post
The taxes will take about half.
So winner is not that rich.
Currently the highest bracket is 39.6%
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Old 08-01-2016, 02:59 PM
 
4,059 posts, read 5,620,293 times
Reputation: 2892
Quote:
Originally Posted by CrazyDave View Post
Didn't win the lottery
but I'm still breathing
still blessed with the ability
to work
and help others in need

Oh wait, guess I won the lottery
after all
Very nicely put

Though a bit of extra money wouldn't hurt anything, I imagine.
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Old 08-01-2016, 04:41 PM
 
1,679 posts, read 3,017,510 times
Reputation: 1296
Quote:
Originally Posted by City Guy997S View Post
Currently the highest bracket is 39.6%
The highest bracket is 43.8

Plus you are forgetting state taxes and the lotto taxes
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Old 08-01-2016, 07:01 PM
 
17,310 posts, read 22,046,867 times
Reputation: 29663
Quote:
Originally Posted by hartford_renter View Post
The highest bracket is 43.8

Plus you are forgetting state taxes and the lotto taxes
A. Please post your link to a 43.8 tax rate
B. NH doesn't have state income or "lotto taxes"

https://www.irs.com/articles/project...tax-rates-2016
39.6% of the amount over $466,950
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Old 08-02-2016, 07:21 AM
 
Location: Rural Wisconsin
19,804 posts, read 9,362,001 times
Reputation: 38343
Quote:
Originally Posted by CrazyDave View Post
Didn't win the lottery
but I'm still breathing
still blessed with the ability
to work
and help others in need

Oh wait, guess I won the lottery
after all
What a wonderful attitude to have! I wish that all the rest of us "lottery winners" could remember this.
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Old 08-02-2016, 07:47 AM
 
Location: Manchester NH
2,649 posts, read 3,544,214 times
Reputation: 4100
Quote:
Originally Posted by whocares811 View Post
What a wonderful attitude to have! I wish that all the rest of us "lottery winners" could remember this.
Just for the record I have have my "LIFE SUCKS It"S UNFAIR " pity me days too..but they are short lived in the face of the countless blessing God has given me
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