Jan. 19, 2016
The Winner is...
by THS Media Gregory Miranda
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The winner is...Actually the winners ar three lucky people stretching from the east coast to the west coast, have their wildest dreams come true when realizing they have drawn the winning numbers 8, 27, 34, 4, 19 and lucky number 10.
Winning the lottery is a big deal but this time is different, as the winners each split the largest PowerBall Jackpot in history nearly reaching $1.6 billion, three ways. How it works is each winner receives $529 million each if they take a 29-year annuity or can opt to get a lump-sum payment of $328 million, all before taxes. While the chances of hitting this lotto were not great, at 1:292.2 million, two out of the three winners have one more reason to celebrate. Winner of the first lottery ticket which was sold in Chino Hills, Calif.who has yet to be identified but John Robinson from Munford, Tenn. struck gold twice as they dodge state lottery taxes on their winnings. “We’re going to take the lump sum, because we’re not guaranteed tomorrow,” Robinson said. “We just wanted a little big piece of the pie. Now we’re real grateful we got the big piece of the pie.” While the other winner comes from Melbourne Beach, Fla. who also has not yet been identified, it seemed as the locals were just as excited that it was near them. Carolyn Smith owner of Publix grocery store where the ticket was sold said, “We’re all fairly jubilant for whoever it is. A huge smile is on my face. Everybody knows everybody here and we hope that it’s someone local.” The winners were very cautious, by either not revealing themselves or taking a lump sum whichever it was, all are seeking to invest in a financial advisor to avoid the impossible feat of spending every last penny. |
Financial security set aside, with over $500 million, they could get just about whatever they’d like but here are some examples of what a budget like that could get.
Recently the PlayBoy Mansion was up for sale with a price tag of $200 million, leaving $300 million left over say for 1,500 Lamborghini Gallardos’ or fulfill a life fantasy to own an island for $50 million located just off Panama’s pacific coast named Cebaco Island but for that price tag renaming should not be a problem.
“I would keep investing it so I can make more money,” senior Joseph Quezada said. “But if I could choose one thing I’d like to buy my own private jet.”
How would you spend it? How would you go about everything?
Recently the PlayBoy Mansion was up for sale with a price tag of $200 million, leaving $300 million left over say for 1,500 Lamborghini Gallardos’ or fulfill a life fantasy to own an island for $50 million located just off Panama’s pacific coast named Cebaco Island but for that price tag renaming should not be a problem.
“I would keep investing it so I can make more money,” senior Joseph Quezada said. “But if I could choose one thing I’d like to buy my own private jet.”
How would you spend it? How would you go about everything?