I know the Powerball winners!

[OhMari]

My sister-in-laws best friend Rhonda and husband and her 98 co-workers won the Powerball. $210 million. They bought the ticket at a place in Fond du Lac WI. This is the 3rd time "Ma & Pa's Convenient Store has sold a winning ticket. They actually call the place "Miracle Mile", because other stores has sold winning Powerball tickets with one mile of Ma and Pa's.


This group of people work at Sargento's in Plymouth WI. You know the shredded cheese you buy at the grocery store. I wonder if they are going to have 100 openings tomorrow morning at Sargento, or if they are all going to keep their jobs.

 

[clarabelle]

2 mil won't go as far as you would think. I hope they don't do anything too rash
Taxes will take a big chunk right?
Good for them.

 

[snels]

That's great! The state of WI will take a big chunk out for taxes, and so will the feds.

 

[MsDisney23]

That is so neat!

 

[sweetpeakaris]

Awesome they won

 

[SillyMe]

2 mil won't go as far as you would think. I hope they don't do anything too rash
Taxes will take a big chunk right?
Good for them.

Well, it sure as hell would help me out ALOT. I'd be ecstatic if I even won $1mil.

I'm glad to see a bunch of people won the money and not just one person.

 

[raammartin]

Congrats to them! That's awesome! DH bought 3 tickets yesterday so I reckon we didn't win.

 

[ducklite]

Even after taxes, they'll each get over $1.25M. Invested safe and conservatively it will still get them over $60K a year without ever touching the principle.

That would be enough for many people to retire on.

Anne

 

[MickeyMickey]

Actually if they took the cash option they would only get about $600,000,
id they took it over 30 years they would get a little over $1 million

 

[clarabelle]

Don't get me wrong -I would be ecstatic and I am thrilled for the winners.
But I hope they don't tell their boss to shove it and buy a mansion and a boat and wind up with more debt than they started (I have heard those kinds of stories)

 

[ducklite]

Don't get me wrong -I would be ecstatic and I am thrilled for the winners.
But I hope they don't tell their boss to shove it and buy a mansion and a boat and wind up with more debt than they started (I have heard those kinds of stories)

Back when I was working at a bank as a loan officer I had a guy come in--exactly that. He had won several million in the lottery about five years earlier, and it was all gone. He was broke and his house was very close to foreclosure, he was trying to refinance but he had ruined his credit with huge credit card debts--most of it spent on his homies who had abandoned him one the money was gone.

On the other hand I was working at a different bank, and an elderly gentleman walked in the door. He seemed a bit "lost" so I walked over and asked him if I could help him. He carefully took two pieces of paper out of his pocket, laid them on the counter, and smoothed them out, and very quietly said, "Ma'am, I'd like to buy a house."

He was obviously a man who had worked very hard in his lifetime, tried to be a good man, very respectful, very humble, but ignorant. (And I mean that in a literal way, not a rude way.) I looked at those pieces of carefully smoothed paper, and they were two lottery checks for a total of about $35,000.

I took him to my desk and we sat down and talked a bit. He had indeed come from humble beginnings, the son of sharecroppers, the grandson of freed slaves. I called a Realtor friend who I knew would respect him and look out for his best interests. The gentleman didn't even have a bank account, had paid everything in cash his entire life. I handed him over to a platform officer who helped him open a savings account and deposit those two checks.

He came to visit me a few days after he closed on his house, and I swear he was ten inches taller. His face beamed with pride as he showed me the keys to his house. HIS house. He told me he was going to plant a garden, something he had longed to do his entire adult life and never been able to as he always rented. I still think back on that gentleman, and hope he had many long and happy years in that home, chasing rabbits from his garden and enjoying the fresh air and sunshine.

Anne

 

[WonderfulDreamer2]

Wow Ann, that was a great story. It put a smile on my face at the end of a hard day.

 

[L107ANGEL]

OMG Anne I am sitting here with tears!!! Thank you!!!

 

[Imzadi]

Anne, that story put a smile on my face AND tears in my eyes.
The first guy you talked about wouldn't be M.C. Hammer, would it?

OP, I'm glad the $210M powerball got spread out over 98 people. I'd rather that than one or 2 people getting it all.

 

[pozey]

Actually if they took the cash option they would only get about $600,000,
id they took it over 30 years they would get a little over $1 million

This is correct. If - IF - they take the cash option, it would be 92.7 million. Divide that by 100 people, and that would be less than $1 million per person. And that is BEFORE taxes. After taxes.....probably right around $600,000.

Edit to add.....Congrats to the winners....I don't care how much they won....they will at least be able to pay off all their debts.

 

[OhMari]

Anne, that story put a smile on my face AND tears in my eyes.
The first guy you talked about wouldn't be M.C. Hammer, would it?

OP, I'm glad the $210M powerball got spread out over 98 people. I'd rather that than one or 2 people getting it all.

It was 100 people. My sister-in-laws friends are husband and wife and they are part of the 100 people. Sorry I didn't clarify that to well. LOL

Maybe Sargento's financial office will help these people out-that was the rumor this afternoon, I'm sure sargento don't want to loose 100 workers either.

 

[jfulcer]

I KNEW I should have stopped and bought a lottery ticket when I drove through Fondulac yesterday. I just KNEW it!!!!

At least the speed limit is now 65 through there - I'm sure their ticket income will be considerably less.

 

[roseprincess]

Happy for the people that won! At the cheese factory ,too!
Go cheeseheads!

 

[roseprincess]

I KNEW I should have stopped and bought a lottery ticket when I drove through Fondulac yesterday. I just KNEW it!!!!

Sorry, Jeff Maybe next time


Rosemarie

 

[OhMari]

I KNEW I should have stopped and bought a lottery ticket when I drove through Fondulac yesterday. I just KNEW it!!!!

At least the speed limit is now 65 through there - I'm sure their ticket income will be considerably less.

LOL, it is back down to 45, they only opened it up for the EAA in Oshkosh, to help traffic flow. They will open it again Labor Day, but then 45 till November. I drove by Ma & Pa's twice and thought about it, but bought mine at my local BP gas station.