Page 1 of 2 12 LastLast
Results 1 to 20 of 26
  1. #1
    sweetbet's Avatar
    sweetbet is offline Private Member
    Join Date
    November 2012
    Posts
    2,819
    Blog Entries
    5
    Thanks
    899
    Thanked 1,582 Times in 1,089 Posts

    Default The US Powerball jackpot reaches $1.3 Billion dollars

    The largest Powerball jackpot in world history, and the draw will take place in a few days. Have you bought a ticket yet? I've purchased 3 tickets I have no idea what I'd do if I won. What would you do?
    Sweet Bet - Reviews of reputable online casinos, poker sites, sportsbooks & bingo halls
    USA Online Casinos | Canadian Online Casinos | Bitcoin Casinos | Live Dealer Casinos | Free Spin Casinos | US Online Casinos

  2. #2
    Renee's Avatar
    Renee is offline Sponsor Affiliate Program
    Join Date
    August 2005
    Posts
    9,064
    Blog Entries
    6
    Thanks
    6,633
    Thanked 3,519 Times in 2,198 Posts

    Default

    You can purchase tickets if you're not a US resident?

    Can you link me up please?
    __________________
    Renee, Affiliate Program Manager
    http://www.RewardsAffiliates.com
    Affiliate Program for CasinoRewards.com
    Best Affiliate Manager - CAP Awards 2008
    Best Casino Affiliate Manager - CAP Awards 2009
    Best Casino Affiliate Manager - iGB Affiliate Awards 2010

  3. #3
    Casinorep's Avatar
    Casinorep is offline Public Member
    Join Date
    November 2002
    Posts
    939
    Thanks
    147
    Thanked 268 Times in 202 Posts

    Default

    The odds as of yesterday for winning is 1/178M, and I have a much much much much much higher chance of becoming super wealthy from being an igaming affiliate.

  4. The Following 2 Users Say Thank You to Casinorep For This Useful Post:

    MrBinaryAff (11 January 2016), Vrindavan (13 January 2016)

  5. #4
    sweetbet's Avatar
    sweetbet is offline Private Member
    Join Date
    November 2012
    Posts
    2,819
    Blog Entries
    5
    Thanks
    899
    Thanked 1,582 Times in 1,089 Posts

    Default

    Quote Originally Posted by Renee View Post
    You can purchase tickets if you're not a US resident?

    Can you link me up please?
    Sure Renee

    https://www.thelotter.com/
    Sweet Bet - Reviews of reputable online casinos, poker sites, sportsbooks & bingo halls
    USA Online Casinos | Canadian Online Casinos | Bitcoin Casinos | Live Dealer Casinos | Free Spin Casinos | US Online Casinos

  6. The Following User Says Thank You to sweetbet For This Useful Post:

    Renee (11 January 2016)

  7. #5
    universal4's Avatar
    universal4 is offline Forum Administrator
    Join Date
    July 2003
    Location
    Courage is being scared to death...and saddling up anyway. John Wayne
    Posts
    27,397
    Thanks
    2,033
    Thanked 7,780 Times in 4,907 Posts

    Default

    Most states don't allow you to purchase one legally unless you are present to purchase one.

    Some states allow you them to be purchased for you by a friend or relative, but legally you can not pay for them or trade anything of value for them.

    In other words you can not legally log in anywhere and pay to have someone else purchase them for you. Also most states do NOT allow the to be mailed.

    http://www.flalottery.com/faq.do
    https://www.law.cornell.edu/uscode/text/18/1302

    Rick
    Universal4

  8. The Following User Says Thank You to universal4 For This Useful Post:

    -Shay- (11 January 2016)

  9. #6
    ElaineGardiner's Avatar
    ElaineGardiner is offline Non-sponsor Affiliate Program
    Join Date
    January 2010
    Location
    Malta
    Posts
    708
    Thanks
    421
    Thanked 461 Times in 238 Posts

    Default

    Our office conversation this morning has been what we'd do if we had $1 billion and if we'd still work or not. I think i'd start my own company doing something that I loved. While being rich would be awesome, I think i'd miss having something to get up for in the morning (other than the chef preparing my breakfast!)

    I'll def be buying a couple of tickets and keeping my fingers crossed.

    On a side note, if you think you're players would be interested - our site Eurolotto.com have powerball tickets. As Rick said above you can't purchase actual tickets, but this is more of a bet on the outcome and the prize is still the same.

  10. #7
    JackTenSuited is offline Private Member
    Join Date
    March 2004
    Posts
    1,014
    Thanks
    23
    Thanked 340 Times in 208 Posts

    Default

    Is it really 1.3bn though? Maybe when you take yearly payments over 30 years but it seems a cheeky way of phrasing it as the lump payment is far less which is how much you really get....

    Not to mention the taxes....

  11. #8
    universal4's Avatar
    universal4 is offline Forum Administrator
    Join Date
    July 2003
    Location
    Courage is being scared to death...and saddling up anyway. John Wayne
    Posts
    27,397
    Thanks
    2,033
    Thanked 7,780 Times in 4,907 Posts

    Default

    I think the lump sum is 800 plus million before taxes.

    Rick
    Universal4

  12. #9
    universal4's Avatar
    universal4 is offline Forum Administrator
    Join Date
    July 2003
    Location
    Courage is being scared to death...and saddling up anyway. John Wayne
    Posts
    27,397
    Thanks
    2,033
    Thanked 7,780 Times in 4,907 Posts

    Default

    So Elaine, are you saying that if a player picks the winning numbers for the powerball, you will pay them 800 million dollars even though they didn't have a winning ticket?

    Rick
    Universal4

  13. #10
    jiriprochazka's Avatar
    jiriprochazka is offline Public Member
    Join Date
    July 2015
    Posts
    45
    Thanks
    0
    Thanked 11 Times in 10 Posts

    Default

    I have not bought a ticket yet, but I'am thinking about it. It's a huge amount

  14. #11
    ElaineGardiner's Avatar
    ElaineGardiner is offline Non-sponsor Affiliate Program
    Join Date
    January 2010
    Location
    Malta
    Posts
    708
    Thanks
    421
    Thanked 461 Times in 238 Posts

    Default

    Hey Rick, in a word YES Well, the actual amount you’d get really depends on the amount of winners, eventual jackpot amount etc…please see a more detailed answer below!


    The PowerBall offered at EuroLotto is a Bookmaker game based on the American “Powerball” lottery organised by the Multi-State Lottery Association (MUSL). The jackpot winnings payable by EuroLotto/the bookmaker will depend on the number of winning jackpot tickets announced by MUSL, the number of winning bets at EuroLotto and the payable Prize by the MUSL. It is intended that a player at EuroLotto, who chooses to bet on PowerBall is put in the same or in a better economic position as if they had played the underlying lottery.


    So, if a EuroLotto player matches all 5 numbers + the powerball:
    • The jackpot amount will be equal to the jackpot announced by the MUSL, less 35% withheld by the bookmaker. 35% is the approximate amount the US government impose on winning players in taxes.
    • If a EuroLotto player has a winning bet; AND the MUSL announce a winner; EuroLotto will pay the sum the player would have received if he played and won the Powerball in the US (he would be one of two winners).
    • As is common with the MUSL Powerball lottery, EuroLotto/the bookmaker also pays out Jackpot winnings over 30 years (the “Annuity Option”). The first payment will be made as soon as possible after the draw, with the next 29 payments at one-year intervals. The level of payments is calculated such that the payments rise 4% from year to year until the full sum has been paid out. The option to receive one lump sum (“Cash Option”) is not yet available at EuroLotto.
    • For clarity; if a winning ticket is purchased in the US, players can choose to receive the full amount in 30 graduated annuity payments throughout 29 years, minus taxes; or receive approximately one-half the advertised prize amount in one lump payment, minus taxes.

    I don't really want to de-rail this thread, so if you or anyone has any further questions, just pm me.

    Fingers crossed everyone!

    Elaine

  15. #12
    universal4's Avatar
    universal4 is offline Forum Administrator
    Join Date
    July 2003
    Location
    Courage is being scared to death...and saddling up anyway. John Wayne
    Posts
    27,397
    Thanks
    2,033
    Thanked 7,780 Times in 4,907 Posts

    Default

    So a winner would get 800 million, (approximate figures from the news last night) less 35% (net around 520 million) and then they would pay the taxes on that balance.

    Interesting how one can win the lottery without buying a lottery ticket.

    Rick
    Universal4

  16. #13
    GPWA Aaron is offline Private Member
    Join Date
    July 2006
    Location
    Needham, MA
    Posts
    451
    Thanks
    40
    Thanked 144 Times in 64 Posts

    Default

    If you're going to buy them from overseas, buy them from the Oregon State Lottery.

    http://www.nbcnews.com/news/us-news/...ackpot-n477441

    (I am not a lawyer nor am I a lottery expert)

  17. #14
    Renee's Avatar
    Renee is offline Sponsor Affiliate Program
    Join Date
    August 2005
    Posts
    9,064
    Blog Entries
    6
    Thanks
    6,633
    Thanked 3,519 Times in 2,198 Posts

    Default

    Quote Originally Posted by universal4 View Post
    Most states don't allow you to purchase one legally unless you are present to purchase one.

    Some states allow you them to be purchased for you by a friend or relative, but legally you can not pay for them or trade anything of value for them.

    In other words you can not legally log in anywhere and pay to have someone else purchase them for you. Also most states do NOT allow the to be mailed.

    http://www.flalottery.com/faq.do
    https://www.law.cornell.edu/uscode/text/18/1302

    Rick
    Universal4
    I thought that would be the case but it looks like the website sweetbet gave will go and purchase it for you and send you a copy of the ticket.

    Quote Originally Posted by sweetbet View Post
    Merci

    Quote Originally Posted by universal4 View Post
    I think the lump sum is 800 plus million before taxes.

    Rick
    Universal4
    We were just discussing this in the office. That's a lot to be taken away, and then tax on top. Although what would be the difference between 20m per month and 50 mill per month. You'd still have no ******* idea what to do with most of it.

    This is my favourite.

    https://youtu.be/mDt76UwudZw
    __________________
    Renee, Affiliate Program Manager
    http://www.RewardsAffiliates.com
    Affiliate Program for CasinoRewards.com
    Best Affiliate Manager - CAP Awards 2008
    Best Casino Affiliate Manager - CAP Awards 2009
    Best Casino Affiliate Manager - iGB Affiliate Awards 2010

  18. The Following User Says Thank You to Renee For This Useful Post:

    GPWA Aaron (12 January 2016)

  19. #15
    Miles_FTA's Avatar
    Miles_FTA is offline No longer with Fast Track
    Join Date
    May 2010
    Posts
    1,490
    Thanks
    121
    Thanked 540 Times in 405 Posts

    Default

    Jeeze what I could do with 0.01% of that ... i am not greedy too much money for one person that ...

  20. #16
    ElaineGardiner's Avatar
    ElaineGardiner is offline Non-sponsor Affiliate Program
    Join Date
    January 2010
    Location
    Malta
    Posts
    708
    Thanks
    421
    Thanked 461 Times in 238 Posts

    Default

    Quote Originally Posted by Renee View Post

    This is my favourite.

    https://youtu.be/mDt76UwudZw

    hahaha!!

  21. #17
    GPWA Aaron is offline Private Member
    Join Date
    July 2006
    Location
    Needham, MA
    Posts
    451
    Thanks
    40
    Thanked 144 Times in 64 Posts

    Default

    The jackpot is now up to $1.5 billion, in large part thanks to idiots like me. I e-mailed the players in my home poker game asking if everyone wanted to pool $5 each for tickets. Their response? Let's go for $20! Now I have to go buy $180 worth of tickets and make sure they all remember to pay me back ...

  22. #18
    Gambleri is offline Public Member
    Join Date
    July 2015
    Posts
    22
    Thanks
    3
    Thanked 11 Times in 9 Posts

    Default

    Yeah nobody's winning $1.3 billion. The cash amount you stand to win instantly is a little over $800 million which, after taxes, comes to less than $500 million. Still a lot of money, obviously, but a far cry from the advertised $1.3 billion.

  23. #19
    JackTenSuited is offline Private Member
    Join Date
    March 2004
    Posts
    1,014
    Thanks
    23
    Thanked 340 Times in 208 Posts

    Default

    Quote Originally Posted by Gambleri View Post
    Yeah nobody's winning $1.3 billion. The cash amount you stand to win instantly is a little over $800 million which, after taxes, comes to less than $500 million. Still a lot of money, obviously, but a far cry from the advertised $1.3 billion.
    Yeah, seems pretty shoddy that the advertised jackpot isn't what you actually get as a lump sum but what it amounts to over 30 years.

  24. #20
    Gambleri is offline Public Member
    Join Date
    July 2015
    Posts
    22
    Thanks
    3
    Thanked 11 Times in 9 Posts

    Default

    Quote Originally Posted by JackTenSuited View Post
    Yeah, seems pretty shoddy that the advertised jackpot isn't what you actually get as a lump sum but what it amounts to over 30 years.
    Any other business doing the same would be committing fraud. The government gives itself a pass, though.

  25. The Following User Says Thank You to Gambleri For This Useful Post:

    Renee (12 January 2016)

Page 1 of 2 12 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •