$258 Million dollar powerball winner..

If i won, would i still get taxed by the IRS since i'm an Australian citizen ?

Our winnings dont get taxed but they are tiny (ie $50m was our max) compared to your jackpots.

 

If not, maybe i can arrange something with this fella lol

If i won, would i still get taxed by the IRS since i'm an Australian citizen ?

Our winnings dont get taxed but they are tiny (ie $50m was our max) compared to your jackpots.

 

If not, maybe i can arrange something with this fella lol

 

Yes you would pay I believe 30% tax up front. I won some money at a casino here as a non US citizen and had to pay tax up front.

It took you 4 years for that?!

In California you cannot get a loan as a lottery winner. Another little known fact is that the average time to bankruptcy after winning the lottery is 7.2 years.

 

I believe you cannot get a loan based on the income of the lottery winnings, but you could still apply for a loan based on dividends being paid, income from investments, etc just as any other person would.

 

That being said, i'm sure it would be pretty easy to work around.

 

If you win a 9 figure take, you shouldn't need a loan ever again, for anything.

 

double post

Yes you would pay I believe 30% tax up front. I won some money at a casino here as a non US citizen and had to pay tax up front.

 

And what if you went back to Norway, they can't tax you twice...

And what if you went back to Norway, they can't tax you twice...

No tax on prizes in Norway

Yes you would pay I believe 30% tax up front. I won some money at a casino here as a non US citizen and had to pay tax up front.

 

 

Win money in the casino over 2k (here at least) and get the forms for taxes

 

return to casino and withdraw money from ATM

 

claim you lost money at the casino

 

No taxes due

^ Ha thats pretty good. I've long wondered how people document gambling losses to the IRS.

This guy has "CON ME" written all over his back and forehead.

 

There was also the homeless guy who won the lottery, but because he was functionally illiterate he had a trusted friend help him cash the ticket. I don't remember what happened next but eventually she had him killed and took his earnings. For a long time no one even knew he was killed because he didn't have many friends

that was recent. Just happened down in florida and the "Friend" who had him killed is on trial now I believe. Of course she wasnt too intelligent either as they found his body in a relative or friend of hers back yard.....assuming that is the story you are talking about.

I believe you cannot get a loan based on the income of the lottery winnings

 

do alittle reading on structured settlement loans

Wow... Not a single lottery winner with a happy ending?

 

Wow... Not a single lottery winner with a happy ending?

Plenty...you just don't hear about em.

Yeah, the happy ones don't make for fun stories!

Wow... Not a single lottery winner with a happy ending?

nope..all of them had a sad/bad ending..remember when u win a lottery..give me the ticket..i'll be nice to help you take it.

nope..all of them had a sad/bad ending..remember when u win a lottery..give me the ticket..i'll be nice to help you take it.

 

 

And I'll take some as well. Winning the lottery is always bad. you go straight to hell. Give it to me, an atheist, as I am already headed there. Save yourselves!!! Give me the money!

And I'll take some as well. Winning the lottery is always bad. you go straight to hell. Give it to me, an atheist, as I am already headed there. Save yourselves!!! Give me the money!

 

 

 

Hell yeah!

Hell yeah!

I'll show you the money after i collect it..but i aint giving you nothing..you've got enough.

I'll show you the money after i collect it..but i aint giving you nothing..you've got enough.

 

 

You NEVER have enough!

remember when u win a lottery..give me the ticket..i'll be nice to help you take it.

"D Wiggs " Winning the lottery is always bad. you go straight to hell. Give it to me, an atheist, as I am already headed there. Save yourselves!!! Give me the money!

 

You guys are the Breast..... I mean Best!!

Been checking up on Past lottery winners....

 

"In 2006, Abraham Shakespeare , a barely literate 43-year-old truck driver, thought his luck had changed for the better when he won a $31 million Florida lottery prize. Instead, it was the beginning of worse troubles. He was reportedly hounded by friends and relatives asking for money. A year later, he was in court defending himself from an accusation of theft by a trucker who accused him of stealing the winning ticket from him while the two had been delivering meat to Miami restaurants. In 2008, he met Dorice "DeeDee" Donegan Moore, 37, who became his girlfriend and financial advisor. According to police, she managed to bilk him of $1.8 million before his death.

 

Shakespeare disappeared in April 2009, but his family continued to receive text messages purportedly from him on his cell phone. His family grew suspicious and reported him missing in November 2009. Moore, who was a person of interest from the start, proclaimed her innocence to CNN affiliate WTSP saying, "Abraham had a life of drama because of the money. The money was like a curse to him. And now it has become a curse to me."

 

Moore said she helped him disappear because he wanted to get away from all the people trying to get money from him. His body was found under a concrete slab on January 28, 2010, and identified a few days later. Moore made a first big mistake telling reporters that she was being accused of having "shot" another human being: Police had not publicly disclosed how Shakespeare had been killed.

 

But investigators had already been onto Moore, who had unintentionally led them to the victim by approaching an unidentified witness sometime between December 28, 2009, and January 21, 2010, looking for someone willing to confess to Shakespeare's murder and to move the body for $50,000. According to the witness, Moore also furnished the would-be patsy with the gun she said had been used to kill Shakespeare.

 

Moore was arrested and charged as an accessory after the fact to first-degree murder. She later told police that Shakespeare had been shot in an attempted robbery, and that she had tried to conceal his death. Police expect to make more arrests in this case."

 

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Jack Whittaker

 

On December 25, 2002, West Virginia building contractor Andrew Jackson "Jack" Whittaker Jr. won $315 million in the Powerball multi-state lottery, at that time the largest jackpot in history won by a single person. Whittaker, already worth an estimated $17 million at the time, famously pledged 10% of his winnings to various Christian charities and created the Jack Whittaker Foundation with another $14 million.

 

But with immense wealth also came legal problems. By 2004, Whittaker had spent $3 million fending off suits against his business, according to one of his attorneys. Whittaker became depressed and began to drink to excess. In 2003 he was arrested for DUI.

 

On August 5, 2003, thieves smashed the driver's window of his SUV, which was parked at the Pink Pony strip club in Cross Lanes, W.Va., and stole a briefcase containing $245,000 in cash and three $100,000 cashier's checks belonging to Whittaker. Whittaker, who had been drunk at the club and allowed to stay past its 3:00 a.m. closing time, notified police of the loss at 5:20 a.m. He claimed that he had been drugged and provided deputies with a urine sample to back his claim. Kanawha County Sheriff Dave Tucker noted that it was widely known that Whittaker routinely carried large amounts of cash with him, frequenting similar clubs and casinos. The stolen briefcase, cash and checks were found behind a nearby trash bin. Two club employees were later arrested for the theft. On January 25, 2004, thieves again broke into Whittaker's vehicle, this time taking an estimated $200,000 in cash that was also later recovered. And again in March 2004 his house was robbed of $85,000, a Rolex watch and an ostrich-skin jacket.

 

Things deteriorated further for Whittaker in September when the boyfriend of Whittaker's granddaughter (pictured above second from left) was found in Whittaker's home, dead from an apparent overdose. Soon after, the granddaughter herself went missing; she was found in December, concealed under a van near her new boyfriend's home, also dead from an apparent overdose. His granddaughter's boyfriend pleaded guilty a year later to hiding her body, to manufacturing a controlled substance, and to possession with intent to deliver.

 

Six weeks after the discovery his granddaughter's death, Whittaker's wife Jewell (pictured above next to Jack Whittaker) filed for divorce.

 

In January 2007, Whittaker reported to police that thieves had emptied his bank accounts through a series of fraudulent withdrawals. In March, Whittaker settled a wrongful death suit in the case of his granddaughter's first boyfriend. Whittaker had admitted to giving his deceased granddaughter a $2100 per week allowance and to only minimally supervising her even though she was in his custody.

 

In July 2009, Whittacker's daughter Ginger Whittaker Bragg (pictured above left), the mother of his dead granddaughter, was also found dead in her home of an apparent overdose. Authorities conducted an autopsy, though foul play was not suspected. When reached for comment, Whittaker, now with no family and no fortune, said "I wish I'd torn that ticket up."

 

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When Jeffrey Dampier and his first wife won a $20 million Illinois Lotto in 1996, he used the money to bring his family closer together, relocating his parents and family to Florida to enjoy his new prosperity. His marriage ultimately failed, but Dampier remarried and stayed in the vicinity. Many of his siblings moved to Florida as well to be close to him and their parents. He invested his winnings in a business, a gourmet popcorn store in Tampa, which thrived and employed some of his family.

 

But Dampier's generosity was, for some family members, evidently not enough. In July 2005 he was called to the apartment of his sister-in-law, Victoria Jackson, who told him she'd been having car problems. Once there, he was confronted by Jackson and her boyfriend, Nathaniel Jackson (no relation), who brandished a pistol and forced Dampier back into his van, kidnapping him. They bound his hands with his shoelaces, drove him to a dead-end street where, according to Victoria's attorneys, Nathaniel handed Victoria the gun and told her to shoot Dampier, or he would. Victoria shot and killed Dampier and the couple fled on foot. Since his family knew Dampier was planning to stop by Victoria's, it didn't take police long to connect the couple to the crime; they were arrested three days later. Nathaniel Jackson was in possession of $1,500 cash, which police believe was the remnant of several thousand dollars robbed from Dampier.

Forensic evidence gathered from the van linked the two conclusively to the shooting, and both were convicted. Victoria Jackson received three life sentences in September 2006, and Nathaniel Jackson received life in 2007.

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Rick Camat was one of 13 Starbucks co-workers who split an $87 million California Lottery jackpot in 2000; his $6.6 million share of the jackpot changed his life, but could not save it. In October 2004, Camat was shot and killed by Seattle police officers responding to a disturbance outside a nightclub in the SoDo neighborhood near Qwest Field. Camat's family claimed that he, his brother and some friends were outside the club, having decided not to go in, when a fight broke out near them. Camat's family claims Camat and his friends were swept up in the confusion, leading Camat to fire a gun in the air in an attempt to break up the fight. Police, on the other hand, maintain that officers witnessed Camat firing at a car to the west, confronted him and repeatedly ordered him to drop the gun before one officer shot him after he turned the gun towards police. Camat's family disputes the official account claiming that police fired without warning. Camat, shot repeatedly, died at the scene.

 

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Ibi Roncaioli was a mean drunk and may have a had a drinking problem. She chain-smoked and had gambling problems, all of which she was trying to hide form her husband, Dr. Joseph Roncaioli. She was in a miserable marriage with a man about whom she never had anything nice to say. They had been well off, but she burned through her gynecologist husband's $20,000 monthly salary and the $5 million she had won in the Canadian lottery in 1991. Ibi, who was in charge of the family finances, has been described as secretive. She hid money from her husband, though she was very generous with her children. On July 20, 2003, Joseph found out just how bad the family money situation was: they were heavily in debt and all the money was gone. He fatally injected Ibi with two local anesthetics and left here while he went to pick up their son. When they returned, she was dead. Joseph Roncaioli was found guilty of manslaughter in her death and was sentenced to seven years in prison in 2008.

On the first episode of the new season of How'd You Get So Rich with Joan Rivers tonight, there was a woman who had gotten rih by winning the lottery for $100 million about. I don't know if that was what she got from say a $300 million win and took it as a lump sum or that was the winning itself and she got a fraction of it though.

^^^ i thought that show was cancelled. guesss not