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@paidtourist6563 Жыл бұрын
Bro, you said Likoma Island doesn't exist??? 😂😂 It's an island in East Africa
@shize9ine Жыл бұрын
gonna have to update this list now. 1.58B out of Florida.
@albertbas2837 Жыл бұрын
Am I the only one who mentioned miswriting of the numbers? Like, if you say one billion five hundred millions and thirty seven dollars, ots not 1,500,360,000 oh my god, how can people be so uneducated ?
@andrewmorales5485 Жыл бұрын
I don't need all that money at least $5 million dollars to $10 million dollars be enough for me
@guadalupelazar23848 ай бұрын
Not cheating? Yah right
@KILLA-CARPENTER Жыл бұрын
Congratulations to the US government for being the largest lottery winner’s ever!
@movingforwardfco15875 ай бұрын
Biggest losers are the people of this country.
@Jonathan-bu8yi4 ай бұрын
Yeah taxed remember
@Justin_Credable3 ай бұрын
Basically 😆
@buzzgreen54652 ай бұрын
US government is not involved. It's the states but yea the fed does collect the taxes but doesn't profit directly like the states do.
@MM-km5zfКүн бұрын
and they still can't pay off their (now ours) debts
@Slim1962 Жыл бұрын
The biggest guaranteed winner is the IRS
@racerx4152 Жыл бұрын
I heard on the news awhile back that the US government was going to hire eighty thousand new IRS agents and they were going to be armed with guns.
@jackiemattis9376 Жыл бұрын
All the time😢
@mrmaze2463 Жыл бұрын
Lol facts
@samuelj2408 Жыл бұрын
its practically FREE money, so its all good.
@Paul-qo1hb Жыл бұрын
Sure are and you don't mess with them.
@moshesierra6849 Жыл бұрын
Damn from $550 million to $150 m after taxes ! Insane
@mib20000 Жыл бұрын
its not all taxes. taking the lump sum takes 50% and then the taxes are taken
@ANARCHY_13 Жыл бұрын
@@mib20000Whatever! The Government organizes a lottery and the Government robs lottery winners.
@CulturedWhiteBoy Жыл бұрын
Can't be right.
@dayancarrillo9450 Жыл бұрын
Crap I'll be happy with 1 million
@CulturedWhiteBoy Жыл бұрын
@@dayancarrillo9450 No, you wouldn't be.
@MatjieLesudi Жыл бұрын
The US tax rate on jackpot winnings is completely unjustified. Thats between 65-70% tax is should be declared a crime against humanity
@HAL_NINER_TRIPLE_ZERO Жыл бұрын
Nope 37% to Uncle Sam. The lump sum payout is much less than the advertised jackpot.
@Ray-z1o Жыл бұрын
All tax rates are unjustified. Especially our payroll
@daultinebrophy5093 Жыл бұрын
😮🎉
@zensational. Жыл бұрын
Yeah without even giving a chance to make investments like current mega-rich use to avoid taxes all together. Just swipe it right out from under folks immediately.
@ichironca Жыл бұрын
Imagine if there was a Powerball/Mega Millions in 1962. Top tax rate was 91 percent! Chew on that for a bit.
@CatalinaFOIA Жыл бұрын
If you win a huge jackpot; 1) before claiming your prize speak with an attorney 2)speak to a financial advisor 3) do not tell anyone 4) do not reveal yourself (remain anonymous) 5) keep the exact same inner circle with the exception of financial advisors, banker(s), investments
@wilpri Жыл бұрын
Watch again. Anonymity is not necessarily an option.
@malachibrown3270 Жыл бұрын
What does an attorney do
@winnsbro1995 Жыл бұрын
@@malachibrown3270nothing
@jimmchemings6140 Жыл бұрын
@@malachibrown3270Represent you so you can remain anonymous
@toddhellyar416711 ай бұрын
Move to an alternative address under an alias. Get security.
@blucorn81 Жыл бұрын
The amount of tax lottery winners pay in the US is crazy! In the UK winners pay nothing! The lottery is deemed as gambling in the UK which attracts 0% tax!
@bigredc222 Жыл бұрын
We pay taxes on gambling winnings also, but you guys pay a hell of a lot more income tax.
@HAL_NINER_TRIPLE_ZERO Жыл бұрын
@@bigredc222 But they don't pay for health insurance.
@cac2821 Жыл бұрын
If your foreign and win the jackpot in the US, your taxes paid out are lower. I about sh!t when I checked into it and found out it was the truth!
@BradyMurdock Жыл бұрын
@@HAL_NINER_TRIPLE_ZERO Yes we do, it's included in all our taxes. Insurance doesn't just fall out of the sky. The middle class bears the brunt.
@christhompson6010 Жыл бұрын
@Berley_1234 Lol...its free money. 100 million for the price of a ticket is a windfall
@gojosgirl6487 Жыл бұрын
"He'd only have a measley $25,000,000 left." Yep, the stuff of nightmares
@tarikhamou6222 Жыл бұрын
Gave me shivers
@winnsbro1995 Жыл бұрын
Yet a lot more than what he had
@princemc358 ай бұрын
Hes poor now?
@floptime Жыл бұрын
In America you get taxed for stepping out of your house for a walk.
@pollyg562 Жыл бұрын
R U SURE????
@destia22 Жыл бұрын
🤣😂🤣😂
@darinabstonjr9512 Жыл бұрын
IKR
@barrywainwright3391 Жыл бұрын
It certainly feels that way. Some time there will probably be a fresh air oxygen tax.
@bigbosspamfontejon8190 Жыл бұрын
😂😂😂 more than a robbery and like a walking money
@bigredc222 Жыл бұрын
The point of investing in a hotel is to make money, if you hit the lottery, you don't need to make anymore money, just put the money in something super safe. Hotels and restaurants are some of the riskiest things to invest in.
@dinhnyboy007 Жыл бұрын
Monopoly lied to me
@dansaks896111 ай бұрын
I would in gold because it keeps going up in price. Gold coins and gold bars.
@rajadey49199 ай бұрын
We invested in properties...lands, apartments...after about twenty five years later we made ×15 times to that of the principal amount invested.
@LaVander-ht9ne8 ай бұрын
And bars/clubs. I'd rather buy a liquor store.
@bigredc2228 ай бұрын
I wasn't able to get to the store yesterday to buy maga millions tickets, so someone else won my 1.13 billion.
@mystscot9814 Жыл бұрын
Do you know one thing I cannot get my head around, it's the fact the Government takes so much tax on the winnings. What I mean is people have probably already paid taxes on their salaries which are used to buy lottery tickets. All it seems is a take take culture in The States with the lottery. Seems so unjustified. Here in the UK, the Government doesn't take any tax on the winnings of the lottery or any gambling.
@zaar6721 Жыл бұрын
Almost same in sweden. Gambling were there is not any strategy behind and just pure luck. Your don't pay any taxes in. Strategy gambling where you can "beat the system" /betting on games/matches by being knowledgeable in for an example horse races, football matches , you need to pay taxes. 💫 But lottery, scratchers tax free 😊
@royal_gambit_e4 Жыл бұрын
I think nobody would believe that. There can not be a tax free lottery anywhere on this world. Usually it's 50% from the prize.
@mystscot9814 Жыл бұрын
@@royal_gambit_e4 we have indeed a tax free lottery in the UK, Google search The UK National Lottery, everything is there to explain our lottery system 👍
@celebritieslivestream6783 Жыл бұрын
@@zaar6721vad snackar du om bror??? No he’s lying. There is no tax on any winnings in Sweden.
@mushypeeze3545 Жыл бұрын
@@royal_gambit_e4 Nonsense: Check your facts first.
@HAL_NINER_TRIPLE_ZERO Жыл бұрын
I see so many people posting here who don't understand how the lottery prize amount works. When the lottery says the jackpot is 1,000,000,000 (1 billion) that is the estimated annuitized dollar amount. Meaning if you take the announced prize amount, you will get 1 billion paid out to you over 30 years. The lottery uses the prize money to purchase an annuity which earns interest over that 30 years. That prize money is therefore less than the announced jackpot. This dollar amount is the lump sum payout that a winner has the option to take instead of the annuity. It is the dollar amount the lottery would have invested for you to buy the annuity. And the difference between the announced prize and the lump sum payout amount is dependent upon prevailing bank interest rates. Right now (7/2023) the lump sum payout is just a bit over 50% of the announced jackpot for both Powerball and Mega Millions. When you are taxed by the US government, you will be taxed at 37% on the amount that is paid to you. Whether it is the annual annuity or the lump sum. If you take the lump sum, you pay that only once. If you take the annuity, you will pay taxes every year for 30 years. If you take the lump sum and invest it, you will pay taxes in subsequent years (capital gains, dividends paid or interest) which are taxed at much lower rates than normal income. This is why most financial advisors will recommend you take the lump sum amount. So using the numbers above, a $1B jackpot taken as a lump sum will hand you a check for $500M less the 20% they withhold up front. so just about $400M goes into your bank account. You will still owe about another $85M when you file taxes for that year. That leaves an after tax net of $315M to do with as you wish. Uncle Sam is NOT taking 70%.
@nettyballball497 Жыл бұрын
This not for all states but yes your correct, Thank you fot sharing the info we appreciate you.✊🏾☮!!!
@advocate1472 Жыл бұрын
Anyway you lose 70%
@HAL_NINER_TRIPLE_ZERO Жыл бұрын
@brunoutechkaheeros1182 Reading comprehension is not your strong suit, is it?
@axiomist4488 Жыл бұрын
Im not going to cry about getting ONLY $315 MILLION dollars . Let them keep whatever, I'll make out just fine with the $315M , and dont forget, that money is gonna be making a lot of interest too .
@Icannotlose Жыл бұрын
I’m confused. So who/where does the 60% go to?
@optimusprime1634 Жыл бұрын
From 533million to 175 million. Tell me that's not highway robbery?
@StomerMadGermzOfficial Жыл бұрын
The IRS are vampires ..😂
@nicolebaii8447 Жыл бұрын
Frfr the IRS are leeches from the depths of hell..
@wandafendell3072 Жыл бұрын
Yes the hell it is we really need to say something about this In Jesus holy name
@Steve-pw8sm Жыл бұрын
They robbing us without a gun
@chriskarsseboom22009 ай бұрын
That's what the rich pay.
@residentevilumbrella20017 ай бұрын
This is a true but sad story. The winning lottery drawing on July 29, 2022, my dad and I played for that game. After the winning numbers were drawn, he knocked on my door and I thought that this could be it: we're winners. No, he knocked on my bedroom door to tell me he was having a heart attack and needed to go to the hospital -- he passed away 8 days later. I thought that night was going to be a life-changer in a good way, but it was life-changing in the worst way.
@deekang62445 ай бұрын
I’m sorry.
@MrFleur01165 ай бұрын
Wow .. my condolences .
@demo1794 ай бұрын
So sorry for your loss
@freddycureton4 ай бұрын
Sorry God bless 🙏🏾
@Jacobcampos-ye3qh3 ай бұрын
That's tragic sorry reality hit hard sometimes
@ashnybritish5057 Жыл бұрын
It's my turn to win the lottery millons AMEN.❤😊
@D72edits Жыл бұрын
Good luck hopefully I can eventually went to
@anto42628 ай бұрын
Give me 2 million
@woodworkingandepoxy643 Жыл бұрын
Theres one thing I think keeps most people from winning. Most of us have it in our minds we'll never win but fail to realize somebody will eventually and we all have just as much of a chance as anyone else
@larrywhittaker9901 Жыл бұрын
MAYBE 😐
@laurakibben414710 ай бұрын
No. We really don't.
@Run_IT_Riddler9 ай бұрын
That’s actually a pretty smart and genius way to put it. I am doing tonight’s Oklahoma $735,000,000 lottery and will be just as lucky as whoever else is walking in to buy a Dr. pepper and 3 tickets hoping so. lol. Just imagining the mere and avid feeling of excitement mixed with anxiousness/paranoia seconds after knowing you won… is what I look forward to and want more than anything, just the sigh of relief knowing EVERYTHING changes right this moment, and I went from irrelevant to being so wealthy that anyone I will have power over and will be happy to know me lol. I would help so many people tho.
@chazdavis16448 ай бұрын
Each play has a one and 292 million or one and 305 million chance of winning Powerball/mega millions respectively
@zarifshoeb3 ай бұрын
@@chazdavis1644same odds as anyone else with one lottery ticket.
@inspirationwithnicole Жыл бұрын
That’s way too much taxes! Good thing in the U.K., you get ALL the money. NO taxes, and you have a choice of staying anonymous.
@jweems47 Жыл бұрын
Yeah, but U.K lotteries don't com close to the size of U.S lottery.
@100RawBalance Жыл бұрын
@@jweems47well if u remove all the like 70-80% of ur win that the US take in different tax forms its not far off.
@jweems47 Жыл бұрын
@@100RawBalance If it's under 500 million, I would agree. But when it's up to 700, 800 hundred million or into the Billions, not a chance.
@inspirationwithnicole Жыл бұрын
@@100RawBalance I agree
@TomSir79 Жыл бұрын
It's the same in Germany too. You'll get ALL theMoney AND can decide to stay anonymous. Which i would do if i ever won the Lottery.
@shannonburt2636 Жыл бұрын
I won the powerball jackpot!!! I am so grateful ❤
@johnreinburg859 Жыл бұрын
Congratulations!
@ericcastillo207 Жыл бұрын
I'm with you let's manifest it into reality!
@XANSEM Жыл бұрын
Believe it to receive it
@edgeGabe Жыл бұрын
Bless you.
@racerx4152 Жыл бұрын
don't tell anyone your name.
@MatchaCocoaDog Жыл бұрын
Anonymity for winners should be the rule in all states.
@2020Bookworm Жыл бұрын
The problem with some of them is that when they win the lottery , they think that means that they'll automatically fit in with the country club set, and it doesn't quite work like that.
@ChurchMouse22 Жыл бұрын
Last place I'd be going is the country club 😂
@bigredc222 Жыл бұрын
What makes you think lottery winners are joining country clubs? I'd buy 10 or 20 thousand acres to get away from people. It would take 15 minuets just for me to get from my house to a public road, if I wasn't using the helicopter.
@cac2821 Жыл бұрын
Old money don’t like new money and they seclude new money. But if you won that type of money, do you seriously need old monies approval? Hell no
@daleksupreme2913 Жыл бұрын
I'd pay to not fit in with the country club set
@sungaze342 Жыл бұрын
@@ChurchMouse22FACTS Tf I care about being in a county club 😂😂😂
@peanutsarecheap1997 Жыл бұрын
Who ever the "Power Pack" is they're straight geniuses. Keep THAT money safe 🙏💕
@nevidstubbs7763 Жыл бұрын
I wish them all long life health wealth and prosperity.
@Goyanks28 Жыл бұрын
I’m winning the $1.25 billion dollar mega million jackpot this coming Friday! I’m helping out animals and the poor with my winnings.
@TheEdits333 Жыл бұрын
Yes you will win.
@lucerocastaneda9497 Жыл бұрын
Im poor, help ME!
@wilpri Жыл бұрын
When I win, I'm using it to change the laws.
@tamilla84845 ай бұрын
Did you win?
@mak.lee_pnw50983 ай бұрын
Did you manifest that…?
@ahrenb3393 Жыл бұрын
The tax is PHUCKIN wild 😂😂😂😂
@ad7543 Жыл бұрын
I won $4 and stayed anonymous lol.
@pinkgirlgaminghappypink6977 ай бұрын
🤣
@theentertainmentalltypeofv26425 ай бұрын
😂😂😂😂😂😂
@stevesalkas912828 күн бұрын
Hope you spent it well
@eljaime3839 Жыл бұрын
Dammmmm the IRS is the real winner of the lottery money 🤦🏻♂️
@Erati243 Жыл бұрын
It is absolutely absurd that you get less than 35% of the actual jackpot with a lumpsum payout.
@siatha_lee3793 Жыл бұрын
Just imagine that. That's stealing from winners
@Youngerick1990 Жыл бұрын
It’s still life changing money! Anyone who wins should be grateful!!!
@Youngerick1990 Жыл бұрын
Also you can get more but it would take 30 years…
@jaykaynum5569 Жыл бұрын
That money isn't yours until it hits your bank account
@artarealmblazer Жыл бұрын
Not really. First of all the billboard advertised jackpot is the projected annualty payout. It’s basically the actual lump sum invested in govt bonds for 26 years, and this year it’s boosted due to the interest rate hikes the federal reserve made over the last year. 2) the federal and state taxes taken out are the same taxes done for any sweepstakes, which is counted as income. In America, our progressive tax system hits higher income more. Those taxes were always due to the govt. 3) The people winning millions and hundreds of millions still get life changing money after taxes. Nobody is robbed of their new lifestyle because of taxes.
@oilpantv Жыл бұрын
I am winning the lottery 🙏🏽🎉
@D72edits Жыл бұрын
Yeah sarcastically you are
@dongroux6819 Жыл бұрын
Mavis cashed hers in fast because the state of Massachusetts originally said the winner was in Cambridge mass but she was the winner. The winner in Cambridge won one million. So she went to lottery headquarters to straighten it out. Then was outed by the state
@luisvelazquez1158 Жыл бұрын
Something tells me im gonna be rich... Maybe I'll win the lotto 🤞
@gscgold Жыл бұрын
So basically if you win a large amount or any amount really and you take the lump sum automatically you get just over half and then there is 37% Federal tax on the rest plus state tax if you live in certain states
@dansaks896111 ай бұрын
Can't forget local taxes a well.
@robertovalentin1482 Жыл бұрын
Im rich because God bless me with food and a roof over my head i don't need all that money if God wants me to win one day Im going to help others in need buy me a 2 bedroom house for me and my wife and a drime truck that I always wanted amen
@shicruisin70047 ай бұрын
You'll never win big. You're telling the Universe/God, that you're happy being poor/just scraping the barrel, so, no big money for you. Take a lesson from Cynthia Stafford. Google her
@mbhekimaxwell. Жыл бұрын
God you are only you a Master of everything thank you Lord Amen ❤
@Abundantblessingsforlife11 ай бұрын
8:48 the only winner that giggles for hours..being wealthy means having more time to enjoy the things you love together with your loved ones.. that's why many of us wish to win the lottery jackpot! Don't need to work for money, our life is taken care of, what a beautiful life!😊😊✨✨🤞🤞
@hitmissesjackpots4338 Жыл бұрын
As to the old Florida woman who won, and sued her son, I recall the news story to where a young single mother let the old lady go ahead of her, in line to buy tickets. This was at a grocery store they call Publix. The old lady didn't give a dime to that single mom who was so considerate and let that old lady buy what would have been her winning ticket.
@nicolemcdaniel6685 Жыл бұрын
Every time I hear about that 2 billion dollar win more of the story is revealed. I already knew there was more to the story.. and now I hear his landlord saw the ticket? And he admitted that he did see the ticket? Of course Castro wants the suit thrown out..
@HAL_NINER_TRIPLE_ZERO Жыл бұрын
There is no guarantee that the random number generator that creates the Quick Pick numbers for a ticket would be the same for the single mother had she gone first. The RNG is based on the computer's internal clock. Single mom might have been quicker or slower to buy her tickets. She might have also bought more or fewer tickets.
@oceanrocks Жыл бұрын
what the other commenter said is correct. the few seconds delay of letting the old lady go in front of her is what allowed the winning ticket to exist. if she had gone first without the delay, there’s no guarantee the machine would’ve printed her tickets at the same exact time that the old lady got hers printed
@datwistyman Жыл бұрын
Thank god in Australia we don't pay tax on lotto wins.
@mmsumi668 Жыл бұрын
Japan and England too 😊🎉
@johntydee6367 Жыл бұрын
The government taxes the lottery fund before it reaches the winner. The lottery prize represents 40% of the total receipts. For a $1m prize the govt. received $1.5m out of a total fund of $2.5m.
@larrywhittaker9901 Жыл бұрын
Shouldn't in US EITHER 😈😫
@webwhisper27016 ай бұрын
be grateful…not greedy
@Justin.Martyr3 ай бұрын
*BUT!!!! You Don't BeLieve in GOD!!!!*
@fluffyfour Жыл бұрын
As a lottery is a means to get extra money for councils and governments, it's beyond mean to then tax the winner! However, as the US taxes everyone born there or who is a citizen, even if they've lived abroad for years (and, I believe, are one of only 3 countries in the world to do so) it's not really surprising. Apparently, giving up US citizenship entails a long and aggressive interview with officials. Greedy, I call it.
@astoldbymonay Жыл бұрын
I won the Mega Millions Tonight 😀 I’m so grateful
@rtr78978 Жыл бұрын
Jackpot still raising now with mega m-n😮
@luja6256 Жыл бұрын
🙄
@erichartman385 Жыл бұрын
Michigan needs another win I’m hoping that opportunity can happen to me good luck every one GO WOLVERINES
@rafaelguerreros263 Жыл бұрын
Paid $358 million in taxes? What bs is that ... in canada we dont pay taxes on lottery winnings .
@laurakibben414710 ай бұрын
Or for medical services. How is that anyway?
@mangmerciless96063 ай бұрын
Merica baby!!
@beyondmeasure2197 Жыл бұрын
Gotta be a crazy night to see that you won $500 million.. you'll only get $175M, but guess what.. I'LL BUY THAT FOR A DOLLAR!!!!
@unknownunknown504 Жыл бұрын
It's crazy how much is kept for taxes. But a good thing about it is that the winning ticket probably only cost them $2.00.
@Edward-pu1wt Жыл бұрын
"Deliberate charitable things". I like the sound of that. Good plan.
@valmojica8486 Жыл бұрын
I remember winning $2.00 on a scratch off ticket! I invested it, got a lawyer … then I bought a cup of Starbucks! There went my winnings! 🙁
@redfo3009 Жыл бұрын
😂 hahahah
@Mack7565 Жыл бұрын
😂😂😂
@kimsland999 Жыл бұрын
Lucky bastard.
@WriteMeASong7 Жыл бұрын
😂😂😂😂😂
@ExperiencedGhost Жыл бұрын
The common error they make, is to show their faces on TV. Now the criminals in the neighborhood or state knows about it. Worse... your family knows now.
@trevertravis8963 Жыл бұрын
True. If I were to win a big jackpot, I wouldn’t tell anyone.
@fdk70148 ай бұрын
So $533 million became $175 million after taxes? What kind of crazy tax is that?
@engelstody7171 Жыл бұрын
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH.... stock,silver and gold)
@jamewilliams7660 Жыл бұрын
@johnwilson3645As a newbie you’ll need to invest in a company that is working towards sustainability, like that of expert Valerie Collier,and her abilities in handling investments are top notch
@annelove3626 Жыл бұрын
After I got upto 900k trading with expert Valerie Jo collier I bought a new House and I'm now able to send my kids to a better school in the states When someone is straight forward with what he or she is doing people will always speak up for them.
@jamewilliams7660 Жыл бұрын
That’s her Whatsappinfo
@jamewilliams7660 Жыл бұрын
Her good reputation already speaks for her last month i invested over $100,000 with her and I've already made over $850,000 profit.
@burrinch5142 Жыл бұрын
I checked her up on Google ,she is a verified and licensed broker I'll invest $5,000 with her
@johnnybrinson1275 Жыл бұрын
this channel is showing me what to do When i win im gonna be the first to when the power ball and mega million 🙏🏾
@arcticmorning Жыл бұрын
nice video.. excellent production and content
@TomSir79 Жыл бұрын
Thank God we here in Germany don't have to pay Taxes on Lottery Winnings! Yeah, 175Mil from 533Mil is still life-changing Money. But over 300 MILLION just for Taxes?! Hell no! I repeat: I'm sooo glad that we here in Germany don't have to pay Taxes on Lottery Winnings and can expect a large Sum Tax-free on our Bank Account! We only have to pay Taxes if we purchase Things like Properties or other Things with it. From 533 to 175...wow, that's tough. 😒
@samuelj2408 Жыл бұрын
before that he didnt even have 1 million LOL. what is the complaint, "tough" ?? c'mon.
@TomSir79 Жыл бұрын
@@samuelj2408 So, 300+ Million just for Taxes isn't much, huh? 🤨 Gimme a Break...
@samuelj2408 Жыл бұрын
@@TomSir79 also the point of lottery is to benefit the state and the government, they use the money to fund building roads,schools , etc, it goes into bonds etc, so taxing it at that level is very good. you play a 2 dollar ticket you should be happy if you get the 2 back , let alone one or 500 million lol.
@Lailaxsecret Жыл бұрын
It’s not 300 million in taxes. The 533million is the annuity amount, not the amount the lottery commission has in hand rn. You would get paid that full amount (minus taxes) if you chose the annuity and they would pay you over the course of 30 years. The amount he actually won by taking the lump some is probably around 250-266 million. Still a lot paid in taxes but not not 70%
@williamlucas5852 Жыл бұрын
Where I am from (Singapore) we get to keep ALL the winnings from any types of lotteries. No Tax at all. Winnings received are not taxable as they are windfalls and not considered as an income. We do not need to declare the winnings in our Income Tax Return.
@3rdandlong Жыл бұрын
Yup. File as an LLC if state does not have privacy law like Kansas. No freaking way I'm going to advertise I hit the jackpot. You ain't going to know me or see me anywhere.
@jason4275 Жыл бұрын
If I ever win I will only release my name, which is required by my state, I would never do any interview, then leave the country for a few months after I got my money.
@jessedecoteau43189 ай бұрын
Move to Canada. Lotto winners here KEEP all the winnings haha.
@BASESKIZL Жыл бұрын
Oops, some one messed up it says the wa 747m winner didnt take home 4720000… they missed a zero
@Yardview.777 Жыл бұрын
I can't wait to win tonight's Powerball jackpot 😊
@SaulRodriguez-cg7tx Жыл бұрын
Om waitng way to long patienly
@ladarianroper4770 Жыл бұрын
Let me hold $2,000
@JanBanJoovi-ol1qv Жыл бұрын
I’d like to win an amount just enough to be considered upper class, perhaps 30 to 50 million.that’s enough for you and your family to live a financially worry-free life if you’ll invest/manage it properly.
@brynleytalbot778 Жыл бұрын
High net worth is apparently $34 million and above. You’re in private jet territory with that wealth.
@cortransport Жыл бұрын
500 dólares is good enough if you manage it correctly. Having a lot of money doesn’t guarantee a steady life.
@rvboondocker2559 Жыл бұрын
Some of your math is hysterical! Great editing 😊
@MaxAdventuresWith7 Жыл бұрын
The Powerball and Mega Millions jackpot prizes are getting bigger, and bigger, so I believe sharing is the way to go! 🍀
@georgesitgraves8474 Жыл бұрын
Should you win, a lot of people and organizations will come calling with terrific sharing opportunities.
@hillbillyintheasia6122 Жыл бұрын
@@georgesitgraves8474 sharing only if a tax write off , look rich ppl most pay zero tax,s their smart called investing and write offs ,
@Mycooloriginal Жыл бұрын
@@hillbillyintheasia6122 With very expensive CPAs
@germanshepherd6638 Жыл бұрын
So why even play the lottery? Whats the point?
@Roosey_ Жыл бұрын
"reality bending" that is the best way to put it forsure
@BwaKay3 Жыл бұрын
I’m winning tonight and I’m claiming it !!! 🎉
@dontBAnal Жыл бұрын
Did you win?
@wardatkins1320 Жыл бұрын
How do you give the winning ticket to someone else? Inconceivable!!
@lidattruong1105 Жыл бұрын
Considering the history of many lotto winners, I wouldn't call the lump sum the sensible decision.
@IMBLESSED-oe6dl8 ай бұрын
Congratulations for all winners n gl to once who r still waiting.
@TheYaq Жыл бұрын
I wouldnt show me in the public lol
@ZoteaZorinmawia11 ай бұрын
God bless you and happy new year
@dongskijyu8583 Жыл бұрын
The taxes are way tooooo high 😥😱😱😱
@BluPhone-mv1ic7 ай бұрын
It must be nice being MrBeast, always helping people, being a blessing to others.less fortunate.
@jerushadowdy70944 ай бұрын
My win is coming very soon 😌💃
@JenniferJohnson-l3r22 күн бұрын
@15:20 They hired a human attorney 😂
@vanessajohnsen38810 ай бұрын
Lotteries should be 1 million so many families can win! Who needs so much! So sad when there are so many struggling families.
@quin84638 ай бұрын
I have said they can make money more jackpot winners when they it's high in every state
@princemc358 ай бұрын
I don't get you
@vanessajohnsen3888 ай бұрын
@@princemc35 so
@Insect...7 ай бұрын
I need that much
@angelsrosena Жыл бұрын
Wow, what a brand new video with a lot of people I never heard about ❤❤❤❤
@rusman40 Жыл бұрын
Instead of giving 700 million dollars to one person, they should create new lottery where 700 people will get 1 million dollars each
@dallasclark5420 Жыл бұрын
That's too smart they will not do that😅
@redfo3009 Жыл бұрын
That would make people prosperous which they can’t do. It’s about controlling the masses not helping them self actualize
@Reeldeal8187 ай бұрын
Thats dum ! there can be 1000 winners they all have to hit the numbers
@marcusmoyses38097 ай бұрын
THERE ARE ALREADY LOTTERY GAMES GIVING A WINNER 1 MILLION OR MORE. A PERSON HAS MORE CHANCE TO WIN IT. JUST READ THE ENTIRE SCRATH OFFS.
@Reeldeal8187 ай бұрын
@@marcusmoyses3809 Ok so?
@paxhumana20154 ай бұрын
18:03, maybe they found an island and named it that and then built a commune or something there?
@rocknroth764 Жыл бұрын
In the US you can document gambling losses and deduct them.
@thekoshertourist8 ай бұрын
that's pretty messed up that even at 2.04B the winner couldn't clear 1B in lump sum...Im sure with even some safe investments they'll do it on their own, but that's still messed up
@simonkendrick762 Жыл бұрын
The Taxes in America are ridiculous 🙄 Basically your losing half of your winnings to criminals.
@johnwood551 Жыл бұрын
The UK doesn’t tax their Lottery Winners like we do ,they let the winners be winners
@arinansel8529 Жыл бұрын
Can uk play powerball?
@suzyfarnham3165 Жыл бұрын
Australia gets all their winning too. None is taken out for tax.
@Time4change11111 ай бұрын
God is soo good
@pollyg562 Жыл бұрын
i would work out a deal where i would pay for every bit of DNA from serious crimes that isnt been tested bcoz of a lack of funds,to be tested, anyone can donate to charity and worry about how much good it real did, but this would save 100s of lives while punishing the very worst while making me feel awesome
@laurakibben414710 ай бұрын
CEO's of charity take in huge sums per year. Real charitable eh?
@mimigrabner4486 Жыл бұрын
My husband just resent went to get gas. The woman in line actually bought $2000 in power ball and lottery tickets.
@redfo3009 Жыл бұрын
😮 crazy!
@michaelcrowley1172 Жыл бұрын
Possibly a work pool, GODBLESS
@laurakibben414710 ай бұрын
She must be trying out Jerry's system from the new movie with Bryan Cranston 😂
@Ak47Me4 Жыл бұрын
Ohh my god this is very good channel❤❤
@henrysantos12111 ай бұрын
*I hope everyone still hit the lottery other times*
@BhupenSolanki-i8dАй бұрын
Nice info
@jorgemiguel1040 Жыл бұрын
untrue. The CA lottery checks video of the purchase of winning tickets. the ask the person claiming the ticket about the purchase. They only pay when the confirm this information. So, if you buy a ticket turn, look up, hold you ticket and smile for the camera.
@yvonbarrier18298 ай бұрын
We don't pay in the Uk taxes on the winnings. Invest wisely in the second year you do. Don't understand the USA. You spend money on a ticket that is already taxed.
@calebormsby63514 ай бұрын
So crazy how the USA taxes lotto winnings. In Australia every win is tax free!!!
@MicheleRobinson-k5e Жыл бұрын
out of a 500 million win, you only get to take home $175 million what a gep!
@aadiltoppa9832 Жыл бұрын
Too much money usually comes without blessings be content and happy remember life is short everyday millionaires also die money can’t buy you extra life etc. our goal should be good deeds so we enter paradise forever
@mtr.t27 күн бұрын
533,000,000 to 175,000,000 is gut wrenching
@mib20000 Жыл бұрын
The lump sum cut is an absolute RIPOFF. 50%
@jimbauer6326 Жыл бұрын
I am so glad my state happens to be one of them that allows winners to remain anonymous. Not that I am sure I will ever have to do that. lol
@vujkoshastri18014 ай бұрын
IRS is real winner of all jackpots😮
@YaYaDaCostaPasta4 ай бұрын
Yeah I know right lol 😮
@daviddaubert2187Ай бұрын
Wow just think that ticket cost a whole $10.00 sounds like a good return to have 😭😁
@julianbarber47089 ай бұрын
I can't believe the amount of tax you have to pay in the US. You'd get a better deal playing The Mafia lottery!
@BayMom84 Жыл бұрын
I’d be happy with a million.
@kevinr3533 Жыл бұрын
What a huge joke 500+mil and the government gets more than half. 🖕🏼 that.
@samuelj2408 Жыл бұрын
ungrateful punk u will never win with that attitude lol.
@Wallace11113 ай бұрын
533 mio and 175 mio after taxes? U kidding me??? 😳
@notredamelockerroom376 Жыл бұрын
At 12:51, you say she won 407 million but the screen says 47 million
@markcarter6333Ай бұрын
I rubbed my eyes and then replayed. A whole lot of millions missing... What. 🤣🤣🤣🇯🇲🇯🇲🇯🇲🇯🇲
@RickWest-m7c Жыл бұрын
Congratulations to all winners
@JoseMarquez-oo7sl Жыл бұрын
The biggest winner is Uncle Sam, IRS
@nocommentarygaming27884 ай бұрын
@12:52 - did you say 407 million? Why does it show 47 million?