Canadians : January 24 Estitmated- $43,000,000 Buy Your 649 - GoFuckYourself.com

webgurl · 01-23-2009, 09:29 AM

I know our lotteries arent as hardcore as the US but $43 mills
is pretty good for us

Get your tickets today

Ditosta · 01-23-2009, 09:31 AM

Quote:

Originally Posted by webgurl

I know our lotteries arent as hardcore as the US but $43 mills
is pretty good for us

Get your tickets today

thanks for the reminder!

jalami · 01-23-2009, 09:34 AM

Canada doesn't tax lottery winnings, either, so it's actually $43 million you get.

HorseShit · 01-23-2009, 09:34 AM

SHRUG

$163.2 Million Powerball Jackpot Won in Indiana

(Powerball) One lucky ticket in Indiana matched all 6 numbers on Saturday, January 17th and walked away with the $163.2 million jackpot. The holder of the winning ticket will now have to decide to either take the 29-year, 30-installment annuity, or the one time cash “lump sum” amount of $97,966,541.

Jdoughs · 01-23-2009, 09:36 AM

Quote:

Originally Posted by jdavis

SHRUG

$163.2 Million Powerball Jackpot Won in Indiana

(Powerball) One lucky ticket in Indiana matched all 6 numbers on Saturday, January 17th and walked away with the $163.2 million jackpot. The holder of the winning ticket will now have to decide to either take the 29-year, 30-installment annuity, or the one time cash ?lump sum? amount of $97,966,541.

Of that 98 million, would he even walk with the 43 million clear that the Canadian one is? Here lottery winnings are tax free.

Kenny B! · 01-23-2009, 09:37 AM

We don't have the same jackpots as in the states but we don't have the same population buying tickets. Canuks also get the full amount, no settlement and no tax.

I have my ticket!

Itchy · 01-23-2009, 09:38 AM

Thanks im going to have to get a few tickets now

StuartD · 01-23-2009, 09:38 AM

Yeah, 100% tax free is great... if you can get it.

fris · 01-23-2009, 09:44 AM

i sale winning tickets

Dwreck · 01-23-2009, 09:48 AM

thanks webgurl i will buy a ticket just for shits and giggles

BradM · 01-23-2009, 09:52 AM

Gonna get my parents to pick me up a few.

Martin · 01-23-2009, 10:07 AM

If I win, I'll give you a mil.

CDSmith · 01-23-2009, 10:21 AM

Quote:

Originally Posted by Jdoughs

Of that 98 million, would he even walk with the 43 million clear that the Canadian one is? Here lottery winnings are tax free.

That powerball winner will be lucky to come away with close to half of the 97 mill after it's taxed I'd wager.

Going by population alone, a $43 million jackpot is roughly 10 million more than our entire population. The USA would have to have a jackpot over $300 million to compare, then up it enough to allow for taxes.

No, Canada rocks for the tax free win thing. I've always said the tax man has no business putting their grubby little mitts on a person's winnings, and have never understood why Americans put up with it. Even on game shows, tax tax tax. Ug. If you win it, you should win it all. Like in Canada. :D

I'll be buying a few tickets later today.

Isradude · 01-23-2009, 10:23 AM

i'm going to get the winning ticket now

seeandsee · 01-23-2009, 10:25 AM

you can win

JFK · 01-23-2009, 10:34 AM

Quote:

Originally Posted by seeandsee

you can win

THANKS will get a ticket right now

JimmiDean · 01-23-2009, 10:37 AM

Quote:

Originally Posted by jalami

Canada doesn't tax lottery winnings, either, so it's actually $43 million you get.

Thats not actually correct.
the taxes are removed from the lottery commision and province before you get paid.
Same at the horse tracks etc.
You think the Canadian GVt would give you something tax free.
If the pot is 43 million they would take in near 70 in sales.

JayDeeZee · 01-23-2009, 10:50 AM

If I win, I'll buy you something nice webgurl.

O MARINA · 01-23-2009, 10:52 AM

Quote:

Originally Posted by fris

i sale winning tickets

I sale 10 same ones, cause drama and then no one gets paid

bloggerz · 01-23-2009, 10:53 AM

i have been appointed to collect the taxes on the winnings. thanks

Yngwie · 01-23-2009, 03:21 PM

Quote:

Originally Posted by jalami

Canada doesn't tax lottery winnings, either, so it's actually $43 million you get.

actually no. Yes, they do not tax the winnings, but we do not get the full # they mention. In this case, 43 000 000 the way it works is as follows.

---------------------------

Number of Matches

Win

Odds of Winning
(approximate)
6/6

80.5 % of the Pools Fund - 1 in 13,983,816

5/6 + Bonus

5.75 % of the Pools Fund - 1 in 2,330,636

5/6

4.75 % of the Pools Fund - 1 in 55,492

4/6

9 % of the Pools Fund - 1 in 1,033

3/6

$10 prize - 1 in 57

2/6 + Bonus

$5 prize - 1 in 81

Any prize

1 in 32

A winning set of numbers entitles a winner to a prize in only one of the above prize categories.

47% of LOTTO 6/49 draw sales is dedicated to the Prize Fund. The total amount of $5 and $10 prizes are paid from the Prize Fund and the balance of the fund (the Pools Fund) is then allocated between the 4/6, 5/6, 5/6 + Bonus and 6/6 prize categories as indicated in the table above. Any amount not won in the 6/6 or 5/6 + Bonus prize categories is added to the 6/6 Jackpot prize for the next draw.

If a Jackpot of $30 million or higher is not won, the following Prize Structure applies to all subsequent draws until the Jackpot has been won. This does not apply to Bonus Jackpots.

Number of Matches

Win

Odds of Winning
(approximate)

6/6

40 % of the Pools Fund - 1 in 13,983,816

5/6 + Bonus
16 % of the Pools Fund - 1 in 2,330,636

5/6

15 % of the Pools Fund - 1 in 55,492

4/6

29 % of the Pools Fund - 1 in 1,033

3/6

$10 prize - 1 in 57

2/6 + Bonus

$5 prize - 1 in 81

Any prize

1 in 32

A winning set of numbers entitles a winner to a prize in only one of the above prize categories.

The prize pool for LOTTO 6/49 is based on a pari-mutuel share. A pari-mutuel share is a calculation where the total monies allocated to a prize category are divided by the total number of winners in that category. Sometimes, customers select certain number combinations more often than other number combinations, and this may result in a reduced prize share. Some of the more popular combinations are based on sequence of numbers, vertical, horizontal or diagonal lines on selection slips, multiples of numbers, variations of historic dates or birth dates, etc. These combinations vary from draw to draw and change depending on customer play patterns

LOTTO 6/49 prizes must be claimed within 12 months of the draw date.

LOTTO 6/49 winning tickets may be redeemed only in the province where they were purchased.

Download the official LOTTO 6/49 Game Conditions. Download the official Interprovincial Lottery Corporation Rules and Regulations Respecting Lotteries and Lottery Tickets. While efforts are made to ensure that the rules are accurate and up to date, the game condition cannot always reflect changes. The Interprovincial Lottery Corporation (ILC) reserves the right to change these game conditions, with or without notice and at such times and in such manner as ILC deems appropriate.

--------------

http://www.olg.ca/lotteries/games/ho...?game=lotto649

fuzebox · 01-23-2009, 03:54 PM

I never got the "ooh, the lottery jackpot is really high, I should buy a ticket this time" philosophy...

Are you saying that the $7 million payout isn't good enough for you? The jackpot has to be at $43 million for it to be worth your time buying a ticket?

Yngwie · 01-23-2009, 04:39 PM

Quote:

Originally Posted by fuzebox

I never got the "ooh, the lottery jackpot is really high, I should buy a ticket this time" philosophy...

Are you saying that the $7 million payout isn't good enough for you? The jackpot has to be at $43 million for it to be worth your time buying a ticket?

$7 000 000 would be plenty.. Hell, just winning would be a surprise. haha. I barely ever buy lotto tickets and won't this time around either.

StuartD · 01-23-2009, 04:42 PM

Quote:

Originally Posted by fuzebox

I never got the "ooh, the lottery jackpot is really high, I should buy a ticket this time" philosophy...

Are you saying that the $7 million payout isn't good enough for you? The jackpot has to be at $43 million for it to be worth your time buying a ticket?

Exactly, especially since there's millions more tickets being purchased because of it. Your odds get worse and if you do win, you'll be splitting it a lot more ways.

webgurl · 01-23-2009, 04:50 PM

Quote:

Originally Posted by fuzebox

I never got the "ooh, the lottery jackpot is really high, I should buy a ticket this time" philosophy...

Are you saying that the $7 million payout isn't good enough for you? The jackpot has to be at $43 million for it to be worth your time buying a ticket?

yah that's exactly what i am saying 7mills isnt good enough

rowan · 01-23-2009, 04:54 PM

Quote:

Originally Posted by jdavis

SHRUG

$163.2 Million Powerball Jackpot Won in Indiana

(Powerball) One lucky ticket in Indiana matched all 6 numbers on Saturday, January 17th and walked away with the $163.2 million jackpot. The holder of the winning ticket will now have to decide to either take the 29-year, 30-installment annuity, or the one time cash “lump sum” amount of $97,966,541.

I would normally say that only greedy people take the lump sum, but with some quick calcs it does seem that if you managed your money properly you could probably earn interest near or the same amount per year as if you were on the long term payment plan, and as a bonus it continues after the 30 years is up... plus you still have your $97m!

10:1 that he blows the lot within 10 years though

retardednewbie · 01-23-2009, 06:33 PM

lump sum for sure.. you're going to die anyway.. have some fun

SilentKnight · 01-23-2009, 07:17 PM

Quote:

Originally Posted by CDSmith

Even on game shows, tax tax tax. Ug. If you win it, you should win it all. Like in Canada.

If memory serves - the tax free factor was the reason 'Lets Make a Deal' gameshow relocated to Canada several years ago.

Odie · 01-23-2009, 07:39 PM

it's why the guvment calls it the "idiot" tax ..lol..I know ppl who religiously buy tix and never win...yet they live in holes and have deadend jobs...

$43 mill would be pretty sweet tho!

fuzebox · 01-23-2009, 08:18 PM

Quote:

Originally Posted by StuartD

Exactly, especially since there's millions more tickets being purchased because of it. Your odds get worse and if you do win, you'll be splitting it a lot more ways.

Pssst, you're a programmer... Your odds of picking 6 out of 6 numbers do not change with the millions more tickets being purchased

You are correct though, your chances of splitting the prize pool are higher.

rowan · 01-23-2009, 09:50 PM

Do tickets in your neck of the woods get charged a commission? I've bought a couple of lottery tickets (my wife also has the "big win $ / special, must buy" mentality) and there's a commission listed on the ticket.

I don't know if winnings are taxed in Australia, but the govt commission is already "taxing" us when we buy...

foghead · 01-24-2009, 06:18 PM

Go play biches you have 45 minutes left..

01-23-2009, 09:29 AM	#1
webgurl Confirmed User Join Date: Aug 2002 Location: Clouds with Carebears Posts: 7,954	Canadians : January 24 Estitmated- $43,000,000 Buy Your 649 I know our lotteries arent as hardcore as the US but $43 mills is pretty good for us Get your tickets today

01-23-2009, 09:34 AM	#3
jalami Confirmed User Industry Role: Join Date: May 2004 Location: Costa Rica Posts: 845	Canada doesn't tax lottery winnings, either, so it's actually $43 million you get. __________________ IntegralPay LLC \| www.integralpay.com Payment solutions outside the box! Ask about credit card, electronic checks, and alternative payments processing

01-23-2009, 09:37 AM	#6
Kenny B! Confirmed Abuser Industry Role: Join Date: Jun 2003 Location: Montreal Posts: 5,717	We don't have the same jackpots as in the states but we don't have the same population buying tickets. Canuks also get the full amount, no settlement and no tax. I have my ticket! __________________ Kenny -at- YourPaysitePartner.com Skype: kennyb514 Do business with us: Your Paysite Partner Kenny's Pennies Sticky Dollars Radical Cash Indie Bucks Stand Ahead Read My Ambush Interview Here

01-23-2009, 09:38 AM	#7
Itchy Datetronix.com Industry Role: Join Date: Jan 2001 Location: Chill-A-Wack BC Posts: 6,524	Thanks im going to have to get a few tickets now __________________ ICQ: 2588560 Skype: Pornocop

01-23-2009, 09:38 AM	#8
StuartD Sofa King Band Join Date: Jul 2002 Location: Outside the box Posts: 29,903	Yeah, 100% tax free is great... if you can get it. __________________ This is me on facebook This is me on twitter

01-23-2009, 09:34 AM	#4
HorseShit Too lazy to set a custom title Join Date: Dec 2004 Posts: 17,513	SHRUG $163.2 Million Powerball Jackpot Won in Indiana (Powerball) One lucky ticket in Indiana matched all 6 numbers on Saturday, January 17th and walked away with the $163.2 million jackpot. The holder of the winning ticket will now have to decide to either take the 29-year, 30-installment annuity, or the one time cash “lump sum” amount of $97,966,541.

01-23-2009, 09:44 AM	#9
fris Too lazy to set a custom title Industry Role: Join Date: Aug 2002 Posts: 55,372	i sale winning tickets __________________ Since 1999: 69 Adult Industry awards for Best Hosting Company and professional excellence. WP Stuff

01-23-2009, 09:48 AM	#10
Dwreck Confirmed User Join Date: Nov 2002 Location: Toronto Posts: 7,362	thanks webgurl i will buy a ticket just for shits and giggles __________________ Derek Dwreck Smout Program Manager Icq 165976549 Skype derekthomassmout

01-23-2009, 09:52 AM	#11
BradM Confirmed User Join Date: Dec 2003 Location: 1123,6536,5231 Posts: 3,397	Gonna get my parents to pick me up a few.

01-23-2009, 10:07 AM	#12
Martin "Assassins" Industry Role: Join Date: Dec 2001 Location: At home Posts: 17,277	If I win, I'll give you a mil. __________________

01-23-2009, 10:23 AM	#14
Isradude Confirmed User Join Date: Mar 2008 Location: Toronto Posts: 1,842	i'm going to get the winning ticket now __________________ Amit "Isradude" ICQ - 395509039

01-23-2009, 10:25 AM	#15
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	you can win __________________ BUY MY SIG - 50$/Year Contact here

01-23-2009, 10:50 AM	#18
JayDeeZee Confirmed User Industry Role: Join Date: Aug 2006 Posts: 3,595	If I win, I'll buy you something nice webgurl. __________________

01-23-2009, 10:53 AM	#20
bloggerz Too lazy to set a custom title Industry Role: Join Date: Dec 2006 Posts: 16,256	i have been appointed to collect the taxes on the winnings. thanks __________________ I SELL ADULT BACKLINKS! Email: eroticweb>gmail SKYPE: gfybloggerz $$$$$ MAKE HUGE MONEY IN CAMS - CLICK HERE $$$$$

01-23-2009, 03:54 PM	#22
fuzebox making it rain Industry Role: Join Date: Oct 2003 Location: seattle Posts: 22,119	I never got the "ooh, the lottery jackpot is really high, I should buy a ticket this time" philosophy... Are you saying that the $7 million payout isn't good enough for you? The jackpot has to be at $43 million for it to be worth your time buying a ticket?

01-23-2009, 06:33 PM	#27
retardednewbie Confirmed User Join Date: Jul 2002 Posts: 191	lump sum for sure.. you're going to die anyway.. have some fun

01-23-2009, 07:39 PM	#29
Odie Confirmed User Join Date: Apr 2003 Location: The WATER BABY! Posts: 7,040	it's why the guvment calls it the "idiot" tax ..lol..I know ppl who religiously buy tix and never win...yet they live in holes and have deadend jobs... $43 mill would be pretty sweet tho! __________________ Odie [email protected] Are you Mobile???? MMACanada ICQ # 166208354 See Who I Am At AdultWhosWho.com!

01-23-2009, 09:50 PM	#31
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	Do tickets in your neck of the woods get charged a commission? I've bought a couple of lottery tickets (my wife also has the "big win $ / special, must buy" mentality) and there's a commission listed on the ticket. I don't know if winnings are taxed in Australia, but the govt commission is already "taxing" us when we buy...

01-24-2009, 06:18 PM	#32
foghead Confirmed User Join Date: May 2007 Location: toronto Posts: 113	Go play biches you have 45 minutes left.. __________________