I've heard the EC's secret plan to save the grand at Sparta, and the ATA in general, is to buy the winning lotto ticket in tonight's big powerball drawing. The Greentitian, as local expert, is leading the number picking and is getting lot's of advice from hunter44 and Paladin. The only reason that Bigdon isn't active on the committee is that he hasn't been heard from since the football playoffs and his insight is missed. I've also been told that in spite of his absence "plan B" is headed in a fantastic direction. Brad
Brad I am not selling anybody my winning Powerball Ticket, If it is won in Illinois, Illinois will not pay the winner anyway, the Politicians will split the money between themselves. I have an inside lead on the winning numbers, I got them out of my Fortune Cookies from China Dynasty here in Athens, Ohio. Did the ATA Spend $1.1 Million Dollars on Lottery Power Ball Tickets? Gary Bryant.......................Dr.longshot
Powerball jackpot payout wouldn't put a dent in the Illinois budget deficit COMMENT 0 0 DAVID ZALAZNIK/JOURNAL STAR | Purchase this Photo At $1.5 billion, the latest Powerball jackpot is too big for the signage.on North Brandywine Dr. near West Glen Ave. in Peoria. » RELATED CONTENT • Luciano: A smile is worth a billion dollars, or at least a Powerball ticket... • Giant Powerball prize invites questions and misconceptions about the multi-state lottery... By Chris Kaergard Journal Star political reporter Posted Jan. 12, 2016 at 11:41 AM Updated Jan 12, 2016 at 12:22 PM PEORIA — It’s a staggering number — 1,500,000,000 — and one that has continued to grow asPowerball aficionados and neophytes alike have bought tickets for the largest lottery prize in American history.But what, exactly, will your $1.5 billion buy you?To start, assuming you take the lump-sum payment as many people do, rather than annual payouts over 29 years, your prize is projected to be a mere $930 million. Then you pay taxes. Take off 39.6 percent for the maximum federal rate and 3.75 percent for the current Illinois income tax — a total of $403.1 million, rounding off. Still leaves you with a comfortable $526.9 million, give or take a little. (By the way, Illinois lawmakers agreed in December to resume lottery payouts, so you face no delays there.)Sure, most people will want to keep most of that half-billion bucks for themselves. But if you were to use it differently, there’s lots you can do. Here’s some figures for thought: • Some states, like Kansas, could actually use the unexpected state tax revenue to eliminate deficits. The Sunflower State has a deficit of about $10 million, the Associated Press reports, and the $40 million-plus from a winner there would more than cover it. There’s no such hope in Illinois, where your $34.9 million state tax doesn’t put a dent in the deficit estimated into the billions.• If you devoted every post-tax dime of your winnings to simply paying off the backlog of state bills, you’d cover less than one-twelfth of the $6.3 billion in IOUs awaiting the state comptroller.• Your winnings would cover only 0.5 percent — one two-hundredth — of the state’s unfunded pension liability of more than $100 billion.• But you could independently operate the city of Peoria — annual budget around $180 million — for just shy of three years.• Up on the hilltop, you could cover all four years of tuition, room and board — assuming no scholarships — for nearly 3,200 students at Bradley University, to the tune of $41,180 annually.• Or you could self-fund a winning — or losing — presidential campaign. OpenSecrets.org lists candidate committee spending from Barack Obama in 2012 at $540.8 million and Mitt Romney at $336.4 million. Both also had party funds and super-PAC funds, of course.• Then again, you could just forget all that and buy yourself a private island and have money to spare. PrivateIslandsOnline.com features one for a mere $44.8 million in Montana, with a 24,000-square-foot house on Flathead Lake.• But whatever you do, pay no attention to the signs advertising the jackpot. Billboards advertising the Powerball drawing weren’t designed with such large prizes in mind. They max out at $999 million. All the news, all the time ... WPT ... (YAC) ...