10 - 11 - 26 : I have updated the means of pay outs on the lottery. Sure are a lot of losers who give up quickly. Life lessons come to us all I guess one day or another. Have fun learning. It is my favorite hobby. *** MARKET WATCH *** Time left before I beat Chuck Norris at the game: ***

Explanation

Thanks to the power of manifestation I am going to use the powers of the universe to win the lottery eventually. In order for others to realize the potential of winning I have listed a set amount of money each person I aquire to participate in the lottery with a listed amount geared towards how much they will win.

Summary

For a $538 million jackpot, the lottery's pre-tax cash lump sum value is $220.6 million. The IRS automatically keeps an upfront 24% federal withholding tax amounting to roughly $52.9 million before payout. Because this prize reaches the top 37% federal tax bracket, an additional 13% tax bill of approximately $28.7 million is due at filing. Since Florida levies $0 in state income tax on lottery winnings, subtracting the full $81.6 million federal tax burden leaves an estimated net take-home pay of $139 million.

Payout : 538,000,000
Taxes : 399,000,000
Left Over : 139,000,000
My Cut : 76,000,000
Left Over : 63,000,000


Charities : 19% : 12,600,000
Fam 1 : 15% : 9,450,000
Fam 2 : 15% : 9,450,000
Fam 3 : 15% : 9,450,000
Motivation : 11% : 6,930,000
Conversation : 9% : 5,670,000
C W 1 : 8% : 5,040,000
C W 2 : 5% : 3,150,000
C W 3 : 3% : 1,890,000
C W 3 / 800 : 2,362.5