Awww, poor town isn't entitled to Lotto winner's cash...

[DragonMasterAlex]

http://www.foxnews.com/story/0,2933,108972,00.html

Very funny. Mayor Georgine Welo said ?We were all excited until we went to go for [HER] money and learned that we are not entitled to it. We are very saddened by the news.?

Jason

 

[CADsortaGUY]

I heard about that - oops

CkG

 

[athithi]

Rebecca Jemison took the lump sum payment option of the $162 million jackpot, walking away with $67 million. Now, she's $1.4 million richer.

...

The city had planned to use the windfall to rehire some workers and improve parks and recreation programs.


Poor thing, how dare the city try to cheat her of her hard-earned money! God forbid, she give something back to the community...

 

[b0mbrman]

Because in reality, it's the city that earned it...

 

[Gonad the Barbarian]

Who got the other 95 million?

 

[athithi]

Originally posted by: b0mbrman
Because in reality, it's the city that earned it...

No, God laid the sidewalks and maintains all our parks...


Who got the other 95 million?

I dunno....Iraq?

 

[dahunan]

Originally posted by: athithi
Rebecca Jemison took the lump sum payment option of the $162 million jackpot, walking away with $67 million. Now, she's $1.4 million richer.

...

The city had planned to use the windfall to rehire some workers and improve parks and recreation programs.


Poor thing, how dare the city try to cheat her of her hard-earned money! God forbid, she give something back to the community...

Does anyone think city/state workers are generally overpaid and overcompensated and paid too much in retirement benefits?


When will some of these elitists cut their own salary instead of raping the education funds?

 

[sandorski]

rofl

 

[mastertech01]

I see amendments to many city charters in the future.

 

[sMiLeYz]

If I won that much money, I would gladly donate that 1.4 million amount to the city.

 

[kylebisme]

i'd possably do the same. but if they tried to take it from me only to find out they had no legal right to it i would laugh in their face and tell them to piss off.

 

[dahunan]

Originally posted by: sMiLeYz
If I won that much money, I would gladly donate that 1.4 million amount to the city.

Why? Because the Government knows how to spend your money better than you? Because they are so efficient?

 

[Red Dawn]

Originally posted by: sMiLeYz
If I won that much money, I would gladly donate that 1.4 million amount to the city.

Hell I'd move

 

[EagleKeeper]

Originally posted by: Gonad the Barbarian
Who got the other 95 million?

Uncle

 

[athithi]

Originally posted by: dahunan

Originally posted by: sMiLeYz
If I won that much money, I would gladly donate that 1.4 million amount to the city.

Why? Because the Government knows how to spend your money better than you? Because they are so efficient?

No, because $1.4M is not going to buy you any happiness that $67M doesn't.

 

[b0mbrman]

Originally posted by: athithi

Originally posted by: b0mbrman
Because in reality, it's the city that earned it...

No, God laid the sidewalks and maintains all our parks...

That city is certainly living on the edge if it depends on taxing lottery winners to maintain their sidewalks and parks

 

[athithi]

Originally posted by: b0mbrman

Originally posted by: athithi

Originally posted by: b0mbrman
Because in reality, it's the city that earned it...

No, God laid the sidewalks and maintains all our parks...

That city is certainly living on the edge if it depends on taxing lottery winners to maintain their sidewalks and parks

Ok, I'll let go here...

 

[BDawg]

Originally posted by: b0mbrman
Because in reality, it's the city that earned it...

It's lottery money...noone really earned it.

 

[Genesys]

Originally posted by: athithi
Rebecca Jemison took the lump sum payment option of the $162 million jackpot, walking away with $67 million. Now, she's $1.4 million richer.

...

The city had planned to use the windfall to rehire some workers and improve parks and recreation programs.


Poor thing, how dare the city try to cheat her of her hard-earned money! God forbid, she give something back to the community...

oh well, if she wants to be selfish with her money, then so be it.

and as for it being hard earned money shouldnt matter. its her money, thats all that matters.

 

[KK]

She doesn't have to give a damn thing to the city, and 95% of you wouldn't either. Who the fvck cares what the city was going to spend the money on. Just like I should care about what the liar that said she won the lottery was going to rehire laid off cleveland police officers.

Geez, most of you guys are like a bunch of feeding lemmings. Trying to get your greedy hands what is not yours. And what the hell do you care in the first place.

KK

 

[xxxxxJohnGaltxxxxx]

Originally posted by: athithi

Originally posted by: dahunan

Originally posted by: sMiLeYz
If I won that much money, I would gladly donate that 1.4 million amount to the city.

Why? Because the Government knows how to spend your money better than you? Because they are so efficient?

No, because $1.4M is not going to buy you any happiness that $67M doesn't.

..by whose standards? Because it won't "buy you any happiness that $67M doesn't," you naturally assume that we are (or should live our lives) like you? Who are you to tell other people about their happiness and the utility they derive from money?

 

[halik]

Originally posted by: EagleKeeper

Originally posted by: Gonad the Barbarian
Who got the other 95 million?

Uncle

holy crap, whats the tax rate ????? How can she walk away with 67mil outta 160? Thats more than 60% tax...

 

[rudder]

Originally posted by: halik

Originally posted by: EagleKeeper

Originally posted by: Gonad the Barbarian
Who got the other 95 million?

Uncle

holy crap, whats the tax rate ????? How can she walk away with 67mil outta 160? Thats more than 60% tax...

You only get the full 162 million (pre tax) if you decide on a 20 year payout. There is a lump sum option which is typically less than the listed jackpot. Not sure how they figure that out.

 

[athithi]

Originally posted by: KK
She doesn't have to give a damn thing to the city, and 95% of you wouldn't either. Who the fvck cares what the city was going to spend the money on. Just like I should care about what the liar that said she won the lottery was going to rehire laid off cleveland police officers.

Geez, most of you guys are like a bunch of feeding lemmings. Trying to get your greedy hands what is not yours. And what the hell do you care in the first place.

KK

You really believe that's how the world works? Everyone keeps what they get? That aside, I have a right to mock her just as she has a right to hide that money (the $1.4M) from the needy. If anything, I have a slight moral edge

Mr.Wannabe-Peikoff:

..by whose standards? Because it won't "buy you any happiness that $67M doesn't," you naturally assume that we are (or should live our lives) like you? Who are you to tell other people about their happiness and the utility they derive from money?

Rand did not know it all and you know even less - hence, my words of wisdom. I know more and I know better. Now, let me sit back and wait for you to contradict yourself in an attempt to correct me...

 

[sandorski]

That city kinda put their foot in their mouth. Once they realized their error they should have STFU about it, now she may have reason to move, though she may move anyway for other reasons. Though they can't tax her lotto winnings, they could(most likely) get taxes from other sources of income, such as investment income or property taxes, etc. That would make them as much, but it would get them more than if she chooses to leave.

As for should she give the money to the city anyway? That's her choice, maybe she would have or maybe she would have, over time, given much more. By turning this into a public issue she may choose not to give 1 red cent.

I kinda agree with others, that the amount in question is small and she would not be hurt by paying that at all, but it's her money and her choice whether to donate it or not. Personally, I'd probably give the money to particular programs or projects. Such as: after school sports/activities, community centres, skateboard park, United Way/Salvation Army/other social org, etc.