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PSA-Powerball jackpot is $478 Million, next drawing will be Sat 7/30/16..UPDATED

RossMAN said:
5 years ago, I wonder how much they've spent and invested?

http://newyork.cbslocal.com/2011/06/16/20-costco-employees-claim-202-million-powerball-jackpot/
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Some lottery winners invest in meth:

https://gma.yahoo.com/3m-lotto-winn...ize-money-090725323--abc-news-topstories.html

A Georgia man who won millions in the lottery could face life in prison after pleading guilty to using a portion of his prize to invest in a crystal meth operation.

Ronnie Music Jr., 45, of Waycross, Georgia, pleaded guilty last week to federal drug and gun charges after U.S. attorneys presented evidence that he "conspired with others to possess and distribute kilograms of methamphetamine," according to a statement released by the Department of Justice (DOJ).

"The investigation revealed that in September, 2015, Music’s co-conspirators were caught attempting to sell approximately 11 pounds of crystal meth, with a street value in excess of $500,000," said the DOJ.

Federal agents seized over $1 million worth of meth, a large cache of firearms, thousands of rounds of ammunition, multiple vehicles, and over $600,000 in cash as part of the case.

"Music decided to test his luck by sinking millions of dollars of lottery winnings into the purchase and sale of crystal meth," said U.S. Attorney Ed Tarver. "As a result of his unsound investment strategy, [he] now faces decades in a federal prison."

Music had won $3 million in a Georgia Lottery scratch off game in February, 2015, according to Georgia Lottery's website.

Music will be sentenced by a judge in the Southern District of Georgia and faces a maximum possible sentence of life in prison.
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I was so much more interested before they added more numbers and made the odds way worse. Its why we are seeing jackpots like this all the time. I imagine the odds of winning went from "being struck by lightning" to "Spontaneously transmuting into a carp while driving to work."
 
Someone bought the winner in New Hampshire ... it was worth $478 Million (before Uncle Sam and the State gets their cut)

That is enough to buy the Primary Mansion, A house overseas, Helicopter, Private Jet, Yacht, Rolls-Royce (with chauffeur), Servants and still be able to put a couple of kids through a nice college, with plenty left over. And a good accountant and financial adviser to invest properly and safely and minimize the tax bites.
 
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