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Conn. money managers claim $254M Powerball jackpot

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onehandle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 06:30 PM
Original message
Conn. money managers claim $254M Powerball jackpot
Source: AP

ROCKY HILL, Conn. (AP) A trio of wealth managers from Greenwich, one of the most affluent towns in America, claimed a Powerball jackpot worth more than a quarter of a billion dollars Monday off a $1 ticket.

Greg Skidmore, Brandon Lacoff and Tim Davidson came forward as the winners of the $254.2 million jackpot and the trustees of The Putnam Avenue Family Trust, which they formed to help manage the money after Davidson bought the winning ticket at a Stamford gas station.

A lawyer who spoke for the group at a news conference said they contacted him immediately after the Nov. 2 drawing and came forward after making plans for the money. He said the trust will take the after-tax lump sum of $103,586,824.51 cash and a significant amount will go to charity.

"Obviously, everybody is extremely excited," said Jason Kurland, the group's attorney. "These numbers are huge. This is going to benefit many people."


Read more: http://news.yahoo.com/conn-money-managers-claim-254m-po...



For fuck's sake.

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emilyg Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 06:34 PM
Response to Original message
1. $1 = equal chance
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enki23 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 09:59 PM
Response to Reply #1
12. per dollar
.
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hack89 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 06:35 PM
Response to Original message
2. I love the smell of irony in the morning. nt
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graywarrior Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 06:38 PM
Response to Original message
3. Grrrrr
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OnlinePoker Donating Member (837 posts) Send PM | Profile | Ignore Mon Nov-28-11 07:27 PM
Response to Original message
4. Every money manager I've ever dealt with says the lottery is for fools. n/t
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harun Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 09:06 PM
Response to Reply #4
9. Were they talking about the Wall St. Lottery or the State Lotteries?
:think:
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Lucky Luciano Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 07:57 PM
Response to Original message
5. The Divine Right of Kings. nt
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 07:59 PM
Response to Original message
6. Something stinks in Denmark.
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a la izquierda Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 08:22 PM
Response to Original message
7. Well, that's just great...
and here I face having to defer my student loan payments again for another six months. One of these idiots' tax breaks could pay my loans off in one fall swoop.
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PragmaticLiberal Donating Member (169 posts) Send PM | Profile | Ignore Mon Nov-28-11 08:46 PM
Response to Original message
8. I can't hate....
Good for them...
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young but wise Donating Member (760 posts) Send PM | Profile | Ignore Mon Nov-28-11 09:10 PM
Response to Reply #8
10. .............
Edited on Mon Nov-28-11 09:11 PM by young but wise
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young but wise Donating Member (760 posts) Send PM | Profile | Ignore Mon Nov-28-11 09:12 PM
Response to Original message
11. Good for them.
They played a dollar and won it.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 10:00 PM
Response to Reply #11
13. Why do you have two posts that say the same thing on the same thread?
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young but wise Donating Member (760 posts) Send PM | Profile | Ignore Tue Nov-29-11 08:01 AM
Response to Reply #13
19. Ever heard of a double post?
Edited on Tue Nov-29-11 08:03 AM by young but wise
:eyes:
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AllyCat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 10:25 PM
Response to Original message
14. Luck is luck. I'm sure they won't be donating it to charity anytime soon.
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wordpix Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 11:09 PM
Response to Original message
15. meanwhile, CT has the highest per capita debt in the nation, owes a billion$ 2011
http://www.huffingtonpost.com/2011/10/24/states-debt-co...

Debt per capita in 2011: $5,402
Total debt 2011: $99,751,147
Total budget gap FY2011: $5,100,000
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_eh Donating Member (161 posts) Send PM | Profile | Ignore Mon Nov-28-11 11:57 PM
Response to Original message
16. #$%@%$#!
:argh:
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JCMach1 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-29-11 12:05 AM
Response to Original message
17. There is no God...
Edited on Tue Nov-29-11 12:06 AM by JCMach1
either that, or she's a sadist...
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quakerboy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-29-11 03:09 AM
Response to Original message
18. Putting it in perspective
My understanding is that bill gates makes that in a day or two. And our military spends far more each and every hour.

Lotto winnings, even the big ones, are still virtually nothing compared to the reality of what the 1% takes home. What would change any of our lives quite drastically is a daily deal for them.
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AngryAmish Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-29-11 08:13 AM
Response to Original message
20. For this exact reason I would do everything not to be identified if I won the lottery
There are people out there who would kill you if they felt that you were an unworthy winner.

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Blue_Tires Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-29-11 09:08 AM
Response to Original message
21. Rigged...These are not the type of people who play the lottery
It wasn't even a few weeks ago that some millionaire's kid in Va. won it and now this??

This story reeks...Why are three of them claiming the prize? Don't tell me they all put in 33 cents for a ticket...
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-29-11 01:10 PM
Response to Reply #21
22. I find it curious, too..
and wonder if they found a way to.. beat the odds, so to speak.
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