Welfare queen wins nearly $200 million powerball - Is this right?

She won 200 million. 50% will be taken in taxes right up front. Then all her capital gains will be taxed again and again. She should thank her Gawd she's a democrat! :) I'm lovin it!

I hope she finds a good financial planner for a boyfriend if she can't find a good boyfriend to financially plan with. xoxo
 
Lucky woman. Here's to hoping she spends her windfall wisely.
Not likely. 40's some gold bling,gold teeth,some spinners on the new 80's caddy, Oh and some grape flavored blunts
If that's what makes her happy, and you furious, I say more power to her!


Yeah, the right always has a problem with the mere mention of "income redistribution" that doesn't involve the wealthiest.
 
Article doesn't say she's black or on welfare but the video shows she's black and she's an unemployed mother of 4 kids so i figure.....People on welfare should not be allowed to win a lottery. That money is for the kids not for gambling. At the very least she should have to pay back the state the welfare money they've paid her.

Unemployed mom of 4 wins Powerball in North Carolina Money - Home

feb 13 2015
and the Powerball winner is ... an unemployed mother of four kids.

Marie Holmes, 26, of North Carolina is one of the three winners who picked the combination that won them the $564.1 million jackpot: 11-13-25-39-54-19.

"I thought I was going to have a heart attack when I seen the ticket," said Holmes, in an interview with local TV affiliate WECT. "My uncle actually sold me the winning ticket."

Holmes, who used to work at McDonald's and WalMart, said she no longer has to worry about providing for her son and three daughters.


She'll be back on welfare within 6 years, book it.

Has nothing to do with color either.

Lottery Winners Who Blew It All - Business Insider
 
Article doesn't say she's black or on welfare but the video shows she's black and she's an unemployed mother of 4 kids so i figure.....People on welfare should not be allowed to win a lottery. That money is for the kids not for gambling. At the very least she should have to pay back the state the welfare money they've paid her.

Unemployed mom of 4 wins Powerball in North Carolina Money - Home

feb 13 2015
and the Powerball winner is ... an unemployed mother of four kids.

Marie Holmes, 26, of North Carolina is one of the three winners who picked the combination that won them the $564.1 million jackpot: 11-13-25-39-54-19.

"I thought I was going to have a heart attack when I seen the ticket," said Holmes, in an interview with local TV affiliate WECT. "My uncle actually sold me the winning ticket."

Holmes, who used to work at McDonald's and WalMart, said she no longer has to worry about providing for her son and three daughters.


She'll be back on welfare within 6 years, book it.

Has nothing to do with color either.

Lottery Winners Who Blew It All - Business Insider
Having a financial planner for a significant other isn't always a bad thing.
 
It's great that she won. I hear lots of sour grapes from the Right.


All politics aside surely you admit that a woman who needs me to pay for HER food shouldn't be spending money on lottery tickets, and sorry but you are a brain dead fool if you honestly believe she should be.
Why are you complaining if she is no longer eligible for welfare due to her new found means?
 
It's great that she won. I hear lots of sour grapes from the Right.


All politics aside surely you admit that a woman who needs me to pay for HER food shouldn't be spending money on lottery tickets, and sorry but you are a brain dead fool if you honestly believe she should be.
Why are you complaining if she is no longer eligible for welfare due to her new found means?


I'm not complaining you moron. I'm stating a FACT. People who tell the government they need assistance buying food shouldn't be wasting what money they do have on playing the lottery. For every one who wins tens of thousands do not.

Idiot.
 
It's great that she won. I hear lots of sour grapes from the Right.


All politics aside surely you admit that a woman who needs me to pay for HER food shouldn't be spending money on lottery tickets, and sorry but you are a brain dead fool if you honestly believe she should be.
Why are you complaining if she is no longer eligible for welfare due to her new found means?


I'm not complaining you moron. I'm stating a FACT. People who tell the government they need assistance buying food shouldn't be wasting what money they do have on playing the lottery. For every one who wins tens of thousands do not.

Idiot.

Why do you believe that? Did the same apply to corporate welfare or even corporate welfare bonuses?

Does the right really Only have a problem with Socialism, when the wealthiest are not getting bailed out and letting the rest trickle down?
 
I'm sure any undergraduate math major could give us the statistics and proability of success. :) Only so many outcomes of the lottery. If there's say 1 trillion possible number combinations and you bought (for the sake of illustration) 500 billion tickets, you'd expect to win 50% of the prizes/money.

Then why so any Whales in Vegas? btw, they do win. Bankroll to bankroll you're better off in Vegas.
 
She won 200 million. 50% will be taken in taxes right up front. Then all her capital gains will be taxed again and again. She should thank her Gawd she's a democrat! :) I'm lovin it!

She'll be taxed for the win at 46%, but capital gains on future investments can be mitigated if she uses existing loopholes. She could easily be one of the unemployed millionaires, like me.
 
If the welfare angle is correct then the lottery ticket was bought with taxpayer money and the proceeds oughta go back to the taxpayers. But I feel generous today so her donating 1/2 toward the federal deficit would feel right.

Think of it as semi-redistributive and it'll be easier to get with the program.
 
Bought with your tax dollars. That money was meant for raising her 4 pickaninnies not for gambling. Welfare recipients should not be allowed to keep any lottery winnings. THINK

She'll pay close to $100M in taxes. She'll probably spend most in the economy, so payback is done.

She's part of the millionaire club now. Our monies are better than yours.
 
If the welfare angle is correct then the lottery ticket was bought with taxpayer money and the proceeds oughta go back to the taxpayers. But I feel generous today so her donating 1/2 toward the federal deficit would feel right.

Think of it as semi-redistributive and it'll be easier to get with the program.

Except the money was given to her because she qualified for it.

Here's an idea; Since the deficit was caused by Republicans/corporate America/wall street, perhaps those should payoff the deficit.
 
You guys realize that since this woman won the lottery, she's paid more in taxes than any of you will in your entire lives?
 

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