Skip to comments.
The First-Ever Lottery Jackpot Richer Than Mitt Romney
ABC News via Yahoo! News ^
| March 30, 2012
| by Amber Porter
Posted on 03/30/2012 8:58:25 AM PDT by Oldeconomybuyer
The lottery drawing tonight might make someone very rich and for the first time ever for a lottery richer than Mitt Romney.
Sure, a few jackpot totals have been greater than Romneys estimated worth of $250 million, but after various taxes, no cash payout has ever topped his wealth. Tonights cash option of an estimated $398.8 million would place some lucky person far above the Romneys on the list of Very Rich Americans.
Theres lots of advice being given today on what to do with all that money if you win, but Mitt Romney might have a few good recommendations:
- Install a car elevator for your beach house and hire a personal lobbyist to help push plans through for approval;
- Befriend NASCAR and NFL team owners;
- Own a couple of Cadillacs.
And then theres the sage advice from wife Ann, which is to not even consider yourself wealthy.
Maybe the most valuable piece of advice he could offer is to stay rich by spending other peoples money, not your own.
(Excerpt) Read more at abcnews.go.com ...
TOPICS: Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: 99percent; election2012; journalism; media4obama; mediabias; mediamalpractice; romney
Navigation: use the links below to view more comments.
first 1-20, 21-32 next last
Classic media bias. John Kerry's net worth is $750 million. Al Gore's net worth increased from $2 million in 2000 to over $100 million now after cashing in on Apple and Google board of directors seats. The Clinton's are worth over $80 million.
To: Oldeconomybuyer
How many minutes of Federal Spending would that cover?
2
posted on
03/30/2012 9:02:53 AM PDT
by
DManA
To: Oldeconomybuyer
3
posted on
03/30/2012 9:03:32 AM PDT
by
sheikdetailfeather
("We Need To Teach The Establishment a Lesson" - Newt Gingrich)
To: Oldeconomybuyer
If depends on your state of residence.
In a state with no state income tax, you would get $260 million after taxes. But it would be much less in NY or California.
To: sheikdetailfeather
Woops! Billion s/b Million!
5
posted on
03/30/2012 9:08:47 AM PDT
by
sheikdetailfeather
("We Need To Teach The Establishment a Lesson" - Newt Gingrich)
To: DManA
I heard that it would pay off 1/10,000 of the deficit.
6
posted on
03/30/2012 9:10:01 AM PDT
by
GSWarrior
To: Oldeconomybuyer
Well that does it. If I win, I am going to buy this election.
7
posted on
03/30/2012 9:10:11 AM PDT
by
dforest
To: Oldeconomybuyer
This article is full of cheap shots and jealousy dripping from its author. They can’t stand it when people work hard and earn and spend their own money
8
posted on
03/30/2012 9:10:44 AM PDT
by
dupree
To: Oldeconomybuyer
seems like it came from Daily kos!
9
posted on
03/30/2012 9:12:26 AM PDT
by
MNDude
To: Oldeconomybuyer
stay rich by spending other peoples money, not your own. Obama is the master at this, Romney would have to defer to him for advice.
10
posted on
03/30/2012 9:13:10 AM PDT
by
Brett66
(Where government advances, and it advances relentlessly , freedom is imperiled -Janice Rogers Brown)
To: Oldeconomybuyer
You hit the nail on the head....never a mention of Soros, Kennedy, Pelosi, Kerry...
I hate the Leftist, lying media.
I think we need to get another “Fox-like-but-not-owned-by-Saudis” conservative TV network. I know Kelsey Grammar started Right Network, but I think the cable carriers are slow to add any programming.
Washington Times
Washington Examiner
Fox
Talk Radio
The rest is unadulturated bullsh*t.
11
posted on
03/30/2012 9:18:06 AM PDT
by
wac3rd
(Somewhere in Hell, Ted Kennedy snickers.....)
To: DManA
How many Obama family vacations would the lottery cover?About half of them would be my guess.
12
posted on
03/30/2012 9:20:23 AM PDT
by
Farmer Dean
(stop worrying about what they want to do to you,start thinking about what you want to do to them)
To: Oldeconomybuyer
Oh my, media's not biased at all. ROFL
13
posted on
03/30/2012 9:26:09 AM PDT
by
mykroar
(Please be aware any /sarc tag is for the lurkers, not the Freepers.)
To: Farmer Dean
LOL Glenn Beck said that if the winner was a tea party sort, he could start a PAC on his own with the sole purpose of getting Obama out of office in the November Elections...
14
posted on
03/30/2012 9:28:28 AM PDT
by
BigEdLB
(Now there ARE 1,000,000 regrets - but it may be too late.)
To: Oldeconomybuyer
Is there any mega jackpot winner who has actually done anything which is long term useful with their money?
Most of them, we never hear about again unless they go broke or get in trouble with the law.
15
posted on
03/30/2012 9:29:08 AM PDT
by
Vigilanteman
(Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
To: Oldeconomybuyer
The First-Ever Lottery Jackpot Richer Than Mitt Romney The Stimulus Money Given to Solyndra
16
posted on
03/30/2012 9:29:34 AM PDT
by
N. Theknow
(Kennedys=Can't drive, can't ski, can't fly, can't skipper a boat, but they know what's best for you.)
To: All
It just went up : $640 MILLION per the California Lottery Website. I imagine Brown & his gang of thieves in the back room are trying to repeal the “no state income tax” provision of the lottery law out here...
17
posted on
03/30/2012 9:31:30 AM PDT
by
BigEdLB
(Now there ARE 1,000,000 regrets - but it may be too late.)
To: Oldeconomybuyer
Is it richer than Obama’s sugar daddys: George Soros and Warren Buffett?
18
posted on
03/30/2012 9:35:46 AM PDT
by
rod1
To: Oldeconomybuyer
The total jackpot is $540m. That's a lot of bread!
Taxed at 100%, it would cover about 75 minutes of 2012 federal spending.
19
posted on
03/30/2012 9:37:33 AM PDT
by
cynwoody
To: rod1
Is it richer than Obamas sugar daddys: George Soros and Warren Buffett?No, not even close.
20
posted on
03/30/2012 9:49:05 AM PDT
by
Future Snake Eater
(If we had a President, he'd look like Newt.)
Navigation: use the links below to view more comments.
first 1-20, 21-32 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson