Skip to comments.The First-Ever Lottery Jackpot Richer Than Mitt Romney
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 ...
How many minutes of Federal Spending would that cover?
Up to 640 Billion now.
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.
Woops! Billion s/b Million!
I heard that it would pay off 1/10,000 of the deficit.
Well that does it. If I win, I am going to buy this election.
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
seems like it came from Daily kos!
Obama is the master at this, Romney would have to defer to him for advice.
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.
The rest is unadulturated bullsh*t.
How many Obama family vacations would the lottery cover?About half of them would be my guess.
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...
Most of them, we never hear about again unless they go broke or get in trouble with the law.
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...
Is it richer than Obama’s sugar daddys: George Soros and Warren Buffett?
Taxed at 100%, it would cover about 75 minutes of 2012 federal spending.
No, not even close.
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