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Wednesday, November 28, 2012

For Sale: Avon or Avon Lake? Powerball's Not Enough

How would you spend tonight's Powerball winnings? We say, "Shop Local."

Since no one in Ohio or elsewhere won the latest multi-state Powerball jackpot the pot will increase to a minimum $425 million for Wednesday’s drawing, Ohio Lottery officials said. The amount signifies one of the largest Powerball pots in the history of the game. It’s not exactly pocket change. According to the PowerBall/Mega Millions Calculator (really, there is one), the $425 million pot would result in one lump-sum payout of  $229,702,385  ($149,306,550.00 after 35 percent tax) or one initial payment of $14,166,667 plus  $9,208,334.00 (after 35 percent tax) per year for 29 additional years. Just in time for holiday shopping. Assuming that there is peace on earth, the world is fed and no one on the planet is in dire need of anything, how…

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French Swede

5:16 pm on Wednesday, November 28, 2012

Hockey in Barbados. "Cool idea". But you'd still probably have to look for a goalie.   more ›

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