Joan Cox, Denver Real Estate - Selling One Home at a Time (House to Home, Inc.  - Denver Real Estate - 720-231-6373)

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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

$780.5 million is what their lump sum is supposed to be.

Sep 21, 2022 03:06 PM
Rainmaker
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

When someone gets (or can get) all that they want, all the time, they are in for a rude awakening of a sort. Excess becomes the norm and while it first satisfies, it quickly becomes like a drug where you cannot help yourself and it takes over eventually changing your whole demeanor. The smartest thing anyone can do with any excess is to moderate it or it will own you. 

Sep 22, 2022 05:59 AM
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 I wish them the best.  There is something called, "The Curse of the Lottery".  I hope they don't come under it.

Sep 21, 2022 05:32 PM
Rainmaker
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Peter Mohylsky
PMI. Destin - Miramar Beach, FL

They might move to Florida?  Lol.

Sep 21, 2022 02:23 PM
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I would love to hear they would want a property in Denver!

Sep 21, 2022 05:08 PM
Rainmaker
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John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

The winners are undergoing a live changing event! My hope is that they use the money wisely. We can all only wonder what we would do in the same circumstances.

Sep 21, 2022 04:49 PM
Rainmaker
1,377,740
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

Wonder if they're gonna try and buy Twitter...

Sep 22, 2022 09:43 AM
Rainmaker
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Lyn Sims
Schaumburg, IL
Real Estate Agent Retired

They did finally show us who they were but I can't remember if they released the names. 2 friends - hope it stays that way.

Sep 22, 2022 06:43 AM
Rainmaker
849,622
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

...and to remain anonymous; good for them!

Sep 22, 2022 05:48 AM
Ambassador
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hopefully they won't succumb to the issues some other lottery winners have experienced.

Sep 21, 2022 08:26 PM
Rainmaker
740,761
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

What do they actually walk away with Joan do you know? Here in Canada lottery winnings are not taxed you would walk away with the full amount.

Sep 21, 2022 06:00 PM
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John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Joan Cox most likely they will buy homes in different areas too.

Sep 21, 2022 04:50 PM
Rainmaker
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Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

I would take the annual distribution and leave it to my two daughters.  I figure that over the years they will become more wise with money and have funds to last and pass on to my grandchildren.

Sep 24, 2022 10:53 AM
Rainmaker
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Doug Dawes
Keller Williams Realty Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Good for them. Their lives have been forever changed. I hope they live happy lives

Sep 23, 2022 07:25 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Hopefully they will call me for a very high end retirement home up north.

Sep 22, 2022 11:10 AM
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Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FLorida Real Estate Connector

We can all be ready for multiple purchases.  It appears Step 1 was to research before collecting.  They may be in good hands. We may see a new charity created as a result of this income.  We never know😎

Sep 22, 2022 06:40 AM
Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

With proper planning they will both have approximately 250 million in their pocket after taxes. Some big pockets!

Sep 22, 2022 04:55 AM
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

And then be ready to help them out in a year when they're bankrupt and facing foreclosure.  The overwhelming amount of lottery winners end up bankrupt after that first year.  They spend and never think about the taxes they'll have to pay.

Sep 21, 2022 08:07 PM
Rainmaker
1,140,276
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

The Federal tax plus the State tax will take its toll leaving about $234 million to play around with. Not too bad of a return for a $2 piece of paper. There's surely value added when the anonymity is factored into it. 

Sep 25, 2022 04:38 PM
Rainmaker
1,668,258
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

Maybe they'll want to have a home on Maui too... happy to pay a referral fee if anyone sends them my way!

Sep 24, 2022 03:03 PM