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left-of-center2012

(34,195 posts) Thu Oct 24, 2019, 01:55 PM Oct 2019

Michigan couple with 21 grandchildren claims $80M Powerball

A northern Michigan couple with seven children and 21 grandchildren has claimed an $80 million Powerball prize. Fifty-four-year-old Phillip Chippewa of Suttons Bay traveled to Lansing on Wednesday with his wife, Dawn, and their family to claim their prize.

Their Powerball ticket matched all five numbers and the Powerball in the Sept. 21 drawing. The couple opted to receive their payment as a one-time lump-sum, which came to $42 million after taxes.

Chippewa says he now has all the money he’ll ever need to help his family for generations. The couple’s plans for their winnings include buying homes for each of their children.

They’re both members of and work for the Grand Traverse Band of Ottawa and Chippewa Indians, but they plan to keep working for now.

https://www.apnews.com/63319e638aeb4e9da2dd77b08eb10858

8 replies

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Michigan couple with 21 grandchildren claims $80M Powerball (Original Post) left-of-center2012 Oct 2019 OP

YYYAAAAAAAAS!!!!! I love this. nt Baltimike Oct 2019 #1

Good for them Popcorn Samurai Oct 2019 #2

Jeepers $80 Million Winners; but only receiving $42 Million MagickMuffin Oct 2019 #3

That's why you get tax advice BEFORE you claim prize. Grins Oct 2019 #5

It's not just tax. Mariana Oct 2019 #8

Yah, alway hope they get professional and honest advise with their now financial a kennedy Oct 2019 #4

Am I the only one who doesn't like stories like this one? Goodheart Oct 2019 #6

Happy for them! kairos12 Oct 2019 #7

Baltimike

(4,146 posts)

1. YYYAAAAAAAAS!!!!! I love this. nt

Reply to left-of-center2012 (Original post)

Thu Oct 24, 2019, 01:56 PM

Oct 2019

Popcorn Samurai

(30 posts)

2. Good for them

Reply to left-of-center2012 (Original post)

Thu Oct 24, 2019, 02:09 PM

Oct 2019

Nice to see someone who can use the money. I live about 15 miles south of Suttons Bay, beautiful little town.

MagickMuffin

(15,944 posts)

3. Jeepers $80 Million Winners; but only receiving $42 Million

Reply to left-of-center2012 (Original post)

Thu Oct 24, 2019, 02:14 PM

Oct 2019

They need to figure out how the Billionaires keep all their money.

Glad they won.

Grins

(7,218 posts)

5. That's why you get tax advice BEFORE you claim prize.

Reply to MagickMuffin (Reply #3)

Thu Oct 24, 2019, 02:40 PM

Oct 2019

My suggestion: claim prize in January & you have a year to plan.

Mariana

(14,858 posts)

8. It's not just tax.

Reply to Grins (Reply #5)

Thu Oct 24, 2019, 03:06 PM

Oct 2019

The large payout number is if you take it over however many years. Taking a one-time payout always is much less.

a kennedy

(29,675 posts)

4. Yah, alway hope they get professional and honest advise with their now financial

Reply to left-of-center2012 (Original post)

Thu Oct 24, 2019, 02:22 PM

Oct 2019

problems. I never want to win that much.....

Goodheart

(5,334 posts)

6. Am I the only one who doesn't like stories like this one?

Reply to left-of-center2012 (Original post)

Thu Oct 24, 2019, 03:01 PM

Oct 2019

Maybe I'm a grinch. LOL.

I don't know... guess I'm too focused on the big picture. A lot of people lost a lot of money for one lucky ticket, for one lucky family who is not more deserving or more heart-tugging than millions of others.

Maybe I'm jealous? I don't like lotteries.

kairos12

(12,862 posts)

7. Happy for them!

Reply to left-of-center2012 (Original post)

Thu Oct 24, 2019, 03:04 PM

Oct 2019

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