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06-05-2009, 02:10 PM
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#1 | | y'all better put some respeck on my name
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| 23 year old rancher wins $232 million jackpot
 Quote:
PIERRE, S.D. – If this were a movie, nobody would believe it: A rancher struggling to eke out a living in one of the poorest corners of America claimed one of the biggest undivided jackpots in U.S. lottery history Friday — $232 million — after buying the ticket in a town by the name of Winner.
Neal Wanless, 23, said he intends to buy himself more room to roam and repay the kindness other townspeople have shown his family.
"I want to thank the Lord for giving me this opportunity and blessing me with this great fortune. I will not squander it," he promised, wearing a big black cowboy hat and a huge grin.
Wanless, who is single, lives with his mother and father on the family's 320-acre ranch near Mission, where they raise cattle, sheep and horses. They don't own a phone, a mobile home of theirs was repossessed last year, and records show they have fallen $3,552 behind in their property taxes.
Wanless bought $15 worth of tickets to the May 27 30-state Powerball drawing at a convenience store in Winner during a trip to buy livestock feed. He will take home a lump sum of $88.5 million after taxes are deducted.
The Wanless home stands in a grove of trees in Todd County, home to the Rosebud Sioux Tribe. It was the nation's seventh-poorest county in 2007, according to the Census Bureau.
Dave Assman, who owns farmland next to the Wanless ranch, said he is happy the family won't have to worry about money any more. "They've been real short on finances for a long time," Assman said. "They are from real meager means, I guess you'd say."
"I hope they enjoy their money," said county assessor Cathy Vrbka, a family friend. "They work hard, backbreaking hard work."
Wanless' father, Arlen Wanless, 54, has made a living in recent years mainly by buying and selling scrap metal, but his fortunes dropped with the price of iron, said Dan Clark, an auctioneer from Winner and a friend of more than two decades.
The younger Wanless told lottery officials that he spent the last week working on the ranch and that he intends to continue that lifestyle, albeit on a larger piece of land. According to lottery officials, he recently told his horse, Eleanor, "It'd be nice if we go for a longer ride than usual on a bigger ranch of our own."
"My family has been helped by the community, and I intend to repay that help many times over," Wanless said. He gave no details.
An Oregon family turned $40 worth of tickets into $340 million Powerball prize in 2005, and at least four other winners collected larger jackpots than Wanless' prize.
The store where Wanless bought the winning ticket will get a $50,000 bonus. Sharon Ulmer, manager of the store, said she is glad the Wanless family won.
"From what I understand they don't have a lot, so the money definitely went to a good place," Ulmer said. "I know it went to a good home. They can use it."
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Associated Press writers Carson Walker in Pierre and Dirk Lammers in Sioux Falls contributed to this story.
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06-05-2009, 02:12 PM
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#2 | | Zombie Mod
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Wow. Grats! It sounds like they really deserve it.
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06-05-2009, 02:13 PM
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#3 | | Total victory requires total destruction
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$232 million to 88.5 after taxes are deducted. gay
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06-05-2009, 02:14 PM
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#4 | | I answer every Emotion with an emoticon
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| Quote: |
A rancher struggling to eke out a living in one of the poorest corners of America claimed one of the biggest undivided jackpots in U.S. lottery history Friday — $232 million — after buying the ticket in a town by the name of Winner.
| Quote: |
Wanless bought $15 worth of tickets to the May 27 30-state Powerball drawing at a convenience store in Winner during a trip to buy livestock feed. He will take home a lump sum of $88.5 million after taxes are deducted
| WAT? That's some serious tax right there
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06-05-2009, 02:34 PM
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#5 | | SFICC-05*
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lol, Dave Assman.
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Originally Posted by Hyde  nammer don't listen to me, they listen to money. do you know how cheap it is to have someone killed in vancouver? let alone a beat down | | |
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06-05-2009, 02:43 PM
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#6 | | Rs has made me the man i am today!
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232 to 88.. that is pretty umm ya.. but still
88mil.. holy fuck.. just think abt the interest you earn =.=
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06-05-2009, 02:53 PM
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#7 | | I *heart* Revscene.net very Muchie
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It didn't all go in taxes. In order to receive the total amount you need to accept payments over a [usually] 20 year period. If you take a lump sum up front you get a greatly reduced amount. Then, almost half of that goes in taxes.
Thankfully, in Canada we are not taxed on winnings. Still, US$88 million free and clear is a nice take.
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06-05-2009, 03:16 PM
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#8 | | WOAH! i think Vtec just kicked in!
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I hope he gives nearly all away. The book "Fool's Gold" analyzes the lives of common people who win huge sums. Sadly, the vast majority cannot handle the leap in socioeconomic status and experience misery.
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06-05-2009, 03:18 PM
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#9 | | :inoutugh:
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^ what Mancini said.
also, why didnt the guy take the payment plan instead. hes only 23 years old, not like hes going to die of old age anytime soon.
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06-05-2009, 03:20 PM
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#10 | | To me, there is the Internet and there is RS
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06-05-2009, 03:22 PM
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#11 | | I don't get it either
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lol anyone chuckled at his last name?
"whats your name?"
"hello! i'm wanless"
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06-05-2009, 03:40 PM
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#12 | | I Will not Admit my Addiction to RS
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| Quote:
Originally Posted by Boostaholic lol anyone chuckled at his last name?
"whats your name?"
"hello! i'm wanless" | Boostaholic: "LOL you're WANLESS!"
Neal Wanless: "I have 88 MILLION different reasons to LOL @ you"
Boostaholic = [/slitswrists]
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06-05-2009, 03:59 PM
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#13 | | Official Texas Ambassador
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A working man under 60 wins the lottery? Hell yeah
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06-05-2009, 04:02 PM
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#14 | | Ask me about how I answered the question "How fat is TOO fat?"
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| Quote:
Originally Posted by chun lol, Dave Assman. | lmao i caught that too
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Originally Posted by toyota86 the guys over at lambo vancouver said there are 60-70 pre-orders already. don't quote me though. | | |
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06-05-2009, 04:07 PM
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#15 | | I contribute to threads in the offtopic forum
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| Quote:
Originally Posted by 604racer ^ what Mancini said.
also, why didnt the guy take the payment plan instead. hes only 23 years old, not like hes going to die of old age anytime soon. | It really depends how long the payment is... if they are paying out 232 mil in over the next 15 - 30 years, i'd rather take the lump sum. You'd never know what will happen to the lottery company. If they go bankrupt for example, your payment stops.
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06-05-2009, 04:08 PM
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#16 | | I contribute to threads in the offtopic forum
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wow... 232 mill and he only gets 88.5.... American lottery sucks.
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06-05-2009, 04:52 PM
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#17 | | To me, there is the Internet and there is RS
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| Quote:
Originally Posted by aznlangjai It really depends how long the payment is... if they are paying out 232 mil in over the next 15 - 30 years, i'd rather take the lump sum. You'd never know what will happen to the lottery company. If they go bankrupt for example, your payment stops. | It's state run so it will never go bankrupt plus there is insurance and safeguards in place so even if something happens they will still get the money.
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06-05-2009, 05:12 PM
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#18 | | Waxin’ Punks
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Bought the ticket in Winner and his neighbour the Assman is happy for him...
sick shirt
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06-05-2009, 05:38 PM
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#19 | | HELP ME PLS!!!
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Originally Posted by Manic! It's state run so it will never go bankrupt plus there is insurance and safeguards in place so even if something happens they will still get the money. | it's not like he needs more then 88 million. I'd take the lump some on that amount too.
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06-05-2009, 05:59 PM
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#20 | | DOES HE LOOK LIKE A BITCH?
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the names lol
Wanless and Assman
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06-05-2009, 06:03 PM
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#21 | | Even when im right, revscene.net is still right!
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06-05-2009, 06:14 PM
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#22 | | I WANT MY 10 YEARS BACK FROM RS.net!
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88 million is A LOT...doesn't matter how it is going to pay out.
I hope he will spend the money wisely | |
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06-06-2009, 07:59 AM
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#23 | | Performance Moderator
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So he's single and lives with his parents and just won $88 million............ how long until he's on The Bachelor???
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06-06-2009, 08:09 AM
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#24 | | I answer every Emotion with an emoticon
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Originally Posted by 68style So he's single and lives with his parents and just won $88 million............ how long until he's on The Bachelor??? | He's 23 and doesn't look totally fat or ugly.
This guy is prime reality TV material, though it sounds like he might be interested in that.
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Originally Posted by MajinHurricane who would ban me? lol. Look at my post count. | | |
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06-06-2009, 08:50 AM
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#25 | | What hasn't Killed me, has made me more tolerant of RS!
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The $232m -> $88m is not all because of tax deduction. Lottery winners are given the choice of regular payments until the full amount is paid (ex. $20000 per month for 20 years) or a lump sum for a lower amount. He took the lump sum. Also, he's not an idiot for taking the lump sum. The present value of all the other payments is around $88m. Not for long...
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