Talk of The Villages Florida

Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Welcome to Chicagoland taxes (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/welcome-chicagoland-taxes-361000/)

bluecenturian 09-01-2025 03:07 PM

We came from NY and although my property taxes are creeping up we don’t paid state or city tax and don’t have the crime rate anywhere close to what is up north. If you don’t like the land of freedom in Florida you are certainly free to go back to the progressive state. It’s nut always about the dollar.

OrangeBlossomBaby 09-01-2025 03:55 PM

Quote:

Originally Posted by bluecenturian (Post 2458257)
We came from NY and although my property taxes are creeping up we don’t paid state or city tax and don’t have the crime rate anywhere close to what is up north. If you don’t like the land of freedom in Florida you are certainly free to go back to the progressive state. It’s nut always about the dollar.

Got my powerball tickets. I'll let ya know tomorrow if I'm going back to CT. Fingers crossed.

kbrkr 09-01-2025 04:16 PM

Quote:

Originally Posted by Normal (Post 2457810)
Sumter county has the 14th highest property tax rate with 53 other counties trailing here in Florida.

Florida'''s property taxes, ranked by county

I don't understand this list...How can Sumter county be higher than Marion County when every home I see in TV, the taxes are the complete opposite?

Aces4 09-01-2025 05:56 PM

Quote:

Originally Posted by OrangeBlossomBaby (Post 2458269)
Got my powerball tickets. I'll let ya know tomorrow if I'm going back to CT. Fingers crossed.

I hope you win, good luck. I'd love to tell people I know of someone who won big time! (That should be enough to live in CT until...lol.)

OrangeBlossomBaby 09-01-2025 06:16 PM

Quote:

Originally Posted by Aces4 (Post 2458304)
I hope you win, good luck. I'd love to tell people I know of someone who won big time! (That should be enough to live in CT until...lol.)

Already have it figured out. Taking the lower-valued cash payout, after taxes and splitting 50% of the balance with beloved spouse, I'll have around $200million. Give my sister and dad a couple million each just cause they should have it.

Buy a small ranch-style house in New Haven County, probably North Haven because of all the towns I've lived in and around in the county (born and raised in Hamden), I like that one best. Donate a crap-ton of money to various and sundry organizations such as battered womens' shelters and animal rescue groups. Have that damned hip replacement and hire a handful of caregivers to deal with my crotchety old self until I'm fully recovered.

Spend some time travelling. Go on the river cruise I've wanted to do for years. Maybe spend a couple months in Europe (UK, Ireland, Scotland, and Wales). Experience the bliss of grabbing a handful of fresh fallen snow from the back yard and eating it. Eat real pizza again. Overpay some neighbor kids to shovel my driveway every time it snows.

Buy a NEW car, for the first time in my life. In fact - buy a new car, AND buy a 1974 VW bus, fully restored, with chintz curtains and window screens for when I feel like taking off for a random weekend.

I could spend just $10 million in the first year (including gifts/donations), and live off the interest of the rest til I'm just ash in a ceramic jar.

Aces4 09-01-2025 07:02 PM

Quote:

Originally Posted by OrangeBlossomBaby (Post 2458305)
Already have it figured out. Taking the lower-valued cash payout, after taxes and splitting 50% of the balance with beloved spouse, I'll have around $200million. Give my sister and dad a couple million each just cause they should have it.

Buy a small ranch-style house in New Haven County, probably North Haven because of all the towns I've lived in and around in the county (born and raised in Hamden), I like that one best. Donate a crap-ton of money to various and sundry organizations such as battered womens' shelters and animal rescue groups. Have that damned hip replacement and hire a handful of caregivers to deal with my crotchety old self until I'm fully recovered.

Spend some time travelling. Go on the river cruise I've wanted to do for years. Maybe spend a couple months in Europe (UK, Ireland, Scotland, and Wales). Experience the bliss of grabbing a handful of fresh fallen snow from the back yard and eating it. Eat real pizza again. Overpay some neighbor kids to shovel my driveway every time it snows.

Buy a NEW car, for the first time in my life. In fact - buy a new car, AND buy a 1974 VW bus, fully restored, with chintz curtains and window screens for when I feel like taking off for a random weekend.

I could spend just $10 million in the first year (including gifts/donations), and live off the interest of the rest til I'm just ash in a ceramic jar.

It appears you have a good plan for your lottery success. Two thoughts, I personally would only leave 5 million in the bank and live off the interest since time is running out. The rest I would spread around and do as much good as I could. (That's me..) The other most important thought is you need to have the hip replaced asap and you indicated in earlier posts that Medicare is around the corner. It sounds like it's taking valuable time out of your life because you can't be as active as you'd like. Line up an excellent physician with many hip replacements already performed and great references. You won't need a houseful of help, recovery is relatively quick and easy unless you have underlying issues. And if we don't win the big prize, good luck to you.:beer3:

OrangeBlossomBaby 09-01-2025 07:41 PM

Quote:

Originally Posted by Aces4 (Post 2458317)
It appears you have a good plan for your lottery success. Two thoughts, I personally would only leave 5 million in the bank and live off the interest since time is running out. The rest I would spread around and do as much good as I could. (That's me..) The other most important thought is you need to have the hip replaced asap and you indicated in earlier posts that Medicare is around the corner. It sounds like it's taking valuable time out of your life because you can't be as active as you'd like. Line up an excellent physician with many hip replacements already performed and great references. You won't need a houseful of help, recovery is relatively quick and easy unless you have underlying issues. And if we don't win the big prize, good luck to you.:beer3:

One of my old high school classmates is one of the top sports-med surgeons in the country. He's still based out of New Haven county and his ortho group specializes in knee and hip replacements. So I'd just call on him to do it.

I can still be active now, but it's painful. Bone-on-bone arthritis ain't no joke. But I'm hyper-flexible and have what's known as "open hips" so I can still dance, ride my bicycle, sit in the lotus position with relative ease. Walking and sitting like a normal person in a regular chair is hard to do, and lately sleeping is difficult if I roll onto my side.

tophcfa 09-01-2025 08:10 PM

Quote:

Originally Posted by OrangeBlossomBaby (Post 2458305)
Already have it figured out. Taking the lower-valued cash payout, after taxes and splitting 50% of the balance with beloved spouse, I'll have around $200million. Give my sister and dad a couple million each just cause they should have it.

Buy a small ranch-style house in New Haven County, probably North Haven because of all the towns I've lived in and around in the county (born and raised in Hamden), I like that one best. Donate a crap-ton of money to various and sundry organizations such as battered womens' shelters and animal rescue groups. Have that damned hip replacement and hire a handful of caregivers to deal with my crotchety old self until I'm fully recovered.

Spend some time travelling. Go on the river cruise I've wanted to do for years. Maybe spend a couple months in Europe (UK, Ireland, Scotland, and Wales). Experience the bliss of grabbing a handful of fresh fallen snow from the back yard and eating it. Eat real pizza again. Overpay some neighbor kids to shovel my driveway every time it snows.

Buy a NEW car, for the first time in my life. In fact - buy a new car, AND buy a 1974 VW bus, fully restored, with chintz curtains and window screens for when I feel like taking off for a random weekend.

I could spend just $10 million in the first year (including gifts/donations), and live off the interest of the rest til I'm just ash in a ceramic jar.

My plan would be totally different. I’d tell my neighbor up north to quit his job and I’d pay him a generous salary with benefits to take care of our northern home so I could spend way more time at our Villages home. And my wife could fly back and forth, with private drivers to/from the airport, to her hearts content to visit the kids and their kids. I’d head back north, hopefully infrequently, as needed to get quality medical care and play some golf with my friends during the summer. And lots of scuba diving in the Caribbean would definitely be on the agenda, along with regulation size lap swimming pools at both homes.

Aces4 09-01-2025 10:51 PM

Quote:

Originally Posted by tophcfa (Post 2458328)
My plan would be totally different. I’d tell my neighbor up north to quit his job and I’d pay him a generous salary with benefits to take care of our northern home so I could spend way more time at our Villages home. And my wife could fly back and forth, with private drivers to/from the airport, to her hearts content to visit the kids and their kids. I’d head back north, hopefully infrequently, as needed to get quality medical care and play some golf with my friends during the summer. And lots of scuba diving in the Caribbean would definitely be on the agenda, along with regulation size lap swimming pools at both homes.

That would take care of the first million, what about the remaining $400,000,000.? Plenty left to share or just sit in your checking account.:thumbup:

OrangeBlossomBaby 09-02-2025 09:00 AM

Oh well. I didn't even get a $40 payout. The good news - no one else won it either, so the jackpot amount just went up again.

Aces4 - not gonna keep just $5m in the bank. Maybe $50M. In various banks, all insured, at the maximum insured amount. I could have the interest from each transferred to a low-balance checking account so I can live off that every month.

But yeah after some thinking - I could buy a few small office buildings, hire some immigration lawyers to help with getting immigrants processed more efficiently into legal residency, maybe help them open businesses that serve their own communities so they can be productive, pay taxes, contribute to society in a positive way. And fully fund a few LBGTQ++ groups that help folks within that community seeking counseling and support. And maybe pay someone who's already proven to do a great job of managing a medical group, manage some clinics in medical deserts around the country so poor folks can have the same quality and availability of care as wealthier people. And definitely I'd find out the "most needed" locations where there are bodegas struggling, and contribute to paying their rent so they can keep prices low for their own communities, while still maintaining pride of ownership and dignity that comes with working for your business. I'd also probably want to open a few Veterans medical clinics, something like Urgent Care meets Rec Center, where our veterans can congregate together AND receive excellent care, while maintaining their independence. And then - I'd take the areas where homeless people are living in tents, and build tiny house neighborhoods in the vicinity, and let those homeless people live there under the condition that they live peacefully, maintain the property, grow their own community garden, and any who are eligible for public financial assistance, receive it and use some of it to pay for the community's upkeep. They need and deserve permanent addresses. Many who have mental disabilities, can't receive disability checks, because they can't maintain a permanent residence and that is one of the criteria to receiving disability checks.

Topspinmo 09-02-2025 09:41 AM

Quote:

Originally Posted by Aces4 (Post 2458304)
I hope you win, good luck. I'd love to tell people I know of someone who won big time! (That should be enough to live in CT until...lol.)

For awhile until taxnettic finds out somebody hoarding their money they are entitled to by inheritance tax….

Aces4 09-02-2025 09:45 AM

Quote:

Originally Posted by OrangeBlossomBaby (Post 2458437)
Oh well. I didn't even get a $40 payout. The good news - no one else won it either, so the jackpot amount just went up again.

Aces4 - not gonna keep just $5m in the bank. Maybe $50M. In various banks, all insured, at the maximum insured amount. I could have the interest from each transferred to a low-balance checking account so I can live off that every month.

But yeah after some thinking - I could buy a few small office buildings, hire some immigration lawyers to help with getting immigrants processed more efficiently into legal residency, maybe help them open businesses that serve their own communities so they can be productive, pay taxes, contribute to society in a positive way. And fully fund a few LBGTQ++ groups that help folks within that community seeking counseling and support. And maybe pay someone who's already proven to do a great job of managing a medical group, manage some clinics in medical deserts around the country so poor folks can have the same quality and availability of care as wealthier people. And definitely I'd find out the "most needed" locations where there are bodegas struggling, and contribute to paying their rent so they can keep prices low for their own communities, while still maintaining pride of ownership and dignity that comes with working for your business. I'd also probably want to open a few Veterans medical clinics, something like Urgent Care meets Rec Center, where our veterans can congregate together AND receive excellent care, while maintaining their independence. And then - I'd take the areas where homeless people are living in tents, and build tiny house neighborhoods in the vicinity, and let those homeless people live there under the condition that they live peacefully, maintain the property, grow their own community garden, and any who are eligible for public financial assistance, receive it and use some of it to pay for the community's upkeep. They need and deserve permanent addresses. Many who have mental disabilities, can't receive disability checks, because they can't maintain a permanent residence and that is one of the criteria to receiving disability checks.

Yeah, we didn't have a number on the ticket. Back to doing our own work around the house which fortunately, we don't mind. I would hope that anyone winning that type of windfall would look around at the causes they would like to fund and support.

Topspinmo 09-02-2025 09:46 AM

Quote:

Originally Posted by OrangeBlossomBaby (Post 2458437)
Oh well. I didn't even get a $40 payout. The good news - no one else won it either, so the jackpot amount just went up again.

Aces4 - not gonna keep just $5m in the bank. Maybe $50M. In various banks, all insured, at the maximum insured amount. I could have the interest from each transferred to a low-balance checking account so I can live off that every month.

But yeah after some thinking - I could buy a few small office buildings, hire some immigration lawyers to help with getting immigrants processed more efficiently into legal residency, maybe help them open businesses that serve their own communities so they can be productive, pay taxes, contribute to society in a positive way. And fully fund a few LBGTQ++ groups that help folks within that community seeking counseling and support. And maybe pay someone who's already proven to do a great job of managing a medical group, manage some clinics in medical deserts around the country so poor folks can have the same quality and availability of care as wealthier people. And definitely I'd find out the "most needed" locations where there are bodegas struggling, and contribute to paying their rent so they can keep prices low for their own communities, while still maintaining pride of ownership and dignity that comes with working for your business. I'd also probably want to open a few Veterans medical clinics, something like Urgent Care meets Rec Center, where our veterans can congregate together AND receive excellent care, while maintaining their independence. And then - I'd take the areas where homeless people are living in tents, and build tiny house neighborhoods in the vicinity, and let those homeless people live there under the condition that they live peacefully, maintain the property, grow their own community garden, and any who are eligible for public financial assistance, receive it and use some of it to pay for the community's upkeep. They need and deserve permanent addresses. Many who have mental disabilities, can't receive disability checks, because they can't maintain a permanent residence and that is one of the criteria to receiving disability checks.

You don’t have George so so Money if you win. Especially after mister tax man comes calling. The billion turns into maybe 300 million if that. Then after you waste most of it probably be broke in two years like most lottery winners. :ho:

Topspinmo 09-02-2025 09:47 AM

Quote:

Originally Posted by Aces4 (Post 2458458)
Yeah, we didn't have a number on the ticket. Back to doing our own work around the house which fortunately, we don't mind. I would hope that anyone winning that type of windfall would look around at the causes they would like to fund and support.

If I win I’ll be funding my cause…:sing:

Aces4 09-02-2025 09:54 AM

Quote:

Originally Posted by Topspinmo (Post 2458461)
If I win I’ll be funding my cause…:sing:

And spend what's left of your days trying to manage your investments.:posting: Do what makes you happy. Per AI: Assuming a recent $1.3 billion Powerball jackpot, a cash option payout is estimated to be around $589 million before taxes. A lottery winner's final amount will vary based on their total taxable income and state of residence. After federal and state taxes, the final take-home amount could range from over $371 million to under $300 million. Btw, I think going out broke would be the perfect ending, last penny gone on the last day.


All times are GMT -5. The time now is 10:21 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
Search Engine Optimisation provided by DragonByte SEO v2.0.32 (Pro) - vBulletin Mods & Addons Copyright © 2025 DragonByte Technologies Ltd.