Author Topic: NJ powerball winner a deadbeat dad, owes $29,000.  (Read 573 times)

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Offline powderman

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NJ powerball winner a deadbeat dad, owes $29,000.
« on: March 28, 2013, 03:38:52 AM »
http://www.foxnews.com/us/2013/03/28/new-jersey-powerball-winner-owes-2g-in-child-support/?test=latestnews
 
         New Jersey's Powerball winner owes $29G in child support 
Published March 28, 2013
Associated Press   PATERSON, N.J. –  The New Jersey man who won the $338 million Powerball jackpot owes approximately $29,000 in child support.
Authorities stopped by Pedro Quezada's Passaic apartment on Wednesday, one day after the 44-year-old claimed a lump-sum payment worth $221 million, or about $152 million after taxes. No one answered the door.
 
In an email, Passaic County Sheriff Richard Berdnik tells The Record newspaper generally the state Lottery Division would satisfy the judgment before all the winnings are released. Berdnik says Quezada is subject to potential arrest like everyone else until the warrant is satisfied.
A Sheriff's Department spokesman says the unpaid child support payments go back to 2009. It's not known which of Quezada's five children are covered under the payments.
The small store where Quezada worked is up for sale.
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Offline Dixie Dude

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Re: NJ powerball winner a deadbeat dad, owes $29,000.
« Reply #1 on: March 28, 2013, 04:02:12 AM »
The first guy who won the New York lottery back in 1975 was on welfare.  He won $1 million after taxes.  Within 5 years he was back on welfare.  This will probably end up the same.  His relatives will come out of the woodwork for money.  His ex(s) will hit him up for more child support.  He will probably buy a Lincoln or Caddie, spend money on hookers, drugs, and such, and maybe party the money away and be back in the same boat within 5 years or so.  I think if they are going to have a lottery, that if a poor person wins it, they should be required to invest part of the money or a percentage in a retirement fund or IRA so they won't be a burden to society when they are older.  I also think they should be required to put the money in a fund and only withdraw a maximum ammount per year out so they can't spend it all at one time and they would never be on welfare, food stamps or a burden to society again.  He could have put $50 million in an IRA and not paid taxes on it.  Put the rest in a fund that he could only withdraw $2 million or so per year out for the rest of his life. 
 
I also think if the government is going to have a lottery, that one can only win $1 million and have $221 $1 million dollar winners.  Also, these winners can never win again or play again.  So, this would create more million dollar winners.  This would encourage more to play for a higher chance to win.  I still would not play, but with rules for manditory IRA's, this would keep a lot of people off the dole and help with peoples retirements.  Over time, most people in the country would have an IRA if they eventually won. 
 
For instance there are 4.5 million people in Alabama.  Lottery's for a few years at a limit of $1 million per winner would easily get everyone in Alabama a $1 million.  With a requirement of at least $500,000 in a retirement IRA.  This would solve a huge retirement problem for Alabamians.  Once everyone was at least a winner one time, then start over with money required to pay off mortgages and/or buy homes.  Then again for education.  It could work out great, but that's not the way they run things. 

Offline garbhead

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Re: NJ powerball winner a deadbeat dad, owes $29,000.
« Reply #2 on: March 28, 2013, 04:21:52 AM »
The first guy who won the New York lottery back in 1975 was on welfare.  He won $1 million after taxes.  Within 5 years he was back on welfare.  This will probably end up the same.  His relatives will come out of the woodwork for money.  His ex(s) will hit him up for more child support.  He will probably buy a Lincoln or Caddie, spend money on hookers, drugs, and such, and maybe party the money away and be back in the same boat within 5 years or so.  I think if they are going to have a lottery, that if a poor person wins it, they should be required to invest part of the money or a percentage in a retirement fund or IRA so they won't be a burden to society when they are older.  I also think they should be required to put the money in a fund and only withdraw a maximum ammount per year out so they can't spend it all at one time and they would never be on welfare, food stamps or a burden to society again.  He could have put $50 million in an IRA and not paid taxes on it.  Put the rest in a fund that he could only withdraw $2 million or so per year out for the rest of his life. 
 
I also think if the government is going to have a lottery, that one can only win $1 million and have $221 $1 million dollar winners.  Also, these winners can never win again or play again.  So, this would create more million dollar winners.  This would encourage more to play for a higher chance to win.  I still would not play, but with rules for manditory IRA's, this would keep a lot of people off the dole and help with peoples retirements.  Over time, most people in the country would have an IRA if they eventually won. 
 
For instance there are 4.5 million people in Alabama.  Lottery's for a few years at a limit of $1 million per winner would easily get everyone in Alabama a $1 million.  With a requirement of at least $500,000 in a retirement IRA.  This would solve a huge retirement problem for Alabamians.  Once everyone was at least a winner one time, then start over with money required to pay off mortgages and/or buy homes.  Then again for education.  It could work out great, but that's not the way they run things.
Your faith in humanity is outstanding..  you assume every poor lottery winner is going to spend money on drugs, hookers and such...also you want smaller government yet you want winners to be forced to put some of their winnings away where they can't get to it. Who do you suppose could do that?  Government, maybe?...lastly your math is typical Sarah Palin-inspired...if everyone took turns of daily winning $1 million dollars, it would take 4.5 million days to get around to everyone in Alabama.
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Offline Jim, West PA

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Re: NJ powerball winner a deadbeat dad, owes $29,000.
« Reply #3 on: March 28, 2013, 04:57:06 AM »
And then, there was the woman in Illinois, Chicago i think it was, that won the lottery back in the 80's. She was on welfare for quite sometime before her winnings. Guess what the first thing was that she did when she won ?
 She paid all the monies back that she recieved from welfare.
She stated something to the effect that.  " I know how this system helped my children and i in our time of need, so i want to be able to help others the same way ".
 Not all welfare recipients are dishonest people.
 I tried to google up a link to this story and all i found were stories of lotto winners caught cheating the welfare system. Go figgure.
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Offline nw_hunter

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Re: NJ powerball winner a deadbeat dad, owes $29,000.
« Reply #4 on: March 28, 2013, 05:21:22 AM »
When it's all said and done, these State owned lottery's make Al Capone look like a piker.
For instance...........Here in the Peoples Republic Of Oregun if you win the 10 spot keno grand prize of 1,000,000 bucks, and take the cash :-\ you only get 500,000. So! in reality you only get half a million. What happened to the other half?

If you play the multiplier which starts at (ONE) and goes to (TEN) The number (ONE) comes up a lot. Needless to say, the multiplier (TEN) is rarely seen. BTW! It cost's double to play the multiplier. Lets see.....One times 100 = uh! 100 When the state owned lottery's print scratch cards, which start with 1.00 cards, they figure in the winning odds using 1.00 winners in the equation.Lets see.....You pay a dollar for the ticked, and walla! You get a one dollar winner. You can buy here in Oregun a 20.00 ticket. You win 20.00 and get your money back, and the State says your a winner. ::)

Don't play their silly A game and be a real winner. ;) So Gambling is legal in most states as long as it's State owned, (Or Indian )but try playing a weekly poker game at old Joe's house and get raided and arrested by the Gestapo  for breaking the the law :o

BTW!  I would rather see a common working stiff win the lottery, than a Donald Trump type. Even a dead beat dad or Welfare Mom, Who cares if their broke after a few day's, month's or years? At least they are spreading it around.
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Offline Old Fart

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Re: NJ powerball winner a deadbeat dad, owes $29,000.
« Reply #5 on: March 28, 2013, 08:07:56 AM »
When it's all said and done, these State owned lottery's make Al Capone look like a piker.

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Offline dakotashooter2

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Re: NJ powerball winner a deadbeat dad, owes $29,000.
« Reply #6 on: March 29, 2013, 09:48:13 AM »
Dumping the lump sum payout would at least partially resolve some of these problems. After all who really NEEDS a hundred million or more in one shot?  Quite honestly I don't know how I would spend that amount of money. I'd probably end up giving a large chunk of it to charity.
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