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Tithing Lottery Winnings

Discussion in '2000-02 Archive' started by Aaron, Dec 26, 2002.

  1. Aaron

    Aaron Member
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    Thoughts?
     
  2. Angie Miller

    Angie Miller New Member

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    Yeah I wish he would "Tithe" 10% to our church! [​IMG]
    How come someone with so much already won it? I must assume that God knows he will do good with it or he would not have won it, but then again, is it not gambling to buy a ticket! Beats me. But he can give me some if he wants. I will share the wealth! LOL :D
    Love in Christ Angie
     
  3. Ben W

    Ben W Active Member
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    How would he determine if God requires, 10, 90 or 100%
     
  4. TheOliveBranch

    TheOliveBranch New Member

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    Great day for his church. Is he Baptist? After all, he did say God gave it to him. ;)
     
  5. Alcott

    Alcott Well-Known Member
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    God gave it to him?...
    God pulled millions of dollars out of peoples' pockets so he could win such a big pile of money? I have my doubts. Nevertheless, salvation is akin to a lottery. By calvinism that's all it is; by free will, it's still an accident of birth or circumstance to be conditioned in a culture where the gospel is taught.
     
  6. DeafPosttrib

    DeafPosttrib New Member

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    Lottery is WICKED!!

    Many of you know that!
     
  7. Angie Miller

    Angie Miller New Member

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    So very true! You give what God puts upon your heart. People tend to just stick with the 10% that is mentioned in the Bible. Kind of a cop out in my view, but I was and still am guilty of the so called 10% rule! [​IMG]
     
  8. Hardsheller

    Hardsheller Active Member
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    Surely you jest! :eek:
     
  9. Hardsheller

    Hardsheller Active Member
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    Why?
     
  10. Jim1999

    Jim1999 <img src =/Jim1999.jpg>

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    Regardless of how we feel about lotteries, let us rejoice that this man won.

    He first, thanked God.

    Secondly, he gave freely ten per cent to three local churches. The amount is irrelevant.

    Thirdly, he thought about his workers he had to lay off before Christmas.

    I saw in this whole event, none of self. Isn't it a glorious thing that a man should think of all these things and dare to state so publicly?

    Praise God from Whom ALL blessings flow!

    Cheers,

    Jim
     
  11. bb_baptist

    bb_baptist New Member

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    Isn't it false advertising to advertise the jackpot as $314.9 million when the winner actually received only $111 million?
     
  12. Rev. Joshua

    Rev. Joshua <img src=/cjv.jpg>

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    I assume that's because he chose the "lump sum" option rather than the "pay over time" option.

    Joshua
     
  13. bb_baptist

    bb_baptist New Member

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    The present value of "pay-over-time" equals "lump-sum" [​IMG] so either way, the winner is getting $111 million in today's dollars.

    [ December 27, 2002, 11:41 AM: Message edited by: webmaster ]
     
  14. TurboMike

    TurboMike New Member

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    Voluntary taxation of the poor (the majority anyway)
     
  15. Jim1999

    Jim1999 <img src =/Jim1999.jpg>

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    I am not familiar with taxation in the USA, but in Canada, lottery winnings are tax free. When the prize is distributed in payments, however, it becomes taxable earnings, as does any interest gained on subsequent earnings from the same prize.

    One gains by taking the lesser lump sum payment.

    Cheers,

    Jim
     
  16. TheOliveBranch

    TheOliveBranch New Member

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    After taxes, he will receive about one third of the actual amount awarded, around $115 million. I saw him on the news this morning. He said he was giving his church around $13 mil. first. Then he was going to retire. Seems he was already a millionare, so his lifestyle wasn't going to change much. He has a daughter with cancer, who is in remission for the second time, and he has had health problems, too.
     
  17. rsr

    rsr <b> 7,000 posts club</b>
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    Hmm. Let's be honest. Would you hesitate to give your church a lump sum of $13 million? Not that you don't want to give it, but you wonder whether the church is equipped to properly use and care for that much money.
     
  18. Wisdom Seeker

    Wisdom Seeker New Member

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    Cool...that's what I would do too...if I played the lottery...which I never have. Tithe means tenth part...or first fruits...which would mean gross, before taxes. And in California...they don't give you the whole amount at once, it's a yearly predetermined sum from what I understand....if you want one lump sum...it's a much smaller amount... how do I know? The news.
     
  19. Wisdom Seeker

    Wisdom Seeker New Member

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    rsr...your church wouldn't know what to do with the money? How sad. My church could think of a million uses, I have no doubt whatsoever that they would make good use of the funds. Dorms, buildings, busses...geepers creepers...wouldn't know what to do with the money...that just blows me away.
     
  20. rsr

    rsr <b> 7,000 posts club</b>
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    WS, I have no doubt any church could find ways to spend the money. But could just any church spend it wisely?

    What would a church with a normal operating budget of, say, $250,000, do with $13 million? It's nice to have trust, but often a big windfall brings dissension. The probate courts are full of it.

    It would be nice to think that collectively those who are faithful with little also will be faithful with much. But I have my doubts. Must be the curmudgeon coming out.
     
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