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20 Costco Workers Quit Their Jobs Share A $202 Million Powerball Jackpot

| Filed under: Wacky, Tacky & True

costco employees win jackpot

Any Costco employees who didn't join that pool must be KICKING themselves right now!

20 workers at a Long Island Costco each put in $5 toward the lottery, and the group just won a $201.9 million Powerball jackpot! WOWSA!

The winning employees went for a lump sum payout instead of receiving winnings over a 20-year period, so they'll be bringing home $70.2 million after taxes.

No word yet on whether or not there will be massive job fair at their Costco soon, because the group hasn't decided if they're going to quit their jobs or not.

Here's what winner Kim Karkota had to say about it:

“We’re all dedicated to making our money last, and just to breathe easy and have a happy life."

That's certainly mature thinking, but def do SOMETHING fun with that money too! Perhaps a Hawaii vacation with loved ones?

…OR they could go on a massive shopping spree and buy out EVERYTHING from their Costco! Gotta love those oversized barrels of cheese balls. Ha!

What would U do with $3.51 million??? And yes, that's 1/20th of $70.2 mil.

[Image via AP Images.]

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11 comments to “20 Costco Workers Quit Their Jobs Share A $202 Million Powerball Jackpot”



  1. 1

    3.5 million will not get you anywhere in long island or NYC. I suggest they hold onto those jobs and invest the 3.5 million.



  2. 2

    Who knows, you make that every month. Except you don't do anything with it because you HAVE NOBODY TO SHARE THE JOY WITH! BABAAHAHAHAHAHAHAHAHAA



  3. 3

    If they were concerned with making the money last, why wouldn't they take the 200 mill over 20 years?



  4. 4

    Over 200 mil & more than half goes to taxes? How is that even right?!?!



  5. 5

    $3.5 million conservatively invested will net them almost $250,000 a year at around 7% interest.
    More than enough money to live very well.



  6. 6

    I'd go into hiding…



  7. 7

    They should quit their jobs so they can open up for other people that actually need the jobs. No need for them to be greedy. I say they all should put in their resignation, and leave as soon as they can be replaced. Even without investing, they will all have almost $60k a year, assuming they all live for another 60 years each. I know it could be different for all of them, but even $40k a year is fine to live on.

    Not to mention they could invest the majority of it, and be gaining interest as the years go by. Keeping their jobs is just greedy when there's other people out there who need them.

    And don't give me that whole, "I don't know what I'd do if I wasn't working" mumbo jumbo. Go volunteer somewhere, there's plenty of places that are looking for volunteers, which could provide you with work, while not directly taking away a paying position from someone.

  8. mayi says – reply to this


    8

    Wait a minute..For a country without "free" health care system, the net amount doesn't seem right at all! lol

    Regardless, 3 millions well invested and more than enough to live well without working.



  9. 9

    I smell a reality TV show, someone get Jerry Bruckheimer on the phone, this would be gold!!!!!!



  10. 10

    That sucks that you Americans have to pay taxes on your winnings. It just defeats the whole purpose of winning a 200 million dollar jackpot and only get $70mill out of it. Thats all sorts of fucked up

  11. @v@ says – reply to this


    11

    Re: Canadian_n_proud – So in Canada when you've won 50 million, you GET 50 million? Just read that canuck winnings are tax free, with eventual normal tax rates on the future income/interest on the winnings in the post years. It just seems like false advertising to say you won $202 million, but actually get 70.2 million. Why not just advertise the winnings as 70.2 million?