Posted:
#26
word is the Boise St FG kicker was the one holding one of the two winning tickets. 
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Mega Millions 355M Jackpot
Posted:
#34
The lump sum payout tends to equal about 30 percent on the total jackpot.. the annuity pays alot more in the long run but who knows with interest and investments what will happen? Prob better to take the annuity. It's not like you won't be able to do anything or buy anything you want either way
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Posted:
#36
Quote Originally Posted by dillon24:
The lump sum payout tends to equal about 30 percent on the total jackpot.. the annuity pays alot more in the long run but who knows with interest and investments what will happen? Prob better to take the annuity. It's not like you won't be able to do anything or buy anything you want either way
fuck that. if you don't think you could average a better return with your money over time than the annuity gets you in higher proceeds, then you are an idiot. take the lump sum and invest it soundly and you will DESTROY the "higher amount" you get through the annuity
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Posted:
#38
Quote Originally Posted by The Hawk:
I got $10 on it............
What I like, I play the "regular" Cal Lottery, and people go "I'm not going to play until it gets big".........................Yeah, like 7 mil wouldn't change your lifestyle.................
I never play til it gets big. The odds dont change, but the winnings do. I can bet $1 to win $7 mill, or $1 to win $355 mill .....I like the second much better....
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Posted:
#39
Quote Originally Posted by Daddy_Freddie:
What saddens me about these lottery's is they tax your winnings...in my opinion, this should not happen...your already playing with "taxed" money...all lottery winnings should be tax free.
What saddens me about these lottery's is they tax your winnings...in my opinion, this should not happen...your already playing with "taxed" money...all lottery winnings should be tax free.
LOL yeah it is that easy. Try explaining that to the IRS.
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Posted:
#40
Quote Originally Posted by Gunners:
fuck that. if you don't think you could average a better return with your money over time than the annuity gets you in higher proceeds, then you are an idiot. take the lump sum and invest it soundly and you will DESTROY the "higher amount" you get through the annuity
It really depends on how old you are. All of us I would agree. The rule of 72 would double our money every 9 years on a conservative basis or perhaps 7 if invested much more aggressively. I am 34 for if I won $100 mill based on the lump sum payout I could have $350 mill in 31.5 years just conservatively investing it. Now if I was say 78 I would have a very different answer.
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Posted:
#45
Quote Originally Posted by jesron1269:
It really depends on how old you are. All of us I would agree. The rule of 72 would double our money every 9 years on a conservative basis or perhaps 7 if invested much more aggressively. I am 34 for if I won $100 mill based on the lump sum payout I could have $350 mill in 31.5 years just conservatively investing it. Now if I was say 78 I would have a very different answer.
Please give me a conservative investment where I double my money in 9 years, which is 8% per year.
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