Clearly not, since I don't play the lotto. You're just a stupid old man who lives off of stereotypes.
I mean I've moved around quite a bit, but yes I am "from the 'hood." However, I was also flying via private jet when I was as young as 10 years old or so. Were you?
I see that the cash value option is $565.6M. Depending on residency, winner might clear ~ $280M - $300M. Winner that opts for annuity payout option would gross ~ $25M in 1st year, ~$52M in last year (26 years ?) Think you could handle that ?
Never take the annual payouts! Always take the lump sump so you have it all started your disposal. If the state runs out of money for whatever reason they can stop paying you your monthly sum
@DM- Different states have different income tax rates, so the take home pay would not be uniform across the board.
@Vb- Point well taken, but if there are multiple winners, and just one opts for annuity, then all winners must take annuity. If multiple winners, and 1 unclaimed winner for protracted period, I think annuity becomes the default option.
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Here's the kicker... I don't even play the lotto.
I mean I've moved around quite a bit, but yes I am "from the 'hood." However, I was also flying via private jet when I was as young as 10 years old or so. Were you?
I’m planning a trip to visit the “Women of TUSCL”
It will be fun :)
Never take the annual payouts! Always take the lump sump so you have it all started your disposal. If the state runs out of money for whatever reason they can stop paying you your monthly sum
@Vb- Point well taken, but if there are multiple winners, and just one opts for annuity, then all winners must take annuity. If multiple winners, and 1 unclaimed winner for protracted period, I think annuity becomes the default option.