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PowerBall
Posted: Wed Oct 24, 2018 10:32 am
by GORDON
I don't. Blow that cash right into the economy like Brewster on crack.
PowerBall
Posted: Wed Oct 24, 2018 10:33 am
by GORDON
BTW that single winner sexually assaulted me 30 years ago,
PowerBall
Posted: Wed Oct 24, 2018 10:35 am
by Leisher
GORDON wrote: BTW that single winner sexually assaulted me 30 years ago,
You too?
PowerBall
Posted: Wed Oct 24, 2018 10:36 am
by GORDON
I swear by my native american ancestry.
PowerBall
Posted: Wed Oct 24, 2018 10:38 am
by Leisher
I laughed at that one.
PowerBall/MegaMillions
Posted: Tue Nov 11, 2025 9:15 am
by Leisher
MM is over $900M right now.
Here's the payout based on your state after taxes.
Catt, what's the best option truly, lump or annuity? Isn't the logic lump because you can get your money working for you faster?
Also, Americans should truly be disgusted at the amount of tax taken from these jackpots while teachers have to use their own money to stock their classrooms. Where is all that money really going?
PowerBall/MegaMillions
Posted: Tue Nov 11, 2025 9:26 am
by TheCatt
Leisher wrote: ↑Tue Nov 11, 2025 9:15 am
Catt, what's the best option truly, lump or annuity? Isn't the logic lump because you can get your money working for you faster?
That's how I feel (lump sum). The discount rate that they use is low (think government bonds), so if you invest in the market, you should, in theory, come out ahead.
Leisher wrote: ↑Tue Nov 11, 2025 9:15 am
Where is all that money really going?
I mean, public records have these details if you want to dig into them.
PowerBall/MegaMillions
Posted: Tue Nov 11, 2025 9:32 am
by Leisher
TheCatt wrote: ↑Tue Nov 11, 2025 9:26 am
I mean, public records have these details if you want to dig into them.
Pretty sure people have, but one thing the government excels at is making money disappear without accountability.
PowerBall/MegaMillions
Posted: Tue Nov 11, 2025 10:24 am
by TheCatt
Leisher wrote: ↑Tue Nov 11, 2025 9:32 am
TheCatt wrote: ↑Tue Nov 11, 2025 9:26 am
I mean, public records have these details if you want to dig into them.
Pretty sure people have, but one thing the government excels at is making money disappear without accountability.
Aside from the military, who cannot pass an audit, most federal agencies are audited and actually pass. See DOGE and their inability to find waste/corruption, and just cancel projects that conservatives didn't like.