Like a girl friend looool
Now that's the quickest way to lose a billion dollars.
..and then quickly pay someone to knock you off and gather up the other half.
So after taxes and if he/she decides to take the lump sum instead of the 30-year pay-off, they'll probably get around $600-$650 million loool. That's a pretty nice chunk of change. Talk about a life changing experience!One Lucky Ticket Wins Mega Millions' $1B Prize
A ticket sold in Michigan has won the Mega Millions jackpot, estimated at $1 billion.news.yahoo.com
A ticket sold in Michigan has won the Mega Millions jackpot, estimated at $1 billion.
Hopefully this lottery winner is smart and invest the gains and won’t blow it on luxury cars or some nonsense like so many others.
I was once told by a fixed income analyst at a company I was working for that the lottery gives the shaft to people who pick the cash option (as if that isn't obvious). You can actually pick the annuity and then sell it to a financial company and they will pay you a FAR more generous lump sum.
Absolutely. A much better way to go. Funny you said that because I was talking to someone at work yesterday about exactly that. Even banks or credit unions would offer you a much better payoff than the lottery. There's nothing better as a guarantee of collateral than a lottery payoff, so you would get a lot of offers competing against each other. A bank that can earn somewhere in the vicinity of 100 million in 30 years would offer you a lot more for sure.
Well, I usually look at things like this and figure it's their money, they can do whatever they want with it. Funny thing is a lot of people think it would be difficult to spend that much money, lol. That can be spent literally in one day!
Exactly. It is basically zero risk. This is why they'd be eager to buy it. It is a guaranteed return for 30 years.
Yes, it is. Please help us convince everybody to stay away and not move over here. I'm sure their countries are not as decrepit as ours. But they relentlessly come over anyways.
