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Posted

8 people who worked at a canned ham plant in Nebraska won, they all took the cash now (which is about half less than the total jackpot) so they each get $15.5 million after taxes.

 

So in escence, a $365 million jackpot only ends up being $124 million after taxes taken out on for 8 people and their stupidity to take the lump sum pay out. I bet state/fed gov. love when multiple people win these huge payouts cause it means they get to collect more taxes than if just one person won.

Posted

Well, 15 million bucks is still a lot of money, but I always wonder why people take the lump sum pay out. I'd be willing to wait a few years if it meant making double or more what I could get right away. Sure, I couldn't use it all, but if I had kids, they'd be set for the rest of their own lives, too.

Posted

Further, to add to what I just said, why do people always reveal their names? If I ever won, I'd take all the steps I could to make sure no one other than my wife and closest relatives had any idea.

Posted

Well, annuity vs. lump sum depends on what kind of interest you can expect to garner from investments under an annuity plan, since $1M twenty years from now is almost guaranteed not to be as much as $1M today, so unless you can find an excellent return rate on potential investing of your annuity (a gamble in itself), you're essentially better off taking all the money now

Posted

First of all...I'm paying off all my bills. Mortgage, student loans, mini-van, everything...PAID IN FULL!

 

Then I'm buying new cars for me and the wife, and a new, larger house. There's so fucking much I could do with that money it's not even funny but that would be a start.

Posted

I'd buy slayer.

 

Looks like 1 person in Nebraska won.

Dear lord, not Carnival

 

$$$$$$$ I'm buying slayer. $$$$$$$

:bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce:

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