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RTFC

Joined: 08/08/2003 Posts: 6670
Likes: 3512


Just did very rough estimate


At an estimated 30% tax rate and 5% return on cash up front option you get about $0.32.....

per second - forever - without touching the principle or reinvesting anything.

Fun to think about, but lottery is just a tax for not being able to do math.

Oh...25 is the answer.

(In response to this post by Brown Water)

Posted: 08/22/2017 at 11:27AM



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Current Thread:
  I used to live in Virginia -- MEHOKIE 08/22/2017 3:13PM
  "Six-ty nine, dude!" ** -- WestyHokie 08/22/2017 12:39PM
  The state gets their's before you see a dime. ** -- 48zip 08/22/2017 12:59PM
  That's new york -- MEHOKIE 08/22/2017 4:31PM
  But you said "lump sum". ** -- 48zip 08/22/2017 1:31PM
  Ah my mistake in the OP. I meant annuity. ** -- VTHokie2000 08/22/2017 1:35PM
  Tell that to the IRS ** -- 48zip 08/22/2017 1:37PM
  Hey BW. What would you win if -- daisyWV 08/22/2017 12:15PM
  Walking around money ** -- Brown Water 08/22/2017 1:35PM
  A trip to Disney World. ** -- capitals1 08/22/2017 12:42PM
  Just did very rough estimate -- RTFC 08/22/2017 11:27AM
  4 8 15 16 23 42 ** -- King Jaffe Joffer 08/22/2017 11:20AM
  Can we get a 6th of your winnings if we help? :-) ** -- HokieSignGuy 08/22/2017 11:18AM
  SHUN! ** -- TD-Tech 08/22/2017 12:55PM
  36 ** -- HokieSignGuy 08/22/2017 11:17AM
  42 ** -- Major Kong 08/22/2017 11:16AM
  49* ** -- daisyWV 08/22/2017 11:10AM
  13 ** -- vt90 08/22/2017 11:04AM
  6, 9, 34, 35, 69 ** -- Guy LeDouche 08/22/2017 11:03AM
  33 1/3 ** -- bigbadbird 08/22/2017 11:02AM

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