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- Apr 5, 2007
damn when will i hit the lotto and win my millions
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Originally Posted by Executive76
Originally Posted by SonOfTony
dude is bi-winning
let that boy cook
this.
He probably has more money than his dad now
Originally Posted by Kramer
He also jipped himself like 40 mil by taking the cash payout. Thats just stupid
Originally Posted by Kramer
He also jipped himself like 40 mil by taking the cash payout. Thats just stupid
Plus smart use of your money will be >$107 after 26 years. Cash up front is the only way to go.Originally Posted by Cant Break The Unbreakable
Originally Posted by Kramer
He also jipped himself like 40 mil by taking the cash payout. Thats just stupid
I would've done the same thing.
$68.4 mil upfront after taxes > $4.1 mil/year for 26 years
Originally Posted by LazyJ10
2nd Lottery he won, the first was the womb lottery.
Same here, I'd take the lump sum over the 26 annual payments. What if I die in the next couple of years, I am not 100% sure on this but I think the lottery keeps it since the winning is most likely non-transferrable.Originally Posted by Cant Break The Unbreakable
Originally Posted by Kramer
He also jipped himself like 40 mil by taking the cash payout. Thats just stupid
I would've done the same thing.
$68.4 mil upfront after taxes > $4.1 mil/year for 26 years
Debatable.Originally Posted by Cant Break The Unbreakable
Originally Posted by Kramer
He also jipped himself like 40 mil by taking the cash payout. Thats just stupid
I would've done the same thing.
$68.4 mil upfront after taxes > $4.1 mil/year for 26 years
I guess that's a good point. Id still be down wit 4 mil a year though ha.Originally Posted by RFX45
Same here, I'd take the lump sum over the 26 annual payments. What if I die in the next couple of years, I am not 100% sure on this but I think the lottery keeps it since the winning is most likely non-transferrable.Originally Posted by Cant Break The Unbreakable
Originally Posted by Kramer
He also jipped himself like 40 mil by taking the cash payout. Thats just stupid
I would've done the same thing.
$68.4 mil upfront after taxes > $4.1 mil/year for 26 years
Originally Posted by Kramer
I guess that's a good point. Id still be down wit 4 mil a year though ha.Originally Posted by RFX45
Same here, I'd take the lump sum over the 26 annual payments. What if I die in the next couple of years, I am not 100% sure on this but I think the lottery keeps it since the winning is most likely non-transferrable.Originally Posted by Cant Break The Unbreakable
I would've done the same thing.
$68.4 mil upfront after taxes > $4.1 mil/year for 26 years
Originally Posted by scshift
Originally Posted by Kramer
I guess that's a good point. Id still be down wit 4 mil a year though ha.Originally Posted by RFX45
Same here, I'd take the lump sum over the 26 annual payments. What if I die in the next couple of years, I am not 100% sure on this but I think the lottery keeps it since the winning is most likely non-transferrable.
$4 million a year is an extremely high amount of money... what is anyone going to do with $68 million upfront?
Unless you want to make an extremely large purchase like a G6 jet, I don't see why you'd want all the money right away. If anything, you'd be less likely to squander all the money receiving it yearly just because you don't have all of it at once.
Originally Posted by scshift
Originally Posted by Kramer
He also jipped himself like 40 mil by taking the cash payout. Thats just stupid
Exactly... why did he just give up 40% of the winnings?