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On Thursday, January 14, 2016 at 12:37:17 AM UTC-6, wrote:
On Wed, 13 Jan 2016 21:07:13 -0800 (PST), Tim wrote: 10:25 AMamdx - show quoted text - Don't get to excited, if you take the lump sum payment, after taxes you'll be lucky to have $600 Million to scrimp by on. I'm frugal though, that could last the rest of my life :-) Mikek ---- And, if YOU win and decide to take the payments, and in the course, YOU die, all payments stop. The payments were to YOU and not to a beneficiary. In that regard, you should turn in the ticket in your name, your wife and the kids if you are taking the annuity. Personally I would take the cash. There are people now in Ohio who are just getting an IOU because the state is broke. I wouldn't trust the government to come up with 50 million a year for 30 years. Greg, I don't know about Ohio but Illinois wasn't paying anything above a small amount in the Illinois lottery because they didn't have a balanced budget signed in. I think some lawsuits againt the state kinda cured that, though |
#2
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Tim wrote:
On Thursday, January 14, 2016 at 12:37:17 AM UTC-6, wrote: On Wed, 13 Jan 2016 21:07:13 -0800 (PST), Tim wrote: 10:25 AMamdx - show quoted text - Don't get to excited, if you take the lump sum payment, after taxes you'll be lucky to have $600 Million to scrimp by on. I'm frugal though, that could last the rest of my life :-) Mikek ---- And, if YOU win and decide to take the payments, and in the course, YOU die, all payments stop. The payments were to YOU and not to a beneficiary. In that regard, you should turn in the ticket in your name, your wife and the kids if you are taking the annuity. Personally I would take the cash. There are people now in Ohio who are just getting an IOU because the state is broke. I wouldn't trust the government to come up with 50 million a year for 30 years. Greg, I don't know about Ohio but Illinois wasn't paying anything above a small amount in the Illinois lottery because they didn't have a balanced budget signed in. I think some lawsuits againt the state kinda cured that, though They need Al Gore's "lock box" in IL! https://www.youtube.com/watch?v=F9pqmW-D14I |
#3
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Tim wrote:
10:25 AMamdx - show quoted text - Don't get to excited, if you take the lump sum payment, after taxes you'll be lucky to have $600 Million to scrimp by on. I'm frugal though, that could last the rest of my life :-) Mikek ---- And, if YOU win and decide to take the payments, and in the course, YOU die, all payments stop. The payments were to YOU and not to a beneficiary. I think that is not true. Is an annuity, just like one purchased, with beneficiaries. |
#4
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On Tue, 12 Jan 2016 17:18:57 -0800 (PST), True North
wrote: Local TV station's supper hour show had one of it's people (former ladies world champion curler) down at Point Pleasant Park asking people what they would do if they won your Powerball 1.4 billion dollar prize. Yes... seems silly ..I'm not sure if you can even get tickets up here. Anyway I did right by the group..or at least by the few boaters in here. I said I'd buy a large yacht. Probably should have led with family, charities etc...but she caught me by surprise and that was the first thing out of my mouth. I think I would get some new tires for my wife's Lincoln ... .... then give it to the Salvation Army ;-) The ironic thing is, that the more money lottery winners get, the sooner they are broke. I do think I would give a lot of the money away but not to scammers and casinos. It might be fun to run a "Habitat" type organization building cheap homes for people who need one. Either that or **** it all away on hookers and blow. |
#5
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On Wed, 13 Jan 2016 11:35:30 -0500, wrote:
Either that or **** it all away on hookers and blow. === And waste the rest... :-) |
#6
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#7
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