Lottery Fever!

[FrigidFTSup]

He can plow the fields while we plow his wife......

Me work in a field? What is this our first interaction? Yeah no

 

[Big Arrow Down...D]

Where's our boom charm?


He can have sloppy thirds. Or 4ths depending on what my wife thinks of her.

 

[BrownBrokeDown]

Taking the lump sum, there are ways to insure long term viability if you have half a brain. Put some in a retirement acct, some in "safe" investments like cods, etc. Taking the payments, inflation could eat away at that extra money and more.

 

[BrownBrokeDown]

And i would rather pay taxes now while the rich can get away with murder

 

[Brownslave688]

Me work in a field? What is this our first interaction? Yeah no

You can fly my private jet.





But only clerkgirl gets to go on the excursions.

 

[FrigidFTSup]

You can fly my private jet.





But only clerkgirl gets to go on the excursions.

I'm good

 

[Brownslave688]

And i would rather pay taxes now while the rich can get away with murder

The rich pay more in taxes than anyone else.


Unless you're talking about the billionaire who only pay capital gains tax.

 

[upschuck]

You'll pay more in intrest on loans and make less on investments.



Think of it this way. What if ups had given you 30 years of wages up front?

Your dollars would of went a lot farther 30 years ago. You could of paid off all kinds of things then watched your money grow.

That is for the person who is fiscally responsible. Some people would have spent it all in a couple years.

 

[upschuck]

Lump sum is always the best option.

Not true, some people can't handle a windfall.

 

[Brownslave688]

That is for the person who is fiscally responsible. Some people would have spent it all in a couple years.

Those people would spend it all every year anyway and have sky high loan payments and be paying a ton of intrest every year anyway.

 

[upschuck]

Those people would spend it all every year anyway and have sky high loan payments and be paying a ton of intrest every year anyway.

I disagree.

 

[Brownslave688]

I disagree.

The people that can't figure out how to make 300 million last more than 5 years are somehow going to manage money better at 15 million a year?

 

[oldngray]

Not true, some people can't handle a windfall.

You can't stop stupidity.

But numbers wise the lump some equals more money.

 

[rod]

I would find out how 15 Fortune 500 companies were able to not pay a single dime in Federal taxes in 2014 and do what they do.

 

[BrownBrokeDown]

The rich pay more in taxes than anyone else.


Unless you're talking about the billionaire who only pay capital gains tax.

With 300 million in my pockets Im sure i could get an account that could find me plenty of windfalls.

 

[BrownBrokeDown]

Plus, with lump sum, you pay lump taxes and then just pay on income thereafter, whereas monthly payment, you pay taxes on the initial income for 30 years.

 

[Big Arrow Down...D]

800 million now...
Oh boy.

 

[Brownslave688]

I would find out how 15 Fortune 500 companies were able to not pay a single dime in Federal taxes in 2014 and do what they do.

Pump money back into the company. Pretty simple really.


I keep telling my wife this farm won't put more money in our pocket but it'll save us a ton on taxes and that tax money will go to buy things of actual value instead of go to the government. Therefor increases our net worth.

 

[Brownslave688]

800 million now...
Oh boy.

Wow. I knew it would get up to 700 maybe 750. Never thought 800.


If no one wins Saturday we will be looking at our first billion dollar jackpot.

 

[Big Arrow Down...D]

Wow. I knew it would get up to 700 maybe 750. Never thought 800.


If no one wins Saturday we will be looking at our first billion dollar jackpot.

The news just said it hit 800 mill and 496 payout for lump sum.