BrownFlush

Woke Racist Reigning Ban King
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rod

Retired 23 years
It don't surprise me at all that Mn. was the state that :censored2:ed up the Powerball drawing. The state is loaded with clowns who like to screw things up.
 

Wally

BrownCafe Innovator & King of Puns
Pretty sad that if you take the lump sum you forfeit that much to the state. Then correct me if I'm wrong, but then pay tax on the 483 million. I'd still take it but dam.
The lump sum is the actual jackpot. The big number is that invested and paid out over 30 payments.
 
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Johney

Pineapple King
The lump sum is the actual jackpot. The big number is that invested and paid out over 30 payments.
The $940 million is the actual jackpot if you win and choose to take it over 30 years. The $483 million is if you just take a one time lump sum payout(which I believe most winners choose). Every million dollar scratch off winner I've seen around here takes the lump sum of $830 thousand.
 

oldngray

nowhere special
The $940 million is the actual jackpot if you win and choose to take it over 30 years. The $483 million is if you just take a one time lump sum payout(which I believe most winners choose). Every million dollar scratch off winner I've seen around here takes the lump sum of $830 thousand.
Lump sum is the smarter choice. It ends up being more if you invest wisely. You may not live 30 years to collect winnings either.
 
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