Re: No Winner in the Mega Millions
[Re: Canvasback2]
#7145725
01/20/21 02:17 AM
01/20/21 02:17 AM
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Joined: Jul 2016
Posts: 3,928 NY
Canvasback2
OP
trapper
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OP
trapper
Joined: Jul 2016
Posts: 3,928
NY
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Re: No Winner in the Mega Millions
[Re: Canvasback2]
#7145729
01/20/21 02:42 AM
01/20/21 02:42 AM
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Joined: Nov 2007
Posts: 425 Vassar Michigan
trapperEd
trapper
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trapper
Joined: Nov 2007
Posts: 425
Vassar Michigan
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I would take the yearly payments -- That way me and my heirs would be guaranteed income for 30 years ! *
Life member NTA
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Re: No Winner in the Mega Millions
[Re: Badger23]
#7145802
01/20/21 07:12 AM
01/20/21 07:12 AM
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Joined: Dec 2006
Posts: 21,716 Sandhills Nebraska
Gary Benson
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trapper
Joined: Dec 2006
Posts: 21,716
Sandhills Nebraska
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So you 2 are saying you couldn't live off a taxable 600 million? I can see where it'd be tough eeking out a living on 20 million a year I'd be consulting a good income attorney on what to do. I'd probably take the lump sum, put it in a tax friendly country and invest. I'm sure if you stayed in the US it'd be redistributed. I'd take the lump also and run. I wouldn't trust the establishment from confiscating the annual payments down the road soon.
Life ain't supposed to be easy.
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Re: No Winner in the Mega Millions
[Re: Gary Benson]
#7145838
01/20/21 07:57 AM
01/20/21 07:57 AM
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Joined: Mar 2013
Posts: 17,038 Fredonia, PA.
Finster
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trapper
Joined: Mar 2013
Posts: 17,038
Fredonia, PA.
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So you 2 are saying you couldn't live off a taxable 600 million? I can see where it'd be tough eeking out a living on 20 million a year I'd be consulting a good income attorney on what to do. I'd probably take the lump sum, put it in a tax friendly country and invest. I'm sure if you stayed in the US it'd be redistributed. I'd take the lump also and run. I wouldn't trust the establishment from confiscating the annual payments down the road soon. I would also take the lump sum for those reasons. I would convert quite a few million over to precious metals also.
I BELIEVE IN MY GOD, MY COUNTRY AND IN MYSELF.
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Re: No Winner in the Mega Millions
[Re: deerdragger]
#7145839
01/20/21 07:58 AM
01/20/21 07:58 AM
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Joined: Mar 2019
Posts: 1,497 Southern NJ
maintenanceguy
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trapper
Joined: Mar 2019
Posts: 1,497
Southern NJ
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The lottery is a tax for people who are bad at math. I agree 100% and I've used this line before myself. I have probably played the lottery 4 times in 50 years. Our office always goes in together when there is a big pot and I'm the only one that doesn't participate. I'm going to pick up a ticket for the next round. I've wasted $2 on stupider things.
-Ryan
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Re: No Winner in the Mega Millions
[Re: trapperEd]
#7145877
01/20/21 08:32 AM
01/20/21 08:32 AM
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Joined: Dec 2006
Posts: 2,213 central Missouri
Bigfoot
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trapper
Joined: Dec 2006
Posts: 2,213
central Missouri
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I would take the yearly payments -- That way me and my heirs would be guaranteed income for 30 years ! *
I've read somwhere that the yearly payments are not transferable to your Aries.
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Re: No Winner in the Mega Millions
[Re: deerdragger]
#7146129
01/20/21 10:37 AM
01/20/21 10:37 AM
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Joined: Jan 2018
Posts: 4,584 MN
Donnersurvivor
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trapper
Joined: Jan 2018
Posts: 4,584
MN
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The lottery is a tax for people who are bad at math. Hope springs eternal, if a 2 dollar ticket gives someone a day of hope and day dreams ide say it's money well spent. Edit, I've never purchased one myself.
Last edited by Donnersurvivor; 01/20/21 10:38 AM.
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Re: No Winner in the Mega Millions
[Re: Donnersurvivor]
#7146205
01/20/21 11:21 AM
01/20/21 11:21 AM
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Joined: Dec 2007
Posts: 1,452 Missouri
ol' dad
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trapper
Joined: Dec 2007
Posts: 1,452
Missouri
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The lottery is a tax for people who are bad at math. Hope springs eternal, if a 2 dollar ticket gives someone a day of hope and day dreams ide say it's money well spent. Edit, I've never purchased one myself. I've never thought of it that way. That's an interesting take on it! Ol dad
"I season my food with hunger"
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