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re: Powerball Dream Thread. $485m annuity, $327m cash +/- $200m after taxes
Posted on 2/11/15 at 7:19 pm to MrLarson
Posted on 2/11/15 at 7:19 pm to MrLarson
Close to what I would do. Half in Muni bonds for tax free income, half in the market for growth. Keep about 50m to buy all my properties and then just live off interest
1
Posted on 2/11/15 at 7:25 pm to Thib-a-doe Tiger
337 million cash option.
39.6 federal tax 5% state tax
After taxes you get $187 million
As other have mentioned.. Munis are the way to go. With $187 million you are already rich you just want to stay that way.
39.6 federal tax 5% state tax
After taxes you get $187 million
As other have mentioned.. Munis are the way to go. With $187 million you are already rich you just want to stay that way.
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