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re: Michigan factory supervisor wins $310.5M Powerball jackpot
Posted on 10/6/15 at 4:43 pm to sgallo3
Posted on 10/6/15 at 4:43 pm to sgallo3
quote:
The annuity on hers would be so high tho u could still live like a boss n not have to worry bout frickin up and goin broke
I wouldn't have to worry about going broke. On top of that, with sound investments, you should make more money than the annuity would pay over that term. So by taking the annuity rather than the lump sum, you are actually taking less money.
This post was edited on 10/6/15 at 4:45 pm
1
Posted on 10/6/15 at 10:03 pm to SippyCup
I'd have to use some of those years getting the annuity to become adjusted to being filthy rich. I'd essentially have 20x chances to get it down, 20x re-winnings. I'd take the sure thing of getting an extra 113M before I let some sucker in a tiger striped Lambo touch my money.
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