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Message
re: Powerball-cash vs annuity
Posted on 1/11/16 at 5:30 pm to EA6B
Posted on 1/11/16 at 5:30 pm to EA6B
quote:
I just read this morning about a lottery winner that took 38 million lump sum, and was not only broke in 20 months, but heavily in debt.
You're speaking anecdotes. This broke in 5 years for most Jackpot winners is an urban myth , especially the mega Jackpot winners 10 / 15 million plus.
David Lee Edwards of Kentucky?
Louisiana Jackpot is $375,000. Most state jackpots probably start at less than $1 million dollars.
This post was edited on 1/11/16 at 5:33 pm
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