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Posted on 8/17/17 at 6:11 pm to fightin tigers
quote:annuities, treasury bonds, very conservative and safe investments at something like 3-4% return.
just dont want to worry about managing that shite if some Bernie taking 50MM of my shite at a time.
With that coin, you create a trust that supports a family for 4+ generations.
This post was edited on 8/17/17 at 6:13 pm
Posted on 8/17/17 at 6:12 pm to Rouge
I guess it depends on what I need to return to equal the money.
Posted on 8/17/17 at 6:12 pm to TDsngumbo
I'm buying TD with my winnings and . . . banning Tennessee fans (freakin' hillbillies - I hate 'em), creating a Game of Thrones board, and posting photoshopped pics of various coach's wives all day - starting with Ms. crazy Kristi Malzahn.
Posted on 8/17/17 at 6:13 pm to Rouge
quote:
With that coin, you create a trust that supports a family for 4+ generations.
frick those freeloaders.
Posted on 8/17/17 at 6:15 pm to fightin tigers
Rough 3% capital gains, after tax, on 115MM is 3MM per year.
Every year that you let the govt keep that money is money that you do not get to realize.
Every year that you let the govt keep that money is money that you do not get to realize.
Posted on 8/17/17 at 6:15 pm to TDsngumbo
Lump sum and then I would buy some 30" gold plated rims for my wifes Buick Enclave to start our demise.
Posted on 8/17/17 at 6:17 pm to TDsngumbo
quote:
$226,940,000 after taxes
This seems high. What is the lump sum amount? Because you are going to get 60% of that.
Isnt there a 5% lottery tax in Louisiana
This post was edited on 8/17/17 at 6:20 pm
Posted on 8/17/17 at 6:21 pm to Bham4Tide
Why won't you just start elephantshit dot com
Posted on 8/17/17 at 6:28 pm to TDsngumbo
Power Ball is $510,000,000 which means they have sold 5 Billion total tickets since the last win. 5 Billion..... Think about that
Posted on 8/17/17 at 6:41 pm to southernelite
quote:
You have a year to claim the prize. I'd use that year that establish residency in Texas.
Pretty sure it's 180 days.
LINK
quote:
Disclaimer
- Prizes listed on this page remain unclaimed as of 08/17/2017 and are set to expire within the next 180 days. When an unclaimed prize reaches the 'Expires' date, the prize is forfeited and may no longer be claimed.
- Only unclaimed prizes for the games Mega Millions, Powerball, Lotto, and Easy 5 that are greater than or equal to $5,000 are listed.
- According to Lottery draw-style game rules, all winning tickets must be claimed within 180 days of the drawing. Once unclaimed prizes have surpassed their redemption periods, the money is transferred to the Lottery's unclaimed prize fund, which is returned to players in the form of increased payouts on scratch-off tickets, second-chance drawings and other player promotions.
This post was edited on 8/17/17 at 6:43 pm
Posted on 8/17/17 at 6:42 pm to NikeShox
quote:
Power Ball is $510,000,000 which means they have sold 5 Billion total tickets since the last win. 5 Billion..... Think about that
That can't be right. The odds of not having a winner having sold that many tickets are astronomically low.
EDIT: I say that assuming a low number of drawings. If there have been a lot of drawings, I stand corrected.
This post was edited on 8/17/17 at 6:43 pm
Posted on 8/17/17 at 6:44 pm to TDsngumbo
I am buying 1 ticket.
I would lump sum out at much higher rate than you since Tennessee has no state income tax.
I would lump sum out at much higher rate than you since Tennessee has no state income tax.
Posted on 8/17/17 at 6:44 pm to TDsngumbo
I bought $20 worth. Someone has to win.
If it's me I'll host the most epic tailgate party of all time.
If it's me I'll host the most epic tailgate party of all time.
Posted on 8/17/17 at 6:46 pm to TDsngumbo
Lump sum. If I maintain half of my current rate of return I'll be worth 1.5 billion at age 55.
Posted on 8/17/17 at 6:51 pm to X123F45
quote:there's a stupid
If I maintain half of my current rate of return I'll be worth 1.5 billion at age 55.
Posted on 8/17/17 at 8:21 pm to TDsngumbo
Based on 50% taxation for the income bracket, an a 3% ROI of the winnings, $6,700 per day is what you could spend without touching the money you invested.
Posted on 8/17/17 at 8:22 pm to TDsngumbo
I would retire immediately.
Posted on 8/17/17 at 8:24 pm to Btrtigerfan
quote:
, $6,700 per day is what you could spend without touching the money you invested.
I'm gonna need more than that. High end call girls aren't cheap.
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