I wonder how many of those turned into mobile drug labsI’m kinda partial to the Ford Aerostar.
Mega Millions - 1 BILLION DOLLARS
- Thread starter ISUCyclones2015
- Start date
I worked with a woman who won like $50K in the lotto when she was younger. Just enough to clean up her debts, and go on with life normally.
She said she got all sorts of weirdo's asking her for money. Husband's family members they'd never met. Coming to her house at night and such.
And that's really not life-changing money. I can't imagine what the big jackpots would do.
The lottery loves them some advertising. Think about how often you see pictures of $10,000 winners plastered all over. What do you think they'd want to do for a jackpot winner? If they allow anonymous winners, then they lose all that opportunity.
With that money you could change your name and become anonymous.
(Mean) Dean Smith... no
(Mean) Dean Jones... okay, no
Maybe the Dean has to go too. Joel Rifkin.... or maybe Dion, that's a cool name?
I believe Iowa does not allow anonymous Powerball winners. I seem to recall someone fighting it a long time ago, but never heard the result.
I've always been curious if it's possible to circumvent that by creating a trust and having the lawyer who manages it sign the ticket.
Which is why I’d probably move somewhere no one knows me and live modestly. Invest it and give tons of it to charities and those who need it most. I can’t imagine the hells some folks go through after winning. Definitely find out who your friends and family truly are.
That would be a great way to draw a crowd everywhere you go or get thumped over the head.
Whether the annuity is more or less than the lump is determined by how well you'd invest the lump. Up front, the annuity is the amount they list and is higher.
For this high of an amount the annuity probably still makes sense in that you'd get so much every year that it's be like winning a small lottery jackpot over and over again. But it also may be harder to change your name and hide if you have to still collect those checks. And it gives the lottery the opportunity to remind everyone about the big winner every year when they send you your $50M check (minus taxes of course).
I honestly look forward to the people coming out of the wood work so then I can tell them to **** off. All the people who never wanted to help me, now would be my time to return the "**** off" favor.
I'd buy TV time to tell off everyone I don't like. A 3 hour primetime spot on NBC to just go off on people.
It would be very therapeutic.
Yes I hold grudges
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KidSilverhair
Well-Known Member
Interesting fact, the Mega Millions annuity actually adjusts upward around 3% each year over the 30-year payout. I looked at the prospect of the MM annuity with an $800 million jackpot - it was something like $12 million the first year and $42 million in year 30.
Nice work if you know you’re gonna live that long.
Oh man. This got me.
As long as I've been coming to CF there have been posters ******** about the press box. Good stuff.
why bother at at that point... I mean is it even worth the gas to go and cash the ticket?
