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The Idiot Tax
yeah, people have been complaining for decades that the advertised annuity prize is a far cry from what you actually get if you actually won. you're a bit late to the party, but there's still some bud light in the fridge.
Apr 1, 2024, 11:26 pm - Brock Lee - Lottery Discussion Forum
Lotto Jokes
Did you hear about MUSL's PB forecast for a rollover?
The annuity will increase by $8 million but the cash value will only go up $4 million .
Dec 16, 2023, 12:33 am - KY Floyd - Lottery Discussion Forum
Poll: Classic Mega Millions
Get your point. But...interest rates control the difference between annuity prize and cash value prize.
MM cash value for Tuesday draw is $175.4 million. That's enough for me. In fact, at my age, $1 million ($630,000 after fed taxes) is enough for me.
Dec 3, 2023, 12:00 pm - rcbbuckeye - Lottery Discussion Forum
The Idiot Tax
Latest cash option:
Pennsylvania: 3.07% state tax- $1,115,433 - $16,188,110
Your average net per year: $21,848,441 Your net payout: $316,084,765
After 30 payments: $655,453,230
Annuity Payment Schedule
Apr 2, 2024, 10:40 am - NeuralNetLottoB - Lottery Discussion Forum