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-No Explanation-

Topic closed. 29 replies. Last post 9 years ago by KY Floyd.

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rubberbandman's avatar - Spawn Classic.jpg
mn
United States
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March 4, 2008
276 Posts
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Posted: March 6, 2008, 1:22 pm - IP Logged

all of you are double teaming on me huh, well Ill still stay with my explanation


    United States
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    June 22, 2005
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    Posted: March 6, 2008, 2:04 pm - IP Logged

    Ridiculous nobody would do that, you win 200 mil in powerball, cash option near 80 after tax 

    You're right. 80 million isn't nearly enough to make my dreams come true. It would take 81 million.

    Thanx for the heads up.

    What?

      ThatScaryChick's avatar - x1MqPuM
      Idaho
      United States
      Member #56506
      November 21, 2007
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      Posted: March 6, 2008, 2:18 pm - IP Logged

      You're right. 80 million isn't nearly enough to make my dreams come true. It would take 81 million.

      Thanx for the heads up.

      What?

      LOL I know right? I couldn't possibly be happy with a measly $80 million it's just not enough! lol.

      "No one remembers the person who almost climbed the mountain, only the person who eventually gets to the top."


        United States
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        June 22, 2005
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        Posted: March 6, 2008, 2:50 pm - IP Logged

        LOL I know right? I couldn't possibly be happy with a measly $80 million it's just not enough! lol.

        At this stage, Id be happy if I won I won a tote bag from a PBS contest....

          tiggs95's avatar - Lottery-036.jpg

          United States
          Member #47420
          November 4, 2006
          3930 Posts
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          Posted: March 6, 2008, 3:47 pm - IP Logged

          I said on another thread I'd take lump some being my age and If I was in my 20's or 30's I'd take payments..I guess you missed the other thread about this..

            sirbrad's avatar - Lottery-062.jpg
            PA
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            October 6, 2005
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            Posted: March 6, 2008, 4:41 pm - IP Logged

            Oh man not this again. Cash makes A LOT more sense, as the interest earned each year will actually exceed the annuity. Annuities are for people who do not trust themselves with money, and want to get less each year due to inflation. I have already argued this to death in other threads, but that is the basics.

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              Kentucky
              United States
              Member #32652
              February 14, 2006
              7344 Posts
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              Posted: March 6, 2008, 8:06 pm - IP Logged

              Oh man not this again. Cash makes A LOT more sense, as the interest earned each year will actually exceed the annuity. Annuities are for people who do not trust themselves with money, and want to get less each year due to inflation. I have already argued this to death in other threads, but that is the basics.

              In retrospect I could say "had I bought" and held $10,000 worth of Wal Mart stock 30 years ago it would now be worth $3 million. I could have sold the stock when it was worth $20,000 and spent the profits on toys or bought other less valuable stock. Just because we know the results many years later doesn't mean that's how we would have acted. They didn't have $200 million jackpots 30 years ago so we don't know if somebody had taken the cash, they would have made more than the annuity.

              All these choices topics are based on "if I win" but there is no choice to make because they didn't win. That doesn't mean there can't be some valuable advice in the responses, but do people really expect sound advice on what to do with $200 million from somebody that probably never won $1000?

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                NY
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                October 16, 2005
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                Posted: March 7, 2008, 1:20 am - IP Logged

                There are dozens upon dozens of threads you need to read thru them and you'll find what you seek.

                Have you paid any attention to the other threads this guy is in? I'd say there are three possibilities.

                1. He's hasn't read more than a handful of old posts, but think the 3 he might have read make him an expert on our opinions.

                2. he has read a reasonable number of posts, but didn't undertsand what he read.

                3. He's just a troll.

                No matter which  it is, responding is a waste of time.

                  rubberbandman's avatar - Spawn Classic.jpg
                  mn
                  United States
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                  March 4, 2008
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                  Posted: March 7, 2008, 9:03 am - IP Logged

                  Have you paid any attention to the other threads this guy is in? I'd say there are three possibilities.

                  1. He's hasn't read more than a handful of old posts, but think the 3 he might have read make him an expert on our opinions.

                  2. he has read a reasonable number of posts, but didn't undertsand what he read.

                  3. He's just a troll.

                  No matter which  it is, responding is a waste of time.

                  Dude that hurts!

                   

                  And how would you know that I'm not a woman?

                    Raven62's avatar - binary
                    New Jersey
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                    June 28, 2005
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                    Posted: March 7, 2008, 10:53 am - IP Logged

                    Dude that hurts!

                     

                    And how would you know that I'm not a woman?

                    If that were the case your LP ID would be: rubberbandwoman! LOL!

                    A mind once stretched by a new idea never returns to its original dimensions!

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                      Sunny California
                      United States
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                      May 31, 2006
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                      Posted: March 7, 2008, 11:03 am - IP Logged

                      If that were the case your LP ID would be: rubberbandwoman! LOL!

                       

                      Good one,Raven!

                      With all due respect, it seems you have a chip on your shoulder,rubber. How come? You get more bees with honey, that's all I can say.

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                        San Diego, CA
                        United States
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                        February 12, 2008
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                        Posted: March 7, 2008, 11:20 am - IP Logged

                        Rubber,

                         

                        Here is an explanation. 

                         

                        I like you so I am going to give you $1,000,0000.  I then tell you I will pay you over 1,000,000 years.  Doesn't that $1,000,000 become just about worthlesss?

                         

                        It certainly isn't the same as being paid a jackpot over 26 years, but it proves a point.

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                          NASHVILLE, TENN
                          United States
                          Member #33372
                          February 20, 2006
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                          Posted: March 7, 2008, 3:46 pm - IP Logged

                          You people in Illinois might have better information than I but there was a jackpot winner up there some years ago who took the yearly payments.  Lotto then invested the jackpot in some dubious company.  The company went belly up.  The winner stopped recieving his yearly payments.  He sued the Illinois lotto saying they picked the investment company and should be held liable.  I never learned the outcome of that suit.

                          So if I win the big one, I will take the cash option.  Then I get to pick the investment company.  If the company goes bankrupt, I will have only myself to blame.

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                            NY
                            United States
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                            October 16, 2005
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                            Posted: March 7, 2008, 4:03 pm - IP Logged

                            It's certainly possible that a lottery invested the money with a company that had financial problems, but the prize is paid by the lottery. Unless the lottery  runs out of money they're obligated to pay the prize.

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                              NY
                              United States
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                              October 16, 2005
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                              Posted: March 7, 2008, 4:06 pm - IP Logged

                              Dude that hurts!

                               

                              And how would you know that I'm not a woman?

                              They say that truth hurts. Coincidence or causation?