Lottery Fever!

[upschuck]

Ok you mean in your pocket you'll get about a third of the projected jackpot.

Yep

 

[upsgrunt]

I used to think man I would want the full payout but once you add in all of the risk factors it's probably smarter to take the lump sum.

What would be the risk, assuming you squared things away with an attorney, accountant, and set up a corporation?

 

[FrigidFTSup]

I'd still work if I won.

I'd work, but not for UPS. Would probably volunteer at a nonprofit

 

[FrigidFTSup]

What would be the risk, assuming you squared things away with an attorney, accountant, and set up a corporation?

Tax increases.

 

[moreluck]

What would be the risk, assuming you squared things away with an attorney, accountant, and set up a corporation?

Sh** happens !!

 

[Brownslave688]

What would be the risk, assuming you squared things away with an attorney, accountant, and set up a corporation?

Tax increases.

theres 1

 

[FrigidFTSup]

theres 1

Your cousin, I mean wife, divorcing you?

 

[upsgrunt]

theres 1

Ok, but you're gonna pay more taxes, theoretically, no matter how much you win. Why not pay more taxes on more income?
I'm not being a doush, just curious.

 

[Brownslave688]

Your cousin, I mean wife, divorcing you?

You dying.


The company that pays the annuity going belly up

 

[Brownslave688]

Hyperinflation and you have less money at your disposal.

 

[upsgrunt]

Got it.

 

[upschuck]

Wonder when the last time someone took the annuity was?

 

[upschuck]

Hyperinflation and you have less money at your disposal.

You'd have less money either way.

 

[Brownslave688]

You'll pay more in intrest on loans and make less on investments.



Think of it this way. What if ups had given you 30 years of wages up front?

Your dollars would of went a lot farther 30 years ago. You could of paid off all kinds of things then watched your money grow.

 

[Brownslave688]

You'd have less money either way.

300 million to invest would give you a better chance of offsetting the inflation than a payment every year.

 

[Big Arrow Down...D]

I'd work, but not for UPS. Would probably volunteer at a nonprofit

P*

 

[oldngray]

300 million to invest would give you a better chance of offsetting the inflation than a payment every year.

Lump sum is always the best option.

 

[Brownslave688]

P*

He can come work for me after I win.



He wont profit at all from it I promise.

 

[Big Arrow Down...D]

He can come work for me after I win.



He wont profit at all from it I promise.

He can plow the fields while we plow his wife......

 

[Brownslave688]

He can plow the fields while we plow his wife......

Where's our boom charm?


He can have sloppy thirds. Or 4ths depending on what my wife thinks of her.