Powerball is at $2.04BILLIE (winner 11/7/22 in Cali )

lib123

All Star
Joined
Jun 16, 2015
Messages
6,144
Reputation
329
Daps
12,468
the advertised annuity is one thing, and the advertised cash sum is another

anyone can easily view the cash sum, which is shown on lotto apps


if people can’t understand that, its not the governments fault, they do not take more than half of the cash lump sum

In many states they take about half the lump-sum after federal and state taxes.
 

CBalla

Superstar
Supporter
Joined
Aug 7, 2019
Messages
4,897
Reputation
332
Daps
14,994
In many states they take about half the lump-sum after federal and state taxes.
in a few states yes, but about half isnt more than half

take the cash, invest properly, watch it turn into a billion by 2050
 

lib123

All Star
Joined
Jun 16, 2015
Messages
6,144
Reputation
329
Daps
12,468
in a few states yes, but about half isnt more than half

take the cash, invest properly, watch it turn into a billion by 2050

That’s not the point. We’re saying the advertised prizes are deceptive. Especially considering the extremely small odds of winning.
 

CBalla

Superstar
Supporter
Joined
Aug 7, 2019
Messages
4,897
Reputation
332
Daps
14,994
That’s not the point. We’re saying the advertised prizes are deceptive. Especially considering the extremely small odds of winning.
bro the annuity is the annuity :what: you can go on texas lottery app right now and they tell you the exact cash lump sum amount pre tax :dahell:
 

lib123

All Star
Joined
Jun 16, 2015
Messages
6,144
Reputation
329
Daps
12,468
bro the annuity is the annuity :what: you can go on texas lottery app right now and they tell you the exact cash lump sum amount pre tax :dahell:

I understand that. You're not getting the point we're trying to make about how the after-tax lump sum payout should be larger but it's all good.
 
Top