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The time you get your money after lump sum and 37% tax...1.7bil reduced to cash payout of $770.3mil (reduced 54.7%) x 37% income tax = $485,289,000. A reduction of around 72% from the originally advertised prize.(Source https://www.newsweek.com/how-much-cash-powerball-jackpot-winner-actually-receive-2125010)You'll feel a further hit if you live in a state that applies its own state income tax.To get a cool $1 billion out of it after lump sum payout and the IRS take, prize needs to be @$4bil. My $4 investment is in for each draw!
thank you for injecting realityin the past I have told many people they actually receive about 30% a tax on the dreamers is all it is
Please check this outhttps://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.cbsnews.com/news/jerry-and-marge-selbee-how-a-retired-couple-won-millions-using-a-lottery-loophole-60-minutes-2019-06-09/&ved=2ahUKEwillcyYk8KPAxXiz_ACHeBWL_wQFnoECA0QAQ&usg=AOvVaw0yE27kVzT_iz78_icBpmNH
Great story Papi!I saw the move based on, was also good...https://www.youtube.com/watch?v=ibI0mLL0zhc
At least I would feel fulfilled knowing that I paid my fair share like Liz Warren and Bernie Sanders keep saying.
What would you do with the money if you hit it?Multiple choice, A - Buy a new house and car and start seeing young bimbos.B - Pay for psychiatric visits for rainman2 to cure his TDS.C - Buy a real good standardbred horse or stableD - Buy a real good TB horse or stableE - Go to a tropical destination and spend all day sipping drinks with umbrellas in them and chasing hoes all night, for you ladies chasing studs all night.F- Describe your own way of spending the loot.
You ain't going to be having chasing no ho's they'll find you and fuck you and love you until the loot is spent, locusts... (After lump sum and taxes) I'd set aside 10% for moi. With the 90%, philanthropy. I'd assemble team to vett out the best of people, scientists, organizations to fulfill my goal charitable money purposes placement. The 90% of monies focusing curing disease and illness, healing quicker, making life more comfortable for those born afflicted. Living longer the science of slowing down aging i.e. cells dying. I'd lobby heavy for ID cards for age 12 - adult with rfd chips so cops know who they're confronting and help lower their ptsd, then we get rid of all the bad people and bad cops once we have an equitable system of law enforcement. Offer a bounty on proof of corrupt anyone in power and promote integrity in government and politics. I'd see that all animal science, domesticated animal science i.e dogs, cats, that they advance to keeping our furry family members healthier and living longer curing their diseases and illness, and surgeries that are reasonable and possibly low cost financing.That's a start, my bucket list is empty I'm happy with my life now, 10% is a nice cushion though and to be there for my friends and community at a local level.