KD in CA Posted January 11, 2016 Share Posted January 11, 2016 I am waiting for the $1 billion jackpot Supposedly it's up to $1.4B right now, so will be at least $1.5B by Wednesday. But I heard last night that in addition to the standard annuity value, they apparently now add an assumed inflation rate just to pump up the 'max' dollar value. Link to comment Share on other sites More sharing options...
Chef Jim Posted January 11, 2016 Share Posted January 11, 2016 (edited) I saw this posted on FB. Man people are pretty dumb. BTW this is effing insane. After taxes you could give away a half a billion dollars and still have enough left over at 4% to generate $8,000,000 of annual income. Edited January 11, 2016 by Chef Jim Link to comment Share on other sites More sharing options...
Acantha Posted January 11, 2016 Share Posted January 11, 2016 I saw this posted on FB. Man people are pretty dumb. BTW this is effing insane. After taxes you could give away a half a billion dollars and still have enough left over at 4% to generate $8,000,000 of annual income. I'd assume there's going to be multiple winners. Still a **** load of money, but more than likely not a new billionaire. Of course, if it really is one winner...WOW. Can't imagine the reality of something like that. Link to comment Share on other sites More sharing options...
Chef Jim Posted January 11, 2016 Share Posted January 11, 2016 I'd assume there's going to be multiple winners. Still a **** load of money, but more than likely not a new billionaire. Of course, if it really is one winner...WOW. Can't imagine the reality of something like that. No one will become a billionaire. Even if there is one winner taxes will likely take >50%. I never, ever, ever play the damn lottery. However...................... Link to comment Share on other sites More sharing options...
mead107 Posted January 11, 2016 Share Posted January 11, 2016 Just need 1 ticket Link to comment Share on other sites More sharing options...
Acantha Posted January 11, 2016 Share Posted January 11, 2016 Just need 1 ticketI just around 292 million tickets! Link to comment Share on other sites More sharing options...
The Poojer Posted January 11, 2016 Share Posted January 11, 2016 would probably just break even, IF you were the only winner.... I just around 292 million tickets! Link to comment Share on other sites More sharing options...
Acantha Posted January 11, 2016 Share Posted January 11, 2016 would probably just break even, IF you were the only winner....I didn't say I wanted to have to pay for them. Link to comment Share on other sites More sharing options...
Chef Jim Posted January 11, 2016 Share Posted January 11, 2016 I saw this posted on FB. Man people are pretty dumb. BTW this is effing insane. After taxes you could give away a half a billion dollars and still have enough left over at 4% to generate $8,000,000 of annual income. Ok so I pointed out on my friend's post on FB that shared this that someone needs to work on their math. I got this response: its def wrong but we could still all benefit from few million. Actually is correct, thats a 4, not 9. But hey, I;ll take 2 mil after taxes. Link to comment Share on other sites More sharing options...
dpberr Posted January 11, 2016 Share Posted January 11, 2016 The thing that has bothered me about the lottery is the loss of anonymity because they just can't let you win and be provided the option of remaining anonymous. Only six states give you the option. Otherwise you are now known to the entire world. You and your family are now a target for the desperate and everyone you know now expects something from you. Link to comment Share on other sites More sharing options...
Chef Jim Posted January 11, 2016 Share Posted January 11, 2016 The thing that has bothered me about the lottery is the loss of anonymity because they just can't let you win and be provided the option of remaining anonymous. Only six states give you the option. Otherwise you are now known to the entire world. You and your family are now a target for the desperate and everyone you know now expects something from you. I would have no problem telling people to !@#$ off. Link to comment Share on other sites More sharing options...
4merper4mer Posted January 11, 2016 Share Posted January 11, 2016 Ok so I pointed out on my friend's post on FB that shared this that someone needs to work on their math. I got this response: its def wrong but we could still all benefit from few million. Actually is correct, thats a 4, not 9. But hey, I;ll take 2 mil after taxes. Are you sure you weren't on Canadian Facebook? Link to comment Share on other sites More sharing options...
GG Posted January 11, 2016 Share Posted January 11, 2016 Are you sure you weren't on Canadian Facebook? I'm sure it came straight from a POTUS campaign. Link to comment Share on other sites More sharing options...
/dev/null Posted January 11, 2016 Share Posted January 11, 2016 I saw this posted on FB. Man people are pretty dumb. BTW this is effing insane. After taxes you could give away a half a billion dollars and still have enough left over at 4% to generate $8,000,000 of annual income. math are hard Link to comment Share on other sites More sharing options...
Chef Jim Posted January 11, 2016 Share Posted January 11, 2016 math are hard There's hard and there's not even !@#$ing close. Link to comment Share on other sites More sharing options...
DC Tom Posted January 12, 2016 Share Posted January 12, 2016 math are hard Common core math. Link to comment Share on other sites More sharing options...
mead107 Posted January 12, 2016 Share Posted January 12, 2016 If I put $5 down on it do I win 2 1/2 times the 1.4 billion??? Link to comment Share on other sites More sharing options...
shrader Posted January 12, 2016 Share Posted January 12, 2016 I saw this posted on FB. Man people are pretty dumb. BTW this is effing insane. After taxes you could give away a half a billion dollars and still have enough left over at 4% to generate $8,000,000 of annual income. Even my wife who sucks at math caught that one right away when we saw it yesterday. I hope people track down this Philipe Andolini guy and see what other gems he has to offer. I guess I can at least feel better about the people on my facebook list though. The image only showed up because of people commenting about it being wrong. Link to comment Share on other sites More sharing options...
The Poojer Posted January 12, 2016 Share Posted January 12, 2016 OK, I have completed my analysis of Powerball numbers drawn through history, I know the winning numbers! Like I am gonna do all the hard work and give it you mopes Link to comment Share on other sites More sharing options...
Acantha Posted January 12, 2016 Share Posted January 12, 2016 (edited) Just noticed it's 1.5B with a 930M payout. Would be cool to see it hit a Billion payout by tonight! Yeah, I know taxes ruin it, but it's still cool! Edited January 12, 2016 by Acantha Link to comment Share on other sites More sharing options...
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