cddolphin Posted August 24, 2017 Share Posted August 24, 2017 2 minutes ago, EliteTexan80 said: Yup. Comes out to about $23mm a year for 30 years. Then you'd really have to do the math, and there would be a lot of prognosticating involved. Link to comment Share on other sites More sharing options...
fretgod99 Posted August 24, 2017 Share Posted August 24, 2017 Yeah, the published amount is for annuities. That's why the current payout is drastically lower - present value and all that. As mentioned, you can definitely beat the estimated amount by wisely investing your lump sum payment. But honestly for me, it'd probably be more effort than it's worth. Maybe, I don't know. And, won't have to find out any time soon, either. Link to comment Share on other sites More sharing options...
NS922 Posted August 24, 2017 Share Posted August 24, 2017 Why would you go on TV after winning the lottery? Now everyone knows exactly who just won millions and millions of dollars. Link to comment Share on other sites More sharing options...
MrDrew Posted August 24, 2017 Share Posted August 24, 2017 17 minutes ago, NS922 said: Why would you go on TV after winning the lottery? Now everyone knows exactly who just won millions and millions of dollars. Most states have that built in for you to get your check. There's very few that allow you to remain anonymous. Link to comment Share on other sites More sharing options...
NS922 Posted August 24, 2017 Share Posted August 24, 2017 Just now, MrDrew said: Most states have that built in for you to get your check. There's very few that allow you to remain anonymous. That's messed up. Link to comment Share on other sites More sharing options...
ET80 Posted August 24, 2017 Author Share Posted August 24, 2017 2 minutes ago, NS922 said: That's messed up. Another reason to incorporate right before you declare your winning ticket. That way, you could send a representative (usually a lawyer) to pick up your winnings on the behalf of the corporation. Link to comment Share on other sites More sharing options...
Supersuavesky Posted August 24, 2017 Share Posted August 24, 2017 Yep. Legal representation is the first thing you do. Link to comment Share on other sites More sharing options...
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