If you win the Powerball tonight, will you take the lump sum or the annuity?
What will you do first, what will be your first big purchase?
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4meAndyou · F
I don't play the lottery, but if I did, I would take the lump sum. You can't guarantee you will still be alive to take the annuity every year, and you might miss out, so...lump sum. Half of that would go to taxes...immediately...so you would not take home quite as much as you think.
If I had all of that money I would definitely buy a house.
If I had all of that money I would definitely buy a house.
BizSuitStacy · M
calicuz · 56-60, M
LilPrincess · 46-50, F
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sirenofthesea · F
Id build a bespoke cottage right in front of the sea, in either the Hebrides, or Cornwall or somewhere. That’s all, not big. I’d build some tiny house/wooden studio’s out the back to rent out to artists/writers/musicians who want to get away and create. I’m not a materialistic person, I adore simple living so I wouldn’t want much else. I’d probably invest the rest and build an art centre for mentally ill people, I’d also buy art supplies for many many psych wards. I think the current sum here in Australia is 140m/
calicuz · 56-60, M
stratosranger · M
stratosranger · M
@calicuz To avoid the nonsense. The schmucks I haven’t seen since grade school for example all suddenly come out of the woodwork. Yeah. I suddenly have A LOT of friends. They’re not my friends. They have stories. All of them are sad. And they have needs. What they need most is money. So when I rightly tell them to shove off I become the jerk? Yeah no. I’d change my name and then my address. In fact I’d leave immediately and have my stuff put into storage while a realtor finds me a new home. Hop on a ship and vanish for a while just to avoid that phony and sad nonsense.
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RedDirtGirl · 46-50, F
Jessmari · 41-45
The annuity. I like the safety that offers over 30 years. I know year one I would want to cover any debts and probably go a little crazy. Also don't like idea of all that money in one place while I figure out what to do with it. I'd need a financial adviser.
I would buy a house and install all the necessary handicap stuff (ramps, chair lift, bathroom accesories, ect.) to make mom's life a bit easier. From what I understand that stuff is hefty chunk of change.
I would buy a house and install all the necessary handicap stuff (ramps, chair lift, bathroom accesories, ect.) to make mom's life a bit easier. From what I understand that stuff is hefty chunk of change.
Miklee02 · 51-55, F
@TryingtoLava LAAAVVVVVAAAAAAAAAAAAAA!!!!!!!!!!!!!!!!
UnderLockDown · M
Penny · 46-50, F
i think id take the annuity. i think the lump sum would be overwhelming and if tehres anyone who could blow through it all real fast itd be me lol so this way itd keep coming. my first big purchase hmmm.id buy a new place to live and all my renter friends a condo or house. or make like a little compound or something where we could all live. idk id have to think about it
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Faroutcat · 46-50, M
I don’t buy Powerball tickets cuz I don’t want that much money. It will only ruin your life. And that much money changes you into a different person. I only play a local lottery when it gets up to $50,000 to $100,000. If I can just win that much, I could pay off all the money I owe.
calicuz · 56-60, M
HannibalMontanimal · 26-30, M
Eddiesolds · 61-69, M
cherokeepatti · 61-69, F
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PhoenixPhail · M
checkoutanytime · M
TheFragile · 46-50, M
Somewhereovertherainbow · 46-50, F
Tminus6453 · M
calicuz · 56-60, M
bookerdana · M
ZombiesAteMyArm · 41-45, M
FreestyleArt · 31-35, M
Justmeraeagain · 56-60, F
Stillwaiting · M
calicuz · 56-60, M
Eddiesolds · 61-69, M
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calicuz · 56-60, M
@PerfectionOfTheHeart
About 30 million a year after taxes for 30 years..
About 30 million a year after taxes for 30 years..
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