It's for the children.
Posted on 10/19/2018 9:44:20 AM PDT by Snickering Hound
The Mega Millions jackpot for tonight’s drawing has been increased by $30 million to $1 billion. One-time lump sum payment is $565.6 million.
The $1 billion jackpot is the largest Mega Millions jackpot ever. The biggest Mega Millions jackpot won in 2018 was a $543 million jackpot. One ticket purchased in California matched the five white balls and Mega ball to win on July 24.
(Excerpt) Read more at clickondetroit.com ...
It's for the children.
Holy sh#t.
If I win, I can pay off most of my debts.
I am going to win it and when the press comes to me for interviews I am telling them that I am donating all of it to help Trump build the wall.
Whoa...that’s beer money for a whole year!
Yeah, if you have anything left after your tax bill.
“Maybe I’ll go to the movies.....by myself!”
I’d settle for 5 out of 6 numbers correct.
Craft beer at that.I’m thinking of a good IPA with some citrus notes.
At that level of prize, I’m getting a new Porsche 718 Cayman S coupe.
But remember, after taxes the take home will only be around $300 million or so, so ask yourself if it’s worth it.
Just say you’re going to donate 1/2! lol You won’t be lying.
Gee...only 300 mil...that’s poverty level...
“But remember, after taxes the take home will only be around $300 million or so, so ask yourself if it’s worth it.”
You’re right, I have better use for the $2.
In AR, with 7% tax + highest taxbracket of 40.4 (37% + insipid obamacare tx) , your 565.5mm = approx. $343,250,000.00 NET to you.
No problem, I'd just buy Aa2 rated Arkansas tax free munis with state aid withholding and insurance at 4% coupon.
That would be tax free income of almost $14,000,000.00 a year.....and still have my 343 million in winnings.
Of course the church gets 10% and I set up lots of separate accounts for charitable giving......and FR would have no more fundraisers, ever., Lots would go to GOA, NRA, Shriners, Samaritans, etc.
If I win, I’m having my 1999 GMC Suburban pounded out to look like the Warthog from Halo 2.
note that top payout was $5mil, with 8 additional $1mil payouts....these payments are cash not annuities...
No state income tax on lottery in Cali. Only fed.
If I win, I’m going to stack it up on a pallet and ship it to Iran! No, wait, President Obama already did that so I can just keep it. Thanks, Obama!
Bravo to you.
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