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Mega Millions - Next Estimated Jackpot - $1.55 Billion
Mega Millions ^ | 05 August 2023

Posted on 08/05/2023 2:34:37 AM PDT by zeestephen

Next drawing - Tuesday - 08 August - 30 Year Annuity $51.7 million per year before taxes - $32.6 million per year after 37% IRS tax - Cash Option $757 million lump sum before taxes - $477 million lump sum after 37% IRS tax

(Excerpt) Read more at megamillions.com ...


TOPICS: Chit/Chat
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1 posted on 08/05/2023 2:34:37 AM PDT by zeestephen
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The idea is to use that money to make more money.


2 posted on 08/05/2023 2:47:47 AM PDT by RandallFlagg ("Okay. As long as the paperwork is clean, you boys can do what you like out there." -Fifi)
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To: zeestephen

Gibsmedats


3 posted on 08/05/2023 2:48:01 AM PDT by Blue Highway
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To: zeestephen

If I won that $1.55 Billion, I could finally afford some really nice dice for my rear view mirror!


4 posted on 08/05/2023 3:00:20 AM PDT by newfreep ("There is no race problem...just a problem race")
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To: zeestephen

Wow...what are the odds...

/s


5 posted on 08/05/2023 3:05:28 AM PDT by Adder (ALL Democrats are the enemy. NO QUARTER!!)
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To: zeestephen

You can get to know a lot of women with that kind of money.


6 posted on 08/05/2023 3:08:41 AM PDT by minnesota_bound (Need more money to buy everything now)
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To: zeestephen

If I hit I’d build a tall ship replica, fully automated, and be gone... ...and just check in on the interest accumulation on the balance every once in a while...


7 posted on 08/05/2023 3:09:33 AM PDT by sit-rep
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To: zeestephen

“Cash Option $757 million lump sum before taxes - $477 million lump sum after 37% IRS tax”

Keep going. If you put 477 million in some investment that only pays ONE percent you’ll have $4,770,000 per year in interest to live on without ever touching the lump sum.

Now do a normal return on investment percentage! Say even 5%? Nearly 24 million per year. I can hardly think that big.

This puts you into the super wealthy class, and will make you an enemy of the state unless you donate to leftist causes.


8 posted on 08/05/2023 3:13:44 AM PDT by Big Giant Head ( )
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To: newfreep
> If I won that $1.55 Billion, I could finally afford some really nice dice for my rear view mirror! <

Not me. I’d focus on more serious, less trashy stuff. I’d cover my front and back yards with the best pink flamingos that money can buy.

The neighbors would be so jealous!


9 posted on 08/05/2023 3:26:12 AM PDT by Leaning Right (The steal is real.)
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To: newfreep

I guess I’ll have to go “invest” $5 on it.

Then read about the various winner’s stories.

I recall one where the husband and wife divorced and took their split. Within 5 years they were both found dead, alone in their mansions. Both had been dead for months before anybody missed them.

The successful ones are those that gave the money for a new church building or hospital wing. Redid the roof and carpeting in their home and the wife got a new Buick.


10 posted on 08/05/2023 3:29:01 AM PDT by 21twelve (Ever Vigilant. Never Fearful.)
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To: newfreep
Dungeons & Dragons style...


11 posted on 08/05/2023 3:37:42 AM PDT by EEGator
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To: sit-rep
Re: "If I hit, I'd build a tall ship replica"

Jeff Bezos (Amazon founder) is a couple years ahead of you.

Price tag on the current largest private sailing vessel in the world is in the $400-$500 million range...


12 posted on 08/05/2023 3:44:28 AM PDT by zeestephen (Trump "Lost" By 43,000 Votes - Spread Across Three States - GA, WI, AZ)
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To: 21twelve

The successful ones hire lawyers and investors. They create an LLC or two and generate a legal maze so you never know their identity or outcome.
They move and have a backstory. They don’t run their mouths.


13 posted on 08/05/2023 3:57:15 AM PDT by EEGator
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To: EEGator

That’s funny right there!

D&D nerds, I presume?


14 posted on 08/05/2023 4:01:13 AM PDT by FreedomPoster (Islam delenda est)
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To: RandallFlagg

If you win the lottery, the best thing you could do, imo, is buy into a key-turn business and be semi retired, just doing the accounting and letting minions really run it.


15 posted on 08/05/2023 4:01:14 AM PDT by Jonty30 (If liberals were truth tellers, they'd call themselves literals. )
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To: 21twelve

If you win, you’d have to pretty much put yourself in a high security apartment until they forget about you and use your lawyer’s credit card to make all your purchases for a few years. It would be a bit costly to do it that way, but the alternative is to be permanently at risk.


16 posted on 08/05/2023 4:04:55 AM PDT by Jonty30 (If liberals were truth tellers, they'd call themselves literals. )
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To: FreedomPoster

1980’s nerds “keepin’ it real”!


17 posted on 08/05/2023 4:10:20 AM PDT by EEGator
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To: minnesota_bound

Be sure to leave the crazy ones for me.

LOL - (ouch) 🤕🤕🤕🤕🤕🤕🤕🤕🤕


18 posted on 08/05/2023 4:10:33 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: newfreep

New brake pads for the Cavalier


19 posted on 08/05/2023 4:20:20 AM PDT by AppyPappy (Biden told Al Roker "America is back". Unfortunately, he meant back to the 1970's)
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To: zeestephen

(cough...)...

well... ...lets scale it down just a tad lol!! I’d build something closer to the old look of “The Wicked Wench” design better known as the Black Pearl!! I figured around 100M for that. In the wait for construction to finish, i’ll brush up on either of these 2...

https://www.youtube.com/watch?v=kxubj8URkDI

https://youtu.be/NOS6kP5P4m8


20 posted on 08/05/2023 4:30:13 AM PDT by sit-rep
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