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Posted on 12/10/2025 10:23:51 PM PST by zeestephen
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I would imagine money of that magnitude means your normal life is over forever. You’ll need permanent security details for yourself and your extended family for the rest of their days.
Good! Jobs for former tier one US military operators!
Lol... ya know as I typed that I second guessed myself like 5 times if it was powerball or mega. Then thought, well if its wrong someone will correct it!!
Cheers!
What to do if you win:
Step 1. Sit on your locked away, signed and photographed ticket for about 2 months. Change nothing about your life.
Step 2. Discreetly talk to paid professional financial advisors.
Step 3. Collect the earnings with the advise of said advisors.
Step 4. Don’t be stupid. Use that money to make more money.
I place my bet with a bookie that an illegal will win it at least I get some money out of it.
NO....and the 30 year payment option is absolutely the WORST option for many different reasons. Take the lump sum. Always.
Well, at least I could pay some bills...
Well, I wasn't great at math, but I wasn't bad enough at math to pay a lawyer to set up a trust to collect my billion when I win this Saturday.
BUT - when I wake up Sunday morning with the news that the winner lives in my town, and the winning ticket was sold at my location, and I check the ticket and all the numbers line up - then I'm calling in sick Monday to spend the day with a lawyer to figure out how my family, down to my grandchildren, can be collecting for 30 years if I happen to be on the wrong side of the grass by then.
Win Powerball steps:
1) Make copies of the ticket and put in somewhere safe
2) Tell no one
3) Get a lawyer skilled in trusts and money laundering
4) Also get a divorce lawyer, just in case
5) Choose the cash or the 30 year payout based on your life expectancy and your family configuration, and how much you think little green slips of paper will buy in 30 years.
6) Don't quit your day job until everything else is set.
I'm ready.
Ca$h is King.
Don’t worry ... we won’t show this list to your wife 🤣
Christ is King. Money is a tool that can be used for good or ill. The love of money is the root of all evil. ~ Mr. Pedantic
Well, of course Christ it King, Sirius.
This is a question of whether this person should take a CASH payout or an over time payout.
But, your virtue signaling is noted, FRiend. Seriously.
I would take the $33 million a year for 30 years, but it’s probably non-transferable, and I very much doubt I’ll be here by the end of it. And if I were, $33 million wouldn’t get me through the whole year by that time. I’m just grateful it won’t become an issue. 😊
Pick numbers?
Random issued ticket?
In our state you can do either.
$710,000,000 in taxes on a Billion. No wonder government allows gambling and lotteries.
Exactly the right strategy. It is also better if you cut in family members to share the pain, so they won’t bother you down the line.
The cash option is $461 million - not $1 billion.
The cash option tax is 37% X $461 million = $170 million in federal income tax.
State and local income tax can reduce that more.
The 30 year annuity earns interest every year - but, it takes 30 years to get all your money.
If you choose the cash option and invest all of it in the S&P 500 or the Nasdaq 100, you will likely have much more money in 30 years than if you just get the average interest rate.
GREAT, now I would take the cash option and live out the years I have left. If I can burn through 10 million in the next 10-15 years, who cares. I’ll be 82-87.
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