To: SMGFan
$476 MILLION =$341 Mil Cash Option = -35% for taxes =
$222 Mil ?[Not counting State tax]
Yeah, not worth it.
10 posted on
03/28/2012 2:02:55 AM PDT by
Theoria
(Rush Limbaugh: Ron Paul sounds like an Islamic terrorist)
To: Theoria
In Pa the winnings are free from both state and local taxes.
To: Theoria
Actually the expected payout of buying one lottery ticket is $1.20 using the after tax calculation in an earlier post which is greater than the $1 it costs you to buy a ticket. So it would make sense to buy up every possible combination or buy as many tickets as possible.
32 posted on
03/28/2012 6:57:36 AM PDT by
C19fan
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