LogFAQs > #960101

LurkerFAQs ( 06.29.2011-09.11.2012 ), Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear
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TopicMega Millions is now 476 million dollars...
Aecioo
03/28/12 7:06:00 AM
#9:


SunbakedOrphan posted...
If you take a lump sum, I'm pretty sure that the figure you receive is significantly lower than what you would end up receiving if you took monthly payments

Yeah, because they try and do it in a way that avoids you getting blasted by taxes by spacing it out.

But when the jackpot is almost 500 million dollars, I don't think anyone would object to just taking the lump sum 250ish million dollars as opposed to having to wait 30 years for however much more.

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http://28.media.tumblr.com/tumblr_lcb35gGx0t1qailr4o1_500.gif
http://www.megavideo.com/?v=57N0YAEJ
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