LogFAQs > #960126

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TopicMega Millions is now 476 million dollars...
foolm0ron
03/29/12 7:17:00 PM
#34:


From: Aecioo | #009
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.


And in 30 years, 250 million will be worth a lot less

--
_foolmo_
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