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+--- Thread: Powerball Lottery Winners Decline $200M (/Thread-Powerball-Lottery-Winners-Decline-200M)
RE: Powerball Lottery Winners Decline $200M - Hazard - 01-22-2016
(01-21-2016, 08:27 PM)The Real Slim Shady Wrote: the op is mistaken. You'd be waiting up to 30 years for the whole amount. would you still wait?
In that case, I'd probably just deny it.
RE: Powerball Lottery Winners Decline $200M - Oni - 01-22-2016
(01-21-2016, 02:23 PM)The Real Slim Shady Wrote: And what if you had to wait 30 years, which is actually the case?
30 years? Probably wouldn't wait.
Powerball Lottery Winners Decline $200M - Wildfire - 01-29-2016
To be honest, I'd take the annuitized payments just so people wouldn't try to rob/kill me for the money, knowing I, at least immediately, don't have it.
RE: Powerball Lottery Winners Decline $200M - m0dem - 01-30-2016
I'd probably take the money straight out without waiting for ~30 years. Right away, I would hire an armed body guard though. xD
The reason I would take it out early is because: with all that money I could start my own businesses and in the end I would (if I'm not stupid) make (much) more money than if I would've waited for the annual paypments.
Plus, who knows if the lottery system will fall apart and default on their annual payments.
I personally would not gamble with lottery tickets (or at all), because if you look at the math, chances are... you won't win. (shocker)