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A HERETIC I AM

(24,908 posts)

4. It also has to be said that NO ONE will actually realize $500 million

Reply to packman (Original post)

Wed Jan 6, 2016, 02:37 PM

Jan 2016

Even if you take the annuity payments you will still be in the 39.6% bracket.

$184.824 million is the cash option minus 39.6% then add applicable state income taxes

But I think I might be able to muddle through the rest of my life on such a paltry sum!

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POWERBALL - 500 million- [View all] packman Jan 2016 OP

I read once your chances are better for having a fatal heart attack when you win, than they are. . . Journeyman Jan 2016 #1

I'm in DefenseLawyer Jan 2016 #2

God, me and the Lottery Joke packman Jan 2016 #3

Great one# Glamrock Jan 2016 #9

It also has to be said that NO ONE will actually realize $500 million A HERETIC I AM Jan 2016 #4

I'm willing to give it a try if I win. NightWatcher Jan 2016 #8

personally, I hate the big jackpots hfojvt Jan 2016 #5

You would have to forget about nearly everyone you ever knew. lpbk2713 Jan 2016 #6

So you're telling me there's a chance Johonny Jan 2016 #7

Additionaly, WHAT you win is likely to drop... brooklynite Jan 2016 #10

I'd consider buying a ticket if the spoils were widely divided with less noney question everything Jan 2016 #11