I bet someone won Mega Millions.

[Reciprocity]

The numbers are too low. If its you ,can I be your best friend!

6/29/2004
10,13,19,28,38 Mega Ball = 1

This is the official site check your numbers here.
http://www.megamillions.com/

[BattyDem]

1. I didn't check my tickets yet

I'm in no hurry to find out I lost (again) .... I'll wait until the morning so I can go to bed and have some "rich" dreams tonight! :smoke:

[Gothic Sponge]

2. I WON!

No i didn't....I'll check my numbers later, but those don't look like mine.

[Reciprocity]

3. OMG!

What is this, no one won the jackpot and now its 280 million? That's 105 million to a single winner, cash option minus 25% for fed taxes. Yes we could live well Grasshopper.

[Beaker]

4. when i win-

I'm building a compound on the kona side of the big island for me and my posse...

[jukes]

5. curacao

here i come!


:bounce:

[Reciprocity]

6. Do the math.

Okay I freely admit math is not my strong point. Can someone help me with this?
Here's the deal.

Mega Millions Jackpot Hits Record Levels with a $280 Million Jackpot for the Friday, July 2 Drawing!

For those who prefer to take their cash winnings up-front, it's a pretty nice payday as well. If one lucky cash-option player matches all six winning numbers, he or she will take home a check for approximately $156 million (before taxes), the estimated present cash value of Friday's jackpot!

http://biz.yahoo.com/prnews/040630/dew013_1.html

That's $156 million (before taxes).

Well when I divide 280 / 2 it comes out to be 149 NOT 156 .So what am I missing?

[never cry wolf]

11. It's the cost of the annuity

It would cost the lottery people $156M to buy an annuity that would pay you $280M over 26 years.

[ProfessorGAC]

13. Steviet, Gets The Prize

Actually that's a pretty poor annuity. Since the interest rates should be based upon a mixed portfolio of guaranteed and low risk investments, i would think the number should be closer to $170 million. (Based upon 5.25% mixed return, or a net present value of 64%)

That's a pretty generous discount rate to bring it down to 56% of FV.
The Professor

[Maestro]

7. If I won,

I wouldn't say a thing. I would fear losing all my friends. I suppose I would try to live my life the same, perhaps buy a bigger house but nothing overly extravagant and give much of the money away. I would just make sure first that my family is set up for the rest of their lives and some generations beyond.

[pagerbear]

8. Nope. It's up to $280 million!

And I'm gonna win and leave you losers in the dust!

[ProfessorGAC]

9. Oh, Yeah?!?!?

Sorry. Couldn't come up with anything better. Oh, BTW! I'm going to win it. So there!
The Professor

[pagerbear]

10. You think so, eh?

You poor, deluded soul!

[ProfessorGAC]

12. Well, Then

Maybe when you win, you can flip me a thousand or so, and i'll get help with my delusion. Yeah, that's it. I'll get help with my delusion. Or, another guitar. I'll decide after i get your check.
The Professor

[pagerbear]

14. The check isin the mail.