🏈 Who's playing the Powerball...winner comes from Cali ...

[It Takes Eleven]

I'd take lump sum. A modest 7% return doubles your money in 12 years.

Another way of looking at it is $262 Million investment at 7% / year would yield roughly 18+ Million/year before capital gains. At 39.6% capital gains tax, that's still $11 Million a year without ever touching the $262 Million.

If you could get a better 10% return then that would grow to $26.2M/year or $15.7M/year - after tax - without ever touching the $262M.

Even if you spent every cent of that $15.7M/yr - after 25 years you'd still have $262M

It'd only take a six percent return to double it in 12 years.

I"d give 20 percent away to the charities of my choice, pay the obscene taxes and then work hard to keep the money from ruining my life and the lives of my relatives.

RTR,

Tim

 

[Bammerboy321]

I'd buy RollTIdeBama and then you'd all be seriously fucked!

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[EasyTider]

I'd catch up on as many of my past due bills as I could.

 

[OldPlayer]

I'd catch up on as many of my past due bills as I could.

You don't think the amount would cover them all?

 

[Che Boludo]

I'd take the lump sum.It's up to 558 million now, pay the tax, and have about 334.8 million left.

Assuming I set aside 50 million to spend extravagantly the first year and buy all of my wants and provide for family/friends, simply placing the remainder in an interest bearing account as benign as a savings account at .03% generates 7k+ a month. While not extraordinary, 7k a month is nice pocket change.

With a host of other semi-liquid, higher yielding accounts out there, you could obviously generate a lot more return.

 

[rick4bama]

I think it up to $800 mill now?

 

[planomateo]

Just bought my 5 tickets.

 

[XXL TideFan]

I hear that across the TN lone from Florence the wait is almost 5 hrs for a ticket purchase

 

[rick4bama]

I hear that across the TN lone from Florence the wait is almost 5 hrs for a ticket purchase

Most are from Bama too. Same as in Ga. a lady say most of her buyer were from Bama.

 

[Bammerboy321]

Once again, Alabamians traveling to other fucking states and spending their money. God I just we could have a lottery.

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[rueben]

I would buy me a couple of houses on The Battery in Charleston, a 42' Yellowfin with quad 350's. Then I would set up some trust funds including college tuition stipulations for the kids. And then of course a gameday condo in Tuscaloosa.

Very similar.
Only a Release Marine 46' walkaround and Ballast Key in Fl.

 

[Bama Ravens]

48 hours until the NC game, and a thread about the Powerball is the thread at the top of the football forum.

:doh2::smh:

 

[rueben]

48 hours until the NC game, and a thread about the Powerball is the thread at the top of the football forum.

:doh2::smh:

It's at the top because it was the last on which to be be posted.
I posted because I am biding time until the game.

 

[rick4bama]

48 hours until the NC game, and a thread about the Powerball is the thread at the top of the football forum.

:doh2::smh:

You know it keeping us away from the game!

 

[Bama Ravens]

It's at the top because it was the last on which to be be posted.
I posted because I am biding time until the game.

Oh I know that's why it's at the top.

You guys ain't focused. More worried about not football stuff. Shame shame shame.

 

[rick4bama]

Oh I know that's why it's at the top.

You guys ain't focused. More worried about not football stuff. Shame shame shame.

I had it back on top till I reply to this. :bman:

 

[rick4bama]

Here the winner numbers: 32, 16, 19, 57, 34, power ball 13 Any one got these numbers?

 

[rueben]

Some...but not enough...

 

[EasyTider]

Here the winner numbers: 32, 16, 19, 57, 34, power ball 13 Any one got these numbers?

Evans, Slotty, Ragland, Pettway, Harris w/ Ardarius for the win

 

[rick4bama]

Evans, Slotty, Ragland, Pettway, Harris w/ Ardarius for the win

I saw someone post or twitter about using Bama and barning football players numbers. I wonder if someone did?