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Defense Worker Wins $217 Million Lottery

virginia computer scientist valentine’s day lump sum

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17 replies to this topic

#16 mudslag


    I live in your head

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Posted 17 February 2013 - 07:44

lol yea, .05% is still around $70,000 a year.

Depends entirely on how it's invested, even with a basic savings account you can find some that offer 1% of slightly more giving you a little over a million a year back. Other investments can get you a hell of a lot better rate then 1% and still be pretty safe. Most banks will be more then willing to offer you a better rate just for sticking 100 million into their bank.

First of all, why would you go public when you've just won a complete fortune?

Second why should they not get the whole jackpot?

They already paid taxes and the money they had left over they used to buy a ticket that should go also to good causes.

British and Euro-Millions doesn't charge any taxes and if you win £200,000,000 you get the lot, lock stock the lot.

Depending on state law, some states allow you to remain anonymous others require you to go public. Stupid law but that is what it is.

#17 Growled


    Neowinian Senior

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Posted 18 February 2013 - 01:18

I'd be just like them. I'd take the money and run.

#18 leesmithg


    The Major!

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Posted 23 February 2013 - 07:39

I believe going public is part of the lottery terms. I sure wouldn't want to go public if I had the option.

Are you really whining about how much of a ridiculous amount of money you actually hypothetically get? $137 is more than I'd ever know what to do with and I'd be just fine taking that.

I am not whining.

I am pointing out how they're double taxed.