$640M lottery win
31 March 2012, 09:14 AM
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$640M lottery win
heard this on the radio this morning. x18 times rollover. one person. meh, i think i might just get by 
http://www.telegraph.co.uk/news/worl...et-holder.html
http://www.telegraph.co.uk/news/worl...et-holder.html
Last edited by bigsinky; 31 March 2012 at 09:15 AM.
31 March 2012, 10:03 AM
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Err... yeah. 
Wouldn't touch the capital, would just have it bringing in income. Have a large portion of that going off to good causes and live off a couple of million a year. Job jobbed! I'd be quite happy travelling, reading... would maybe even still work occasionally.
Wouldn't touch the capital, would just have it bringing in income. Have a large portion of that going off to good causes and live off a couple of million a year. Job jobbed! I'd be quite happy travelling, reading... would maybe even still work occasionally.
Last edited by GlesgaKiss; 31 March 2012 at 10:04 AM.
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31 March 2012, 02:35 PM
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31 March 2012, 05:36 PM
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Seems there are three winners from what I read this morning.
If it was a single winner and you took the lump sum you'd get something like $300m, and after tax it would work out to about $125m.
I'd be curious to know how much you would end up if you didn't take the lump sum and took the yearly option instead.
If it was a single winner and you took the lump sum you'd get something like $300m, and after tax it would work out to about $125m.
I'd be curious to know how much you would end up if you didn't take the lump sum and took the yearly option instead.
31 March 2012, 07:20 PM
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Seems there are three winners from what I read this morning.
If it was a single winner and you took the lump sum you'd get something like $300m, and after tax it would work out to about $125m.
I'd be curious to know how much you would end up if you didn't take the lump sum and took the yearly option instead.
If it was a single winner and you took the lump sum you'd get something like $300m, and after tax it would work out to about $125m.
I'd be curious to know how much you would end up if you didn't take the lump sum and took the yearly option instead.
Dave
31 March 2012, 08:06 PM
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About half of the lottery money is paid out to ticket holders in the form of winnings, 35 percent to state governments and 15 percent to retailer commissions and lottery operating expenses. Still doing ok though
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