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TopicHow much of the $758M Powerball would you get after taxes in your state?
AllstarSniper32
08/25/17 3:54:26 AM
#27:


Zeus posted...
Annuity is the strictly worse option. Assuming you get a 3% return year-to-year on your investment, the overall payout over 29 years would be $831m (or, assuming that you spent $30m up front, it'd still be like $751m)

How is $568 million overall worse than $353 overall? are you just meaning investments? Since I didn't read that when I first read your post?

If you're getting $8 million for the starting payment, then it looks like you get more with each payment, you shouldn't have to worry about something like investments. But then again, I don't know anything really about investments though. That's something I'd have to learn if I were to win something like this though.
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If the people only understood the rank injustice of our money and banking systems, there would be a revolution before morning - Andrew Jackson
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