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Topic | Don't forget to buy your Mega Millions tickets |
wolfy42 10/18/18 9:23:20 PM #51: | slacker03150 posted... where are you guys getting your number from? You get a lot more than 175-200 million if you win the jackpot The chances of winning both the mega millions and the powerball are insanely small (1 in some quintillion or something crazy). We are using just the number if you win the 600 mill mega millions portion (which is basically the best possible option) and even then we are saying ONLY you win, which is statistically extremely unlikely. The payout is about half (a bit more then half but whatever)..or at least that is what it said on a website that talked about it, perhaps it has changed a bit (think someone said the payout was actually more now), then your taxes (yeah you can get it down to only 45% or so), means that an original 600mill ends up being around or under 200 mill. And again with a number this high it's VERY likely there will be more then one winner. Meanwhile the point was that even if it was only you, you could still never buy every possible number and come out anywhere near ahead (you would be way behind) and the more people that win, the worse off you would be. Basically it's just throwing money away for million and millions of people with the very very very small chance that you will be the one to get a portion of that money back. Everyone would be way better off just putting all the money into a pot and having a random SS# drawn that gets the money (if they put money in the pot only). That would work out way better AND all the money would go to a person. In addition, you could have it be set up as a gift (Everyone is gifting the winner) which would help with taxes as well. --- "did you steal my f***in signature" Helly ... Copied to Clipboard! |
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