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To: Flyer

The cash option number is AFTER taxes...


27 posted on 02/19/2006 5:11:53 AM PST by Eighth Street (Who do you hate more? Muslims who want to kill you or the Libs who want to sell you out to them?)
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To: Eighth Street


"The cash option number is AFTER taxes..."

No it is not.


35 posted on 02/19/2006 5:30:16 AM PST by SVTCobra03 (You can never have enough friends, horsepower or ammunition.)
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To: Eighth Street

The jackpot is always overstated by roughly double it's true value. It's $177 million less taxes if you take it now.

If you allow them to keep it and invest it and pay you an annual amount like a mortgage, then the total payments over 30 years add up to $365 million.

I think it's false advertising.

I wonder how many people would play if they knew there odds were less than 1:150 million of winning a jackpot that was probably worth $90 million after taxes instead of $365 million.


44 posted on 02/19/2006 6:02:14 AM PST by DannyTN
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