Off Topic Cafe If it doesn't belong in any of the other forums. Post all Off Topic stuff here.

Powerball jackpot at $400 million

Thread Tools
 
Old Jan 4, 2016 | 05:08 PM
  #1  
PWRSHARK's Avatar
Thread Starter
Member
 
Joined: Jan 2002
Posts: 46
Likes: 0
From: Hampton, VA
Vehicle: 99 tiburon
Default Powerball jackpot at $400 million

Go for it! You know you've got $2 burning a hole in your pocket.
Reply
Old Jan 4, 2016 | 05:28 PM
  #2  
i8acobra's Avatar
Super Moderator
 
Joined: Dec 2002
Posts: 5,735
Likes: 3
From: Vegas, Baby, Vegas!!!
Vehicle: '14 Ford F-150
Default

Nope. Not even worth $2.
Reply
Old Jan 4, 2016 | 06:22 PM
  #3  
Stocker's Avatar
Super Moderator
 
Joined: Sep 2001
Posts: 10,795
Likes: 5
From: Pflugerville, TX
Vehicle: 2000 Elantra
Default

False. It is 100% worth $2 if you are so bad at math you think you might win the lottery.
Reply
Old Jan 6, 2016 | 09:55 AM
  #4  
Tibbi's Avatar
Senior Member
 
Joined: Mar 2008
Posts: 4,185
Likes: 0
From: Atlanta, GA
Vehicle: MC + RD2 + AW11 + 944 = 4x Win
Default

Meh, if I spend $2 on a ticket that's a mental vacation. For the next 24 hours I own a deserted island, a vast car collection and any number of other totally illogical and irrelevant things, completely without worth or meaning. It's the cheapest stress reliever that exists.



At least that's my $2
Reply
Old Jan 9, 2016 | 05:00 PM
  #5  
gevster's Avatar
Member
 
Joined: May 2005
Posts: 51
Likes: 0
From: Memphis
Vehicle: 2011 Elantra
Default

$900 million now! If no one wins, it will go to 1.3 billion! I played $10 worth. It's worth dropping that money for some enjoyable thoughts on what I would do if I won it all.
Reply
Old Jan 10, 2016 | 11:41 AM
  #6  
Visionz's Avatar
Administrator
 
Joined: May 2001
Posts: 23,226
Likes: 9
From: Upstate NY
Vehicle: 2010 Genesis 2.0T
Default

Nobody won...$1.3 BILLION now!



Reply
Old Jan 10, 2016 | 07:25 PM
  #7  
i8acobra's Avatar
Super Moderator
 
Joined: Dec 2002
Posts: 5,735
Likes: 3
From: Vegas, Baby, Vegas!!!
Vehicle: '14 Ford F-150
Default

Newest estimate is $1.5B. Still not buying any tickets.
Reply
Old Jan 10, 2016 | 07:51 PM
  #8  
Stocker's Avatar
Super Moderator
 
Joined: Sep 2001
Posts: 10,795
Likes: 5
From: Pflugerville, TX
Vehicle: 2000 Elantra
Default

I'm even good at math, and I'm buying a ticket. *some*body is going to win this time, probably. I'd at least like to be in the pool on this. I've never bought in when it was
Reply
Old Jan 11, 2016 | 05:56 AM
  #9  
Visionz's Avatar
Administrator
 
Joined: May 2001
Posts: 23,226
Likes: 9
From: Upstate NY
Vehicle: 2010 Genesis 2.0T
Default

If you want to know how much you would get in either one lump sum or by doing the 30 year payout....check it out here:



https://www.usamega.com/powerball-jackpot.asp



With me being in NY, my lump sum would be over $533 million



If I were to do the annuity, in the end it would be $860 million with an average per year paycheck of around $28 million



If it were me, I would do the annuity. Less taxes to Uncle Same, and there's no reason why I would need that much money in a lump sum all at once. The 1st couple of years alone would be enough for me to take care of friends and family, buy a couple of nice houses and some toys, and take a few vacations with money left over to last me for a very long time. The rest would just a bonus that would go into smart investments so I could just live off the interest if needed.
Reply
Old Jan 11, 2016 | 07:26 AM
  #10  
Tibbi's Avatar
Senior Member
 
Joined: Mar 2008
Posts: 4,185
Likes: 0
From: Atlanta, GA
Vehicle: MC + RD2 + AW11 + 944 = 4x Win
Default

[media]http://www.youtube.com/watch?v=IvE84AGMWpE[/media]
Reply



All times are GMT -6. The time now is 05:44 AM.