Author Topic: Mega millions $1.6BB (Read 67230 times)

justaregularguy · « **Reply #340 on:** October 28, 2018, 01:13:02 AM »

Quote from: CS1 on October 25, 2018, 10:11:45 AM

it's only a guaranteed win if you buy all 302 million combinations. (Costs $604 million.)

its still not a Guarantee bc you’ll buy 302.5 million lotto tickets and some other guy will also win with you and now you have to split it-maybe even more than one way.. so whys it worth to spend that?

Jellybelly · « **Reply #341 on:** October 28, 2018, 02:35:11 PM »

Did anyone win the powerball yet?

shapsam · « **Reply #342 on:** October 28, 2018, 02:37:14 PM »

Quote from: Jellybelly on October 28, 2018, 02:35:11 PM

Did anyone win the powerball yet?

Yes, 2 people.

TimT · « **Reply #343 on:** October 28, 2018, 03:17:10 PM »

One was in New York

CS1 · « **Reply #344 on:** October 28, 2018, 07:53:00 PM »

Quote from: justaregularguy on October 28, 2018, 01:13:02 AM

its still not a Guarantee bc you’ll buy 302.5 million lotto tickets and some other guy will also win with you and now you have to split it-maybe even more than one way.. so whys it worth to spend that?

correct. it is only a guaranteed win, ....however it is definitely not worth the payout if there is even a chance at another 1-2 winners....

shapsam · « **Reply #345 on:** March 05, 2019, 03:43:55 AM »

https://twitter.com/DianneG/status/1102690741057392641

Winner took the cash option of nearly $878,000,000

justaregularguy · « **Reply #346 on:** March 05, 2019, 08:36:37 PM »

Quote from: shapsam on March 05, 2019, 03:43:55 AM

https://twitter.com/DianneG/status/1102690741057392641

Winner took the cash option of nearly $878,000,000

what does the store owner get from it?

MrKaplan · « **Reply #347 on:** March 05, 2019, 08:43:34 PM »

Quote from: justaregularguy on March 05, 2019, 08:36:37 PM

what does the store owner get from it?

$50k

mercaz1 · « **Reply #348 on:** March 06, 2019, 10:49:16 AM »

the state budgeted $61 million for next year based on this ticket
they were getting nervous that it wasn't going to get claimed

shaulyaakov · « **Reply #349 on:** March 06, 2019, 12:13:16 PM »

According to news reports, the person is represented by Jason Kurland, lottery lawyer out of Queens. Luckily SC allows winners to remain anonymous.

farmbochur · « **Reply #350 on:** November 07, 2022, 07:17:00 PM »

Quote from: farmbochur on October 21, 2018, 05:25:22 PM

just under 3.45% by my calculation

Thanks to the fed's recent moves, the IRR on the annuity payout has improved to 4.43%.

AsherO · « **Reply #351 on:** November 07, 2022, 07:23:39 PM »

Quote from: farmbochur on November 07, 2022, 07:17:00 PM

Thanks to the fed's recent moves, the IRR on the annuity payout has improved to 4.43%.

It’s arguably better to have capital when interest rates are high and lending is tight, but probably not if you suddenly came into a lot of money and are clueless about retaining/growing it.