I dont get why people even bother playing these lotteries... $1 billion? yeah right... its like 90% gonna go to taxes lol. And then you gotta think about how much of that "lump sum" is really left after all the deductions... it's crazy how quickly it adds up. And let's be real, who can afford to live on $21 million a year?
Ugh man I cant even believe ppl are still playing this game it's just a waste of money . But at the same time id be lying if i said i didnt check my numbers every week . The thought of having that kinda cash is pretty enticing tho $291 million after tax is still life changing tho . I wonder if they'll even have to pay inheritance tax on that amount? and what about state taxes? this is getting complicated . Maybe the winner will just invest it all in a trust or something .
I feel like that's what they call 'life lessons in large sums'. Think about it, $1 billion might seem like a dream come true, but the reality is you'll be left with a pretty penny after taxes . The thing is, it makes me wonder, are we really better off when life gives us a massive windfall? Or would $291 million still bring significant stress and anxiety? Perhaps the real prize was having to work hard for it in the first place
I don't know how people deal with that kind of money ... I mean, $291 million is still a life-changing amount, but it's like, almost half what they could've gotten at first . And the annualized payments are gonna be brutal too . I'm not sure if anyone should even bother playing the lottery anymore, tbh...
I'm not sure why ppl think takin' that lump sum is a good idea lol like, yeah u win $461 million but then u gotta give 24% of it to the gov and who knows what ur federal marginal rate is gonna be like? I mean, I guess it's better than nothin', but can't say I'd take that kinda stress just to get a bigger check . And honestly, annualized payments seem way more manageable... u gotta live on $33 million for 30 years or somethin' . Maybe ppl r thinkin bout investin that money and makin it last longer? idk