LuminoZero
LuminoZero t1_jb5u32s wrote
Reply to comment by BizzyM in Boeing employee bought lottery ticket because it was at $747M, a nod to the aircraft. She won the jackpot. by ChickenXing
People do not understand money.
Lowest Powerball/Mega jackpot is 20 million. After taxes and everything that is a take home of about 8 million.
Put that in a safe but low return investment, like Federal Bonds, and you could probably manage 3% interest annually.
I don’t know about you, but I could live a VERY comfortable life on 240k a year.
LuminoZero t1_jb65lre wrote
Reply to comment by mortryn in Boeing employee bought lottery ticket because it was at $747M, a nod to the aircraft. She won the jackpot. by ChickenXing
$20 million listed jackpot. 40% taken off for the lump sum brings us to 12 million. Approximately 1/3 from federal and state taxes brings you to 8 million.
Thanks for playing!