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Old 01-13-2007, 01:00 AM
TheGrifter TheGrifter is offline
Senior Member
 
Join Date: Dec 2003
Posts: 2,389
Default Re: beat: $315m powerball winner now broke

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Whittaker won a nearly $315 million on Christmas 2002 [...] He took his winnings in a lump sum of $113 million after taxes.

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Jee-sus, the IRS are definitely the biggest crooks in this country.

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lol presentvalueoffuturemoneyaments

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ALWAYS take the annuity option and not the lump sum payout when you buy a ticket. ALWAYS ALWAYS ALWAYS.

I'll be very impressed if anyone can tell me why I'm correct. There is a very good reason and it isn't what you think.

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Dee dee dee...you can sell your annuity to investors and get a better lump sum.
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