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Old 01-12-2007, 04:55 PM
DING-DONG YO DING-DONG YO is offline
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Join Date: Feb 2006
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Default Re: beat: $315m powerball winner now broke

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I'm pretty sure the PV value of 113m properly invested over the next 30 (or whatever the time frame is) years is >>>>> the present value of streams of cash flows that you would receive from the gov't, or a third party company taking over the cash flows.

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assuming of course that you're not a redneck retard that will piss it away, which unfortunately, is exactly what most lotto winners are.
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