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Old October 22nd 05, 12:35 PM
UltraJohn
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Default $340 Million Powerball

Chris wrote:


"David Dyer-Bennet" wrote in message
potentially (very low probability) gain a great deal -- clearly a
rational decision.

Except that you wont win $340m by the time the deductions are made.


Yes Chris but in my state if the lottery hit $340 million your take if done
on installments would be about 8.8 million after taxes and yes the
government is getting a huge part of it especially since basically they're
paying you the interest off of it. But hey I think I can find something
constructive (and yes blow some)to do with 8.8 million.
Our lottery works out to you get about $26K per million jackpot and is
currently at $108 million (at least before last nights drawing).
John