Mega Millions WWYD Options

[BlackCelicaGT94]

Hey, Washingtonians (and Oregonians, if you have Mega Millions or just want to play anyway)...

Feel free to pipe in whether you live in the NW or not

Quote:
The Mega Millions jackpot has risen to $355 million for Tuesday night's drawing.

The prize has been growing since January 12. Washington is one of 12 states in the Mega Millions game.

A winner on Tuesday would have two choices - $152 million in a lump sum or payments of nearly $10 million a year for 25 years, after taxes.


What would you do if you won Mega Millions? Lump sum, or the payments? What'd be your first major purchase that is completely indulgent, selfish and fun?


Id take lump sum cuz im impatient and I want it all now. So with 152 million my first major purchase would be to probably get myself a house and furnish it. Then id buy my parents a house.

[Negative]

Payments - I think I can limit myself to spending 10million a year LOL.

I would pay off my car and house. Then I would buy a IS-300 for DD and get extremely sick with the mods on my Celica.

[FreddyTheOthaMea...]

Id buy a 500 acre plot of land for my families compound to be build on, a buncha houses on said compound and import a gtfour for me to tear down and rebuild.. then invest the rest in property

[Slick]

Don't get me started!

[playr158]

lump sum = retarded choice

but payments would be my choice

pay off my parents place and my grandparents places
put 50% of it into the bank to accrue interest and make me money
give my sister 10%
pay off my debt
finish my celica
invest in some land + a house for myself and the GF
start a hot rod project

and yea i'd probably go buy an exotic for ****s and giggles

This post has been edited by playr158: Mar 6, 2007 - 4:17 PM

[Negative]

and yea i'd probably go buy an exotic for ****s and giggles

Nice choices but I gotta know what the **** was LOL.

[jayi12-15psi]

5 hookers, a yacht, and a case of natty

[Supersprynt]

Quarter billion dollars, kid still gets natty ice. LOL!!!

1 word: Hawaii.

[jayi12-15psi]

hey, I didn't say ice, and I meant natty light

[Supersprynt]

Sorry. Natty Ice, no no no, i won the lottery, make it a natty light.

This post has been edited by Supersprynt: Mar 6, 2007 - 4:51 PM

[BlackCelicaGT94]

whats natty?

[Jen]

whats natty?

some of the nastiest beer ever.

[jayi12-15psi]

YOU SHUT YOUR MOUTH!!!

[spolski07]

id but a viper for a DD
or a mines GTR

then also buy a zonda and make it legal here...

o and i forgot...
id totally pwn a imported GT- FOUR...
it would be fun to watch

This post has been edited by spolski07: Mar 6, 2007 - 9:35 PM

[Supersprynt]

Natty ice might be the cheapest beer on the planet. Its a college staple. That and the Beast!

[rayneezy23]

I'll give it all to charity

[uberschall]

YOU SHUT YOUR MOUTH!!!

my roommate is sooo pissed i woke him up with how loud i laughed at that.

[jayi12-15psi]

I am an expert at fine cheap beers, and if you want cheap ****ty beer... the answer is hamms

what's a mines gtr?

[95CelicaST]

I went out and bought a 1$ scratch ticket, and won 5 bucks. I was feeling lucky, so I bought 6 mega millions tickets. I'd get me a Lotus Exige and source a dry carbon kit for it.

[playr158]

Natty ice might be the cheapest beer on the planet. Its a college staple. That and the Beast!

hrmmm i always managed Yinling, and other sorts of decent beer + liquor....but then again i live in FFX county

[Gatz]

if your gonna go for a cheap beer hopefully some other md people can back me up on the natty boh... never gonna beat 5 bucks for a 12

looks like no one won... think its 470 mil for the 9th

This post has been edited by Gatz: Mar 7, 2007 - 12:16 AM

[NgoFcukinWay]

I'd take the payments.

Pick me up a mansion with a 30 car garage. Ship over a Bugatti Veyron with its 0MPG greedy ass, then get a Koeniggsigg CCX with the added "Top Gear" rear wing. Then grab 4 MK3 Supras each with a 7M-GTE, a 1JZ-GTE, a 2JZ-GTE, or a 1G-GTE and call that stable "The Four Supras of the Apocolypse."

After that, I'd give a cool million to my gf's dad to put it towards stocks and stuff since he's a financial aid and stock broker. And the rest goes into the bank in some way that interest is accumulated to make my moniez grow.

Lotta things to do with that much money.....too bad I only got one number out of all that.

[neKronos]

Lump sum. Swiss bank account and let 99% of my winnings collect interest for several years, live the simple life in Germany drinking amazing beer not no ****ty piss beer aka majority of US major brews, and drive the autobahn.

Mega Millions jackpots are paid either over 26 years or a single lump sum payment, called Cash Option.

When someone wins the jackpot, jackpot prize pool is invested in U.S. Treasury bonds to secure an annual payment stream called an annuity.

The jackpot prize pool, roughly half the advertised jackpot amount, is comprised of 31.8% of all of the sales leading up to a particular drawing. The rest of each sales dollar pays for non-jackpot prizes, commissions to retailers, overhead and profits to beneficiary programs.

If a jackpot winner chooses Cash Option, the U.S. Treasury bonds are sold. The winner receives all proceeds of this sale, roughly half of the advertised annuitized jackpot. Winners make this choice when they claim their jackpot prize. Winnings are taxable under either payment method.

Some states simply hold onto the cash in anticipation of their winner requesting cash, rather than buying and subsequently selling bonds. If their winner chooses the annuity, that lottery must cover any shortfall in purchasing the bonds to create the annuity payments.

"If you Win?
If you select the annuity option, which provides annual payments over a 26 year period, for every million dollars won, you will receive approximately $38,500 per year before taxes. You also have the option of a one-time, lump sum payment."

So current advertised jackpot 370 million divided by 2("roughly half") for 185 million subract the taxes (25% Fed, 3.9% State, this is for michigan tho) 46.25 million Fed, 7.125 State.

So 185(Winnings)-46.26(Fed Tax)-7.125(State Tax)=141.615 Million in hand.

[celi_gt_racer]

mmmmmm.... natty light
sry.. had 2 chime in

[neKronos]

natty is piss water

[jayi12-15psi]

YOU SHUT YOUR MOUTH!!!

[Slick]

I would buy tuffy's GT4!

[spolski07]

I would buy tuffy's GT4!

id buy a zonda and kill tufy's gt-four

[devilsden97]

id take 80million for myself. and give the rest to random charitys

(i figure 1milion a year for the rest of my life would set me up pretty good....)

[tufy]

I would buy tuffy's GT4!

id buy a zonda and kill tufy's gt-four

how much would you pay for my car slick

if i won lottery i would make my car fast that zonda cannot pass me
i will do it anyway as soon as i finish my home
ps. i doubt zonda can pass me with a 3.5 -60 mile time.

This post has been edited by tufy: Mar 9, 2007 - 3:21 AM

[spolski07]

I would buy tuffy's GT4!

id buy a zonda and kill tufy's gt-four

how much would you pay for my car slick

if i won lottery i would make my car fast that zonda cannot pass me
i will do it anyway as soon as i finish my home
ps. i doubt zonda can pass me with a 3.5 -60 mile time.

if i had 10 million dollars a year id make sure my zonda could not be beat by anything
period
nothing street legal would be able to keep up

[Nate]

I would buy tuffy's GT4!

id buy a zonda and kill tufy's gt-four

how much would you pay for my car slick

if i won lottery i would make my car fast that zonda cannot pass me
i will do it anyway as soon as i finish my home
ps. i doubt zonda can pass me with a 3.5 -60 mile time.

if i had 10 million dollars a year id make sure my zonda could not be beat by anything
period
nothing street legal would be able to keep up

save some time and/or money and just buy the barabus tkr
http://www.leftlanenews.com/barabus-tkr-ta...astest-car.html

*for showing you this, if anyone of you win, you owe me a black gt-4

[Negative]

Screw that - just bribe a govt official so we can all buy them legally

[spolski07]

i still would take a zonda
or a koenigsegg SSX
those things are sex
DEF. NOT a celica though...
maybe a supra if it was a AB FLUG but it would be my daily beater
i have a supercar for every day of the week

[NgoFcukinWay]

Why not a supercar for everyday of the month?