Looking for a quick buck, or maybe more than you could ever spend? The mega millions lottery jackpot has risen to $740 million. If you match all the numbers correctly on tonight’s drawing, you have a huge decision to make. Do you spread the jackpot out over 30 yearly payments of about 25 million, 15 mill after taxes…or do you take a lump sum of half the prize, 366 million dollars. Now after taxes, that comes out to a paltry 230 million dollars. Hard to live on, I know. But, when I win, I’m taking the lump sum and guaranteed, one of my friends will say… you won $740 million and only took $230 million, what a sucker, you’re dumb. Maybe, but remember. I’ll have $230 million more dollars than they have, and they aint getting jack squat nothin’!
Now, the odds of winning are 1 in 302 million. Worse than the odds of getting struck by lightning 5 times in your life. Worse than being killed by a meteor, but much better than creating a perfect March Madness bracket.
For a buck, I’m taking that chance. The drawing is tonight, September 6th.
