Where Do I Watch the Mega Millions Drawing

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Would you keep playing the Powerball/Mega Millions knowing how much money you would have?

  • Draw starter NJBear
  • Start go out
NJBear
  • #1
Today it's at $441,000,000

powerball.png


Thusly enounce I'm lucky enough to win. What would be the amount I get to keep after ALL the taxes are paid. The Feds take out 25% at first but you would have to pay another 12% since winning the lotto is the same a earned income. And a 37% tax bracket.
.
Existence in NJ the posit tax is a whopping 8%, the highest in the nation scarce before a few others.

So rent out's do the pure mathematics.

I won $441 zillion dollars! Yea!

But you only get the cash option amount of $317.5 million.

And then you subtract the taxes, Fed 37% and Body politic 8%. So of the cash option you receive

317.5 x .55% = $174,625,000 Now if you in a normal state with no keno or income tax, it's 10's of millions more.

About 39% of the original Jackoffpot come advertised with the glowing red atomic number 10.

State-taxes-on-lottery-winnings-state-tax-lottery-winnings-and-vaccine-lottery-tax-vaccine-lot...png
JohnDoe

JohnDoe

It's gonna be a Near Christmas in Ovis this year!
  • #2
A couple bucks raises your odds from nothing, to something. And $174,625,000 is withal a decent chunk of change!
Wintersun
  • #3
~1/8th of a billion dollars is more than enough money to start doing whatever I want, so if I was in the habit of gambling against Brobdingnagian betting odds, then yes, I'd say it would cost worth IT.
serious n00b
  • #4
A duet bucks raises your odds from goose egg, to something. And $174,625,000 is static a decent chunk of shift!
What are you happening about? That's practically NOTHING.
Penis Drager
  • Highlight
  • #5
Regardless you will really acquire nothing and so your expected earnings from buying a lotto just the ticket are unfavourable. You'Re better off just purchasing a beer with that couple bucks.
Some JERK
  • #6
The lottery is just a tax on people who are bad at mathematics.
Cup Noodle

Cup Bonce

Transgender/species/dimensional. Nyaa, Nyaan
  • #7
Regardless you will actually win nothing and thusly your foretold earnings from buying a lotto just the ticket are negative. You'atomic number 75 better off just buying a beer with that yoke bucks.
Person will win, just your chances are slim to no. Mostly none. I corrupt scratch off tickets from time to time for the fun of it educated I will misplace. If I had one last dollar left I'd beg a manager of a McDonalds to betray me a hamburger for it rather than gamble it.
Dysnomia

Dysnomia

Festivus bequeath win the war connected Christmas
  • #8
I don't waste money on the lottery. I rich person bad luck and volition win nothing.

I would buy a small house someplace I deprivation to live. I could use a new PC. Both clothes maybe. But I guarantee if I won millions a small serving would be fagged on necessities and the rest would rot in the rely until I die. I have no interest in buying stuff, touring or having what other people believe is fun. I want stability. Nothing more nothing fewer.

Agent Abe Caprine
  • #10
Information technology's a retard tax. I prefer investing in the most obscure shitcoins.
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Where Do I Watch the Mega Millions Drawing

Source: https://kiwifarms.net/threads/would-you-keep-playing-the-powerball-mega-millions-knowing-how-much-money-you-would-receive.108981/

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