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Old Crank

(6,215 posts)

13. I like the headline number of 1.7 billion

Reply to Omaha Steve (Original post)

Thu Sep 4, 2025, 12:44 PM

Sep 4

Is if you take the prize in 30 payments. Your first payment would be near 26 million before taxes.
If you don't handle money well it could be a good option and any residual after your debt is paid to your estate.

The payout as a lump sum is close to 800 million pretax. About 500 million after tax. A 4% return would give you pretax 20 million without touching principal.

I might be able to survive on that.

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Highlight:

Powerball jackpot jumps to $1.7 billion after another night without a big winner [View all] Omaha Steve Sep 4 OP

There goes my $2 investment BoRaGard Sep 4 #1

Thanks for the contribution EYESORE 9001 Sep 4 #2

Wow, time to buy another ticket. Emile Sep 4 #3

I've never spent one dollar on a lottery wolfie001 Sep 4 #4

The tickets cost $2 now. milestogo Sep 4 #9

The poor mans 401K.. LiberalArkie Sep 4 #12

Yes! wolfie001 Sep 4 #19

The Lottery is a tax... PCB66 Sep 4 #18

A whole lotta idiots dreaming the big payoff wolfie001 Sep 4 #20

Very true, but hope springs eternal. But I won $4 yesterday and lost $65,000 with the dot com and housing bubble LiberalArkie Sep 4 #22

I could buy a lot of negative Trump ads with that. Super Bowl even. twodogsbarking Sep 4 #5

I would pay and saturate the Arkansas elections to make sure we flipped LiberalArkie Sep 4 #11

I'll buy a few more again mdbl Sep 4 #6

Not enough to be interesting Renew Deal Sep 4 #7

Got my ticket this morning. Dulcinea Sep 4 #8

I bought a $10 Powerball ticket Monday LiberalArkie Sep 4 #10

I like the headline number of 1.7 billion Old Crank Sep 4 #13

Since I'm 68, I would set up a trust TexasBushwhacker Sep 4 #15

The good things I could do ... TexasBushwhacker Sep 4 #14

Just bought two tickets. Emile Sep 4 #16

That Might Buy One Senator Deep State Witch Sep 4 #17

Thinking about all the anti Trump billboard signs Emile Sep 4 #21