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Posted: 1/22/2021 5:38:34 PM EDT
[#1]
Lol @ 25%. More like 37%.
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Posted: 1/22/2021 5:39:46 PM EDT
[#2]
I can't answer your specific questions OP but I can tell you this much... I already have my tickets and if I win, I fully intend to become the George Soros of conservatives. I'm gonna buy the finest politicians money can buy!
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Posted: 1/22/2021 5:40:17 PM EDT
[#3]
Only $739 million cash? Almost not even worth playing...
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Posted: 1/22/2021 5:40:57 PM EDT
[#4]
Quote HistoryQuoted: I can't answer your specific questions OP but I can tell you this much... I already have my tickets and if I win, I fully intend to become the George Soros of conservatives. I'm gonna buy the finest politicians money can buy! Due to inflation, half a billion doesn't go very far these days. You'll have to sit on it until you can become a multi billionaire like all the other elites. |
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Posted: 1/22/2021 5:40:57 PM EDT
[#5]
Gotta be in it to win it.
When I win it, I’ll host arfcom |
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Posted: 1/22/2021 5:41:28 PM EDT
[#6]
Quoted: Let's say that you actually won the Mega Millions jackpot. It's $1 BILLION dollars. Except that's for the annuity option. If you take the lump sum pay out it's only a measly $739.6 million dollars. I mean after taxes that's only a shade over a half billion dollars. In Oklahoma, at 4% withholding, and with the Federal withholding of 25%, that's like a paltry $525 million. If you invested every single penny, and didn't spend any of it on anything, how long would it take to increase that to a full billion? And what types of investment would bring the fastest increase to 1 billion?  Attached File |
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Posted: 1/22/2021 5:41:30 PM EDT
[#7]
Quote HistoryQuoted: Only $739 million cash? Almost not even worth playing... I have more than that rolling around the floorboards of my truck |
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Posted: 1/22/2021 5:41:47 PM EDT
[#8]
Damn, I might need to do a road trip to Idaho to buy tickets.
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Posted: 1/22/2021 5:41:59 PM EDT
[#9]
you can play with this
FV = Future value of money PV = Present value of money i = interest rate n = number of compounding periods per year t = number of years Based on these variables, the formula for TVM is: FV = PV x [ 1 + (i / n) ] (n x t) |
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Posted: 1/22/2021 5:42:05 PM EDT
[#10]
Quote HistoryQuoted: Gotta be in it to win it. When I win it, I’ll host arfcom What, you mean like host a party for Arfcom? What would we do? sit around the basement eating Cheetos and surfing the BOTD forum? |
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Posted: 1/22/2021 5:42:10 PM EDT
[#11]
Quote HistoryQuoted: I can't answer your specific questions OP but I can tell you this much... I already have my tickets and if I win, I fully intend to become the George Soros of conservatives. I'm gonna buy the finest politicians money can buy! You’re not buying politicians with half a billion |
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Posted: 1/22/2021 5:42:12 PM EDT
[#12]
Fastest way is to go buy $500 million in ammo and import it. Double your money after a couple of gunshows
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Posted: 1/22/2021 5:43:37 PM EDT
[#13]
Quote HistoryQuoted: you can play with this FV = Future value of money PV = Present value of money i = interest rate n = number of compounding periods per year t = number of years Based on these variables, the formula for TVM is: FV = PV x [ 1 + (i / n) ] (n x t) Sure, but what specific investment strategy? The formulas are easy. But what's the investment strategy to get there? |
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Posted: 1/22/2021 5:43:44 PM EDT
[#14]
Quote HistoryQuoted: you can play with this FV = Future value of money PV = Present value of money i = interest rate n = number of compounding periods per year t = number of years Based on these variables, the formula for TVM is: FV = PV x [ 1 + (i / n) ] (n x t) No!!! Put that away don't let the non finance people see that!! We'll lose our phoney baloney jobs!! 
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Posted: 1/22/2021 5:44:13 PM EDT
[#15]
Quote HistoryQuoted: Sure, but what specific investment strategy? The formulas are easy. But what's the investment strategy to get there? Standard hookers and blow. Onion futures are also an option. |
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Posted: 1/22/2021 5:45:04 PM EDT
[#16]
Quote HistoryQuoted: Only $739 million cash? Almost not even worth playing... It is absolutely not "worth" playing. |
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Posted: 1/22/2021 5:45:08 PM EDT
[#17]
If I won 500 million, I wouldnt give 2 fucks about investing shit... thats more money than I would spend in 10 lifetimes
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Posted: 1/22/2021 5:47:53 PM EDT
[#18]
I’d mail $1000 to everyone on earth. Think of all the good you could do
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Posted: 1/22/2021 5:48:07 PM EDT
[#19]
We spent a lot of time at work bs'ing about the Powerball, so one of the engineering types built a computer simulation program. We picked five numbers and a powerball, and started it spinning. At the end of the day it had done 42 years worth of draws...and we hadn't hit.
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Posted: 1/22/2021 5:53:11 PM EDT
[#20]
Quote HistoryQuoted: I can't answer your specific questions OP but I can tell you this much... I already have my tickets and if I win, I fully intend to become the George Soros of conservatives. I'm gonna buy the finest politicians money can buy! Buy Epstein's Sex Fiend Island. Invite "friendly liberal" politicians for "fun weekends". then use the footage to Black Mail the ever living shit of them ... |
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Posted: 1/22/2021 5:53:21 PM EDT
[#21]
I dont understand how they can take that much for a lump sum?
What is the reason for them not giving 1 billion lump sum? |
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Posted: 1/22/2021 5:55:08 PM EDT
[#22]
I bought 2 tickets so yall can give up I have a lock on that cash
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Posted: 1/22/2021 5:56:15 PM EDT
[#23]
Quote HistoryQuoted: Sure, but what specific investment strategy? The formulas are easy. But what's the investment strategy to get there? Quote HistoryQuoted: Quoted: you can play with this FV = Future value of money PV = Present value of money i = interest rate n = number of compounding periods per year t = number of years Based on these variables, the formula for TVM is: FV = PV x [ 1 + (i / n) ] (n x t) Sure, but what specific investment strategy? The formulas are easy. But what's the investment strategy to get there? ^ How risk-averse are you? T-Bills risk?, penny stock risk? C'mon man......save some for the big guy |
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Posted: 1/22/2021 5:56:47 PM EDT
[#24]
Rule of 72
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Posted: 1/22/2021 5:57:24 PM EDT
[#25]
Gamestop calls will make you trillions.
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Posted: 1/22/2021 5:58:31 PM EDT
[#26]
The rule of 72 is your friend.
Edit. Yep. A little slow on the draw. ?? |
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Posted: 1/22/2021 5:59:29 PM EDT
[#27]
Quote HistoryQuoted: Gamestop calls will make you trillions. ^ LOL fly back from Columbia, cut out the middle man. wait, this was already movie.... |
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Posted: 1/22/2021 5:59:31 PM EDT
[#28]
Take 500 million and put it on red.
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Posted: 1/22/2021 6:00:29 PM EDT
[#29]
If I win, I'll throw some your way, so let's make this happen!
Someone send me a ticket. |
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Posted: 1/22/2021 6:00:42 PM EDT
[#30]
A lot of people don’t know that if you take the annuity, if you die, your heirs don’t get whatever is left of the annuity. Take the lump sum and live it up like MC Hammer
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Posted: 1/22/2021 6:01:28 PM EDT
[#31]
Quote HistoryQuoted: I can't answer your specific questions OP but I can tell you this much... I already have my tickets and if I win, I fully intend to become the George Soros of conservatives. I'm gonna buy the finest politicians money can buy! |
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Posted: 1/22/2021 6:01:58 PM EDT
[#32]
Quote HistoryQuoted: I’d mail $1000 to everyone on earth. Think of all the good you could do Math, it's hard. |
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Posted: 1/22/2021 6:02:44 PM EDT
[#33]
If I had even $100M I wouldn't give a shit about turning it into $101M.
I'd take care of family, close friends, some close to home charitable things, and become a ghost with the $50M or so left. |
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Posted: 1/22/2021 6:04:07 PM EDT
[#34]
Quote HistoryQuoted: Math, it's hard. Quote HistoryQuoted: Quoted: I’d mail $1000 to everyone on earth. Think of all the good you could do Math, it's hard. doing the right thing can be hard but why not spread out the good fortune |
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Posted: 1/22/2021 6:04:08 PM EDT
[#35]
That’d buy me a big chunk of farmland in Missouri or somewhere out West. I’d be done with VA and the East Coast.
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Posted: 1/22/2021 6:06:49 PM EDT
[#36]
Quote HistoryQuoted: It is absolutely not "worth" playing. Quote HistoryQuoted: Quoted: Only $739 million cash? Almost not even worth playing... It is absolutely not "worth" playing. |
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Posted: 1/22/2021 6:08:50 PM EDT
[#37]
I'll probably buy $10 worth of tickets even though I'll feel stupid doing it.
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Posted: 1/22/2021 6:09:08 PM EDT
[#38]
I think the Billion lottery is CA only now.
Also, if I won, I’d send $10mil to Pakistan for gender studies. |
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Posted: 1/22/2021 6:09:46 PM EDT
[#39]
Invest in Fidelity and Vanguard mutual funds. Probably buy some Treasury Notes. Buy collectable firearms, cars, motorcycles and U.S. Gold Coins.
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Posted: 1/22/2021 6:10:09 PM EDT
[#40]
Quote HistoryQuoted: Sure, but what specific investment strategy? The formulas are easy. But what's the investment strategy to get there? Quote HistoryQuoted: Quoted: you can play with this FV = Future value of money PV = Present value of money i = interest rate n = number of compounding periods per year t = number of years Based on these variables, the formula for TVM is: FV = PV x [ 1 + (i / n) ] (n x t) Sure, but what specific investment strategy? The formulas are easy. But what's the investment strategy to get there? |
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Posted: 1/22/2021 6:10:30 PM EDT
[#41]
Quote HistoryQuoted: If I won 500 million, I wouldnt give 2 fucks about investing shit... thats more money than I would spend in 10 lifetimes You need to expand your imagination. |
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Posted: 1/22/2021 6:11:27 PM EDT
[#42]
Quote HistoryQuoted: I think the Billion lottery is CA only now. Also, if I won, I’d send $10mil to Pakistan for gender studies. 
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Posted: 1/22/2021 6:12:10 PM EDT
[#43]
Quote HistoryQuoted: I'll probably buy $10 worth of tickets even though I'll feel stupid doing it. First time for me today. Felt stupid. Laughed at myself while doing it. |
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Posted: 1/22/2021 6:12:18 PM EDT
[#44]
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Posted: 1/22/2021 6:12:24 PM EDT
[#45]
$739 Million? Pocket change.
I'd have to keep working |
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Posted: 1/22/2021 6:13:43 PM EDT
[#46]
Properly invested it would double every 7-8 years.
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Posted: 1/22/2021 6:14:13 PM EDT
[#47]
i wouldnt be able to quit my day job, that's for sure. I bought 5
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Posted: 1/22/2021 6:14:51 PM EDT
[#48]
Quote HistoryQuoted: You need to expand your imagination. Ive tried to get creative with what Id spend that kinda money on... Im not very good at it.. Im used to being da poor.. |
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Posted: 1/22/2021 6:15:26 PM EDT
[#49]
Quote HistoryQuoted: It is absolutely not "worth" playing. Until you are the luckiest man/woman on earth and win it
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Posted: 1/22/2021 6:15:47 PM EDT
[#50]
Jackpot x .6 x .6 gives you a close estimate.
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