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Want to hear.something crazy? If I drove over to the U.S and purchased such a ticket and won, I would get $600M due to the cross border gabling agreement we have with the U.S.Lets see here...cut it in half for taking the cash option...$600 million.
Cut it in half again for taxes...$300 million.
Who the hell would even bother with a measly 300 million? Ain't worth my time.
I would get $600M due to the cross border gabling agreement we have with the U.S.
Nope. No taxes.on lottery wnnings here,.though.we are also offeredthe lump sum option.You wouldn't be taxed on it?
Nope. No taxes.on lottery wnnings here
Trust me,. they would never allow me.to win suchnmoney. The U.S.might, but not my country. They'd make up some bs clause to exclude me from winning.Well...well...well...fuck you
A tax on the dumb.Biggest winner is always the government.
Lotteries are a tax on the poor.
Yes, it is true there is massive overlay in this instance with a jackpot so high. Forget the other nunbers and focus on this only: "300,000,000 - 1"The odds of winning are about 300,000,000:1.
If the jack-pot is $1,200,000,000, then your expected return is $4 for every $1 spent. So your expected outcome for buying $1 in tickets is $4. That's what I learned in Finance 101.
If you could - and someone eventually will - you should buy $300,000,000 of every single ticket outcome to ensure you will win $1,200,000,000.
Can you imagine winning & receiving 18 million letters/emails/phone calls from blacks screaming GIMME FREE MONEY?
And then there are family members...friends...that 18th cousin on your dads side...
That's why almost all lottery winners keep themselves anonymous.
I would give half to the IRS
The other half to the MRS
Just buy a new MRS.I would give half to the IRS
The other half to the MRS
Since it cost $2 a chance at $1.4 billion the expected outcome is only $2.39 for every dollar spent.The odds of winning are about 300,000,000:1.
If the jack-pot is $1,200,000,000, then your expected return is $4 for every $1 spent. So your expected outcome for buying $1 in tickets is $4. That's what I learned in Finance 101.
If you could - and someone eventually will - you should buy $300,000,000 of every single ticket outcome to ensure you will win $1,200,000,000.