Quote:
Originally Posted by stevej37
Friday's billion dollar winner was from Novi, Michigan.
The taxes (state and fed) add up to $305 million.
If he takes the winnings in one check...that leaves $434 million in his pocket.
If he takes it over 30 years as an annuity...he will gain about $200 million.
$2 for the ticket...I hope he spends it well. 
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That'd be tough. I think I'd prefer to get it all now and invest. But as stated, either way assuming the remainder can be inherited if you die before the 30 years is up, you can't really choose incorrectly.
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Steve
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SOLD 2004 - gone but not forgotten