Quote:
Originally Posted by woj
You don't get "half", you get whatever the current market price of 30 years of payments is... it depends on numerous factors including current interest rates etc...
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I'm trying to keep it simple, but most of the time it's close to half. For example this week's jackpot is $34 million the lump sum payout is $16.5 mil. Close enough to HALF in my book. I mean unless you want to quibble between 48.5% and 50%. Now STFU already
In case you need proof
http://powerball.com/