Welcome to the GoFuckYourself.com - Adult Webmaster Forum forums.

You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact us.

Post New Thread Reply

Register GFY Rules Calendar
Go Back   GoFuckYourself.com - Adult Webmaster Forum > >
Damn The Govt. Takes That Lottery Money Don't They? Damn The Govt. Takes That Lottery Money Don't They?
Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
Thread Tools
Old 08-09-2013, 06:33 PM   #51
PornoMonster
Confirmed User
 
Industry Role:
Join Date: Mar 2003
Posts: 2,257
Quote:
Originally Posted by Robbie View Post
Just saw one of the guys who won Powerball. He was holding up a check for over 148 MILLION DOLLARS.

Then the news guy said that after taxes he will have 53 million left.

Wow. The govt. is going to take almost 2/3 of the money. Wow.
Cash option is smaller because it isn't gaining interest for 20 years...
PornoMonster is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 08-09-2013, 06:35 PM   #52
PornoMonster
Confirmed User
 
Industry Role:
Join Date: Mar 2003
Posts: 2,257
Quote:
Originally Posted by SuckOnThis View Post
Vegas does the same thing. A lot of progressive jackpots on slot machines are paid in 20 - 25 year installments.
Even McDonald's 1 million Monopoly prize is paid out over 20 years now I think...
PornoMonster is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 08-09-2013, 06:37 PM   #53
Robbie
Leaner, Meaner, Faster
 
Robbie's Avatar
 
Industry Role:
Join Date: Aug 2002
Location: Vegas
Posts: 20,959
Quote:
Originally Posted by PornoMonster View Post
Even McDonald's 1 million Monopoly prize is paid out over 20 years now I think...
Well there goes that dream. lol
__________________
-Robbie
ClaudiaMarie.Com
Robbie is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 08-09-2013, 06:45 PM   #54
brassmonkey
Pay It Forward
 
brassmonkey's Avatar
 
Industry Role:
Join Date: Sep 2005
Location: Yo Mama House
Posts: 77,191
Quote:
Originally Posted by Robbie View Post
Just saw one of the guys who won Powerball. He was holding up a check for over 148 MILLION DOLLARS.

Then the news guy said that after taxes he will have 53 million left.

Wow. The govt. is going to take almost 2/3 of the money. Wow.
hell id take 5 mill
__________________
TRUMP 2025 KEKAW!!! - The Laken Riley Act Is Law!
DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com
brassmonkey is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 08-09-2013, 07:40 PM   #55
AmeliaG
Too lazy to set a custom title
 
AmeliaG's Avatar
 
Join Date: Jan 2003
Location: Los Angeles
Posts: 10,559
Quote:
Originally Posted by Eric View Post
I can make this answer easy and simple for you

$148,000,000 taken over 25 years vs 53,000,000 taken today

http://investor.gov/tools/calculator...est-calculator

Plug in the $53,000,000

Then put in 4.5% interest paid out 12 times, or once a month. This is the approx payout of a fund such as FCAVX that pays you State and Federally tax free. Yes, NO TAXES ON THE INTEREST GAINED.

Now run that out 25 years and you get:
$162,908,353.99

This fund is ULTRA conservative. So ALWAYS take the lump sum. Stay ULTRA conservative and have approx $2.5 Million Tax Free Income per year and NEVER touch your principle.

And now you know why these people ALL takes the lump sum when being advised by some of the best lawyers and accountants on the planet.
Great post
__________________
GFY Hall of Famer

AltStar Hall of Famer



Blue Blood's SpookyCash.com

Babe photography portfolio
AmeliaG is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 08-09-2013, 08:30 PM   #56
directfiesta
Too lazy to set a custom title
 
directfiesta's Avatar
 
Industry Role:
Join Date: Oct 2002
Location: Montreal, Quebec
Posts: 29,612
Quote:
Originally Posted by xxxcoupon View Post
in my state ( texas ) lottery taxes go to the school system
not many winners then ...
__________________
I know that Asspimple is stoopid ... As he says, it is a FACT !

But I can't figure out how he can breathe or type , at the same time ....
directfiesta is online now   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 08-09-2013, 10:30 PM   #57
Slutboat
Confirmed User
 
Slutboat's Avatar
 
Join Date: Sep 2008
Posts: 2,388
ABOLISH ALL LOTTERIES NOW!!!

nothing but a regressive tax on the poor and a cancer on this nation.
__________________
The Slut Boat soon will be making another run
The Slut Boat promises something for everyone
Slutboat is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Page 2 of 2 < 1 2
Post New Thread Reply
Go Back   GoFuckYourself.com - Adult Webmaster Forum > >
Damn The Govt. Takes That Lottery Money Don't They? Damn The Govt. Takes That Lottery Money Don't They?
« Previous Thread | Next Thread »

Bookmarks



Advertising inquiries - marketing at gfy dot com

Contact Admin - Advertise - GFY Rules - Top

©2000-, AI Media Network Inc



Powered by vBulletin
Copyright © 2000- Jelsoft Enterprises Limited.