ST Alpha - "so if you do not take the lump sum, you get more $? -- nm" (Reading a Post)

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In response to "no. i'm right. -- nm" by peglegpete

so if you do not take the lump sum, you get more $? -- nm

Posted by groiny (aka groiny) Oct 23 '18, 14:39

(No message)

Responses:

Yes, but you get it over the course of 25 years. The lump sum takes the present value of the jackpot by discounting it based on what you would need - pmb Oct 23, 14:43 4
- (30 years, from what I'm reading) -- nm - JaxSean Oct 23, 14:47
- so when I win, I will not have enough $ to buy the White Sox team. - groiny Oct 23, 14:44 2
  - Not by yourself, but almost nobody does it alone. They almost all have investors. - pmb Oct 23, 14:47 1
    - I don't play well with others. -- nm - groiny Oct 23, 14:48

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