ST Alpha - "Quick and dirty, you’d need well over a $2 billion jackpot to break even after taxes, even accounting for the minor prizes I’m guessing." (Reading a Post)

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In response to "We have. We just never figured out the financing and logistics" by JD

Quick and dirty, you’d need well over a $2 billion jackpot to break even after taxes, even accounting for the minor prizes I’m guessing.

Posted by znufrii Oct 14 '24, 10:05

~1 in 300 million odds at $2 a pop = $600 million
~50% effective tax rate = $1.2 billion
~50% net present value = $2.4 billion

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