If you won the Mega Millions would you take the lump sum or the payout?
- Thread starter DrexlersFade
- Start date
ThrobbingHood
“I’m Sorry for 2025”
Lump sum. You can live off the interest alone and easily invest enough to be set for generations.
Take the payout
And leave the rest of the money to a love one I trust if I passed
And leave the rest of the money to a love one I trust if I passed
Heafcliffe
Hope there's puddin' in the clink...
Lump, b.
How is that better than receiving 40 million a year, adjusted for inflation?
Will the 500 million make generate 40 million a year?
If I can't pass down the payments to my wife or a family member im taking the lump sum.
White City Black
Ol’ Basquiat head ass
From a lot of stories I’ve read, it usually takes a five year range before some folks that won several millions of dollars (double digits at least) would become broke again and go back to work or collecting Social Security.
With this type of money you’re better off 1) Making sure alll your ducks are in a row wealth management wise, and 2) either live a whole new life, or switch up your life so much that you can conceal having a $500m cushion while attempting to live life with your fam and same friendship
My answer: payout if I was young, but I’m not, so lump sum
always lump sum...live for today always
Dameon Farrow
Superstar
Yep and you can't pass it down. Easy decision.
Somebody will find a way
Watching these lottery stories and seeing nikkas take the lump sum and be broke in 5 years is wild.
Once you get that bread its a whole new set of responsibilities and pressures.
- People trying to “invest” in hella silly shyt losing millions (you have 568 million, tf u tryna flip aggressively for)
- Lending and gifting money to family and friends because they can’t say no
- Scammers
Either way try to stay anonymous as possible and hire a good team to manage the funds. Do your due diligence cuz there’s shady nikkas out there like this nikka
Once you get that bread its a whole new set of responsibilities and pressures.
- People trying to “invest” in hella silly shyt losing millions (you have 568 million, tf u tryna flip aggressively for)
- Lending and gifting money to family and friends because they can’t say no
- Scammers
Either way try to stay anonymous as possible and hire a good team to manage the funds. Do your due diligence cuz there’s shady nikkas out there like this nikka
WaveWhisperer
Stainless Steel
Lump sum
I'm relatively young enough to take the pay out.
Lets say I have a bad year on a bad investment
next year finna be lit
Lets say I have a bad year on a bad investment
next year finna be lit
Are Lottery Annuity Payments Transferable? | The Motley Fool
Winners don't necessarily have as much flexibility as you'd think.
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