It would be hard to spend that much.
on trying..........I'd like to TRY!!
No, last month they inflation adjusted the payout formula and taxes. I think current cash payout after taxes is around 650 million. Also you could end up winning only a share of a pot split multiple ways.IF you had $700 mil to spare for a day , you could buy all 302,575,350 numbers, which would raise the jackpot even more....probably over $2bil. You could nearly triple your money!
The problem is, you are assuming that you will have the only winning ticket. Plus the winner pays a minimum of 37% income tax and state taxes if you have them.IF you had $700mil to spare for a day , you could buy all 302,575,350 numbers, which would raise the jackpot even more....probably over $2bil. You could nearly triple your money!
I have a friend who says the lottery is a tax on people too stupid to do math.
Another friend who won what was the biggest Washington lottery at that time. I got to watch it ruin his life. He did say money can't buy happiness but it can rent some first class affection.
I will pass. I am blessed and pretty happy with life the way it is.
... but I would want to give to some others that are less fortunate than me.