Last Friday, people basically went crazy buying up tickets to the largest lottery jackpot in US history. $640 million was up for grabs. that's a lot of money. In fact, in just the last 48 hours before the lottery.
bowls were, were drawn. 400 million tickets were sold just in the last 48 hours as people clamored to get a hold of one, hoping that that would bring them, everlasting happiness. now just understand how much $640 million is. That's, that's over half a billion dollars, even.
you could take it in, in 26 payments of about $24.6 million or you could take the lump sum of $462 million. Even after taxes you'd be left with $346.5 million. Now say you went crazy and you spent $46.5 million of that like in two days, you'd still have $300 million and if. If for the next 60 years you spent $15,000 a day, so if you were 20 years old and you spent $15,000 a day till you were 80 years old, you'd still have $18 million in the bank.
That's a lot of money. And the question is how would you respond? I know a lot of people were trying to answer that question, what they would do with the money. In fact, MSNBC.com ran an article about their suggestions for what you ought to do and they highlighted a ranch in Northern California....
