If You Won the Lottery, Would You Take One Lump Sum, or Yearly Payments?

[SifuPhil]

shoot, this is all your fault, we are fftopic:

OH MY, NO!!!!!

I shall have to take the only honorable way out of this horrible event I have caused.

Good bye, all ......

 

[Denise1952]

ahhhh, what a cute kitti, is that the dance of the 7 veils or what?

 

[SifuPhil]

ahhhh, what a cute kitti, is that the dance of the 7 veils or what?

No, that's seppuku - the ritualistic disemboweling that samurai used to do when they dishonored themselves or their masters.

It's more commonly known as the (cruder and mis-spelled) hari-kari, (proper spelling) harakiri or "belly cutting".

In, and then left to right. Use the tanto or wakizashi blades, not the daimo.

 

[Falcon]

And you shall become gutless. A strange way of life for strange people.

 

[Denise1952]

No, that's seppuku - the ritualistic disemboweling that samurai used to do when they dishonored themselves or their masters.

It's more commonly known as the (cruder and mis-spelled) hari-kari, (proper spelling) harakiri or "belly cutting".

In, and then left to right. Use the tanto or wakizashi blades, not the daimo.

Boy I walked into that oneat least I have some festive color for the day.

 

[Mirabilis]

Take the lump sum. I don't mind paying higher taxes to Uncle Sam. Taking the annual payments seems like you will get more but you have to also consider the future value of money. You might be better off taking the lump sum and investing a portion of it to make it grow.

 

[drifter]

Lump sum.

 

[CPA-Kim]

I would look at the rate they discounted the lump sum and then make a decision.

 

[rt3]

I would create a foundation for shelter animals, before taking the money, declare it tax exempt, establish a tax exempt PAC, establish myself as president with a high salary and golden parachute, and hire ex-cons who loved animals to go around and "enforce" animal cruelty laws.