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The jackpot is over $685 Million. After US taxes that would be about $360 Million if you took the 25 year payout. The straight cash option would about $200 Million BEFORE taxes.

Which would you choose? The 25 year plan with paying taxes every year - or straight cash money after taxes?

The jackpot is over $685 Million. After US taxes that would be about $360 Million if you took the 25 year payout. The straight cash option would about $200 Million BEFORE taxes. Which would you choose? The 25 year plan with paying taxes every year - or straight cash money after taxes?

(post is archived)

[–] 4 pts

That could fund a lot of militia groups and buy you a safer location in Idaho

honestly if you are already poor then I wouldn't play, that kind of money can really mess poor people up, everything you've achieved suddenly becomes meaningless, and you have basically nothing left to do in life but sate ever more jaded desires, with people who despise you.

If you must, stick to games that would pay out <$500K, that's about as much life changes a guy can handle

[–] 0 pt

Coming from a high roller like you right. Im sure you know exactly what it's like to have millions.

DO NOT TAKE ADVICE FROM THIS IDIOT

[–] 3 pts (edited )

To be fair though, he's not entirely wrong on how coming into large amounts of money suddenly if you've previously not had money can really fuck you up mentally. Having enough money to suddenly be able to buy everything would be akin to playing a game with cheat codes - it might be fun in the start, but very rapidly life would become really boring. With a lot of things, the journey to achieving something is what makes it worthwhile in the end - if you remove that journey the end goal becomes often meaningless. It's why the rich and famous very often descend into vices and stupidity - because everything else is boring to them. That being said - what is "a lot of money" to one person may not be for another. If you live in the middle of nowhere, 1 million dollars would allow you to live comfortably for the rest of your days, but if you're in a city you probably wouldn't be able to even afford a studio apartment. Its relative on that part.

[–] 0 pt

"Money may not buy happiness but it sure makes misery easier to live with"

Sudden wealth syndrome is a thing I'm not denying that. I was harsh with my comment but this is the internet so meh. I think what you're saying applies to silver spoon kids the most, lottery winners are a different story. If people aren't very good at math then they could easily burn through $50 million before they even know they have spent it. But some people that win lotteries or come across wealth are more than happy to give it all away and make others people's lives better as well it goes both ways. In my not so humble opinion, being wealthy will always be a better option than grinding your life away becuase you feel there is value in extended periods of drudgery. Nah

[–] 1 pt (edited )

I'm not a high roller, but I don't have to work if I don't feel like it. I'm pretty familiar with a lot of rich people so I see their world too; it's often fairly ordinary, just with nicer homes and staff.

If you think lots of money will make you instantly happy, you are going to be really disappointed. However it does buy you massive amounts of security and removes the 24/7 stress of being poor. It also brings a lot of problems that poor people are just not socially or mentally equipped to handle, these are serious enough to kill you if you don't seek out some support.

If you want real advice on a lottery win then reddit has a good post on this

Personally I wouldn't listen to a forum warrior who tells everyone else not to listen to someone, when they have no idea what that person's background might be. Go look up some stats on lottery winners, very few of them are objectively happier

[–] 0 pt

Personally I wouldn't listen to a forum warrior who tells everyone else not to listen to someone, when they have no idea what that person's background might be.

It sounds like I was close enough about your background.

I know exactly what happens to lottery winners. It's called sudden wealth syndrome. They are an outlier and statistically irrelevant. There is nothing more soul crushing than abject poverty and thinking people lose the value in their mundane routine poorfag lifestyle if they become wealthy is ridiculous. A perfect life doesn't exist so nearly everyone would be better off if they were financially secure.

[–] 1 pt

But… his advice is to not play the lottery. Which is good advice.