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getagrip_already

(17,781 posts)

4. maybe not all of them, but a good start,,,

Reply to markie (Reply #2)

Tue Oct 10, 2023, 09:59 AM

Oct 2023

You would get somewhere between $600M-$700M before taxes if you took a lump sum payment. Figure 40% for taxes, fees, bloodsuckers, and the like.

So maybe you would end up with $350M out of that pot? That's a conservative estimate of course.

Houseing 500 families a month would cost about $1M. So $12M/year for 500 families. You can see that pot isn't infinite.

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Highlight:

Powerball jackpot at $1.7 billion after no-winner draw - Reuters [View all] TexasTowelie Oct 2023 OP

I'll get ONE ticket today. One is all it takes. Oopsie Daisy Oct 2023 #1

so markie Oct 2023 #2

maybe not all of them, but a good start,,, getagrip_already Oct 2023 #4

yes not all... markie Oct 2023 #7

mine, Mine, MINE!!!!! getagrip_already Oct 2023 #3

You are going to need a second stroke of luck or some lucrative investments. TexasTowelie Oct 2023 #5

I have two cats I value at $1B each, getagrip_already Oct 2023 #6