Quote:
Originally Posted by GatorB
That why you don't be stupid and take the money all at one you take it over time. Unless you're old then of course take all at once. $226 mil over 26 years AFTER federal income tax is paid is $6.65 mil a year. Now who can't live on that? I could easy. That why if I somehow blew all $6.65 mil in 6 months it's only 6 months until another check arrives.
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Because accidents never happen and people live forever. I would take the lump sum so my family doesn't get fucked if I happen to die before the payments are done.