jim_mcmullan
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Lump sum: $3,000,000 * .55 = approx. $1,650,000 after tax
Then invest in Tax Fee Municipal bonds at approx. 5% and receive $82,500 per year, every year and no taxes [and you maintain the principal of $3M for retirement or your children or your alma mater or charity]
Yearly payouts: $3,000,000/30= $100,000 * .55 = $55,000 after tax [and you have no principal at the end of the 30 years]
Do not be a fool and take the yearly payout... |
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chrisser
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really! Me too! take the lump sum and invest it |
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Thinker
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Take the money and run. |
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GlassEye
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30 years
Leave it in your Will. |
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PaPa Norm
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Take the lump sum and go back to sleep !!~:()= |
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jaywalker_69
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Well now...I know some very profitable investments you could go into with that kind of money. Why don't you call me and we can do lunch and talk about it. |
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foxxxyjank
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Large lump some so that the company you're doing it from makes a ton of profit. No, just kidding, spread it out unless you want a spending spree whereas you're left with less then half of your winnings. |
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♥ katie b.
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that depends. are you easily tempted to spend it all at once? if you are, take it spread out over 30 years. if you won't be too tempted though, take it all at once and put it in the bank. it will multiply before you know it! |
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godoompah
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take the lump sum! you get a better deal tax wise. |
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g_man
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I'm not gay but will you marry me? |
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charliechihuas
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Listen to me!!!!
*Take the lump sum, but invest it wisely--go with a professional (Certified Financial Planer).
*remember that the spread in 30 years would not be worth much due to inflation( what today is worth 1000, in 30 years might be 100 or even less)
*dont listen to any of us, go with a professional with experience and with very good reputation. yea the'll make some commission(as well as any other option) but if you are not an expert it will pay off |
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dasmitchies
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Take the lump sum always. States who spread out payments can change their mind with a passage of one law. Why does everybody believe state goverments will not jack them? |
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crtsc007
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Idoubt you really won but if you did congrats and I would take the lump sum, buy and Aston Martin and holla at fine chicks |
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tedls_1
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$3million cash gone in a flash.$100,000 per annum gauranteed income. Do I get a cut for this financial advice?. |
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boring_gordon
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why are you lying? |
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Tesss
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Take it and spend it! |
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Tim F
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lump sum |
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donaldvphillips
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Lump sum it and invest! |
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crazysokkr
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take it all and spend it |
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Lupin_da_3rd
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It depends do you need most of the money now or would you like to actually keep more of it (which would be lost to taxes from lump sum) I would like the idea of having that money coming in on a regular basis like another income or a grandmother that cares too much
Oh and can I be your best friend? ;-P |
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farabymike
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It would be better at your age, pay the taxes, and get lump sum, as you can invest it wisely, and you do not need an adviser. There are honest periodicals, like Stansberry, or Dr. Studdgardt, who can advise you on tax free bonds, Canadian Corp. that pays 8% dividends every month, Energy stocks, that have tax breaks, and equalavent to 10&12%. By investing it now, it can grow much more for you, and you have accessibility if needed. You also have the option to spread it amongst your family and pay less taxes. Diversify a portfolio, so that it will lower risks, and right now, any gold stock is a very good investment, along with Universal investments. Argentina coast line for future land developement, at a bargain as cheap as $100.00 an acre. |
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