PSA-Mega Millions jackpot is $540 million..Drawing will be Friday 7/8/16.. UPDATED!

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ViviTheMage

Lifer
Dec 12, 2002
36,190
85
91
madgenius.com
Payment sent!

Whats the first thing everyone is buying with their winnings?

Im thinking maybe a Toyota 4runner TRD Pro would be nice to start with

Quality choice, i'd probably put a few thousand into my wrangler though ..

Then put 90% of it into some stocks to live off of.
 

JEDI

Lifer
Sep 25, 2001
30,160
3,302
126
65?

$540M/65 = $8.3M annuity = ~$2.75M cash option after 40% fed+state taxes.
cant even burn $20bills, much less $100s, to light your cigar

oh.. $1M 2nd prize -> $1M/65 = ~$10k per person after 40% fed+state taxes
 
Last edited:

Svnla

Lifer
Nov 10, 2003
17,999
1,396
126
I am in the pot yet I want to buy my own ticket on the side, is that cheating?
 

Svnla

Lifer
Nov 10, 2003
17,999
1,396
126
My apologies, can you edit OP again with revised deadline times (per Vivi):

DEADLINE: Friday July 8, 2016
230PM Pacific
330PM Mountain
430PM Central
530PM Eastern

You guys are getting drunk already?

Done.
 

disappoint

Lifer
Dec 7, 2009
10,137
382
126
3,000,000 megamillions lotto tickets.

LET IT RIDE.

Very likely to lose it all if you do that as I'm sure you know. Odds of winning are well over 1 in 200 million.

I'm reminded of that scene in Casino where they bribe the Japanese high roller's pilot to cancel the flight so he will stay and gamble more and lose the 2 million he had won that night.
 

JTsyo

Lifer
Nov 18, 2007
11,774
919
126
65?

$540M/65 = $8.3M annuity = ~$2.75M cash option after 40% fed+state taxes.
cant even burn $20bills, much less $100s, to light your cigar

oh.. $1M 2nd prize -> $1M/65 = ~$10k per person after 40% fed+state taxes

Yea but you looking at 650 tickets instead of just 10.
 

RossMAN

Grand Nagus
Feb 24, 2000
78,794
266
116
go for it

We're at roughly 77 now.

Plus my 4 (myself + 3 family members) I just submitted :thumbsup:

Question: Should I buy a few tickets with Megaplier option? If yes, how many I was thinking $60 worth (30 MM tickets with MP option).

$1 MegaMillions regular ticket
$2 MegaMillions with Megaplier option, if we win $1 million and the Megaplier is 5 we win $5 million

MegaMillions.com FAQ said:
What is the Megaplier?

Most states use a Megaplier feature in which players can increase non-jackpot prize winnings by 2, 3, 4 or 5 times. In a participating state, you can play the Megaplier for an extra $1. Any non-jackpot prize won on a Mega Millions play will be multiplied by the Megaplier number drawn if you have purchased the Megaplier feature. For example, if you win the $1 million second-tier prize in Mega Millions, and the Megaplier number drawn is 5, your prize would be a whopping $5 million if you purchased the Megaplier for just $1 extra! To find out if your state participates, visit the lottery web site in the state in which you bought the ticket.

Deadline is less than 1 hour away.

Leaving house now for breakfast and run a few errands, will not be able to easily respond to PMs on my cell.
If you have any questions, please call me at 1-877-829-0370 if I don't answer, call again in a few minutes.
 

sdifox

No Lifer
Sep 30, 2005
96,190
15,783
126

Should have picked Argentina or Zimbabwe for large denomination bills.






Or Weimar Republic (now Germany)




Or worst ever (I think) Hungary. That is 1x10^20 Pengő. in July 1946 1 USD = 4.6x10^29 Pengő D:

 
Last edited:

ViRGE

Elite Member, Moderator Emeritus
Oct 9, 1999
31,516
167
106
Damn, you have a late day!

I say no to the multiplier, and just go for the big money. But if others want to, I don't mind.
We're more likely to win small prizes, so I'd say Megaply it. But given the low absolute odds, maybe a coin flip is best.

If we don't win the jackpot but win a smaller prize, we'll be glad we Megaplied it. If we win the jackpot we won't care about the Megaplier. If we don't win anything (most likely), I'm not sure anyone can argue that the Megaplier made a difference.
 

RossMAN

Grand Nagus
Feb 24, 2000
78,794
266
116
Oops missed 2 calls (from Florida and New York) while in bathroom. Going to buy 880 tickets in a few hours.

1-877-829-0370
 

zinfamous

No Lifer
Jul 12, 2006
110,810
29,564
146
A few updates:

  1. Discovered my ATM limit is pathetically low, gotta go into bank/credit union to withdraw cash, that bites. #firstworldproblems
  2. Most likely I'll be live tweeting starting this afternoon https://twitter.com/oldsbasement
  3. If anyone can suggest a Twitter profile pic, please post here or PM me. Let's keep it respectful and not use any AT'ers picture without their written permission. I know, I know.
  4. I should be able to take pictures and/or scan all tickets before the drawing (11PM Eastern), they will be hosted by Vivi on Google Drive or here
  5. Start composing your resignation letter but don't submit it yet.

If you have any questions or suggestions, please post them here or PM me.

lol @twitter account.
 
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