this post was submitted on 08 Mar 2025
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[–] Stern@lemmy.world 1 points 4 days ago

The way it works in America is that the amount they tell you is after a 30 year annuity, so you obviously get a lot of interest there. It also lets them bump their numbers up which makes it more attractive I guess. Currently Powerball is at 320 million with a cash value (or lump sum) of 150 million. After that you get taxed and knocked down more so you might end out taking home around 100 million. As someone who has not won, I can say that sounds like bullshit, but if I did win, well I wouldn't be complaining. What would I use the extra money on anyhow? Get some dude who wears orange facepaint the presidency? Hard pass. I'd have to be a gigantic friendless turbo nerd to do some shit like that.