Submitted by Minezenroll t3_zx8xla in news
darthjoey91 t1_j1zyaj1 wrote
Reply to comment by AtomicBlastCandy in No Mega Millions jackpot winner; estimated prize now $640 million by Minezenroll
But at $2 billion, the math does work. Like not much, but the expected value passes the cost of a ticket around there.
AtomicBlastCandy t1_j1zymtx wrote
First the amount is halved if you take it as a lump sum and the annuity has a shit interest rate, then you have to factor in taxes. I haven’t done the math you are probably right that at $2b jackpot the numbers may make sense. There is also the fact that you may have to split the prize
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