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Someone Spent $25 Million on Lottery Tickets to Guarantee a Win. And It Worked. (www.vice.com)
submitted 1 month ago by oleorun@real.lemmy.fan to c/weirdnews@real.lemmy.fan
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[-] psud@aussie.zone 21 points 1 month ago

You have a choice: get 57M or get an annuity that costs 57M and pays out 96M over two decades

If you took the 57 million and invested it in an index fund you would probably do better than 96M over the same timespan, though you would probably be taxed more and have to be responsible enough to not spend the money instead

this post was submitted on 23 Aug 2024
173 points (98.9% liked)

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