Well, it is another $1+ Billion jackpot. Or, as i see it $240 million jackpot (40% of $600 million, that might understate total taxes). Though it would be less with multiple winners - Let's say $80M.
Taking the cash sum is probably the best move, if you are over 30 years old, and not completely hopeless with money. If you are hopeless with money, pay some company to manage it for you. a lot could go wrong in 30 years (regarding them actually paying it and the value of the payments in the future).
Limit yourself to spending less than 10% in the first year (fun money - not investment). That is gonna be a lot of money to park in your account(s) - and they won't make it easy. You may not have full access for up to a year. It will be a hassle (but a good problem to have).
This is getting too common (well not if i win). i know it's probably in their interest to keep things the way they are, but i would like to see Powerball go back to 2 drawings a week. i wish Mega Millions would get back to $1 plays with better odds.
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