Tag Archives: megamillions

The MegaMillions jackpot has gotten incalculably large

Seriously, it has. There are not enough significant digits in the display to calculate the annual payout accurately. I can get within $10 million/year after taxes, but that’s as close as I can get not knowing how much there is between the hundreds of millions and the decimal point. That’s not going to keep me from buying a ticket though. Using as many digits as I have the $1.6 billion comes to about $35 million after taxes each year, and dividing up with two thirds going to Mrs. the Poet and me getting one third that still gives me about $11 million dollars the first year after taxes. The total jackpot for Wednesday’s Lotto Texas drawing is $13.5 million for 30 years before taxes. I’m buying a ticket for that one too FYI, but seriously, even with only knowing the closest hundred million the after tax take home the rough calculation is insane.

I don’t know if I mentioned this before, but that little trip to the ER ended up costing me $3325 complete. Now if I won even the Lotto Texas drawing that would still be a large chunk of change. That will take a large chunk of principal out of the funds my parents left me, almost a year’s worth of taxes. That’s one less year we can keep the house before we have to sell and move in with one of the kids. That’s another reason we need to win the lottery, even as little as $100k will keep us in the house until we are ready to leave it. And $200k will let me build the Sprint-T right, without penny-pinching, and let us stay in the house and get it fixed up.

And that pretty much covers everything I needed to say today except to remind everyone to vote like your lives depended on it, because for many people their lives do depend on how the vote turns out.