Thursday 24 August 2017

Everybody is talking about the $700M powerball jackpot which is the 2nd largest in US HistoryThe

Buying a Powerball ticket probably isn't worth it.

Although it will be paid out as an annuity, meaning that rather than getting the whole amount all at once, it's spread out in smaller — but still multimillion-dollar — annual payments over 30 years. If you choose instead to take the entire cash prize at one time, you get much less money up front: The cash payout value at the time of writing is $443.3 million.

So what will you do if you won $700Million?

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