Investing in the interest on jackpot games

Reply #5

wander73 — Thu, 11 Feb 2016 15:29:46 GMT

Speaking of the banks as you started pointing out, I am trying to wonder how our fed govt claims of all this so called debt.

About 100 yrs ago they borrowed 1 million dollars plus interest. Where did they get that from? Why are we in so much debt? then they create these programs that are not effective and so many find ways of abusing it. I never understood that.

Reply #4

Romancandle — Thu, 11 Feb 2016 01:15:10 GMT

With the interest rates these days and fees... we've been paying the banks for years already to hold our money.

Reply #3

Murgatroyd — Thu, 11 Feb 2016 01:04:05 GMT

As everyone knows most people spend every dime and go broke.

Everyone knows it, but is it true? Sure, there have been a few high-profile cases, but they don't constitute most .

If anyone were to hit a huge jackpot especially with these lotteries, how do you know what the interest is and what percentage would you take to make money on it.

If I were to hit a PB or MM jackpot, I wouldn't worry about making money on it. I'd worry about making the existing money last, and I've got a fai... [ More ]

Reply #2

rcbbuckeye — Wed, 10 Feb 2016 23:30:40 GMT

Give it a little more time and we'll be paying the bank to hold our money.

Negative interest plan is on the way.

Reply #1

TheMeatman2005 — Wed, 10 Feb 2016 22:16:58 GMT

Mostly everyone has some sort of skeleton hanging in the closet. Hopefully a jackpot win can clean up most of them.

As far as interest on the money you deposit, any amount you make would be more than you had before the win.

You have to invest wisely and set up your own annuities that pay out over varying years. This way you can't spend it all and have nothing to show for it.

Investing in the interest on jackpot games

wander73 — Sat, 06 Feb 2016 15:35:00 GMT

As most of us know it many lottery winners have legal battles, drug issues, family issues, money issues, tax related problems, etc.

If anyone were to hit a huge jackpot especially with these lotteries, how do you know what the interest is and what percentage would you take to make money on it. After thinking about this one I am actually in agreement.

As everyone knows most people spend every dime and go broke.

Just some thought from many of you.