Pepsi Billions... cash or annuity?

Reply #23

DoctorEw220 — Tue, 19 Oct 2004 06:52:15 GMT

i don't think that anyone is ever going to win that billion. they would probably have to have at least half a billion people playing for someone to win that billion, and the big winner would probably die of a heart attack on the spot.

Reply #22

Justin — Tue, 19 Oct 2004 04:21:07 GMT

Take the 250 million and invest half of it !!!!!As if its not enough already

Reply #21

CASH Only — Mon, 20 Sep 2004 21:12:32 GMT

No billion-dollar winner this year either.

Reply #20

ONEDAY — Wed, 08 Sep 2004 23:34:31 GMT

where do i play

Reply #19

dvdiva — Wed, 08 Sep 2004 23:07:05 GMT

no kiddingfirst i dont drink pepsi - no sugar or aspertame for me!second the odds of winning a billion in this game are about the same as megamillions or powerball having a big jackpot ands then winning it (odds of a decent jackpot = close to zero, odds of winning = slightly better

Reply #18

CASH Only — Wed, 08 Sep 2004 20:59:09 GMT

Isn't the program on Sunday night (9/12

Reply #17

CASH Only — Fri, 20 Aug 2004 00:13:23 GMT

Rainbow:If you won, you'd take the CASH.

Reply #16

phantomrainbow — Wed, 21 Jul 2004 08:14:57 GMT

hi. i would take the annuity if i won,i am 34 now. i wouldn't mind waiting and i would have something to look forward too,and i could use the excuse of not having anymore money if someone asked to borrow some,i could live with 5 million a year. how much could you possibly spend all at once? on the other hand the 250 million cash option would be nice too,but i dont see how you can come up with over 11 billion with 1-% interest rate. what about the bank in new york(dont know if it is still there... [ More ]

Reply #15

dphillips — Wed, 21 Jul 2004 01:13:56 GMT

I agree -- take the lump sum and run like the wind!dphillips (Blue

Reply #14

DoctorEw220 — Tue, 20 Jul 2004 04:04:13 GMT

Also, i think the annuity is insured. i don't think pepsi would want to risk a lawsuit of those proportions.

Reply #13

DoctorEw220 — Tue, 20 Jul 2004 04:03:18 GMT

Quote: Originally posted by Mana on July 19, 2004Hey ... Mana wouldn't *mind* a billion dollars at all ^^;... of course, i'd like to know where the money is coming from for this play for billion ... what kinda stability will that annuity be under.? It's not state/government backed, it's a corporation who has a hold of this money. Though I expect Pepsi Co. to be around for a little while, it's not as firm as U.S. backed treasuries and municipal bonds..... once again, a good reason to probably t... [ More ]

Reply #12

hypersoniq — Mon, 19 Jul 2004 23:59:37 GMT

Quote: Originally posted by goldeneye26 on July 19, 2004 But just more note..... If you won the Pepsi game, you wouldn't be anonymous.for that much dough, I wouldn't care

Reply #11

MetroPlex — Mon, 19 Jul 2004 21:35:47 GMT

^^^You are not that anonymous now. I mean with the internet anyone can become a target. All you have to do is type in a name in google and alot of stuff might come up and people can use that info to do whatever they want...If you became a multi-millionaire you can protect yourself more...than just some Joe-Blow in anytown america.MP

Reply #10

rundown99 — Mon, 19 Jul 2004 21:25:33 GMT

Quote: Originally posted by hypersoniq on July 18, 2004Pepsi billions sweeps comes up in september again...if you did get there and had the right 1 in a million number to win the billion, how would you take it?here is the payout schedule for annuity...year 1 thru 20 = $5,000,000 (running total $100,000,000 after 20 years)year 21 thru 39 = $10,000,000 (running total $290,000,000 after 39 years)year 40 = 1 payment of $710 millionthe lump sum payment is 250,000,000... it would take 35 years to equ... [ More ]

Reply #9

ryanm — Mon, 19 Jul 2004 17:34:04 GMT

Yeah, in the case of Pepsi billions, it would probably be wiser to take the $250 million and run, simply because the investments aren't backed by the government.

Reply #8

MetroPlex — Mon, 19 Jul 2004 16:30:12 GMT

I'd take the cash...in 40 years of investing, you would have more than 1 billion dollars, if you are smart.MP

Reply #7

Mana — Mon, 19 Jul 2004 05:03:19 GMT

Hey ... Mana wouldn't *mind* a billion dollars at all ^^;... of course, i'd like to know where the money is coming from for this play for billion ... what kinda stability will that annuity be under.? It's not state/government backed, it's a corporation who has a hold of this money. Though I expect Pepsi Co. to be around for a little while, it's not as firm as U.S. backed treasuries and municipal bonds..... once again, a good reason to probably take the lump sum ... $250m would be plenty for a... [ More ]

Reply #6

DoctorEw220 — Mon, 19 Jul 2004 02:04:33 GMT

Quote: Originally posted by ThinkBig on July 18, 2004frankly,i don't think i would even want anything like a billion dollars. in my opinion, it seems to foster too much greed...i'll stick with the american lottos, thank you...loland $250 million won't

Reply #5

ThinkBig — Mon, 19 Jul 2004 01:04:20 GMT

frankly,i don't think i would even want anything like a billion dollars. in my opinion, it seems to foster too much greed...i'll stick with the american lottos, thank you...lol

Reply #4

hypersoniq — Sun, 18 Jul 2004 23:14:47 GMT

if it was a more even distribution, the annuity might be tempting, but you have to wait 40 years to get the bulk of it... I would rather give each of my 3 kids a trust fund for 20 million @ age 21 and enjoy seeing them use it now... keep in mind, after federal taxes... that works out to $162,500,000 and the state and local taxes will take another chunk In my locale that would leave $156,000,000 free and clear. I would rather get the bulk of the taxes paid in one shot.after hooking up the kids, t... [ More ]

Reply #3

DoctorEw220 — Sun, 18 Jul 2004 22:55:34 GMT

i would opt for the annuity because you and your estate, and probably your estate's estate would be set for life.

Reply #2

JAG331 — Sun, 18 Jul 2004 21:10:54 GMT

Let's say you could invest all your payments at 10%/yr for 40 years...disregarding taxes, spending nothing.Annuity: $3,519,271,551Cash: $11,314,813,892Hmmm, do I want 3 or 11 billion? I'll take the cash payment

Reply #1

golotto — Sun, 18 Jul 2004 21:08:20 GMT

I would take cash option...40 years is just too long for me considering everything.

Pepsi Billions... cash or annuity?

hypersoniq — Sun, 18 Jul 2004 20:08:39 GMT

Pepsi billions sweeps comes up in september again...if you did get there and had the right 1 in a million number to win the billion, how would you take it?here is the payout schedule for annuity...year 1 thru 20 = $5,000,000 (running total $100,000,000 after 20 years)year 21 thru 39 = $10,000,000 (running total $290,000,000 after 39 years)year 40 = 1 payment of $710 millionthe lump sum payment is 250,000,000... it would take 35 years to equal the lump sum but you would have the money NOW (and m... [ More ]