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12-10-2010, 02:40 PM
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GreekChat Member
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Join Date: Jul 2006
Location: What's round on the ends and high in the middle?
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I would save my dog first, because he loves me unconditionally and the stranger would probably sue me for pain and suffering or some other BS. I would take the date over the concert, because it is rude to cancel on someone because something better came along AND I don't really care for live concerts (and considering my favorite band is Metallica, I'd have a headache for days). I would top the date off by stopping by my mom and step-dads and popping in some porn, because that would scare them out of the living room, them I could enjoy their new 52" LED TV all by myself (with my date, maybe).
If you won a million$+ lotto, would you take the lump sum, or would you take the yearly payments?
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12-10-2010, 02:52 PM
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GreekChat Member
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Join Date: Dec 2001
Posts: 12,783
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Quote:
Originally Posted by IrishLake
If you won a million$+ lotto, would you take the lump sum, or would you take the yearly payments?
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Lump sum, without a doubt. Every time I hear about somebody hitting it big, I calculate how much that would mean for me. Then, for fun, I divide it up into what my major purchases would be, how much I would invest, and how much I would give to charity and my favorite causes.
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12-10-2010, 05:08 PM
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GreekChat Member
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Join Date: May 2007
Location: In a house.
Posts: 9,564
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Quote:
Originally Posted by IrishLake
If you won a million$+ lotto, would you take the lump sum, or would you take the yearly payments?
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I would take the lump sum, pay a crew to save both the dog and stranger and buy another ticket for my date to the concert and burn the porn....after I watched them alone.
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Law and Order: Gotham - “In the Criminal Justice System of Gotham City the people are represented by three separate, yet equally important groups. The police who investigate crime, the District Attorneys who prosecute the offenders, and the Batman. These are their stories.”
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12-10-2010, 05:38 PM
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GreekChat Member
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Join Date: Apr 2006
Location: Georgia
Posts: 1,343
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I'd take the lump sum, pay off my house and invest the rest.
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12-11-2010, 10:38 PM
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Super Moderator
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Join Date: Nov 2001
Location: Counting my blessings!
Posts: 31,420
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Lump sum on the lottery. I'm amazed that anyone would trust any government with their money!
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♥Proud to be a Macon Magnolia ♥
"He who is not busy being born is busy dying." Bob Dylan
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12-11-2010, 11:30 PM
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Moderator
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Join Date: Jul 2001
Location: Crescent City
Posts: 10,051
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Quote:
Originally Posted by DaemonSeid
So someone you have been working hard to date finally becomes available, you also find out that your best friend has one ticket to a once in a lifetime concert event of your favorite artist that's on the same night and time as your date. Which do you choose?
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Concert. There's a reason the weekend lasts two days. "Look, <date>, I know we'd planned on going out to dinner tomorrow night, but something came up. Can we reschedule for Saturday?" I'd be really annoyed if I passed up an Evanescence concert for a date with someone who turned out to be a major douche bag. And if he "can't" (i.e. won't) reschedule, he's not worth pursuing.
Quote:
Originally Posted by IrishLake
If you won a million$+ lotto, would you take the lump sum, or would you take the yearly payments?
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Lump sum. Pay the applicable taxes, pay off my house, invest the rest. I know my ass from my elbow when it comes to investing. 
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Have no place I can be since I found Serenity, but you can't take the sky from me...
Only those who risk going too far, find out how far they can go.
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12-12-2010, 11:44 AM
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GreekChat Member
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Join Date: Aug 2009
Posts: 1,245
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Quote:
Originally Posted by IrishLake
If you won a million$+ lotto, would you take the lump sum, or would you take the yearly payments?
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This completely depends on what the yearly payments are, because they might end up being a higher amount in the long run, depending on the interest/compounding rate on the lump sum. If the future value of the lump sum is significantly less than the payments future values, I'd probably just go with the payments.
If vice versa, I'd go with the lump sum.
I'd get the math done before I actually decided.
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