Fryowa
Administrator
The Powerball is at $1.2 billion right now.
292.2 million combinations x $2 = $584.4 million.
$1.2 billon - $584.4 million = $615.6 million * .67 (estimated next after taxes) = $412.5 million.
That would give us 13 years of NIL at $30 million a year.
We need to find someone who can put up $600 million (to hedge against any smaller winnings that happen in the same drawing), and we can go buy Duke's basketball team and OSU's football team. Natty's for years once we start the process. There's no way it can go wrong.
Get the ball rolling, Beth.
292.2 million combinations x $2 = $584.4 million.
$1.2 billon - $584.4 million = $615.6 million * .67 (estimated next after taxes) = $412.5 million.
That would give us 13 years of NIL at $30 million a year.
We need to find someone who can put up $600 million (to hedge against any smaller winnings that happen in the same drawing), and we can go buy Duke's basketball team and OSU's football team. Natty's for years once we start the process. There's no way it can go wrong.
Get the ball rolling, Beth.