I believe they get it paid over 10 years or something, is that correct??
Wow! Congrats to the winner... I could really use some of this money ^^
It's paid out over 25 years, and of course, subject to income taxes.
Even still, that's about 6 grand a week for 25 years. I'd be fine with that!
Does that mean you have to come back every year and tip the attendant?
That means the "industry standard" tip @ $100/$1,000 the W-2 attendant should get $1.24 million!!! Paid in cash or you could work out a deal with her over 30 years!!!
Hmm...no lump sum? That's not interesting.
I like the idea of getting paid over 25 years because then that is guaranteed income but it's certainly not as exciting.
In fact, I found myself getting envious until you said it's not a lump sum. Then I thought well it could have been anything paying them over 25 years. And 25 years is way too long to be getting paid. That's not fair.
The elusive jackpot has lost some of it's allure. haha
I would take the money upfront anyway.