Lottery Winnings - Lump Sum Payment
This simulation models winning a $10M lottery payout and having 50% taken out in taxes. Then letting the balance ride for 40 years at 5% interest, spending $250k per year (not inflation adjusted).
See the related blog post:
Lottery Winnings 10000000
Nov. 8, 2018, 6:19 p.m.
Oct. 15, 2018, 8:42 p.m.