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Forum nameCalfishing.com Main Board
Topic subjectFisherman wins lotto
Topic URLhttp://www.calfishing.com/dc/dcboard.php?az=show_topic&forum=2&topic_id=4461
4461, Fisherman wins lotto
Posted by swimbait, Wed Mar-07-07 05:19 PM
pretty cool.

http://www.foxnews.com/story/0,2933,256974,00.html
4462, RE: Fisherman wins lotto
Posted by Darius, Wed Mar-07-07 05:40 PM
Yup I read it this morning, the only thing that I question is why did he took the cash option rather than spread 20yrs 80 over 195 not a good numbers (he is still a millionaire), besides he gets 9.7 million a year come on.. any way we hope he'll come by in the west and hope see him in water, and say congrats.}( I bet you he will fill his tackle box with swimbait LOL :+
4473, RE: Fisherman wins lotto
Posted by Wade, Thu Mar-22-07 06:12 AM
He was right to cash out. 80M in a tax free offshore account conservatively could give over 250M in 20 years. I'd drop 1/2M on a yacht and touch land as little as possible. :+

Furthermore the 195 is before taxes. 20 years of taxes on that could reduce it to under 120M easily
Tight lines,
Wade