2006-11-07 06:32:44 · 9 answers · asked by Anonymous in Games & Recreation ➔ Gambling
watched a documentary on lottery winners recently, one woman won 8 million and was getting 60 something thousand a week in interest, imagine what a 100 mill would be, i reckon about 1 mill
2006-11-07 06:42:33 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Interest On 100 Million
2016-11-14 09:00:15 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Depends where you put it, but when the jackpot was 88 Million the interest would have been about £9000 a day. So with 100 Million it's going to be a footballers weekly wage I recon.
2006-11-07 06:48:04 · answer #3 · answered by lauti1970 2 · 0⤊ 0⤋
This is a great question...and if you are smart and remember that taxes on interest are up to 50%
Then you could spend $2.5 million a year of your $5million and do that every year and still have your original winnings...which is the smartest way to do it. Save your principal...spend your interest.
WHEN I WIN $100 Million, I have a plan all ready to go..Donating interest to worthy charities every month and reducing my tax payable as much as possible. If you don't have a ticket you can't win..and working hard and investing is the sure fire way to get ahead...but lady luck can smile on you...be ready with a smile and open hands...I am ready..
2014-03-23 11:52:20 · answer #4 · answered by Stan B 4 · 0⤊ 0⤋
At 4.50% the weekly interest would be £86,538, and at 5.0% it would be £96,154. Of course, this would increase as the interest is added to the capital, so you would see the increase more cleearly if the account had the interest calculated and added daily rather than the usual practice of monthly.
Don't get designs on the win though. I have bought two tickets, so I'm gonna get it! Seriously though, good luck if you buy tickets.
2006-11-07 06:51:11 · answer #5 · answered by Gin & Tonic 4 · 0⤊ 0⤋
You could put it in another country where the intrest rate is alot higer. you should at least get 10% intrest a year. which equals about £1,923 076 a week. Which is about £273 972 a day. You will never have to work again. You can travel the world and stay in five star hotels your whole life. You can do about anything you want for the rest of your life.
2006-11-09 00:00:53 · answer #6 · answered by aaaaaaa 4 · 0⤊ 0⤋
probably about 50k a week cos you'd be paying 40%tax and the average interest rates about 4%
2006-11-07 06:49:09 · answer #7 · answered by Anonymous · 0⤊ 0⤋
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oh sh-t that couple :p i don't understand why someone would go public to the entire world and announce they've won all those money... they are asking for trouble.
2016-04-03 00:56:24 · answer #8 · answered by ? 4 · 0⤊ 0⤋
Imma rob them... Anyone want in?
2016-03-19 05:06:23 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Nothing as you ll never win it< ha ha ha ha, lol !!!!!!!!!!!
2015-12-16 03:01:51 · answer #10 · answered by ? 1 · 0⤊ 0⤋