So I emailed the sister unit in Florida and she bought $20 for me No income tax in Florida. pay out is projected at 8some odd million for some reason. To me half of 1.4 is point seven. or 700 million but WT? suppose it is 800 billion and you take half up front figuring who knows if they are going to be there 39 years from now or what the tax rate might be.

Floridian would choose 400 billion and pay tax of 39% or 244 million dollars 25% withholding and 14% barring changes on April 15th 2017.

No need to invest just need to protect and secure. Investment at this point with that much is a foolhardy risk.

FDIC for banks is $250,000 maximum. not a good choice. the best besides in the mattress? T Bills at zero percent interest. Why? Government runs the printing presses they can't afford to renege on T Bills or their loan money would dry up instantly. The most you could lose is buying power better than being left with a quarter mil tip money

What's the procedure? For us go to Talahassee and set iup the payoff for the start of a three day weekend. scope out the buildilng and look for a side exit and have a little change of clothing etc. disguise. It's down live on camera and you get one check for the whole amount and a bit of a head start. Have a rental car...or three. staked out If your favorite bank has a local branch discuss iyour needs with your 'persnal banker.'

My choice would put everything in a non interest bearing account. Banks love them. They get to puse the money and pay nothing but make srue they are not charging fees? Easy deal. Then divide the rest up to minimize risk and maximise security Get a higher rate on daily limits at ATM's. Settle all that in advance. if you owe prepare the transfers in advance to pay off everything. One account for the 14% tax due. and a bit more. With obama it might be 24%. Never know.

The big day comes...scheduled for early afternoon on a friday three day weekend. park the rental in a safe spot within a few blocks from that side door exit. Make your appearance get the check and wait for the dumb questions...Give back? I just did to the tune of one billion. Where's the money going? My favorite answer 'nobodies business.' Excuse yourself for a restroom break. out the side door into the rental car and gone. ditch at the rental shop and take the second car same thing and once again changing clothes each time.Third car puts you on the highway for me I-10 westbound. The rest do on the internet. Open an accouont at some really good institutions which means Andrews Federal Credit union they cater to over seas residents and travelers. transfer. Start transferring money to other pre setup accounts. That's going to take one or two hours of every day.

Meanwhile everyone is looking for the new treasure trove relatives you never heard of and some you wish you had never heard of and don't go back home. Sell the place or better yet rent it out with a rental manager. Change your appearance and go for a very long cruise If you want to be altruistic computer transfer to their account. for me that's a list of one.

I made it easy my sister and i are half each ticket owners. her $20 worth and my $20 worth. Finally .....find a local judge somewhere and ask for a legal name change. then don't use it. It's hard to hide in computerized USA but if you work at it the story can be a book and the book a movie. Fugitive Part III Who plays the pursuer (alll the ex wives. or husbands to throw them off the sent send a big deposit to their account....) then close the account that sent it.

Finally if you aren't into high finance and money management divide total by numbeer of years life expectancy add ten. That' show many no income tax years you have for peace, quiet and freedom. Did yo have an existing retirement income? Cancel the deposit account except for the mandatory health insurance put that on automatic. which means medicare and the whole nine yards to evade Obama fines. That's where my sister comes in. Power of attorney with access to only those type of accounts... she spends $50 on turbo tax and withdraws the rest for IF you have to have it. What I do know is if you don't accept the payment from soc. seurity or don't sign uip for it. or from a retirement pension there is no consequence. Fugitive Part III should prove entertaining ....and fill your life with joy! Smile the odds are only a billion to one.

With that much riding on this largest ever how much of disposable national wealth after taxes is being spent on tickets.

All of it.