Re:Money Really Does Lead to a More Satisfying Life
by s0rce on Saturday August 25, 2018 @09:12PM
(#17843617)
10M in capital, you should be able to live conservatively on 300k/yr (today's dollars) without running out. Probably more.
When you win the lottey, you get seed money. This money is "worth" 200 times less than you think it's worth, because you can only spend it once. If you put e.g. 10 million in an investment, you get an allowance of less than 50k/month to spend without eroding the original capital. That's the true "value" of this lottery ticket.