# Mega Millions lottery ticket prices increasing

**URL:** <https://boards.straightdope.com/t/mega-millions-lottery-ticket-prices-increasing/1008736>\
**Category:** In My Humble Opinion\
**Created:** [October 13, 2024, 10:52pm UTC](https://boards.straightdope.com/t/mega-millions-lottery-ticket-prices-increasing/1008736 "2024-10-13T22:52:24Z")\
**Posts on this page:** 1\
**Showing post:** 14

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**Author:** ![LSLGuy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/lslguy/32/5813_2.png) [@LSLGuy](https://boards.straightdope.com/u/LSLGuy)\
**Post date:** [October 14, 2024, 5:37pm UTC](https://boards.straightdope.com/t/mega-millions-lottery-ticket-prices-increasing/1008736/14 "2024-10-14T17:37:40Z")

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I look at it just like Spiderman. Other than I think he’s optimistic on the take-home percentage.

Right now as I type the Powerball cash payout is 48% of the headline (i.e. bogus) jackpot amount (186.7 mil on 388.0 mil headline). I figure I’ll lose 40% of the cash payout to taxes and the expenses of setting up a trust, etc., so I’ll get to keep 60% of that 48% = 28% take-home vs headline. On 388M that says take-home is 112M. A darn nice payday.

On that money I still can’t buy a big yacht or a Learjet, but I can sure charter them for a week any time I want. And I can buy a Ferrari or two, a small airplane or two (not 10), and any adventures anywhere anytime that I care to imagine.

That’s lifechanging money for somebody who’s already comfortably set by ordinary white collar career standards. $1K on a scratcher? Nope.

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