I'll Take $480,000 for $800,000 Please
By Jim Bauer
@porwest (101502)
United States
June 22, 2025 10:22am CST
I like to play the bigger lotteries like our state lottery that has a current jackpot of $10,550,000 and the Powerball which has a current jackpot of $128,000,000, but the little twice a day daily draw that starts off at $100,000 is also fun to play (and only $1) when its jackpot gets a little higher.
Right now, it's at $800,000, but if no one wins during the midday drawing, it will go to $850,000.
At that level, after taxes, you'd take home $480,000. Not life changing money, of course, and not near the actual prize pool, but that's the way it goes.
Uncle Sam wants his cut.
Still, I look at it this way. If I take $480,000 and invest it and earn a conservative 6%, which is very easy to do, I'd take home $28,800 a year. To me that's not a shabby added supplement to our money, and well worth it.
Do you like to play the lottery? As for your state lottery (not the multis), what's the current jackpot right now? I'm a curious fellow.
9 people like this
8 responses
@Ineeddentures (5627)
•
22h
I do not play the lottery at all Jim.
Good luck, I hope you win big.
1 person likes this
@porwest (101502)
• United States
4h
@Ineeddentures Neither am I, technically, since I know it's a fool's plan to get rich. BUT, someone HAS to win, and I can afford to play, so...why not?
1 person likes this
@Ineeddentures (5627)
•
4h
@porwest
I never really got into the whole win to get rich gig Jim
i am not enticed by it at all
1 person likes this
@LooeyVille (54)
• United States
23h
Current Kentucky Powerball is $133 million I think. I too would take the cash option.
1 person likes this
@LooeyVille (54)
• United States
3h
@porwest I didn't know KY had its own jackpot.
1 person likes this
@porwest (101502)
• United States
2h
@LooeyVille I just looked it up and interestingly enough, it looks like Kentucky doesn't. Lots of smaller prize games, but not their own main lottery. I would have thought they would have, but it doesn't appear they do. I thought every lottery state had one.
1 person likes this
@kaylachan (78385)
• Daytona Beach, Florida
22h
I want to, but I don't understand the whole cash in thing. Never knowing when we'll go somewhere, makes it hard for me to know when I can have the ticket checked.
1 person likes this
@lovebuglena (46833)
• Staten Island, New York
23h
I don’t usually play the big lottos. I prefer scratch-offs as at least they are fun to do, even if I win nothing.
1 person likes this
@lovebuglena (46833)
• Staten Island, New York
Just now
@porwest But some scratch-offs pay millions. You gotta get lucky though.
@LindaOHio (192026)
• United States
7h
As you know, I've played the same numbers since 1989. I just won another $2. lol Someone won fairly recently; so the cash option is around $2 million. I'd take it.
1 person likes this
@2ndchances24 (10568)
• Cloverdale, Indiana
23h
yeah, yeah, yeah, who wouldn't want to win the lottery?
I know I would but my luck doesn't work that way like yours.
1 person likes this
@Jenaisle (14862)
• Philippines
7h
I do play our local lotto game. The current biggest jackpot is 183 million. I am claiming fit. But I also play the small ones like the 2-digit numbers, 3, and 4-digit numbers. The price is only 4K, but it is already a lot if you win it daily.
Luckily, I won the 5-digit main lotto and am now claiming the million-peso Jackpot!
I hope you win, so you can congratulate me on my win too. 
