#21
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Re: Can We Hit the Lotto Again?
Wouldn't we need to facor in the total investment return that one could obtain with their winnings as well? If I could lock $300 million at, say, 5% P.A., that's $15 million a year before any compounding. Over the winner's lifetime (at 5%, the winnings could double about 3 times in ~45 years?) the return would allow the principal to be much smaller (with these fudged numbers, about 1/8th) and still be +EV.
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