+ Reply to Thread
Page 2 of 2 FirstFirst 12
Results 11 to 15 of 15

Thread: Live Finale Will Reveal Worth of Treasure

  1. #11
    FORT Fogey maersk's Avatar
    Join Date
    Sep 2004
    Posts
    1,085
    if i where the geniuses, id sue for a lump sum.............



    haha

  2. #12
    FORT Fogey psucashcow's Avatar
    Join Date
    Aug 2003
    Location
    Pennsylvania ...Is it Spring yet?
    Posts
    2,039
    OMG, another annuity. Didn't For Love Or Money dance around the million dollar prize by using an annuity which was basically worth about $15,000/year after taxes? I wonder if you could take a lump sum. At least the Geniuses were using it for education, med school. Very admirable.
    Never kick a fresh turd on a hot day---Harry S. Truman

  3. #13
    Looking for a way out Bubba-Jo-Lyn's Avatar
    Join Date
    Apr 2004
    Location
    Edmonton
    Age
    42
    Posts
    753
    Quote Originally Posted by luvcures1 View Post
    I read the fine print.....its 3 million..over 25 years! Its some type of anunity.
    I'd take it - where do I sign up.
    Remember: Mentioning Jesus in your speech: small government. Doing what Jesus asked: big government - Stephen Colbert

    Inside me lives a skinny woman crying to get out. But I can usually shut the b*tch up with cookies. (Unknown)

  4. #14
    Endlessly ShrinkingViolet's Avatar
    Join Date
    Oct 2004
    Posts
    4,714
    If you split it three ways to the $1,000,000 apiece, it ends up being $40,000 a year for 25 years--pretaxes, of course. It will probably end up half of that amount. Not nearly as appealing as a million dollars, but you know these crazy kids today. This way they can't blow it all at one time.

  5. #15
    FORT Fanatic
    Join Date
    Apr 2003
    Posts
    460
    I saw the fine print too. At first I thought it said 75 years! But I'm sure it's 25. The real winner here is probably Genworth Financial. They got a lot of ad time out of this show,although with the low ratings maybe it wasn't that great of a deal. I did read where the winners can take a lump-sum payout, but it's figured at present value, which means it might be something like $400,000 in cash. I haven't done PV's since college, but I know it's always a big drop down. At least on Survivor you actually get a million.

+ Reply to Thread
Page 2 of 2 FirstFirst 12

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

SEO by vBSEO 3.6.0 ©2011, Crawlability, Inc.