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Author Topic: Super Millionaire Moneytree  (Read 7639 times)

bttritle

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Super Millionaire Moneytree
« Reply #30 on: February 13, 2004, 03:40:24 PM »
In case anyone is interested, ABC has updated their millionaire site with the new rules, including the money layout.  Interestingly, above $100K, it's handled as an annuity.  IIRC, $500K is divided up as $100K within 30 days, and the remaining cash over the next 10 years.  At $1M and above, it's $100K within 30 days, and the remaining cash over the next 20 years.

Ben T.

clemon79

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  • Posts: 27694
  • Director of Suck Consolidation
Super Millionaire Moneytree
« Reply #31 on: February 13, 2004, 04:57:26 PM »
[quote name=\'bttritle\' date=\'Feb 13 2004, 01:40 PM\'] In case anyone is interested, ABC has updated their millionaire site with the new rules, including the money layout.  Interestingly, above $100K, it's handled as an annuity.  IIRC, $500K is divided up as $100K within 30 days, and the remaining cash over the next 10 years.  At $1M and above, it's $100K within 30 days, and the remaining cash over the next 20 years.
 [/quote]
 I'm not altogether surprised by that. And yet, I think I could still handle a 500K win quite nicely. :)
Chris Lemon, King Fool, Director of Suck Consolidation
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starcade

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Super Millionaire Moneytree
« Reply #32 on: February 13, 2004, 07:37:39 PM »
Honestly, given my personal finances, that might actually make it more likely for me to take risks I otherwise would not take...