The California Super Lotto Plus is up to $131 million. Our office has 35 people buying a single ticket together. Since the organizer picked the "cash now" option instead of the "over 20-years" one, there will be a stiff penalty. With that penalty, divided up among 35 people, and after taxes, each of us would get somewhere in the ball park of 1 million in pocket.
Would you take the "partial cash now" or the "all of it over 20- years" option?
What would you do with $1 million?
What would you do with $131 million?