Welcome to the Eric Erickson Show podcast, Our 2.

Greetings, Conversationalists. Welcome, it is Eric Erickson here across the nation,

and I love that you're with me today. I hope it's blue skies wherever you are.

The phone number is 877-97-37-37-47-4-25.

Should you wish to be on the program,

I'd love to have you with me.

And I got to just tell you all tomorrow night when I win the mega millions and become a billionaire

overnight, I don't intend to quit my job. I intend to just invest the money in growing my

radio show and buying land with a house, enough land where we can vary the bodies of the crazy

people who show up on my doorstep. But nonetheless, I don't intend to quit. I have bought the

winning mega millions ticket. Well, I'm not sure I have. I've just been praying to Jesus a whole

lot that it actually is. We'll see. That is kind of absurd. $1.55 billion.

Now, I was actually talking to a friend of mine who's a financial analyst as an aside, and he said,

if you're under 50 years old, you should always take the annuity.

So the annuity is a payment every year for 30 years. And that works

out over that 30 years to $1.55 billion before tax. However, however, if you take the lump sum

payment, it winds up being like $750 million before taxes.

So after taxes, you're talking about $400 million.

Still a lot of money.

The thing that he said, though, is that if you're under 50, the reason you should take the

annuity that pays out every year, And so your first year, it increases

every five, it increases 5% every year. So your first year, it's like after taxes around $13.7 million,

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