Editing Talk:1827: Survivorship Bias

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: Never heard of such things, either... [[User:Elektrizikekswerk|Elektrizikekswerk]] ([[User talk:Elektrizikekswerk|talk]]) 08:27, 21 April 2017 (UTC)
 
: Never heard of such things, either... [[User:Elektrizikekswerk|Elektrizikekswerk]] ([[User talk:Elektrizikekswerk|talk]]) 08:27, 21 April 2017 (UTC)
 
:This is a thing that some American lotteries do. It reduces the amount that you have to pay in taxes. [[User:Mulan15262|Mulan15262]] ([[User talk:Mulan15262|talk]]) 12:49, 21 April 2017 (UTC)
 
:This is a thing that some American lotteries do. It reduces the amount that you have to pay in taxes. [[User:Mulan15262|Mulan15262]] ([[User talk:Mulan15262|talk]]) 12:49, 21 April 2017 (UTC)
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: I don't play the lottery but I have heard of this practice and I think its typical here in the states. As I remember, you have the option of accepting 50% of the prize as an immediate payment or of accepting the full amount in installments over 20 years. With a progressive tax schedule this of course will affect the actual amount received and available for use. The use of payments helps the lottery itself as well and the choices of 50% and 20 years is no accident. The lottery can take the 50% it would have paid directly and invest it. A doubling period of 20 years needs an annual return on investment of only 3.6% (approx) so it works out to be a good deal for both parties. Unless of course your life expectancy is less than 20 years! [[User:ExternalMonolog|ExternalMonolog]] ([[User talk:ExternalMonolog|talk]]) 00:31, 22 April 2017 (UTC)
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: I don't play the lottery but I have heard of this practice and I think its typical here in the states. As I remember, you have the option of accepting 50% of the prize as an immediate payment or of accepting the full amount in installments over 20 years. With a progressive tax schedule this of course will affect the actual amount received and available for use. The use of payments helps the lottery itself as well and the 50% over 20 years option is no accident. The lottery can take the 50% it would have paid directly and invest it. A doubling period of 20 years needs an annual return on investment of only 3.6% (approx) so it works out to be a good deal for both parties. Unless of course your life expectancy is less than 20 years! [[User:ExternalMonolog|ExternalMonolog]] ([[User talk:ExternalMonolog|talk]]) 00:31, 22 April 2017 (UTC)
 
The title text is written in the style of an inspirational/motivational speech. Do not be deterred, you can do ANYTHING. Sebastian --[[Special:Contributions/172.68.110.58|172.68.110.58]] 07:05, 21 April 2017 (UTC)
 
The title text is written in the style of an inspirational/motivational speech. Do not be deterred, you can do ANYTHING. Sebastian --[[Special:Contributions/172.68.110.58|172.68.110.58]] 07:05, 21 April 2017 (UTC)
  

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