according to lil hanny,

lucero10x
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lucero10x 9/21/2011 10:24am
9/21/2011 10:24am
500guy wrote:
When is someone going to reveal that the 1 million is an annuity paid over 20 years ?
lucero10x wrote:
What's wrong with 50k a year for 20 years...guaranteed?
brakkeman_ wrote:
your 50k will buy you 35k of good in 20 years.

one part of 50k now will be worth roughly 100 then.
The following is completely non moto. lol

It's not like everyone is killing it in their stock market escapades. The game is rigged, the big banks and hedge funds are going to continue to find mathematical solutions to consistently drain the wealth from small time unsuspecting stock and mutual fund investors, I say eff em and they can play with theirs and other peoples money.

So? Again, I ask, what's wrong with a 20 yr annuity, as long as you could name beneficiaries and have that money guaranteed in full to them upon your passing? It's not like you couldn't reinvest those monies (i.e. start businesses, pay for education) when you receive your annual/monthly payment. Sure you are putting faith in the Insurance company continuing their solvency and sure you are somewhat taking the risk of the future of your society, but then again you take that risk every day you agree to be paid in a nations currency.

Why shit on an annuity? It's a good way to guard someone against their own stupidity and provide some future financial security.
lucero10x
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lucero10x 9/21/2011 10:28am
9/21/2011 10:28am
500guy wrote:
Nothing, I would gladly take that.

I'm just saying it's not like the rider gets handed a million dollars.
It's always something with those tricky promoters! Wink
500guy
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500guy 9/21/2011 10:28am
9/21/2011 10:28am
lucero10x wrote:
What's wrong with 50k a year for 20 years...guaranteed?
brakkeman_ wrote:
your 50k will buy you 35k of good in 20 years.

one part of 50k now will be worth roughly 100 then.
lucero10x wrote:
The following is completely non moto. lol It's not like everyone is killing it in their stock market escapades. The game is rigged, the big banks...
The following is completely non moto. lol

It's not like everyone is killing it in their stock market escapades. The game is rigged, the big banks and hedge funds are going to continue to find mathematical solutions to consistently drain the wealth from small time unsuspecting stock and mutual fund investors, I say eff em and they can play with theirs and other peoples money.

So? Again, I ask, what's wrong with a 20 yr annuity, as long as you could name beneficiaries and have that money guaranteed in full to them upon your passing? It's not like you couldn't reinvest those monies (i.e. start businesses, pay for education) when you receive your annual/monthly payment. Sure you are putting faith in the Insurance company continuing their solvency and sure you are somewhat taking the risk of the future of your society, but then again you take that risk every day you agree to be paid in a nations currency.

Why shit on an annuity? It's a good way to guard someone against their own stupidity and provide some future financial security.
My only argument would be let people be responsible for themselves.
lucero10x
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lucero10x 9/21/2011 10:30am
9/21/2011 10:30am Edited Date/Time 9/21/2011 10:30am
500guy wrote:
My only argument would be let people be responsible for themselves.
Oh, I hear ya. But when you decide to play the game you accept the rules.

The Shop

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therealjonon
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therealjonon 9/21/2011 10:44am
9/21/2011 10:44am
500guy wrote:
When is someone going to reveal that the 1 million is an annuity paid over 20 years ?
i didnt know that Jay...how does that work? really, i thought they would instantly be a million richer. had no idea about the "payments"....

but your right, its going to be hard for someone to win all three main events anyways...
zvx22
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zvx22 9/21/2011 12:31pm
9/21/2011 12:31pm
So is Hanny still under the PC rig then for now? I thought for sure his contract was up after SX, since they dropped SX @ the X-Games.
sbarrington314 9/21/2011 12:36pm
9/21/2011 12:36pm
zvx22 wrote:
So is Hanny still under the PC rig then for now? I thought for sure his contract was up after SX, since they dropped SX @...
So is Hanny still under the PC rig then for now? I thought for sure his contract was up after SX, since they dropped SX @ the X-Games.
h&h is my guess. which is basically a PC kawi... right?


how much tax would there be on an instant million? in other words, how much would they actually be banking?

whats the prize money for only winning 2 of 3 races?
Foster576
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Foster576 9/21/2011 12:38pm
9/21/2011 12:38pm
500guy wrote:
When is someone going to reveal that the 1 million is an annuity paid over 20 years ?
therealjonon wrote:
i didnt know that Jay...how does that work? really, i thought they would instantly be a million richer. had no idea about the "payments".... but your...
i didnt know that Jay...how does that work? really, i thought they would instantly be a million richer. had no idea about the "payments"....

but your right, its going to be hard for someone to win all three main events anyways...
Well if you get the mill in lump some just go ahead and hand uncle sam pretty much half of it right away.
Luke417
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Luke417 9/21/2011 5:40pm
9/21/2011 5:40pm
I just saw him at perris a week ago on a 450 kawi monster energy PC
UpTiTe 9/21/2011 5:49pm
9/21/2011 5:49pm
I'm sure it will be one pay out. 9 times out of 10 promos like this are insured and if someone wins it the insurance company pasy up.

Pit Row

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