Update for 12/18: A fool and his money...As expected, Berna won the big lottery with the ticket she purchased on 12/5, and has spent the week with her brother, Dexter, rechecking her ticket and doing the math.
Odds of winning are 1 in 10 million.
The payout for $1 is $6 million.
The government gets half - that's $3 million.
The buyout instead of the annuity payout is $1.5 million.
Dexter: "It'll be tough, but we can live on a million and a half, Berna!"
Berna: "I'd like to buy a car, Dex... a brand new car!"
Dexter: "And I'd like to get one of those big screen HD televisions!"
Berna : "Maybe a visit to one of those exclusive beauty spas...that would be nice!"
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Dexter: "I can finally have an implant installed and possibly get lucky before I die."
Berna: "And I can have some work done at the Joan Rivers Nip n' Tuck Clinic!"
Dexter: "Thailand, Here we come!"
Berna: "Oh, Yes! That reminds me... We need to pick up some Brie!"
The challenge continues: What will happen to Berna and her money?
Will the funds flee faster than a Bernie Madoff investment?
Will Berna throw the Morgans a couple of bucks so they can heat their kitchen?
Will Berna and Dexter ever really get lucky?
Time will tell... lots of time...
Jeff