Lottery taxes are really high, so if you think you will ever win this is how much money you would actually get to keep. Rock - https://www.youtube.com/watch?v=fShxQ6QSENk&feature=youtu.be Paper - https://www.youtube.com/watch?v=QULAGud7bg8&feature=youtu.be Scissors - https://www.youtube.com/watch?v=tyJE9uBmKWs NEW Merch Store! - https://mrbeast.store Check out Viewstats! - https://www.viewstats.com/ For any questions or inquiries regarding this video please reach out to chucky@mrbeastbusine
| 0:10 | The jackpot for the last lottery was 1 |
| 0:13 | billion 500 million. Now, let's say |
| 0:15 | hypothetically you won the $ 1.5 billion |
| 0:18 | jackpot. Do you know how much of that |
| 0:20 | money you would actually keep? You see, |
| 0:21 | if you won the $ 1.5 billion and you |
| 0:23 | asked for the money immediately, you |
| 0:25 | would not get $1.5 billion. If you ask |
| 0:28 | for all the money right when you hand |
| 0:29 | them the ticket, they're only going to |
| 0:30 | give you 930 million. But if you spread |
| 0:33 | out the payments over 30 years, you will |
| 0:36 | receive the full 1.5 billion. This is |
| 0:38 | because the lottery lies to us. You |
| 0:40 | know, when you see the billboard or the |
| 0:42 | commercials, you see $1.5 billion. How |
| 0:45 | they advertise the jackpot being that |
| 0:46 | high. That's not how much money they |
| 0:48 | have. In fact, they only have 930 |
| 0:50 | million, 62% of that. But they advertise |
| 0:53 | it at 1.5 billion. Which is why if you |
| 0:55 | won the $ 1.5 billion lottery and asked |
| 0:57 | for the money right away, they'd only |
| 0:59 | hand you a check with 930 million. But |
| 1:02 | if you spread it out over 30 years, that |
| 1:04 | gives them time to invest the 930 |
| 1:06 | million. And so if you spread it out |
| 1:07 | over 30 years, you would receive the |
| 1:09 | full 1.5 billion to advertise, but |
| 1:12 | that's only if you wait 30 years instead |
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