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Community: Investing Wiki

Term Of The Hour

calculate lottery prize: Original post by Edriaan Koening of Demand Media When you see an advertisement for a lottery, it usually states a certain amount of prize money -- for example, $50 million. However, if you win the lottery, you will not be able to take home the entire $50 million in cash immediately. The advertised lottery value refers to the amount of money you will receive over the years if you choose to get the…

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