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Things to spend it on now. heather: so, do you think more states will consider having the lottery? they don t have any money. they are either going to raise taxes which is not popular at all or cut spending and they are doing all of those things. this has proven to be such a huge money maker for states. it s $20 billion more in just a few years they is earned. it is a lot of money. heather: you mention the payout of $4 2 billion in prize money and that was included because we were all offer it, and the payout included $587 million powerball jackpot in 2012 and now we have $338 million and already this year in 2013. but the winners do not get all that money. uncle sam takes his and it depends whether you take a lump sum. 80 percent choose the lunch sum because they think they can invest it and make more money. ....
If you don t if you take the lump sum you get hatch of what the payout is and taxes take about of what of that, so, say, it is $10 million you get about $2.5 million. heather: if you give advice, to whoever won the lottery yesterday, what advice do you give them, lunch sum or individual pay outs? i think the lump sum is the way to go but people go crazy. they go crazy. heather: speaking of that, we only have 90 seconds, if you were to win the $338 million lottery and you can actually tweet us at home, what would you do with the money? i have never played the lottery in my life. i would take a trip a trip to antartica. i would buy a plane and a pilot and have a house on a beach somewhere and i would ....
If you don t get in we just put a line through your name and you re out. i hear you. thank you. good luck. all right next up, come on over here, tracy. tracy, who buys and who flies? he buy who buys the tickets for the group? john is usually the buyer. but we take turns every once in awhile. whose turn was it this time? it was mike s turn in case you re wondering they decided to get the lunch sum which means each of them is going to get a check for $19,129,571. what would you know they re going to do about that guy that opted out? we re going to continue to listen in to the lottery winners. let s take a look at some of the other stories making news right now. republican lawmakers drafting legislation that would require the government to beef up border security. add more fencing, agents, sensors. the legislation would have a hard time passing in the senate where democrats have a majority. a funeral is being held for ....