colonel@sunybcs.UUCP (Col. G. L. Sicherman) (01/05/86)
> Reading the fine print on the bottom of one of the prime time > advertisements I discovered the "lotto" style of payoff. The $10 > million is given out in $333,333 per year. The rest is reinvested > by the company and they make money. They don't lose $10 million > suddenly. At 6% the present value is about half the nominal value. And a hard run of inflation could make it much less. -- Col. G. L. Sicherman UU: ...{rocksvax|decvax}!sunybcs!colonel CS: colonel@buffalo-cs BI: csdsicher@sunyabva