Want to know how much your Mega Millions Ticket could be worth?

Now that Mega Millions has seemed to lock into $540,000,000 for tomorrow’s (Fri Mar 30) drawing it seems that I along with the entire US is day-dreaming of what to do with all the money if I won.  As I contemplated this possibility I wondered after I get a lump sum and the government took their share what will I actually get.

Of course with very little Googling I found a site that calculated the numbers right down to state tax rates.  Gives everyone the opportunity to really see how much money you have to invest, share, donate or spend.

Check out USA Mega at http://www.usamega.com/mega-millions-jackpot.asp

Happy planning.

Financial Questions of Obama-Care

In light of day 3 of the hearings on Obama-Care all the talk is of “mandates”.  The mandates are what in theory should drive down the cost per person but if you are able to opt-out doesn’t this plan become moot? 

There are people today who are not covered by medical insurance but they are getting care.  The question I have is, even if there are mandates and fines for those who don’t have coverage isn’t it easier to play the odds game.  Continue not to pay in for the coverage and hope not to get fined all the while hoping not to get sick.  How is this any different than what they’re doing now other than having a possible fine attached to it?

I’ve never been a fan of government telling me what I can or can not do.  I’m not a liberation however I’m not all for the government being so closely in my business and my wallet.  I’ve yet to actually hear if this makes it through how much more it’s going to cost me. 

Every real estate website has a tool to determine your possible mortgage payments.  How is it I can’t find a person who built that for Obama’s Healthcare plan?  If anyone knows of one please share.

Just got a breaking news alert that arguments are over.  Stay tuned to your…whatever you get your news on.

Greg Smith…Talk about burning bridges.

I’m sure most everyone knows by now the infamous Greg Smith if not maybe saying he was formerly of Goldman Sachs would clue you in.  He’s the disgruntle employee who left the firm this week and pretty much tried to take Goldman with him via an Op Ed piece in the NY Times. Bashing the firm he once loved and blaming the likes of top brass for it.  Talk about burning bridges.  I’m guessing he’ll never be hired back at GS but per his own comment you never know. Apparently if you can churn out a big enough profit they won’t care.

In my all my years working in major global corporations I’ve definitely seen crazier.  Just when you think someone couldn’t possibly have messed up more instead of firing they just push them to a different role or even promote them.

There’s lots of buzz around this particular public lashing because of the volatility of the banking industry.  It hasn’t really had a load of positive features in the news and the last thing they need is more of these guys coming out of wings.  (I’m sure there are plenty out there.)

Apparently Mayor Bloomberg went to meet with GS in a sign of support.  The question I have is, was that to protect NYC’s banking industry or Bloomberg?  Either way I can’t wait to see how this develops.

iPad 3 Announcement Came and Went

I was sitting in the 2nd day of a 3 day management meeting and all the none meeting related chatter was around if anyone heard if Apple made the announcement yet.  The night prior I was discussing with colleagues who thought that iPad 3 was going to have flashy new features like 3D capabilities or projection keyboards.  All that I’ve read the consensus seemed to be that there really wouldn’t be too much new excitement.  My prediction earlier in the week was a HD screen, better camera and the inclusion of Siri.

As it turned out I wasn’t far off the mark.  Tim Cook in Apple fashion came out and presented how the iPad 3 had an HD screen and a better camera, no Siri but there is a dictation capability so I’ll call that a push on my bet. The extra big feature is 4G.  I wasn’t even thinking of that type of option.

All in all I seemed to be pretty good with my prediction.

My question is….When is iPhone 5 hitting the market?

Zynga makes an announcement which affects Facebook

Click Image for link to Wall Street Journal Article.  (Image by DPA/Zuma Press)

Great and perfecting timed article in the Wall Street Journal today re: Zynga announcing today that they’re officially set up to allow their user to play their games such as “Farmville” and my personal favorite “Words with Friends” directly via their own site versus having to connect via a Facebook link.

I’m not sure of the immediate financial impact this has on Facebook since Facebook and Zynga are both technically free unless you opt to upgrade or buy tokens.  I do however think this puts a bit of a wrinkle in Facebook’s IPO valuation which is already being debated.

We’ll have to wait and see but anyone thinking of wanting to buy Facebook shares need to do their research.