@vaneshree02@Cthulhucachoo Ya this is because you sleep with the windows closed. If they were open they would be inside the house as well. That’s what I’m saying, sleeping with the windows closed keeps the woonga boys outside with all the bugs
We need a commission of enquiry here. So the ticket prize has doubled. But the prize money for the powerball stays the same at R10. And then looking at the divisions the number of winners is almost consistently half last weeks result (half the tickets sold perhaps?)
So powerball went from R5 a line to R10 a line. Plus R5 if you take a plus. I know the chances of winning were infinitely small anyway but now if you play the same amount, your chances are halved. Who even approved this?
@uncle_madness Ok found the results yes seems like someone did win it…but here’s the part that irritates me. The ticket price is now R10 and the prize for the powerball is still R10. When the ticket price was R5 the prize for powerball was R10
So powerball went from R5 a line to R10 a line. Plus R5 if you take a plus. I know the chances of winning were infinitely small anyway but now if you play the same amount, your chances are halved. Who even approved this?
@uncle_madness I’m still checking results. I think what they did was guaranteed jackpot payout rather than someone winning but someone could have won. It didn’t make sense that the jackpot carried over from the previous system was still the jackpot on offer for me.
@Martin_ASFL Perhaps you think crafting the statement to specifically say black person you have cleverly bypassed the fact that there are millions of Afrikaans speaking people of colour. Your definition of Afrikaners is myopic if you call a banana a Piesang and you know it…
@CiroDeSiena@firmino__09 Also the prompt for any ai would have to be more precise with some knowledge of investing and tax implications so it may spit out the wrong answer anyway…
@Arfness@CiroDeSiena Sorry yes was just working off your stated 20% assumption. There could be other ways to reduced the tax liability. Using unit trusts or equity index trackers could switch the tax from interest to capital gains at the risk of losing capital but they all further complicate the calc
@Arfness@CiroDeSiena Assuming no other interest bearing cash you have to discount the 20% for the first R23000 interest per annum allowed tax free. Effective tax rate for the first year then drops to approximately 14%, and compounding effects thereafter could also swing the equation further.
@NeilTStacey@CiroDeSiena In the last three years there would have been many options that exceeded the prime interest rate. For 2025 the JSE did 39% for the year. Obviously a more balanced portfolio would lower returns simply because you would not dump everything in equities or an equity index.