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To: NRx

After taxes he will have about $500,000 to 550,000, not a million.


12 posted on 08/31/2015 3:18:46 PM PDT by TruthWillWin (The problem with socialism is that you eventually run out of other peoples money.)
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To: TruthWillWin

Actually it will be closer to $600k. Incredibly, California does not tax lottery winnings so he is only on the hook for the Federal income tax.


13 posted on 08/31/2015 3:21:15 PM PDT by NRx (An unrepentant champion of the old order and determined foe of damnable Whiggery in all its forms.)
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To: TruthWillWin

No state income tax on CA lottery ticket winners. He will have $600,000+. Barry “The Mountain Renamaer” Obama will get his cut.


14 posted on 08/31/2015 3:21:19 PM PDT by BigEdLB (We need to target the 'Ministry of Virtue' on Iranian bombing runs. It is not vituous)
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To: TruthWillWin

22 posted on 08/31/2015 3:34:25 PM PDT by SeekAndFind (What is the difference between Obama and government bonds? Government bonds will mature someday)
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