[Jonty30]

In total, he will probably get $100 million, or so, when all lawsuits are settled.

It’s also only taxable if he draws it as income. With a smart tax lawyer, he will have a strategy in place to minimize his taxes or pay those taxes out over many years than in one year.

[GrandJediMasterYoda]

Reading your post I was reminded of this, don't know why. You had to see this movie, right?

[HANG THE EXPENSE]

Perfect

[shelterguy]

If the settlement is meant to make you whole there is no tax on the money. At least that is how it works for personal injury lawsuits in Minnesota.