Posted on 07/25/2022 1:33:10 PM PDT by Oldeconomybuyer
First, that’s the amount for winners who take the annuity option, paid over 30 annual payments. But winners nearly always opt for cash, which for this drawing would pay out an estimated $470.1 million.
And then there are federal taxes, which will slice 37% off that cash prize, so that would leave less than $300 million.
I wonder if you got the annuity option, could J.G. Wentworth® give you more than $300 million?
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