If he wanted to take the 25 year payouts it would amount to, before taxes, the $200MM plus. Because he opted for the lump sum he gets less overall (see my post above) but he gets it all NOW and can invest/spend it as he chooses.
It is not fraud, it is the pre-published and understood rules of the ‘game’.
Thank you, I understand the terms.
The whole state monopoly lottery scam is a fraud.
They say it’s fun; it’s not.
They say you can win; you can’t.
They say the proceeds go to the children; they don’t.
Gambling is good when you do it with us.
Gambling is bad of you do it with anyone else.
It is an evil tax on stupid people who need that money more than the state.