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To: hoagy62

“According to usamega.com, the one lump sum payout, after 25%$ federal withholding, is now $418.5M. Annual payout, after federal withholding, is now $22.5M per year.”

No doubt that is what they are saying but that assumes there is only one winning ticket sold. In most cases, these super jackpots, have multiple winners. For example, $900M, three winners, you split it equally, ie, $300M each. The lump sum after taxes would be about $140M.

If I only won $140M, I still think that with good budgeting, I could probably make it.


205 posted on 01/09/2016 10:20:49 AM PST by DugwayDuke
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To: DugwayDuke

206 posted on 01/09/2016 10:46:19 AM PST by hoagy62 (Timid Men prefer the 'Calm of Despotism' to the 'Tempestuous Sea of Liberty'. ~ T. Jefferson)
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