acccept 1/2 in a lump sum and pay the taxes all at once."
I just ran the numbers. They're charging 8% interest. You've got to be a fool to take the lump sum calculated at their interest rate. At 5% interest he would get 63% of the million instead of half.
Yep.... takes the lump sum, gives the gov half, buys a new house, harley, trip to cancun. This guy will end up owing more than Mike Tyson before it's all over.