Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: rawhide
Where does the $105 million figure come from?

The top prize this week was $213,333,333.33 (because there were three winners splitting $640 million). Is that the expected winnings after taxes from a $213 million win?

77 posted on 04/02/2012 8:17:36 PM PDT by Bob
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Bob

You only get the entire $640 million, minus taxes, if you’re willing to be paid out over the next 20 years. If you take the lump sum, you get considerably less.


78 posted on 04/02/2012 9:07:14 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults.)
[ Post Reply | Private Reply | To 77 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson