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To: SoFloFreeper

well....lump sum is half before taxes
that’s 33.5 Million...and then Uncle sam takes his bite. and then maybe state taxes.
still....that’s a pretty good payday. God bless her.


3 posted on 08/01/2014 4:54:52 AM PDT by Yorlik803 ( Church/Caboose in 2016)
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To: Yorlik803

Yes, the lump sum amount is a lot less than the annuity amount, roughly half as much. The advertised amount of $66M only applies if you agree to take your winnings over a 20 year period.

Looking at it from the lump sum amount of $35M or so, the $27M payout for the lump sum prize doesn’t look so bad from a tax standpoint.


73 posted on 08/01/2014 6:24:00 AM PDT by citizen (There is always free government cheese in the mouse trap.....https://twitter.com/kracker0)
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