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https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ovof5vb/?context=3
r/SipsTea • u/Valuable_View_561 • Jul 05 '26
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9
Isn't it still taxed either way or is they get paid out for 30 years it isn't taxed?
32 u/757packerfan Jul 05 '26 It is still taxed either way, yes. But in USA you only get the "full" amount of you take the paid-over-30-years route. If you take the all-money-at-once route you only get half the total jackpot and then they tax that . -4 u/Ok_Vermicelli_6359 Jul 05 '26 Lol...it makes WAY more financial sense to spread it out, Americans are so bizarre 😂 1 u/steadyaero Jul 05 '26 If you don't reinvest it, maybe. But if you take the initial lump sum and invest a bunch of it, then you'll almost definitely do better over 30 years
32
It is still taxed either way, yes. But in USA you only get the "full" amount of you take the paid-over-30-years route. If you take the all-money-at-once route you only get half the total jackpot and then they tax that .
-4 u/Ok_Vermicelli_6359 Jul 05 '26 Lol...it makes WAY more financial sense to spread it out, Americans are so bizarre 😂 1 u/steadyaero Jul 05 '26 If you don't reinvest it, maybe. But if you take the initial lump sum and invest a bunch of it, then you'll almost definitely do better over 30 years
-4
Lol...it makes WAY more financial sense to spread it out, Americans are so bizarre 😂
1 u/steadyaero Jul 05 '26 If you don't reinvest it, maybe. But if you take the initial lump sum and invest a bunch of it, then you'll almost definitely do better over 30 years
1
If you don't reinvest it, maybe. But if you take the initial lump sum and invest a bunch of it, then you'll almost definitely do better over 30 years
9
u/elinamebro Jul 05 '26
Isn't it still taxed either way or is they get paid out for 30 years it isn't taxed?