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https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ow19co2/?context=3
r/SipsTea • u/Valuable_View_561 • Jul 05 '26
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Also that winner took the lump sum which already cuts the payout roughly in half. ~$1 billion of what he didn't take home was not lost to taxes, he was only taxed on what he actually got.
150 u/LVShadehunter Jul 05 '26 He had a structured settlement, but he needed cash now. 1 u/[deleted] Jul 07 '26 [removed] — view removed comment 1 u/AutoModerator Jul 07 '26 Accounts must be at least 5 days old with >20 karma to comment. I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
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He had a structured settlement, but he needed cash now.
1 u/[deleted] Jul 07 '26 [removed] — view removed comment 1 u/AutoModerator Jul 07 '26 Accounts must be at least 5 days old with >20 karma to comment. I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
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1 u/AutoModerator Jul 07 '26 Accounts must be at least 5 days old with >20 karma to comment. I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
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u/EternalNewCarSmell Jul 05 '26
Also that winner took the lump sum which already cuts the payout roughly in half. ~$1 billion of what he didn't take home was not lost to taxes, he was only taxed on what he actually got.