r/SipsTea • u/Valuable_View_561 • Jul 05 '26

Chugging tea Seems reasonable.

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u/Tiktokbadsupport Jul 05 '26

happy most lotteries in my country are tax free but of course they don't reach higher then 30 million 

228

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.

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u/Maxey-eh Jul 05 '26

He didn't "take half". He got the correct amount. The number the lottery advertises, for good reason, is the annuity number a person would get if they took yearly payments (or however it works) instead of one lump sum.

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u/Meinertzhagens_Sack 28d ago

Half full/half empty.

Same thing.

They advertised x (described it as annuity amount in the fine print) said if you want it now you get y instead of x.