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re: There was $273,869,273 in other prizes won and the pot split 3 ways

Posted on 1/14/16 at 8:35 am to
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 1/14/16 at 8:35 am to
quote:

So the $273 mil in other prizes is paid how?


The lottery. I don't think all the money from the lottery goes towards the jackpot but I may be wrong.
This post was edited on 1/14/16 at 8:51 am
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167767 posts
Posted on 1/14/16 at 8:40 am to
So the 3 winners split the $930 million lump sum? So about $200 million each after taxes?
Posted by tiger 56
Severn, MD
Member since Dec 2003
1691 posts
Posted on 1/14/16 at 8:40 am to
You are correct. The jackpot and other prizes is less than the total taken in.

Remember when they started the lottery in Louisiana and said all the profit would go to education? The state gets a share beside the income tax paid by winners.
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