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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 8:42 am to
Posted by ForeverLSU02
Albany
Member since Jun 2007
52188 posts
Posted on 1/14/16 at 8:42 am to
quote:

The cash value, or lump sum total, of Wednesday's jackpot was $929.9 million.
quote:

If each takes the lump-sum payout, each winner will take home $187.2 million. None will have to pay state taxes -- neither Florida nor Tennessee has a state income tax, and California has a decades-old law that exempts lottery winners from paying state taxes. So they'll all only have to pay 39.6% in federal taxes.
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167856 posts
Posted on 1/14/16 at 8:44 am to
quote:

So they'll all only have to pay 39.6% in federal taxes.


ONLY 39.6%...only...
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