they should put a ceiling on the winning ticket at hundred million and if no one wins keep putting money into the lower winners.....
The federal government will skim 39% off the top
Not that I gamble but that seems a better idea to me.
when i lived in cal they had a big win almost a billion, one guy got 4 of the 5 numbers and picked up around 3000 bucks....he should have been somewhere in 6 digit realm for that....
there was scratch off in california were you can win 500 quite often....my nephew won that one 3 times...
But said person can walk into his or her job and tell the boss to kindly stick it. Thats empowering. A great day very few get to do. Imagine being 40 and retired. The ultimate
Someone's having a great Christmas!
And not showing up to work anymore. Planning a vacation too.
He will probably still get by with close to 600 million
Being that wealthy now means he gets to live by a different set of rules than the lowrr 90 percent have to endure.
| Tax Component | Amount |
|---|---|
| Cash Lump Sum Value | $834.9 million |
| Federal Tax (24% + 13%) | $308.9 million |
| Arkansas State Tax (3.9%) | $32.6 million |
| Total Taxes | $341.5 million |
| Take-Home Amount | ~$493.4 million |
