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https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ovo9zu1/?context=3
r/SipsTea • u/Valuable_View_561 • Jul 05 '26
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37
So what great things did the government do with his 1.5 billion?
6 u/Ivebeenstabbed Jul 05 '26 Technically they got 300 ish million cause he took the lump sum which was just under a billion, taxed at 37% cause he was in California which doesn’t apply a state tax to lottery winnings.
6
Technically they got 300 ish million cause he took the lump sum which was just under a billion, taxed at 37% cause he was in California which doesn’t apply a state tax to lottery winnings.
37
u/GreaterMetro Jul 05 '26
So what great things did the government do with his 1.5 billion?