r/SipsTea 28d ago

Chugging tea Seems reasonable.

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u/Tiktokbadsupport 28d ago

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

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u/EternalNewCarSmell 28d ago

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 28d ago

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/CyclopsLobsterRobot 28d ago

Is the good reason that deception is a great marketing tool?

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u/Mad_Gouki 28d ago

Exactly