View Single Post
Old 12-26-2002, 01:00 PM  
BazookaDog
Registered User
 
Join Date: Aug 2002
Location: Just North of the F.I.B's
Posts: 46
Quote:
Originally posted by Sambuka
And you know, if you win and get 350 million, the IRS comes along and takes half of it off you, and you get dripped feed the rest over 20 years I think...
There's a lump-sum cash option...the pot is smaller, but you don't sit around for 20-30 years.

If the winner elects the cash option, he/she's going to walk away with $100,000,000 after taxes according to reports...in one lump sum.
__________________
  • Do You Need More Search Engine Traffic?
    Get Higher Rankings By Identifying What Your Visitors Are Actually Looking For Before You Optimize & Submit.
BazookaDog is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote