Quote:
Originally Posted by Robbie
It's a ripoff no matter how you look at it. 
Of course that guy (or you or me) would be happy as hell with 50 million dollars. But goddamn....2/3's of his money?
And it shouldn't matter if he wants it all at once (which is the way it should be). The govt. just finds a way to screw you no matter what. |
Another shitty thing is that they don't tell you this up front when you buy the ticket. So you win 200 million and think you are getting 200 million then end up with 45 million. Still it is a ton of money, but its a ripoff.
Most states will pay you the full amount if you take the annual payments over 25 years. They probably force the lump payouts to take half because they don't want to come up with it all at once.