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Old 06-06-2015, 05:25 PM  
Mr Pheer
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Join Date: Dec 2002
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Quote:
Originally Posted by clickity click View Post
The winning ticket matched all six of the numbers drawn. Whoever owns it can choose to receive the prize in 30 annual installments or a lump sum of more than $119 million before taxes.

Shouldn't that be after taxes?
No.

The lump sum is a much lower amount than the total would be if you took the annual payments.

And then taxes come out.
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