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junction · 08-11-2003, 01:45 PM

If you take the lump sum option from the California lottery, then 91 million would actually get you approx: 22.75 million.

The cash option immediately cuts the money in half. Now deduct 40% for tax. The rest is yours.

08-11-2003, 01:45 PM
junction Confirmed User Industry Role: Join Date: Dec 2002 Location: Midwest Posts: 2,411	If you take the lump sum option from the California lottery, then 91 million would actually get you approx: 22.75 million. The cash option immediately cuts the money in half. Now deduct 40% for tax. The rest is yours.