ext_5381 ([identity profile] rhicat.livejournal.com) wrote in [personal profile] conuly 2009-06-25 06:59 pm (UTC)

IIRC from when I worked a Lotto machine, you lose 30-40% to taxes depending on how you take your winnings. The least amount is taken out if you choose payments spread out over twenty years. Most people choose lump sum which the state takes the biggest chunk.

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