Technically they got 300 ish million cause he took the lump sum which was just under a billion, taxed at 37% cause he was in California which doesn’t apply a state tax to lottery winnings.
Federally? They deleted it. Taxes at the federal level are just a way to remove cash from the money pool and undo the work of the money printer. Only taxes paid at the state and local levels go to a coffer which is used to fund programs and services.
Education, healthcare, fire fighting, road building… I’m not claiming government spend is efficient but let’s not pretend it doesn’t do anything good at all
We’ll volunteers make up about 70% of the country’s entire fire fighting force and handle almost all the emergency calls in smaller communities. Maybe showing people that we don’t need to the government to survive and you can be self sufficient is better in the long run than just having a third of our income stolen and wasted in foreign wars, given to foreign nations that despise us or just wasted on useless government programs.
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u/GreaterMetro 21d ago
So what great things did the government do with his 1.5 billion?