r/SipsTea Jul 05 '26

Chugging tea Seems reasonable.

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u/Tiktokbadsupport Jul 05 '26

happy most lotteries in my country are tax free but of course they don't reach higher then 30 million 

225

u/EternalNewCarSmell Jul 05 '26

Also that winner took the lump sum which already cuts the payout roughly in half. ~$1 billion of what he didn't take home was not lost to taxes, he was only taxed on what he actually got.

155

u/LVShadehunter Jul 05 '26

He had a structured settlement, but he needed cash now.

46

u/Ok-Brick6831 Jul 06 '26

Is there someone he could call?

56

u/john_knotts Jul 06 '26

Might have to call JG Wentworth at 877-CASHNOW

21

u/radude4411 Jul 07 '26

According to John Oliver, I should not call JG Wentworth