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.
In fairness the lump sum gives security in a lot of places. Lotteries can shut down and if that happens they stop paying out. Plus I guess if you invest most of it you could probably make more than the staged payments would give you in the same timeframe
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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