Most of that money doesnt go to Jamal, it gets embezzled by politicians into their yachts and mansions.
Angel Flores
They should only advertise the prize you win... never understood why this country always tells you pretax numbers...
Wyatt Wood
Fugg I want $433m
Nathaniel Murphy
Taxes vary depending on jurisdiction, bucko.
Gavin Cruz
Also, for those that dont know, the lottery is rigged and only people with inside knowledge win. How else does someone win this shit twice?
Kayden Martin
who won twice?
John Hill
my state doesn't collect tax on lottery, so its mostly hiding the federal government tax. they should instead collect a portion of the lottery tickets and have the prize be untaxed
Kevin Cook
>66% tax We should be asking ourselves why corpohomo billionaires aren't taxed at the same rate for what is also essentially gambling of assets
Leo Morris
>Jamal's EBT 16% of people receiving social services are black, 25% are white also 40% of welfare recipients are under the age of 18
Zachary Gomez
This. It's absolute fuckery.
Alexander Brown
>16% of people receiving social services are black, 25% are white Now offset for the white majority and see who eats up the most proportionally.
Daniel Hughes
Cool, there are also 5x more white people than black people, do that math brainiac
Charles White
scotus determined that consent is required wrt irs if youre too stupid to figure how it works then hit the books a bit longer
Elijah Parker
>Canada >USA >population ratio/per capita
Learn to critically think you leafy faggot.
Cooper Murphy
How the fuck is the government taking 66% of it? The top capital gains rate is 20%.
Jose Johnson
Who gets the other 59%, leaf?
Jacob Green
the IRS they win every time
Colton Diaz
It’s weird that you pay tax on lottery winnings, in the UK it doesn't happen. If you win here you get the entire jackpot tax free.
Matthew Smith
>40% of welfare recipients are under the age of 18 ? Minors can't cash checks or have credit cards, which is what EBT cards are. The fuck are you tlaking about? You mean Shahneeqya is getting welfare for her 5 absent-baby-daddy-spawn.
Caleb Perry
No remorse for anybody dumb enough to remain in Illinois, even less for Cook County.
Michael Butler
This isn't very honest. The prize of 1.3 billion would be paid out if you chose the annuity option, receiving money over time rather than a lump sum. If you choose the lump sum, you would actually receive about 750 million in winnings before taxes, which would end up chipping it down to around 450 million take-home pay. It's still bullshit, but at least try to be honest about it.
I haven't seen the calculation, but the 1.28 billion is not the lump sum payout. They lump sump payout is somewhere along the lines of 800 million. Then you have federal tax which tops at 37% and then whatever state tax which for me tops at an additional 10%. So at the end of the day the government is going to take around half of your lump-sum winnings, which is already 2/3 of the prize. So you walk away with 1/3 of the total prize. Remember that the next time you buy a lotto ticket; the prize amounts are rigged and you will only get 1/3 of the advertised prize money.
Eli Anderson
Just wait 30 years for your money bro
Landon Ortiz
Most of it actually does go to welfare
Adam Lewis
Taxes are actually too low. The middle class, working class and poor keep voting for more programs but don't pay any taxes. This has results in huge deficit spending that the federal reserve must monetize, which has led to everyone paying for the spending through inflation. Ironically the people this hits the hardest are the ones who barely don't meet the requirements for government aid. They vote for these programs, don't get them, and their cost of living soars. They played themselves.
Wyatt Rogers
I'd take the lower lump sum too, don't get me wrong. Still far more money than I would spend in a lifetime, especially if you get some reasonable investments going. Just disagree with the misleading numbers is all.
Charles Carter
That's still 25 million dollars a year. You can't live well on 25 million dollars a year?
Lucas Thompson
tax money actually does go to jamal, politicians get their cut from bribes and kickbacks, they don't actually dip into the tax money since that shit is accounted for
Gabriel Russell
The parents can get welfare in their kid’s name, it’s why anytime a libtard tries to tell you an illegal can’t get welfare is a lie as they’ll get EBT, WIC, SNAP and other goodies for their anchor baby kids.
Parker Jenkins
You're assuming the lottery (and the US) even exist as entities for the next 30 years.
Andrew Long
1 in 4 blacks receive welfare 1 in 11 whites receive welfare This is according to your own numbers. Blacks are almost 3x more likely to be a net drain on society.