493

jackpot (programming.dev)

submitted 1 year ago by sizeoftheuniverse@programming.dev to c/memes@lemmy.ml

43 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] ivanafterall@kbin.social -3 points 1 year ago

But you didn't need to do back-of-napkin math, at all. He got $433.7 million.

[-] TheChurn@kbin.social 16 points 1 year ago

The 433.7 million is after paying taxes on the lump sum.

Nominal Jackpot: 1.2B
Lump sum: ~600 M
Taxes on lump sum: ~167M
Post-tax winnings: 433.7M

[-] Got_Bent@lemmy.world 15 points 1 year ago

My point was that the IRS didn't take the eight hundred million stated, but probably closer to two hundred million.

But we all love to get angry about anything and everything, especially when we think we've scored Internet gotcha points, so enjoy.

this post was submitted on 29 Jul 2023

493 points (91.7% liked)

Memes

45727 readers

650 users here now

Be civil and nice.
Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago

MODERATORS