Hitting the lotto, how can they tax so much?
January 30th, 2010VA brotha asked:
That 23 year old in S. Dakota that hit the lotto for 234 million dollars and choose the lump sum and got 88.5 million. My question is, how do you get taxed 146 million dollars of your 234 million. Your paying almost twice as much in taxes are you are actually getting.
Mark
That 23 year old in S. Dakota that hit the lotto for 234 million dollars and choose the lump sum and got 88.5 million. My question is, how do you get taxed 146 million dollars of your 234 million. Your paying almost twice as much in taxes are you are actually getting.
Mark









