tigue710
Well-Known Member
So I was reading on the CT lottery site about a guy who one 1,000,000 dollars on a scratch ticket! I mean wow, any amount of money from the lottery is fine by me, but here is the catch.... this is copied and pasted from his story quote:
Lottery officials presented ******** with a ceremonial check for $1,000,000, and also a cashable check in the amount $434,842. The top prize in $70 Million Blockbuster is payable as either an annuity or lump sum; ******** opted for the one-time cash lump sum, valued at $621,200 (before taxes).
434,842... thats less then half a million? but I thought he won a million? So he took the lump sum, and taxes? Is it just me, or does this seem criminal? Shouldn't the ticket say, you just won half a million and donated half a million to the state? who made billions in lotto revenue already this year?
Lottery officials presented ******** with a ceremonial check for $1,000,000, and also a cashable check in the amount $434,842. The top prize in $70 Million Blockbuster is payable as either an annuity or lump sum; ******** opted for the one-time cash lump sum, valued at $621,200 (before taxes).
434,842... thats less then half a million? but I thought he won a million? So he took the lump sum, and taxes? Is it just me, or does this seem criminal? Shouldn't the ticket say, you just won half a million and donated half a million to the state? who made billions in lotto revenue already this year?
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