They won $96ish million, took the lump payout of $57 million.
How the fuck can you win 96 million on a lottery and only receive 57 mil?
Is that a Freedom©®™ thing the rest of us wouldn’t understand? 😂
In germany the lottery is state owned and the tax is applied before money is added to the jackpot. So if the jackpot is 50mil you get 50mil
Nope, that’s not what reduced it. It was the lump pay out. You only get the full amount if you take the 21 year payout.
I don’t understand being taxed on winnings, to be honest
But yous get taxed on working abroad 😂😂
You have a choice: get 57M or get an annuity that costs 57M and pays out 96M over two decades
If you took the 57 million and invested it in an index fund you would probably do better than 96M over the same timespan, though you would probably be taxed more and have to be responsible enough to not spend the money instead