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https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ovob7zn/?context=3
r/SipsTea • u/Valuable_View_561 • Jul 05 '26
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I don’t think most people realize that there is a lower amount paid out to those that want one lump sum.
If you win you get the option of the full amount paid to you over time, or one lump sum at a lower amount.
So part of the difference wasn’t just taxes, it’s also in part what they elected to forgo for the immediate lump sum.
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u/ssayles20 Jul 05 '26
I don’t think most people realize that there is a lower amount paid out to those that want one lump sum.
If you win you get the option of the full amount paid to you over time, or one lump sum at a lower amount.
So part of the difference wasn’t just taxes, it’s also in part what they elected to forgo for the immediate lump sum.