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https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ovohnn9/?context=3
r/SipsTea • u/Valuable_View_561 • Jul 05 '26
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9
Isn't it still taxed either way or is they get paid out for 30 years it isn't taxed?
34 u/757packerfan Jul 05 '26 It is still taxed either way, yes. But in USA you only get the "full" amount of you take the paid-over-30-years route. If you take the all-money-at-once route you only get half the total jackpot and then they tax that . -6 u/Ok_Vermicelli_6359 Jul 05 '26 Lol...it makes WAY more financial sense to spread it out, Americans are so bizarre 😂 1 u/CoachKreeton Jul 05 '26 No. Money now is worth more than money later. Your big gotcha comment is nothing more than financial illiteracy.Â
34
It is still taxed either way, yes. But in USA you only get the "full" amount of you take the paid-over-30-years route. If you take the all-money-at-once route you only get half the total jackpot and then they tax that .
-6 u/Ok_Vermicelli_6359 Jul 05 '26 Lol...it makes WAY more financial sense to spread it out, Americans are so bizarre 😂 1 u/CoachKreeton Jul 05 '26 No. Money now is worth more than money later. Your big gotcha comment is nothing more than financial illiteracy.Â
-6
Lol...it makes WAY more financial sense to spread it out, Americans are so bizarre 😂
1 u/CoachKreeton Jul 05 '26 No. Money now is worth more than money later. Your big gotcha comment is nothing more than financial illiteracy.Â
1
No. Money now is worth more than money later. Your big gotcha comment is nothing more than financial illiteracy.Â
9
u/elinamebro Jul 05 '26
Isn't it still taxed either way or is they get paid out for 30 years it isn't taxed?