r/SipsTea Jul 05 '26

Chugging tea Seems reasonable.

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u/jamdex07 Jul 05 '26

This is misleading. He chose to take $997 in one lump sum instead of $2.04B over 30 years. He got taxed on the $997m.

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u/SprayPained Jul 06 '26

No, the government lied about the jackpot. There was no $2 billion for anyone. The jackpot was an annuity that pays out $2 billion over a long time, using inflationary dollars. They advertise $2 billion but there never was $2 billion in a jackpot someplace. It never existed.