Not taxing the winnings at all, or just taxing them before they get into the pot, might be the easiest solution, I guess. My only contention with that is, well, now we’re just edging into the fact that I don’t really like lotteries. Certainly not on this scale.
But the amount is also variable as it’s not a lump sum…
If you take lump sum and not the 30 year annuity, you take about a 50% hair cut off the prize money alone.
Hmm…
I mean, they could advertise the 30-year annuity as a separate number, then. There are still ways to make this work. I’m just saying, not framing taxes as if they were a punishment would make the whole thing much less annoying.
Not taxing the winnings at all, or just taxing them before they get into the pot, might be the easiest solution, I guess. My only contention with that is, well, now we’re just edging into the fact that I don’t really like lotteries. Certainly not on this scale.