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Old 08-07-2013, 11:13 PM
finesse_r finesse_r is offline
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First of all it is not a cash number. It is a prorated payout number. To get the cash value you have to do a present day value of a future income stream calculation, which usually goes out to bidders. I would guess you end up with roughly 2/3 of the 400 million. Then the IRS wants their 1/3 of that. So I would guess you end up with roughly 170 million +or- 10 million or so for a final pay out in after tax dollars, less any state taxes.

Then you have to figure there will be 5 or 6 winners so divide that by say 5 or 6 and and you might walk away with 30 million or so. Its called lottery math.

Still that should keep some of us in razor blades for a while.



LOL
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