Birdwatch Note Rating
2023-07-20 21:57:26 UTC - HELPFUL
Rated by Participant: 6FDB53C7A488E285C8DBE838119DF2BCA0ED7F08DC183298283EA8D48B770902
Participant Details
Original Note:
Any large lottery payout is advertised as the total that would be eventually paid out if the winner took it as a 30 year annuity. If the winner takes a lump sum, only about half the advertised value is paid. Of that, the IRS withholds about 24%. The IRS wins ~137M here. https://www.usatoday.com/story/graphics/2023/07/18/1-billion-powerball-after-taxes/70423514007/
All Note Details