Birdwatch Note Rating
2023-08-04 20:27:30 UTC - HELPFUL
Rated by Participant: 1015AABFCFDD8B236A1F4DF1563494D650A2C98736F1743F129AE4E3D5D98FB7
Participant Details
Original Note:
The IRS would not get an estimated $300M "immediately." The $1.25B jackpot is the annuity amount, so the $300M would be paid over a period of 30 years. If the winner chooses the lump sum ($625M), the 24% withholding amount would be $150M. https://www.cnbc.com/2023/08/03/mega-millions-jackpot-hits-1point25-billion-how-it-helps-the-government.html
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