Birdwatch Note Rating
2023-08-04 20:36:30 UTC - HELPFUL
Rated by Participant: 93799C6F500E47080AF197CBAEE89D213BEC1333785AB0D77B2E623B27F9E6A7
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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