Birdwatch Note Rating
2023-08-04 23:04:05 UTC - HELPFUL
Rated by Participant: EAA727B3E71D11CC728B3B15A4B8E5283B482D2571437517E5FC0A0A36E9933A
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
All Note Details