ST Alpha - "The lump payout at this point is 462mil -- after fed taxes --- 346mil." (Reading a Post)

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Posts: 156

The lump payout at this point is 462mil -- after fed taxes --- 346mil.

Posted by Will Hunting (aka JoeMetz) Mar 30 '12, 09:15

a single Maryland winner would after state taxes, take home 300mil.

Responses:

Also, each share would be about $675k before state tax implications. -- nm - Will Hunting Mar 30, 09:22 1
- woohoo! 2 mil. before taxes! I can live with that. -- nm - sycor Mar 30, 09:26
I'm in the minority probably, but for passive gains like this I think the taxes could/should be higher. - ty97 Mar 30, 09:21 16
- pinko commie bastard -- nm - CQ: Mega Disaster Mar 30, 09:27
- I agree, just.....AFTER we win. -- nm - CrankYanker Mar 30, 09:27 1
  - Fine. *cancel afternoon train to DC* -- nm - ty97 Mar 30, 09:29
- [deleted]
- I will cut our your tongue and feed it to you. -- nm - David Mar 30, 09:26 1
  - [deleted]
- Your meaning of passive doesnt match irs. Just saying. -- nm - tRu Pad Mar 30, 09:26 5
  - [deleted] 3
    - I dont believe that the irs considers lottery winnings as part of passive income, - tRu Pad Mar 30, 09:32 2
      - [deleted] 1
        
        Im pretty sure i have an irs definition of passive income. But its a moot point. -- nm - tRu Pad Mar 30, 09:38
  - Understood. These are my own definitions, I guess -- nm - ty97 Mar 30, 09:28
- [deleted]
- friggin' Socialist ^^^. -- nm - Lotto Winning Mel Profit Mar 30, 09:24
- Shut your mouth. -- nm - con_carne Mar 30, 09:23
- This. -- nm - TWuG Mar 30, 09:22
[deleted]
Hmm. My supposition above doesn't work out to a guaranteed profit, then. -- nm - Beryllium Mar 30, 09:18

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