Comments about ‘Tip for those who win millions in big lotteries: Avoid big purchases’

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Published: Tuesday, Feb. 18 2014 12:00 a.m. MST

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Buckeye, AZ

Lousy headline. It's misleading as the headline indicates the story is a tip for winners about avoiding a large purchase. The article never says why, but instead ends up being an advertisement suggesting all these large purchases one could make if you were a jackpot winner.

Here, UT

I'd like to win a big lottery, but I'd have to buy a ticket first. I guess it ain't gonna happen any time soon.

A Guy With A Brain
Enid, OK

Article quote: "A single winner (of a $400 million pot) taking the lump sum payout would end up with about $230 million. Opting for the quick cash grab, accounting for taxes, would still leave more than $100 million to invest wisely."

So out of $230 million, after Uncle Sam takes his cut, you get only $100 million?!?!?!

That's about a 55% tax rate!

Our federal government: greedy to the end and clueless, to boot!

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