The lump sum option let's you take home the money that the lottery commission directly collected from ticket sales for THAT lottery, less operating costs and payouts to stakeholder programs like teachers funds. Had they made one, much smaller, payment to you the balance would've been invested in high yield stocks and bonds to net them significantly more profit which would've paid you out over time.
Instead, investing the money you collected to get the full $2B is on you. As it is income, you are still subject to federal income tax, and GOOD NEWS, the rich get taxed up to 38%. So ALLLLLLLLL that money you don't get, goes to federal aide programs like highways, military, parks, Medicare, etc.
Yes, the government benefits from the WINNER losing what everyone calls "their fair share" when billionaires earn their profits. How sad, you ONLY GET +300MILLION times your return on investment in that lottery ticket.
Instead, investing the money you collected to get the full $2B is on you. As it is income, you are still subject to federal income tax, and GOOD NEWS, the rich get taxed up to 38%. So ALLLLLLLLL that money you don't get, goes to federal aide programs like highways, military, parks, Medicare, etc.
Yes, the government benefits from the WINNER losing what everyone calls "their fair share" when billionaires earn their profits. How sad, you ONLY GET +300MILLION times your return on investment in that lottery ticket.