[quote][b]Posted by:[/b] Scottus4 [quote][b]Posted by:[/b] Mastergee You get 575000 dollars taken off in tax?[/quote] You don't actually win a million dollars. You win an annunity that pays out a million dollars over a period of time. When you take tax out, the true present value is that 425,000$. [/quote]You can usually choose between that and a lump sum, though. The story indicates that he chose the lump sum payout, and when you do that, they do usually pay you less even [i]before[/i] taxes.