SuperLotto 6/49 Draw
Winning Number: 01-40-19-18-03-12
Jackpot Prize: Php 54,117,039.60
Evening Draw Date: 7/24/2012
no winner
Winning numbers in any particular order..
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Tuesday, July 24, 2012
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Lottery Cash Option Query
Obtaining a debate using a buddy with regard for the lottery cash option(using the money possibility).
When someone wins a massive amount of revenue within a lottery (say ten million), they've the possibility of having it all at the moment (the money possibility). Having said that for those who do that you receive like 1 / 2 of it. My buddy says this can be as a consequence of taxes. I only say this can be only the method the guidelines are and that you're also taxed just after the 50% or in order that is slowly removed inside the starting. So in accordance with my buddy for those who took the money possibility of ten million you receive five million. I only say you promptly reduce to 5 million (lottery rule), then that 5 million is taxed, which means you get like 3 or 2.5 million. Who's ideal?
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