The deferred payment plan’s amount is based on the Lottery’s income from people buying lottery tickets being invested for twenty years. The intere...t and dividends accrued in twenty years is why the deferred payment option is so much higher than the cash option. Then we lose forty percent of the cash payment amount to Uncle Sugar for Federal Income Tax. The overall result is our after-tax winnings are about thirty-six percent of the deferred payment amount.“Still, our total winnings after taxes. She quickly moved to answer. Her heart sank when she saw the officers. ‘Mrs. Phillips,’ the taller and older lawman began. ‘We don’t want to tell you this, but your daughter Cindy, along with her classmates, were killed this afternoon when a gas leak in their school ignited.’ Maria Phillips passed out, unable to handle the terrible news. They recovered Cindy’s body. Her father, a man that long abandoned Maria because he could not understand the woman’s abnormal devotion to their daughter, came. More

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