Quote:
Originally Posted by BoredOutOfMyMind
This question would depend on how one received the money?
$1000000 cash? annunities? tax deferred? tax free?
I know a lady who won $250000 on a slot machine. She would up with only $130000 after taxes. She bought a secondary house and blew the rest on a new Harley and truck.

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ONLY $130,000? Poor thing!