Confirmed with Link: Meme/Like Thread 6 - A new season on the horizon

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That's disingenuous. The prize of $1.28 b is if taken as an annuity with equal annual payments over the span of 30 years. The lump sum payout before taxes is only $747.2 m. Forbes could have made a legitimate point using the appropriate numbers. Hmm . . . I wonder why they might deliberately misrepresent the situation? :sarcasm:
 
That's disingenuous. The prize of $1.28 b is if taken as an annuity with equal annual payments over the span of 30 years. The lump sum payout before taxes is only $747.2 m. Forbes could have made a legitimate point using the appropriate numbers. Hmm . . . I wonder why they might deliberately misrepresent the situation? :sarcasm:
Cause they used the lump sum calculation
 
That's disingenuous. The prize of $1.28 b is if taken as an annuity with equal annual payments over the span of 30 years. The lump sum payout before taxes is only $747.2 m. Forbes could have made a legitimate point using the appropriate numbers. Hmm . . . I wonder why they might deliberately misrepresent the situation? :sarcasm:
If you did take the annuity, it would pay about $24 million. year after taxes.
 
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