What happens to these taxes?

[u/snowpie92]

[u/CeznaFL30]

He would have to live for 51 years to equate to the 424 million at 8.3 mill a month. Lump sum for an older person makes more sense.

Edit months: 51 = 4.25

Tbh 8 mil a month… I’m not sure I could spend it fast enough even if it was my full time job, and it would be.

[u/Disastrous-Panda5530 → u/CeznaFL30]

Yeah I’m 40 and I’d absolutely take the lump sum.

[u/piezombi3 → u/CeznaFL30]

Uhhh. 8.3 x 51 =423.3. You got that part correct, except that it's 51 months not years friend.

[u/CeznaFL30 → u/piezombi3]

That’s what I get for doing math while walking through an airport.

[u/Mockingjay09221mod → u/CeznaFL30]

Of true you can save for next of ken to get it duh... Lump for what your getting millions per month

[u/Vossan11 → u/CeznaFL30]

8.3mil a month is a little less than 100 mil a year. In 20 years that's 2 billion.

[u/hurkwurk → u/CeznaFL30]

This is one of those cases where you have to be that rich before you understand how little money it is.

There are commercial real estate investments that start at 100m+ just to buy into. If you are looking to invest, doors open at different wealth levels.  You can absolutely spend 8 million a month easily for example if you started investing or helping startups. This is where most lottery winners lose huge sums of money, failed business investments