Originally Posted by
ISP James
right i got that but you are including the income taxes on it, which i mentioned in the past, there has been a cash stipend that comes with the winnings to help handle the taxes. so chances are, you wouldnt have to come up with 700k for federal income tax... at least not the whole 700... so depending on how much, if any cash is part of the grand prize, it is possible that a 100k earner could afford to live in the place.
myself, id just sell the mf, if for no other reason than because its is on the opposite side of the country... regardless of taxes... there are a few nice lakes here in NY i would be able to choose between and build on with the proceeds from the sale.
Their prize is valued at 2.2Million there is no stipend to pay the Fed it's 700K+ listed in the prize package. There is another home in that subdivision listed right now for 2.9M.