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I don't know the pay schedule, but I imagine it's spread out over a few years. If so, he will probably sell it to JG Wentworth or something similar, for 30% of the value for a lump sum. That lump sum will then buy a new truck, house and boat. Taxes will not be paid and they will be liquidated to cover said taxes. Timeline-4 years.
Or, he could be someone who values a dollar and realizes that it's really not that much. Puts into solid investments and lives off of the interest. Timeline-the rest of his life.
winning the lotto is a scarey thought!
I had been looking for my cousin now I found him! we're coming to see you cousin! can you send me a bus ticket cousin?
Looks like Ma Zarate gets a new Mazarati. Better head for the hills, indeed. Better hire a money manager, too or otherwise be broke in a couple of years. This could be the best thing and/or the worst thing ever to happen to this guy.
Why do these people's names get put in the newspapers? This should be a private thing. This poor man and his family are going to be tormented.
HIDE.....NOW! The vulchers will be a comin'