r/SipsTea • • 9h ago

Feels good man $3 MILLION field goal attempt

403 Upvotes

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u/Responsible-One8104 9h ago

Do the American government come in and take 50% then? 🤣

0

u/RupertEscapeHolmes 8h ago

33% of any lump sum payment/winnings, unless the irs has changed it’s shitty laws in recent years.

1

u/brawlrats 6h ago

Taxed at ordinary rates just like wage income. Ordinary rates go up to 37%.