

I agree with what you’re saying and also it feels worth pointing out how pervasive the rhetoric of profitability has become.
We don’t talk about the military running at a loss, or the department of transport, or any other part of the government. We talk about their cost, because that’s really what it is. Services don’t “lose” money, they cost money.
No, the top tax rate is 37%.
With lottery prizes, the full amount is usually only available as annuity payments over 20-30 years. If you pick a lump sum, it’s typically only 40% of the full amount.
This winner chose the lump sum payment, so his lottery prize was about $600,000,000.