Speaker 1: My friends, I enjoy things that are well made. Take
Speaker 1: cigars for example. The details are what matter. A proper assembly,
Speaker 1: properly rolling the cigar is essential. For a good draw,
Speaker 1: the feel and the look of the rapper has to
Speaker 1: be just right. Well. Details also matter when it comes
Speaker 1: to home security, and simply Safe Home Security pays attention
Speaker 1: to the details. It's evident in their use of tech
Speaker 1: and craftsmanship. Their focused on creating the most reliable security
Speaker 1: for your family shows in the details. Simply Safe centers
Speaker 1: are small, they don't destroy the look of your home.
Speaker 1: The system is easy to set up and use. They
Speaker 1: made sure that it works even in the event of
Speaker 1: power outages are down wires, and unlike other home security companies,
Speaker 1: Simply Safe never asks you to sign a contract. See
Speaker 1: how good Simply Safe really is. Right now, get ten
Speaker 1: percent off your system at simply Safe USA dot com.
Speaker 1: That's simply Safe USA dot com. Ten percent off simply
Speaker 1: Safe USA dot com. This past weekend, the Powerball jackpot
Speaker 1: was almost six hundred eighty eight million dollars divided between
Speaker 1: two winners. One was from Iowa and one was from
Speaker 1: New York, So that's three hundred and forty four million
Speaker 1: dollars each, right, No, my friends, no, no, no, no, no,
Speaker 1: not even close. CNBC looked at the winners tax bill. Now,
Speaker 1: they can choose to take their prize as a lump
Speaker 1: sum or spread over thirty years. Now, let's say they
Speaker 1: choose the lump sum. They start with about two hundred millions.
Speaker 1: The Feds take twenty four percent off the top and
Speaker 1: more when winners file their taxes. After federal taxes, the
Speaker 1: winnings are down to roughly a hundred twenty five million
Speaker 1: dollars each. New York and Iowa state taxes bring the
Speaker 1: winnings to about one hundred seven million dollars each, and
Speaker 1: then come the local taxes. The bottom line, the winners
Speaker 1: who started with three hundred forty four million will pay
Speaker 1: almost forty five percent of their prize and taxes. That's
Speaker 1: a shame. Are you stunned? You maybe even feel sorry
Speaker 1: for the winners who have to fork over so much
Speaker 1: on a prize they won. Probably not. You think it's
Speaker 1: still a lot of money. Let me ask you this, then,
Speaker 1: Do you feel the same for people forced to pay
Speaker 1: those taxes on money they have earned? Not one. A
Speaker 1: lot of people pay the same amount of money on
Speaker 1: money they earn. How do you feel about that? You
Speaker 1: probably don't care either, because it isn't you