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All articles tagged with #payout

Zaslav’s WBD-Paramount Merger Windfall Nears $900 Million
business24 days ago

Zaslav’s WBD-Paramount Merger Windfall Nears $900 Million

Deadline reports Warner Bros. Discovery CEO David Zaslav’s merger payout could top $700 million, potentially reaching about $886.8 million when including cash severance, unvested equity, perquisites, and a $334 million tax reimbursement; after adjustments (including $115.7 million in vested stock options) the minimum exit package is around $711.4 million, with the deal expected to close in Q3 2026 and ticking-fee provisions that could raise the total.

via Deadline|
#business#merger#paramount
Google Settles for $700 Million, Offers Payouts to Eligible Users
technology2 years ago

Google Settles for $700 Million, Offers Payouts to Eligible Users

Google has agreed to pay $630 million as part of a settlement for an antitrust lawsuit over its Google Play Store, with an estimated 102 million people eligible for a payout. Around 70% of those eligible can expect to receive automatic compensation, with each person receiving at least $2 based on their spending on the Google Play Store. Eligible individuals will be notified via email, and those with PayPal or Venmo accounts linked to their Google Play Store email address will receive payment through those platforms. The process for the remaining 30% to file a claim for their money is yet to be determined.

via Business Insider|
#antitrust-lawsuit#google#google-play-store
"Powerball Jackpot Soars to $572M: What's the Payout for an Oregon Winner?"
finance2 years ago

"Powerball Jackpot Soars to $572M: What's the Payout for an Oregon Winner?"

The Powerball jackpot has reached $572 million, but a winner would only take home about two-thirds of the advertised prize due to taxes and payout options. The cash lump sum payment is worth about $286.7 million, while the annuitized option is $572 million. After taxes, a winner could expect to receive around $180.7 million with the cash option or $361.5 million with annuitized payments. Oregon residents would receive among the smallest payouts in the nation, as the state withholds an 8% tax on prizes worth $1,500 or more.

via KOIN.com|
#finance#jackpot#lottery
Mizzou Football Sets School Record with USD Payout
sports2 years ago

Mizzou Football Sets School Record with USD Payout

The University of South Dakota (USD) is set to receive a $650,000 payment from Missouri for participating in a football game, believed to be the highest one-game payout in USD's history. These "guaranteed games" are crucial for FCS programs' annual income, with the payment representing roughly 10% of USD's non-subsidized revenue. The matchup against Missouri is the Coyotes' first against an SEC opponent, and they have a record of 2-12 against FBS opponents since joining the FCS ranks in 2008. USD has future games scheduled against power conference opponents such as Wisconsin, Iowa State, and others.

via Mitchell Republic|
#college-athletics#football#missouri
"Record-breaking Mega Millions jackpot reaches $1.55 billion with no winners"
lottery2 years ago

"Record-breaking Mega Millions jackpot reaches $1.55 billion with no winners"

The Mega Millions jackpot has reached a staggering $1.55 billion after no one won Friday night's drawing. This marks 31 consecutive drawings without a jackpot winner since April 18. The odds of winning the jackpot are 1 in 302.6 million, making it incredibly difficult. The prize can be claimed as a lump sum of approximately $757.2 million or paid out over 30 years through an annuity. Taxes will significantly reduce the final payout.

via KABC-TV|
#jackpot#lottery#mega-millions
Navigating the $1 billion Powerball jackpot: expert advice on taxes and winning strategies
finance2 years ago

Navigating the $1 billion Powerball jackpot: expert advice on taxes and winning strategies

Powerball's jackpot has reached $1 billion, but the after-tax payout for winners will vary depending on their chosen payout option and state taxes. Winners pay an automatic 24% federal withholding tax, and an additional 13% in federal taxes when filing their tax return. State income taxes range from 2.9% to 10.9%, with eight states not charging income tax on lottery winnings. The after-tax amount for the $1 billion jackpot varies by state, with lump sum payouts ranging from $269 million to $325 million, and annuity payouts ranging from $522 million to $631 million.

via CNBC|
#finance#jackpot#payout
Claim Your Share of Google's $23 Million Privacy Settlement
technology2 years ago

Claim Your Share of Google's $23 Million Privacy Settlement

Google has agreed to pay $23 million to settle a class-action lawsuit filed against it a decade ago, which accused the company of storing and repeatedly divulging users' search queries and histories to third parties via "Referrer Headers." If you used Google Search between October 2006 and September 2013, you may be eligible for a payout of up to $7.70. The deadline to file a claim, exclude yourself from the settlement, or object to the settlement is July 31. The court will decide whether to approve the settlement in a hearing set for Oct. 12.

via Investopedia|
#google#lawsuit#payout
Tesla to pay $3.2M to Black ex-worker in racial discrimination suit.
business3 years ago

Tesla to pay $3.2M to Black ex-worker in racial discrimination suit.

A Black former elevator operator at Tesla’s Fremont factory, Owen Diaz, has had his payout in a racial bias lawsuit reduced from $15 million to $3.2 million. Tesla has been ordered to pay Diaz $175,000 in damages for emotional distress and $3 million in punitive damages. Diaz first sued Tesla in 2017, claiming the company failed to act when he repeatedly complained to managers about employees frequently calling him racist slurs and drawing swastikas and racist caricatures on walls and work areas. Diaz and his lawyers rejected the $15 million, which included $1.5 million in compensatory damages and $13.5 million in punitive damages, claiming it was unjust and wouldn’t deter future misconduct from Tesla.

via TechCrunch|
#business#discrimination#lawsuit