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📷 A Mega Millions sign displays the estimated jackpot of $1.35 billion at the Cranberry Super Mini Mart in Cranberry, Pennsylvania, on Jan. 12, 2023. (AP photo by Gene J. Puskar) |
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💰 We know Maine's share of taxes on the Mega Millions jackpot.
◉ The winner of the January jackpot came forward this week to claim the $1.35 billion prize as a one-time lump-sum payment through a Delaware company that allows for anonymity.
◉ The lump-sum payment is good news for Gov. Janet Mills' budget, meaning the state will bring in $51 million in one-time taxes on the prize during this two-year budget cycle. The federal government will take roughly $173 million.
◉ If the winning ticket were not purchased in Lebanon but a mile away in New Hampshire, the winner would be even richer due to our neighbor's lack of a state income tax. But the winner probably does not mind the tax bill.
4️⃣ Another effort to lengthen legislative terms probably isn't going anywhere.
◉ Four-term limits were imposed on Maine legislators in a 1993 referendum whose effect on State House politics is often hotly debated among observers. Both parties have skeptics on term limits, but they have long been a distinct minority, and there has been little movement toward changing them.
◉ A bipartisan group of sponsors led by Rep. Bruce White, D-Waterville, have a constitutional amendment proposal printed this week to increase term limits to four years, up from two years now. Sen. Brad Farrin, R-Norridgewock, is behind the bill, just as he was on the last attempt to do this back in 2019.
◉ But that try showed the hard road that these changes face in Augusta. Despite a bipartisan mix of sponsors including then-House Speaker Ryan Fecteau, D-Biddeford, it only won 20 votes in the House and was swiftly killed in the Senate without a roll-call vote. |
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What we're reading 🌬️ Maine's offshore wind plan will take years to execute.
🔑 Bangor is close to passing a tenants-rights ordinance without rent control.
🏙️ Neon signs and new color schemes harken back to the Queen City's heyday. Here's your soundtrack.
🥶 It's going to be a frigid weekend in Maine.
📝 The BDN's Valerie Royzman, the daughter of Ukrainian immigrants, reflects on the anniversary of Russia's invasion. |
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