How was the Rodney King Settlement funded?

first, a third of it, at least, went to the lawyer. The rest was tax-free as personal injury, paid out as a 'structured settlment' either monthly/annually as an annuity, or paid to him in lump. Considering the $1mm starter price of a decent home in southern ca, an annualy property taxes there on homes, 2mm net is not a lot of money when you're age 40 or under with years left to go.