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Annual PILOT payment structure

Company: Hut 8 - Project: River Bend

Subject kind
financing
Statement date
2026-09-07
Promised amount
100000000.0 USD
Current status
stated

The claim, verbatim

Under the Payment In Lieu Of Taxes program, approximately $100 million annually could be split between the sheriff's office, school board and parish government

Source (primary)

How Hut 8's $10 million pre-payment to West Feliciana Parish was spent - WBRZ (-, news_article)
View cached copy (2026-09-08)Live source ↗Archive.org ↗

Quote: “nearly $100 million each year could be split between the sheriff's office, school board and parish government”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document states this PILOT split directly.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.wbrz.com/news/how-hut-8-s-10-million-pre-payment-to-west-feliciana-parish-was-spent/) in full (8,717 characters, retrieved September 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms How Hut 8's $10 million pre-payment to West Feliciana Parish was spent - WBRZ

Quote: “nearly $100 million each year could be split between the sheriff's office, school board and parish government”

View cached copy (2026-09-08)Live source ↗Archive.org ↗