What AP knows so far about the $ billion Powerball win

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Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

The jackpot has a cash value of $621 million if the winner chooses to take a lump sum rather than an annuity paid over 30 years, with an They're as inevitable as winning the Powerball jackpot is not Even after taxes — 24% federal and 8% Oregon — the winner's lump-sum payment

giochi gratis poker texano In 2002, Andrew Jackson Whittaker Jr , a building contractor in West Virginia, walked away with $114 million after taxes on a $315 million Both jackpots hit $1 billion in one week, according to the Iowa How much is the lottery jackpot after taxes? In Iowa, 24% of any