$ Billion Powerball Winner Takes Home $628 Million After Taxes

Archived post New comments cannot be posted and votes cannot be cast A majority of the drop from $2 billion to $628 Million is in talking

$ Billion Powerball Winner Takes Home $628 Million After Taxes He chose to take his winnings as a lump sum of $422m after taxes to be shared evenly with his wife and a friend Now I can bless my family and

Archived post New comments cannot be posted and votes cannot be cast A majority of the drop from $2 billion to $628 Million is in talking

$2 jackpot lottery Most lotteries offer such winners a choice between a lump sum payout and an annuity The lump sum is a single payment of the prize won, after taxes, while the

Though there are some states that do not have a state lottery tax withholding, they all must withhold 24% in federal tax on prizes as large as

$2 jackpot lottery draw schedule Your winnings are considered taxable and are added to your ordinary income when taxes are calculated If your earnings are big enough, they can

Jack Whittaker faced similar decisions in 2002 when he won Powerball's $314 million jackpot after borrowing $2 to