Powerball and taxes: What you have to pay if you win the $935 million

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If you were to buy one lottery ticket each week in such a scenario, you could expect to win once every 269,000 years Unfortunately, many lotteries have even

If the total $ billion payout is chosen: Federal taxes: $324 million; Take-home: $ billion If the cash option If the winner comes from a state without a lottery tax like Florida or Texas and chooses a lump sum, the federal government will take about $211

山口珠理 do with your winnings if you were to strike lucky and win a lottery Depending on how much you win, you might want to pass some of the Others might be concerned with the old urban legend that winning a jackpot means you get the boot from the armed forces Read: Play the Lottery: