Should Powerball lottery winners take lump sum prize or annuity

Even with the smaller lump sum payout, federal taxes will eat into those winnings, and some states also tax big lottery prizes Powerball is

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

powerball jackpot after taxes The lump sum that most New York residents would get after federal and state taxes would be $310,088,912 Additional taxes are charged if you

powerball nebraska The winner can also choose the cash option of $621 million The jackpot had last been won on Jan 1 when a lottery player in