How much $1B Powerball winner takes home after taxes

How much $1B Powerball winner takes home after taxes powerball jackpot after taxes The drawing comes one week after a person in New Jersey beat the odds taxes on your winnings Powerball is played in 45 states plus powerball cutoff time california Then there are the taxes The IRS immediately takes 24% of all lottery winnings over $5,000, dropping the total to approximately $575,016,000

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

powerball jackpot ga Update: The winning numbers for the record-setting $ Powerball jackpot were drawn Saturday night They are: 28 45 53 56 69 20  For example, in the August 2022 Powerball jackpot, the winner could have chosen a $ million lump sum or a $ million annuity payout over 29 years