20 lottery winners who lost it all — as a $935 million Powerball

1 billion lottery after taxes
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The Frazier Park liquor store that sold the $ billion Powerball ticket will receive $1 million minus federal taxes

Under Ohio law, lottery winnings over $600 are taxed as income If you take the smaller one-time Powerball cash payout with a 24% federal tax 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

poker table custom 1 $ billion The largest lottery jackpot to date, a Powerball drawing, was won on Nov 7, 2022 The ticket was sold at Joe's The IRS charges a flat rate of 24% on all lottery winnings over $5,000 For example, if you won $1 million, you would pay around $240,000 in