How Much of the Powerball Cash Option Is Paid After Taxes?

If you somehow beat the lottery's astronomical odds for Saturday's Powerball jackpot, you'll have a hefty tax bill waiting for you

The Powerball jackpot for the Oct 2 drawing at 11 You'll receive your after-tax winnings immediately if you claim a lump sum payout

powerball kentucky Europe's largest jackpot, € tax paid €, EuroMillions · United Powerball drawing held for record $ billion jackpot after delay of hours

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