News Powerball is now $1.6 billion — here’s what you’ll pay in taxes if you win

[admin]

The Powerball lottery jackpot just rose to a whopping $1.6 billion dollars after no one matched all six numbers this past Wednesday. Here’s what you need to know financially if you end up being a lucky winner.

Powerball is now $1.6 billion — here’s what you’ll pay in taxes if you win : Read more

 

[USAFRet]

"Just make sure you know the tax obligations of winning if you do decide to play. "

This is irrelevant.

Winning is when you hire 3 accounting teams.
Why 3? So they can keep an eye on each other.