Here's what the $1 billion Powerball winner could owe in taxes
However, before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000 Out of the
Powerball and taxes: What you have to pay if you win the $935 million if i won the lottery how much would i get
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Winnings are taxed the same as wages or salaries are, and the total amount the winner receives must be reported on their tax return each year Before the winner
if i win a lottery paragraph If you win, there are two choices for the payout: a lump sum The chances of winning Powerball's grand prize are 1 in about 292 million