Tag: jackpot

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Winning ticket for Powerball $2.04 billion jackpot sold in California

Winning ticket for Powerball $2.04 billion jackpot sold in California

Anadolu Agency | Anadolu Agency | Getty ImagesCalifornia does not tax lottery winningsWhile the IRS will scrape 24% — or $239.4 million — off the top [...]
Powerball jackpot at $1.9 billion — for annuity. Lump sum is overrated

Powerball jackpot at $1.9 billion — for annuity. Lump sum is overrated

It's hard to imagine what it would be like to win Powerball's $1.9 billion prize. But the reality almost always falls far short of the fantasy."The cu [...]
Powerball jackpot hits $1 billion. If you win, here’s the tax bill

Powerball jackpot hits $1 billion. If you win, here’s the tax bill

The jackpot for Powerball's Monday night drawing is a whopping $1 billion.Sort of, anyway.The advertised number represents the pre-tax amount you'd ge [...]
Mega Millions jackpot is $410 million. 3 key things to do if you win

Mega Millions jackpot is $410 million. 3 key things to do if you win

Will Lester | Medianews Group | Getty ImagesThere's a chance that a Mega Millions player is going to wake up Saturday morning with a $410 million wind [...]
4 key considerations if you hit $1.28 billion Mega Millions jackpot

4 key considerations if you hit $1.28 billion Mega Millions jackpot

1. BreatheInstead of impulsively rushing to lottery headquarters to claim your prize, take a deep breath. You have some time to claim your prize — any [...]
The Mega Millions jackpot is now $1.02 billion. Here’s the tax bill

The Mega Millions jackpot is now $1.02 billion. Here’s the tax bill

MARK RALSTON | AFP | Getty ImagesOne way to reduce your tax bill is to think charitably, according to the American Institute of CPAs: You can contribu [...]
Mega Millions jackpot is $810 million. If it’s won, here’s tax bill

Mega Millions jackpot is $810 million. If it’s won, here’s tax bill

Scott Olson | Getty ImagesIf you manage to beat the odds and land the next Mega Millions jackpot, don't forget that Uncle Sam will snatch a slice of t [...]
If you win the $630 million Mega Millions jackpot, here’s the tax bill

If you win the $630 million Mega Millions jackpot, here’s the tax bill

MARK RALSTON | AFP | Getty ImagesSo you didn't win the $555 million Mega Millions jackpot Tuesday night.The glass half-full view? Phew! You dodged a h [...]
Tax bill for Vermont winner of Powerball $366.7 million jackpot

Tax bill for Vermont winner of Powerball $366.7 million jackpot

If you're holding the winning ticket for Powerball's $366.7 million jackpot, don't forget about your silent partner: Uncle Sam.After rolling higher fo [...]
Powerball’s $473.1 million jackpot has a winner. Here’s the tax bill

Powerball’s $473.1 million jackpot has a winner. Here’s the tax bill

Joe Raedle | Getty Images News | Getty ImagesA single lottery ticket sold in Arizona is about to change someone's life — after the IRS takes a piece o [...]
Mega Millions’ jackpot is $421 million. What to do if you win

Mega Millions’ jackpot is $421 million. What to do if you win

MARK RALSTON | AFP | Getty ImagesSure, the chance of your ticket hitting the Mega Millions jackpot is tiny — roughly one in 302 million.Nevertheless, [...]
Individual ETH miner hits jackpot with $540K block reward

Individual ETH miner hits jackpot with $540K block reward

An individual Ether (ETH) miner struck it big by mining a block on their own and receiving a reward valued at about $540,000. The miner was operating [...]
Powerball’s jackpot surges to $540 million but isn’t among 10 largest

Powerball’s jackpot surges to $540 million but isn’t among 10 largest

Justin Sullivan | Getty ImagesThe Powerball jackpot just won't quit.Through 38 drawings over three months, no ticket has managed to match all six n [...]
Someone hit Powerball’s $699.8 million jackpot. Here’s the tax bill

Someone hit Powerball’s $699.8 million jackpot. Here’s the tax bill

There's a Powerball winner in California who's about to be ultra-wealthy — even after giving good ol' Uncle Sam a cut of the windfall.A single tick [...]
Mega Thousands and thousands jackpot is $468 million. Keep away from these blunders in case you win

Mega Thousands and thousands jackpot is $468 million. Keep away from these blunders in case you win

Scott Olson | Getty PhotographsNo, you did not win the Mega Thousands and thousands jackpot. Then once more, nobody else did both.The highest prize [...]
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