Tag: Windfalls
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
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
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
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
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
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
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
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
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 [...]
How much winners have hauled in over the years
Saul Loeb | AFP | Getty ImagesThere's a chance — a tiny one — that a Powerball player will manage to turn $2 into $421 million on Monday night.That's [...]
A $1 million Powerball ticket expires soon. Many prizes go unclaimed
Justin Sullivan | Getty ImagesPowerball players may want to make sure they're looking more closely at their numbers after each drawing.In about two we [...]
Cash-rich states are slashing taxes amid revenue windfalls
Anchiy | E+ | Getty ImagesAnd this year, at least a dozen states have made cuts or are eyeing reductions, including both temporary and permanent measu [...]
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, [...]
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 [...]
Powerball’s top prize is $483 million. This year, $2 billion was won
Saul Loeb | AFP | Getty ImagesNew Year's Day luck could end up making a Powerball player a few hundred million dollars richer. No ticket matched al [...]