[ad_1] 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 curse of the lottery losers is very real,” said Andrew Stoltmann, a Chicago-based lawyer who has represented several recent lottery winners. One …
Read More »Powerball jackpot is $1.6 billion. If you win, here’s the tax bill
[ad_1] Jonathan Alcorn | Reuters If you manage to beat the odds stacked against hitting the Powerball jackpot, don’t forget you’ll have a silent partner in the win: the taxman. The jackpot for Saturday night’s drawing is now the largest lottery ever at an estimated $1.6 billion — pretax — …
Read More »Powerball jackpot hits $1 billion. If you win, here’s the tax bill
[ad_1] 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 get if you were to receive your windfall as an annuity spread over three decades. Yet most jackpot winners choose the upfront one-time cash payment — …
Read More »Mega Millions jackpot is $410 million. 3 key things to do if you win
[ad_1] Will Lester | Medianews Group | Getty Images There’s a chance that a Mega Millions player is going to wake up Saturday morning with a $410 million windfall in their lap. That’s the advertised jackpot amount for the lottery game’s next drawing, set for Friday night. It’s the third …
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