Posted on Jan 13, 2016
Taxes on a Powerball jackpot could be more than $400 million
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higher by the time you read this), and the odds are good that there will be a winner this time.
If there’s only one, we will have a new member of the billionaire club. Right? Wrong, because your friendly tax collectors are silent partners in the deal. Here’s the story on all the tax hits on a huge payout.
If there’s only one, we will have a new member of the billionaire club. Right? Wrong, because your friendly tax collectors are silent partners in the deal. Here’s the story on all the tax hits on a huge payout.
Taxes on a Powerball jackpot could be more than $400 million
Posted from marketwatch.comPosted in these groups: 
Lottery
Lottery
Posted 10 y ago
Responses: 4
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SFC Joe S. Davis Jr., MSM, DSL
SGM David W. Carr LOM, DMSM MP SGT you are absolutely right! Uncle Sam will always get his share!
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