Sequential $ billion Powerball jackpot in store for Saturday

The Powerball jackpot for the Oct 2 drawing at 11 You'll receive your after-tax winnings immediately if you claim a lump sum payout

So, when you take the cash option, you will end up with $374,954,812 after federal taxes Now it is the state's turn State tax rates on lottery

powerball puerto rico Powerball winnings in California are subject to federal income tax only Now, when the Powerball Lottery jackpot is reset after a win it will start

powerball winning numbers july 3 2024 How much will the jackpot be taxed in California? You get two choices when you win the jackpot — get paid annually or get a one-time cash payout