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Powerball Hits $725 Million—Seventh-Largest Jackpot Ever—Here’s What The Winner Would Earn After Taxes

https://www.forbes.com/sites/tylerroush/2023/07/11/powerball-hits-725-million-seventh-largest-jackpot-ever-heres-what-the-winner-would-earn-after-taxes/
Topline The Powerball jackpot swelled to an estimated $725 million on Tuesday, the seventh largest in its history, according to the lottery, though the winner would take home significantly less after paying required taxes. Key Facts The winner—facing odds of one in 292.2 million—has the option to receive the $725 million in 30 annual installments

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