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Powerball Jackpot Hits $1 Billion—Here’s How Much A Winner Would Actually Take Home After Taxes

https://www.forbes.com/sites/carlieporterfield/2022/10/31/powerball-jackpot-hits-1-billion-heres-how-much-a-winner-would-actually-take-home-after-taxes/
Updated Oct 31, 2022, 11:15am EDT Topline The Powerball jackpot hit 10 figures Sunday night to reach an estimated $1 billion , the second-largest payout in the lottery’s 30-year history, but the lucky winner will take home considerably less cash because of taxes—here’s how much. Key Facts Powerball winners can claim their $1 billion prize…

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