Powerball Jackpot Swells To $1.2 Billion After No Ticket Wins Halloween Draw—Here’s The Tax Bill If You Win

https://www.forbes.com/sites/roberthart/2022/11/01/powerball-jackpot-swells-to-12-billion-after-no-ticket-wins-halloween-draw-heres-the-tax-bill-if-you-win/
Topline No one bagged Monday night’s billion-dollar Halloween Powerball draw, sending the jackpot soaring to $1.2 billion for the next draw on Wednesday, the lottery said , though any lucky winner will face a hefty tax bill and take home much less than the headline prize—here’s how much. Key Facts Powerball lottery winners can choose…