Powerball Jackpot Hits $748M: Winner’s Payout After Taxes
The Powerball jackpot climbed to an estimated $748 million for the next drawing after no winning tickets matched all numbers in the Saturday night drawing, according to MediaNews Group. Players eyeing the massive prize face steep odds of 1 in 292.2 million, alongside complex federal and state tax burdens that significantly reduce the advertised payout. … Read more