How much money will you get after taxes if you win the Powerball

lottery take home after taxes
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lottery take home after taxes If the Powerball winner takes the lump sum payment, right away, nearly a quarter of the prize is withheld for federal taxes And they're not off  Roughly 55% if you take the lump sum, minus max 37% in federal taxes Only if you're the only winner though, otherwise you gotta split it, and  If the Powerball winner takes the lump sum payment, right away, nearly a quarter of the prize is withheld for federal taxes And they're not off

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