By Brittany De Lea Published May 20, 2019 Personal Finance FOXBusiness Facebook Twitter Comments Print video Lottery: How to win the jackpot Seven-time lottery game grand prize winner Richard Lustig tips on his advice to win the Mega Million and Powerball jackpots. The Mega Millions jackpot has climbed to $367 million, and while many might be dreaming of winning the prize, they should know the IRS will come for a sizable chunk of the winnings. Continue Reading Below Tuesday’s drawing marks the largest Mega Millions jackpot ever offered during the month of May. MORE FROM FOXBUSINESS.COM... WHY LOTTERY JACKPOTS KEEP BALLOONING THESE ARE THE 10 BIGGEST LOTTERY JACKPOTS IN US HISTORY - AND THE PEOPLE WHO WON THEM An individual with a winning ticket is faced with two options – either take the money in the form of a lump sum or an annuity payment – which would be paid out over the course of about 30 years. In the … [Read more...] about Mega Millions $367M jackpot carries substantial tax bill
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By Brittany De Lea Published March 28, 2019 Personal Finance FOXBusiness Facebook Twitter Comments Print video $768 million Powerball jackpot ticket sold in Wisconsin A winning ticket for the $768.4 million Powerball jackpot was sold in Wisconsin, lottery officials confirmed early Thursday morning. One lucky person in Wisconsin matched all six numbers during Wednesday night’s Powerball drawing, to win $768.4 million. Continue Reading Below That is the third largest jackpot in U.S. history. MORE FROM FOXBUSINESS.COM... THESE ARE THE 10 BIGGEST LOTTERY JACKPOTS IN US HISTORY - AND THE PEOPLE WHO WON THEM WHY LOTTERY JACKPOTS KEEP BALLOONING Unlike the winner of the $1.5 billion Mega Millions jackpot earlier this year in South Carolina, Wisconsin law prevents winners from remaining anonymous. But either way, the IRS was coming for a chunk of the change. The winning individual is faced with two options – … [Read more...] about Wisconsin Powerball winner faces massive tax tab: A look at the actual jackpot value
SECTIONS Search E-edition Customer Service Customer Service SacBee Rewards About Us About Us Contact Us Apps Mobile & Apps Twitter, Facebook, Google+, YouTube News in Education (NIE) Newsletters Local Sacramento Region Arena City Beat Crime Local Govt Salary Database The Homeless Marcos Bretón Transportation Education Environment Health & Medicine Traffic Conditions Weather Communities Elk Grove Folsom/El Dorado Roseville/Placer Yolo Sports Sports Kings NBA News 49ers Giants Oakland A's High School Sports Joe Davidson More Sports Raiders NFL News MLB News River Cats Soccer Colleges Golf Autos Racing Politics Politics Capitol Alert State Workers The California Influencer Series Local Elections PoliGRAPH State Worker Salary Database Legislative Gifts … [Read more...] about With renters struggling, California still needs 1.4 million more affordable units, report finds
By Brittany De Lea Published March 19, 2019 Personal Finance FOXBusiness Facebook Twitter Comments Print video Lottery: How to win the jackpot Seven-time lottery game grand prize winner Richard Lustig tips on his advice to win the Mega Million and Powerball jackpots. Many Americans are hoping they will be the lucky recipient of the $550 million Powerball prize – though the actual amount a winner would take home will be much less than the headline jackpot number. Continue Reading Below An individual with a winning ticket is faced with two options – either take the money in the form of a lump sum or an annuity payment – which would be paid out over the course of about 30 years. MORE FROM FOXBUSINESS.COM... BIGGEST LOTTERY JACKPOTS IN US HISTORY THE LOTTERY’S HIDDEN SECRET: BILLIONS IN UNCLAIMED PRIZES In the case of the annuity payment – the less common option – a winner would receive one … [Read more...] about Powerball $550M lottery jackpot: Here’s the tax damage
Mar 16, 10:22 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Bobby Ilich 03/16/19 AT 10:10 AM After no winning tickets were sold in Wednesday night's $448 million Powerball jackpot, the prize for Saturday's drawing has climbed to nearly $500 million.The $495 million estimated figure is the eighth-largest Powerball jackpot. The cash value is $300.2 million.Powerball drawings are held on Wednesday and Saturday nights at 11 p.m. ET. Many Powerball players will likely be glued to media to learn if they captured one of its biggest jackpots.The winner must match numbers on the five white balls and the red Powerball. The white balls are numbered 1 through 69, while the Powerball is numbered 1 through 26. The odds of winning the jackpot are 1 in 292.2 million.Wednesday's winning numbers were: 18, 36, 45, 47, 69 with the Powerball number 14.According to the Powerball website, there have been seven lottery … [Read more...] about Powerball Jackpot For Today: How Much Money Is On The Line And When Is The Drawing?