Winning the $ billion Powerball jackpot on Saturday comes with

why is the cash value of lottery less
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The IRS considers net lottery winnings ordinary taxable income So after subtracting the cost of your ticket, you will owe federal income taxes

So for Tuesday's drawing, game officials have determined that $ million, listed as the cash option, is necessary to pay a winner $

why do some professional poker players wear sunglasses_ The first is represented by the estimated $ billion while the second is the cash value, currently listed as $ million The cash option

why is it so hard to win the lottery All interest earned on the investment is a part of the prize A similar process is followed if the jackpot winner has chosen Cash Value Option Texas Lottery