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Powerball drawing produces huge number of big winners, including two who split the jackpotReply
If they choose Power Play then yes. If they didn't chose Power Play then no. Taxes, taxes, taxes...
Apr 30, 2026, 3:44 pm - justAndy1970 - Lottery News

US Powerball multi-state lottery game expanding to the UKReply
Yes, UK lottery winners will pay US federal taxes before they receive their winnngs.
Apr 20, 2026, 6:05 am - winterhug - Lottery News

I know that this is technically not a lottery question, it's about PCH Sweepstakes bankruptcy .Reply
Thank you for that indepth detailed link to the PCH Annuity Sweepstakes Bankruptcy. :) I was mistaken when I said he was supposed to get millions until his death, turns out he was getting $260,000 a year before taxes. That's still a very nice chunk of change to live off. There are people who work for 10 years and accumulate around $260,000 minus taxes and he was getting that every year for 10 years and not having to work. He shouldn't have blown his money frivolously.
May 26, 2026, 9:18 am - Lotto Motto - Lottery Discussion Forum

Are you playing Mega Millions with the $5.00 per play?Reply
I see the Measly went up $8.9M in cash value($5.6M After Fed taxes taxes)..... Kudos to the participants and good luck on your next $5 purchase.
May 7, 2026, 8:06 am - CDanaT - Lottery Discussion Forum

US Powerball multi-state lottery game expanding to the UKReply
American money going to foreign citizens. The article points out that According to MUSL, more than half of every $2 Powerball ticket stays in the jurisdiction where it is sold . That the state's share of the ticket price and all of the non-jackpot prizes that are paid by the state to somebody who bought a ticket in that state (roughly another 16% of the ticket price) stays in the state should be a no-brainer. With all of the states that offer PB, varying populations, and the small number of
Apr 19, 2026, 4:40 am - KY Floyd - Lottery News

Louisiana lottery winners collect their "Night of Millionaires" Powerball prizes of $1 millionReply
He will have to pay an extra $70,000 in California state income taxes. But still a nice payday on a $2 ticket.
May 26, 2026, 9:24 pm - Tucker Black - Lottery News

Taxes
I'm a member of a large group that have been playing for years. When the time comes and we win I know a tax attorney and accountant is suggested. I have read a LLC or of sort will be needed to claim the one check prise. My question is......... I know the Florida lottery collects 24 percent before issuing the check to the LLC and the LLC will distribute equal checks to each member. Now each member will be taxed again. That's double tax in my opinion. Can each member get a tax credit for what was
May 22, 2026, 11:27 am - Booroo - Lottery Discussion Forum

Finally! Millionaire For Life Jackpot Winner!Reply
Yep, about 1.3 million here after taxes. That's all I need!
May 10, 2026, 8:49 am - HoLeeKau - Lottery Discussion Forum

$78 million Lotto Texas jackpot expiring in less than two weeksReply
Imagine if they did one special draw with a fixed 1M prize and create 78 new millionaires before taxes
May 4, 2026, 10:17 pm - JustMaybe - Lottery News

MM & PB and 'measly'Reply
so how much will each perspn get after taxes and everything? lol.
May 3, 2026, 1:05 pm - CoolGuy85 - Lottery Discussion Forum