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Powerball drawing produces huge number of big winners, including two who split the jackpot
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 UK
Yes, UK lottery winners will pay US federal taxes before they receive their winnngs.
Apr 20, 2026, 6:05 am - winterhug - Lottery News
Washington state getting ready to impose huge taxes on lottery jackpots
How does it become state taxes for all?
Feb 20, 2026, 3:05 pm - MsBee18 - Lottery Discussion Forum
Washington state getting ready to impose huge taxes on lottery jackpots
Just a heads-up to Washington state players: You may go from zero taxes on lottery wins to 9.9% state tax on jackpot wins. This is among the largest state taxes in the country.
The Washington state senate passed legislation in the past couple of days to create a new state tax on millionaires , which means lottery jackpot winners.
The bill now goes to the state House, and then after that to the governor to sign.
What a tragedy. If lower income residents of the state think they're safe
Feb 20, 2026, 1:37 pm - Todd - Lottery Discussion Forum
Tennessee man wins $100,000 Powerball prize while visiting Maryland
at MD taxes
Feb 11, 2026, 4:03 pm - hearsetrax - Lottery News
$1.5 BILLION: Massive Powerball jackpot fuels rush for tickets
1.5 billion is before taxes
Dec 22, 2025, 5:30 am - TBFio07 - Lottery News
Powerball jackpot hits $1 billion after building for months
its all fixed one winner gonna win again all the taxes they get out to
Dec 12, 2025, 7:11 pm - dickblow - Lottery News
2026 tax rates now published at USA Mega
We are #6 if you include the additional taxes.
Minn 7.25% Add'l state taxes due (9.85% final rate)
NJ 8% state tax withheld Add'l state taxes due (10.75% final rate)
NY 8.82% state tax withheld Add'l state taxes due (10.9% final rate) New York City (3.876%) and Yonkers (1.82575%).
Ore 8% state tax withheld Add'l state taxes due (9.9% final rate)
Wash DC 10.75% state tax No Add'l tax
Jan 7, 2026, 6:57 pm - grwurston - Lottery Discussion Forum
Georgia lottery winner starts off new year by claiming $983 million Mega Millions jackpot
That idea would partially work in theory... But, what about the tax on the profits...?
You'd pay the tax on both the initial income and the investment income at the 2026 tax rate rate, assuming the investment income also becomes taxable in 2026. You can't avoid paying the tax, but sometimes you can pay at a lower rate.
And while 2026 federal rates have been announced I believe it's still possible for congress to lower (or raise) tax rates. If the highest rate was reduced to 36% then the
Jan 12, 2026, 1:37 am - KY Floyd - Lottery News
I know that this is technically not a lottery question, it's about PCH Sweepstakes bankruptcy .
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
