You just won Monday's $1 billion Powerball jackpot. But all of a sudden, that money is a lot smaller than $1 billion, thanks to those pesky federal and state taxes. Not actually a billion dollars ...

If you live in New York, get out your wallet, because the state taxes lottery winnings at 8.82%. The lump sum most New York residents would get after federal and state taxes would be $368,852,945.

FILE PHOTO: If you win the lottery you will get a pile of money, but it may not be as much as you think. (jodi jacobson/Getty Images) By Debbie Lord, Cox Media Group National Content Desk.

When it comes to lottery prizes, the first thing that happens after you turn in that winning ticket and get your lump sum is that the federal government takes 24% of the winnings off the top. But ...

How much money will a $200,000 annuity pay out each month? The numbers may shock you. ... She explained, “If you win a lottery, it’s no different from getting a large inheritance.

How much would the Chiefs make for winning Super Bowl? Under the NFL's current collective bargaining agreement (Article 37, Section 5), each player on the winning team in Super Bowl 59 will ...

Lottery winner Alyssa Mosely, from New York, exclusively tells The Post that massive sums of money did not make her happy. If you’re hoping mountains of moolah will make you happy, you may want ...

Americans know the odds of winning the lottery are incredibly low, but in the survey, only 5% knew exactly how rare it is. Take the Powerball jackpot, which was worth $95 million in June 2024 ...

If you live in New York, get out your wallet, because the state taxes lottery winnings at 8.82%. The lump sum most New York residents would get after federal and state taxes would be $368,852,945.

When it comes to lottery prizes, the first thing that happens after you turn in that winning ticket and get your lump sum is that the federal government takes 24% of the winnings off the top. But ...

State tax rates on lottery winnings vary. If you live in Georgia, your state tax rate for lottery winnings is 5.75%. That means you get $162,627,045 after taxes. If you live in New York, get out ...