Powerball jackpot jumps to $625 million. Here's the tax bite if you win
Uncle Sam would shave tens of millions of dollars off the windfall before it even reaches the winner.
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Powerball jackpot swells to $550 million
The drawing on Wednesday is for the largest lottery jackpot so far this year.
Powerball jackpot swells to $495 million
The drawing on Saturday is for the largest lottery jackpot so far this year.
Here's the tax bill if you hit the $448 million Powerball jackpot
If there's a winner in Wednesday night's drawing, the IRS will get tens of millions of dollars.
Powerball jackpot surges to $381 million. Here's what the winner would pay in taxes
If you manage to beat the odds and nab the top prize, you can expect to pay tens of millions of dollars to Uncle Sam rig...
Someone hit the $267 million Mega Millions jackpot. Here's the tax bite
The winner can expect to pay tens of millions of dollars in taxes right off the bat in both federal and state taxes.
There's a huge tax bill if you hit the $348 million Powerball or $267 million Mega Millions jackpot
If you manage to beat the odds and hit the jackpot in either game, you can expect to pay tens of millions of dollars in...
Chinese firm behind the 'Amazon Coat' hits jackpot in U.S., eschews China
When Kevin Chiu left his job in 2012 to try his luck at starting an online apparel business in a rural Chinese city, his...