Thursday, March 28, 2019

Here’s the Outrageous Tax Bill for Wisconsin’s $768 Million Powerball Lottery Winner

One lucky person in Wisconsin just won the $768 million Powerball Lottery. But it comes with a catch: one hell of a tax bill. The quarter-of-a-billion dollar win is believed to trace back to just one ticket in Wisconsin which matched all six numbers on Wednesday night. The chances of doing so are one in 292.2 million. With no winning ticket since December, the prize pool is the third-largest in US history.  The lucky winner will now choose between the $768 million jackpot paid out over 29 years or a lower cash prize of $477 million. Both are subject to

The post Here’s the Outrageous Tax Bill for Wisconsin’s $768 Million Powerball Lottery Winner appeared first on CCN



source https://www.ccn.com/outrageous-tax-bill-768-million-powerball-lottery-winner

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