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Today$131,000,000Estimated jackpotWinning numbersPowerball07/24- 16
- 42
- 59
- 63
- 68
- 13★
Drawing days Wednesday & Saturday at 10:59pm ET / 7:59pm PTwww.powerball.com- www.lotteryusa.com
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Here’s how much taxes you will owe if you win the current Powerball jackpot. You can find out tax payments for both annuity and cash lump sum options. To use the calculator, select your filing status and state.
Find out and compare the total payout you would receive if you chose the lump sum or annuity option - followed by a payout chart displaying all 30 annuity payments. To use our Powerball calculator, just type in the advertised jackpot amount and select your state and the calculator will do the rest.
Powerball Jackpot for Sat, Jul 27, 2024. $131,000,000. $62,800,000. Gross Prize. 30 average annual payments of $4,366,667. Cash: $62,800,000. - 24% federal tax. - $1,048,000. - $15,072,000.
Jul 1, 2024 · With the Powerball calculator (which is actually a Powerball payout calculator or a lottery lump sum vs. annuity calculator), you can estimate how much money you will receive and compare the Powerball lump sum vs. annuity payouts to make the best financial decision on your winnings.
Check out a payout analysis of the current Powerball jackpot below. You'll find out the advertised annuity and lump sum amounts, along with their ultimate worth after taking into account federal and state tax.
Jul 11, 2024 · With a large jackpot, if the winner opted for the lump sum cash value, they would be subject to federal income tax at the top tax rate, which is 37%. (So after the 24% off the top, that is...
5 days ago · *Cash Lump Sum: $62.8 Million For a small additional fee, you can opt to use the Power Play option which will increase the prize payout for any non-jackpot win by a multiple of 2, 3, 4 or 5 (or possibly 10 when the estimated jackpot is less than $150 million) depending on which Power Play number is drawn.
Dec 18, 2023 · The Powerball jackpot has jumped to an estimated $543 million without a winner from Saturday night’s drawing. There are two grand prize options: a lump sum of $272.2 million or an annuitized...
Apr 1, 2024 · If you win the grand prize by matching all six numbers, you'll have two payout options: a lump sum of $483.8 Million or annuitized payments worth $1 billion. Both are pretax estimates. While...
May 8, 2024 · What is the Lump Sum Payout for Powerball? When you collect your winnings as a lump sum, you’ll be given your jackpot at once. So if you win $1 million in the jackpot and opt for the lump sum payment, you will get exactly $1 million and pay tax afterward.
