$1 billion Powerball winning ticket sold – but taxes cut winnings more than you'd expect | Page 31 | Unpublished
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Author: USA TODAY
Publication Date: July 20, 2023 - 08:19

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$1 billion Powerball winning ticket sold – but taxes cut winnings more than you'd expect

July 20, 2023

Most winners choose the lump sum payout over a 29-year annuity, but hefty taxes and inflation steadily eat away at prize money.

     

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