$1 billion Powerball winning ticket sold – but taxes cut winnings more than you'd expect | Page 40 | Unpublished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.

     


Unpublished Newswire

 
Three Ontario byelections delivered status quo results on Thursday night, with the Progressive Conservatives holding two ridings and the NDP retaining the third. The victories in York-Simcoe and Hamilton East-Stoney Creek were a bounce-back of sorts for Premier Doug Ford, who suffered a string of dismal poll results in the spring after the ill-fated purchase of a private jet for his travels and an MPP expense scandal. Ford’s popularity has jumped recently after he took a leading role in a very public fight with U.S. President Donald Trump over tariffs and trade. Jeff Beattie, a...
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