Here's what to do if you win the $1 billion Powerball jackpot

how much would you get if you win the lottery
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how much would you get if you win the lottery 12News sits down with Martinson Management to discuss the best financial options for  Lottery winnings that are more than $5,000 get a federal tax of 24%, therefore, you'll be cutting more than $12 million from the annual payments  The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn

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