Lottery winnings are topic to federal and state taxes. The IRS requires a withholding price of 24% for U.S. citizens, with the possible for added taxes according to distinct particular person circumstances.
You have one hundred eighty days with the day of the draw to say your Powerball prize. In case you’ve received the Powerball jackpot, you have as much as a 12 months with the day of your attract to assert it.
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In other states, a winner's identify and hometown really are Learn here a matter of community file. Look at together with your state lottery To find out more.
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