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Winning ticket for Powerball’s $1.08 billion jackpot sold in California — here’s how much the winner will owe in taxes

Winning ticket for Powerball’s $1.08 billion jackpot sold in California — here’s how much the winner will owe in taxes

The Powerball winner will face a 24% federal tax withholding, but that won't cover the entire tax bill.

from Personal Finance https://ift.tt/0C2XMUD

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