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Powerball drawing produces huge number of big winners, including two who split the jackpotReply
If they choose Power Play then yes. If they didn't chose Power Play then no. Taxes, taxes, taxes...
Apr 30, 2026, 3:44 pm - justAndy1970 - Lottery News

I am getting harassed by family over a $5,000 lottery win. :(Reply
Doesn't the lottery withhold taxes for you?
Today, 10:40 am - Tucker Black - Lottery Discussion Forum

Powerball is coming to the U.K.Reply
I vote for NO taxes of any kind ever on any lottery winnings.
Jul 7, 2026, 8:00 am - grwurston - Lottery Discussion Forum

All Virginia lottery winners can now remain anonymousReply
Now if they would only eliminate all taxes on lottery winnings every where.
Jul 2, 2026, 7:04 pm - grwurston - Lottery News

US Powerball multi-state lottery game expanding to the UKReply
Yes, UK lottery winners will pay US federal taxes before they receive their winnngs.
Apr 20, 2026, 6:05 am - winterhug - Lottery News

Washington state getting ready to impose huge taxes on lottery jackpotsReply
How does it become state taxes for all?
Feb 20, 2026, 3:05 pm - MsBee18 - Lottery Discussion Forum

Washington state getting ready to impose huge taxes on lottery jackpots
Just a heads-up to Washington state players: You may go from zero taxes on lottery wins to 9.9% state tax on jackpot wins. This is among the largest state taxes in the country. The Washington state senate passed legislation in the past couple of days to create a new state tax on millionaires , which means lottery jackpot winners. The bill now goes to the state House, and then after that to the governor to sign. What a tragedy. If lower income residents of the state think they're safe
Feb 20, 2026, 1:37 pm - Todd - Lottery Discussion Forum

Tennessee man wins $100,000 Powerball prize while visiting MarylandReply
at MD taxes
Feb 11, 2026, 4:03 pm - hearsetrax - Lottery News

Georgia lottery winner starts off new year by claiming $983 million Mega Millions jackpotReply
That idea would partially work in theory... But, what about the tax on the profits...? You'd pay the tax on both the initial income and the investment income at the 2026 tax rate rate, assuming the investment income also becomes taxable in 2026. You can't avoid paying the tax, but sometimes you can pay at a lower rate. And while 2026 federal rates have been announced I believe it's still possible for congress to lower (or raise) tax rates. If the highest rate was reduced to 36% then the
Jan 12, 2026, 1:37 am - KY Floyd - Lottery News

I am getting harassed by family over a $5,000 lottery win. :(Reply
It depends on where you win... in PA, they can pay out up to $2,500 (usually by check) at a retailer, you are responsible for the taxes on your own. They only jump in and take taxes on a win over $2,500... and on a big prize they do not take the full amount you will owe... for instance on a PB or MM jackpot, they will withold 24%, you may owe up to 37%. When I go after a prize, I multiply by 0.559 to see how much I would end up with after 37% federal and 3.08% flat state tax.
Today, 2:34 pm - hypersoniq - Lottery Discussion Forum