How Much Will That $758M Powerball Winner Pay In Taxes?

lottery payment taxes It’s the largest lottery winning ever that will be going to one individual winner, but with that large payout, there will also be a large tax bill incoming.

“The one lucky person holding the $758.7 million Powerball jackpot ticket sold in Massachusetts will have an avalanche of financial decisions to make in the coming days and weeks.

It’s the biggest single lottery jackpot win in North American history…” [ Read more here ]