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re: Powerball ticket purchase check in

Posted on 1/6/16 at 11:18 am to
Posted by Happygilmore
Happy Place
Member since Mar 2009
1810 posts
Posted on 1/6/16 at 11:18 am to
quote:


they take 40% for taxes right?


theyll take 40% either way,

you cant take the 450 over 20 years in an annuity or the lump sum all at once for 275. either way, they are taking 40%
Posted by kilo1234
Member since May 2014
1431 posts
Posted on 1/6/16 at 11:22 am to
It's at $500m with a cash option of $306m. After taxes, you'd get around $160-165m.

If I win, I'm buying 16,000,000 "quality" ties.
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