Powerball jackpot climbs to $1B. Here's the tax bite if you win

Powerball jackpot climbs to $1B. Here's the tax bite if you win
Lottery by Alejandro Garay is licensed under Unsplash unsplash.com
For the second time ever in Powerball's 30-year history, the jackpot for the Monday night drawing is a staggering $1 billion.  

It is the fifth-largest lottery jackpot in U.S. history, falling shy of the record $1.586 billion payout scored by three Powerball ticket holders in 2016.

Powerball said the Monday jackpot climbed to an estimated $1 billion from $825 million after no ticket matched all six numbers drawn on Saturday. However, any winners could see markedly less money than is advertised. 
Lottery by Alejandro Garay is licensed under Unsplash unsplash.com

Help FAIRtax Become The Number One Issue in 2024

Enacting the FAIRtax must be a prominent topic in these times. We did it before, we can do it again, but we need your help!

Help out with a One-Time Contribution

Your gift of $25, $50, $100 – even $1,000 or more if you can possibly spare it – will help FAIRtax.org bring an end to the IRS and promote a FAIRtax. So, I urge you, please give as generously as you can.

Billing information (REQUIRED)

Payment information (REQUIRED)

To donate by check:
Americans for Fair Taxation
PO Box 4929
Clearwater, FL 33758

If you need to make changes to your existing Monthly Re-Occurring Donation with new card or billing address information, then Please call Adam Yomtov our New York State Co-Director. He is assisting with the administration of our donations, technology services, and website.

Please note: Inputting your new information at our website won't update your donation. The only way to update is by calling Adam Yomtov 917-689-3931 mobile.

Americans for Fair Taxation® is a 501(c)(4) non-profit, non-partisan grassroots organization solely dedicated to replacing the current income tax system with a fair, simple and transparent national consumption tax – the FAIRtax® Plan. We rely entirely on contributions from concerned citizens like you who want a tax system that will generate jobs and stimulate the economy. Welcome to the FAIRtax team!

Connect

Share

© 2014 - 2024, FAIRtax, all rights reserved
Privacy Policy | Terms of Use