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Powerball Jackpot Reaches $1.8 Billion: Winners Face Tax Choices and Big Dreams

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Source: The New York Times
Powerball Jackpot Reaches $1.8 Billion: Winners Face Tax Choices and Big Dreams
Photo: The New York Times
TL;DR

The Powerball jackpot has reached $1.8 billion, the second-largest in U.S. history, inspiring many to buy tickets with dreams of life-changing wealth, while most plan to keep their winnings secret or use the money for personal and charitable purposes.

Topics:businesslottery#jackpot#lottery#lottery-winnings#powerball#public-interest#wealth-distribution
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  1. As Powerball Nears Record, Ticket Buyers Dream of New Houses and Winning in Secret  The New York Times
  2. Powerball jackpot hits $1.8 billion. Here’s the tax bill if you win  CNBC
  3. Here’s how much the Powerball winner will owe in taxes after the $1.8 billion jackpot  New York Post
  4. Saturday’s Powerball® jackpot RAISED to $1.80 billion  Powerball
  5. Powerball winners can opt for potentially "dangerous" lump sum or "safe bet" annual payments. An accountant gives advice.  CBS News

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