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Reply to "Single powerball winning ticket in Springfield Mass. How soon do they go into hiding?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]How much does she get to keep after taxes?[/quote] From the article posted upthread: "Wanczyk won't get the full jackpot — lottery winnings are taxed like income. The IRS taxes the top income bracket 39.6%. The government will withhold 25% of that before the money ever gets to the winner, and the rest has to be paid at tax time. Wanczyk's jackpot is $758.7 million, but she would only get that if she agreed to take annual payments over 30 years. Instead, she did what most winners do, which is take a lump sum up front — so she'll collect $480.5 million all at once."[/quote] NP. To answer the question, it's $336 million after taxes.[/quote]
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