Powerball jackpot jumps to $625 million. Here's the tax bite if you win
Uncle Sam would shave tens of millions of dollars off the windfall before it even reaches the winner.
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Wednesday's $381 million Powerball jackpot comes with a big tax bite
Whether the winner goes with the lump sum or an annuity, the IRS will be waiting for a share.
Someone hit the $267 million Mega Millions jackpot. Here's the tax bite
The winner can expect to pay tens of millions of dollars in taxes right off the bat in both federal and state taxes.
Shares sink toward one-year low as bears bite again
An ugly start to European trading pushed world shares towards their lowest level in a year on Tuesday, as negative drive...
Oil up as U.S. drilling stalls, Iranian sanctions bite
Oil prices rose on Monday as U.S. drilling stalled and as investors anticipated lower supply once new U.S. sanctions aga...
Asian factories slow as China-U.S. trade conflict starts to bite
Manufacturing activity across Asia slowed in July, deepening concerns about the region's economic outlook as an int...
Trump tariffs take a bite out of GM 2018 profit forecast
General Motors Co on Wednesday lowered its full-year 2018 earnings forecast, citing higher steel and aluminum costs, sen...