For the winner of $768.4 million Powerball jackpot, the taxman cometh
If the winner goes with the cash option of $477 million, the IRS will get more than $100 million right off the bat.
If the winner goes with the cash option of $477 million, the IRS will get more than $100 million right off the bat.
Right off the bat, the IRS would get more than $100 million in taxes.
Uncle Sam would shave tens of millions of dollars off the windfall before it even reaches the winner.
Right off the bat, the IRS would shave tens of millions of dollars off the windfall, and more would be due at tax time.
If there's a winner in Wednesday night's drawing, the IRS will get tens of millions of dollars.
Whether the winner goes with the lump sum or an annuity, the IRS will be waiting for a share.
If you manage to beat the odds and nab the top prize, you can expect to pay tens of millions of dollars to Uncle Sam rig...
The winner can expect to pay tens of millions of dollars in taxes right off the bat in both federal and state taxes.
If you manage to beat the odds and hit the jackpot in either game, you can expect to pay tens of millions of dollars in...
When Kevin Chiu left his job in 2012 to try his luck at starting an online apparel business in a rural Chinese city, his...