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Choosing the cash option, the men split nearly $104 million after withholdings. The jackpot, at the time, was the 12th largest in Powerball history. [63] On May 18, 2013, the world's largest one-ticket jackpot at the time, an annuity of approximately $590.5 million ($772 million today), was won by a Powerball ticket sold in Zephyrhills, Florida ...
The Hoosier Lottery is the official state lottery of Indiana, and is the only US lottery that uses the state's nickname as its official name. It is a member of the Multi-State Lottery Association (MUSL). The Hoosier Lottery sells scratch-off tickets; its draw games include Mega Millions, Hoosier Lotto, Powerball, Cash 5, and Poker Lotto.
However, unlike scratch-off tickets where the winning tickets are all predetermined and top prizes may be sold before a player makes their purchase, the Lottery's computer randomly generates all Lucky Line tickets in real time. [31] All Lucky Lines tickets have an equal chance of winning the top prize regardless of what tickets were sold in the ...
How Much are Lottery Winnings Taxed? For starters, the IRS will take a chunk off the top of any winnings over $5,000 — a mandatory 24% federal withholding that must be paid immediately.
Last week, the lottery announced a nurse playing an online lottery game secured a jackpot win worth more than $277,000. If you or someone you know has a problem with gambling, help is available at ...
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Lotteries in the United States did not always have sterling reputations. One early lottery in particular, the National Lottery, which was passed by Congress for the beautification of Washington, D.C., and was administered by the municipal government, was the subject of a major U.S. Supreme Court decision – Cohens v. Virginia. [7]
“ Instead of saying something, I decided I’d just buy a ticket at the counter,” the man said.