Jackpot alert! On Saturday October 2, Powerball will be up for $ 620 million, one of the ten biggest wins in lottery history ever, CNBC and Siouxland News report. Since last June, for lack of a winner, the jackpot continues to increase.
If won, that jackpot could be “only” $ 446 million. Indeed, as CNBC recalls, many winners prefer to receive their entire earnings, rather than receiving the entire sum in the form of an annuity spread over 30 years. The pot is then subject to tax, set at 24%. The future big winner should then have to shed around 107 million dollars, not to mention the wealth tax to which he will certainly be subject.
>> To read also – With the same figures, she hits the jackpot in Keno then in Loto in 24 hours
If Saturday’s Powerball jackpot is won, the lucky one will have one year to claim their win. Lottery officials advise the winner to quickly make a copy of his ticket and keep the original in a safe place. Discretion is also a priority. In addition, for such a fortune, it is strongly recommended to surround yourself well: lawyer, financial advisor, tax advisor …
>> To read also – Loto: he hits the jackpot by playing at the last minute
The all-time record dates back to January 2016, when no less than $ 1.6 billion were won in Powerball. Last week in New York, a player won $ 431 million at Mega Millions. But the odds of being the lucky winner are slim: 1 in 302 million for Mega Millions and 1 in 292 million for Powerball.
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