Health
Powerball Jackpot Nears $750 Million -- Here's What A Winner Would Take Home After Taxes
xCruzo Brief
The Powerball jackpot is nearing $750 million, with the next drawing set for Monday night at 10:59 p.m. EDT. Winners can still face significant state taxes, which can reach as high as New York’s 10.9%; some states, including Texas, California and Alaska, do not tax lottery winnings at all. The odds of landing the top prize are about 1 in 292.2 million, requiring a match of all five white balls drawn (from 1 to 69) plus the red Powerball (from 1 to 26). Although no one won the $719 million jackpot Saturday, six ticket holders won $1 million or more.
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