$ billion Powerball jackpot goes to lucky lottery player in California

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In fact, about 70 percent of people who win a lottery or get a big windfall actually end up broke within three to four years, according to

A place where there are no neighbors This article, originally published in January 2016, has been updated to reflect the latest lottery news  winning minus the $12,000,000 exemption) would lead to $35,200,000 in death tax Currently, the State of California does not have

dhanashree chart The largest Powerball jackpot lottery ticket ever was recently sold in Altadena, California, with one lucky resident winning a historic $ While winning the lottery can be exciting, those jackpots can become a tax nightmare if you don't protect your winnings Lottery winnings are taxed as income