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• 16:23, 4 July 2024 AngelicaGreco04 talk contribs created page Rolling The Dice: A Powerball Expedition Of Epic Proportions (Created page with "Tax Implications of Winning <br>Winning a big Powerball prize can have significant tax penalties. Lottery winnings are topic to federal earnings tax, and most states additionally impose taxes on lottery prizes. The IRS withholds 24% of the winnings by default, but the actual tax liability could be greater, relying on the winner's total earnings. Planning for tax obligations and contemplating charitable donations to reduce back taxable income are important steps for any j...")