Powerball Jackpot Now At $1 Billion

There Is A 1 Billion Powerball Prize

The Thirdlargest Prize In The Games History Is The 1 Billion Powerball Prize

There Are Two Options For Winners A Lump Sum Or 30 Annuity Payments

Financial Experts Recommend The Lump Sum Option To Maximize Returns

Winners Need To Be Aware Of The Significant Tax Implications That Come With It

There Is A 24 Mandatory Federal Withholding On Winning Over 5000

It Is Possible To Reduce Your Prize By Approximately 124 Million By Opting For The Cash Option

There Is An Automatic Reversion To 396 After 25 Years For Winners In The Highest Tax Brackets