Tonight is the next drawing for the Powerball and initial estimates predicted that the jackpot wold be at $650 million by tonight's drawing, making it the 2nd largest jackpot in Powerball history.
However, according to the Powerball website, it has surpassed that amount to land at an estimated $700 million (or a 443.3 million cash value.)
So, let's just say that you won the big money, how much of that would you have to give to the government? Real Simple Magazine has broken down by state how much you'd pay in taxes. Click HERE to see what it would cost you in Florida. (Look at all of us optimists, clicking to see how much we'd have to give up if we won! LOL)
— Real Simple (@RealSimple) August 23, 2017