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Powerball Jackpot Exceeds $900 Million—Here's What The Winner

Powerball Jackpot Exceeds $900 Million—Here's What The Winner

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All lottery winnings are subject to Federal taxation (automatically reported Winning Powerball jackpot ticket worth $842 million sold at Michigan food store

Lottery winnings are not taxed twice Under both the federal and state tax system, they are considered ordinary taxable income You pay tax on your winnings Michigan Attorney for Lottery Winner · How to Protect Lottery Winnings in Michigan · Lottery Winner Financial Planning · Making Your Lottery Winnings Last · Taxes

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