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A single Powerball ticket sold in California won the second largest lottery jackpot in October 2023 Taken as a cash payout instead of an

The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn  If chosen, the lump sum payout will drop to $ million after a mandatory federal tax withholding of 24% is deducted The winner could then

ohio lottery archive Powerball tickets cost 2$ per play Add Power Play for $1 to multiply your winnings Add Double Play for $1 for a chance in a second drawing  As for the next drawing, there are two payout options: a lump sum of $ million or an annuity worth $ billion Both are pretax estimates