Ok, now you're our lucky Powerball winner; you have one of two options. After paying federal taxes on it, we calculated that you'd have million left. That makes the $400 million jackpot worth, assuming the tax rates don't change This chart shows what happens when you invest your winnings.
Should Powerball Jackpot Winners Take the Annuity or the Lump Sum? By our own calculations, taking the lump sum does indeed make more sense. After capital gains taxes, it just takes an extremely conservative.
The Florida(FL) Lotto prize analysis tells you how much you would get after state, 50% of the jackpot amount as an example to calculate the tax liability and the. American Lottery After Taxes Calculator - How Much Money Do You Get to Keep If You Win the Jackpot?