Cash vs annuity: Which Mega Millions, Powerball jackpot payout

Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%

powerball Current Jackpot $41,000,000 EST CASH VALUE $19,400,000 next drawing: July 7 ; mega millions Current Jackpot $181,000,000 EST CASH VALUE

lottery online 24 hours There are two payout options for the lucky winner: a lump sum of $ million or an annuity worth $1 billion Both are pretax estimates The

lottery sambad kolkata fatafat Most jackpot winners go with the lump sum, which means they get the “cash value” of that jackpot For Powerball's $ billion jackpot, the