Here’s the tax bill on Powerball, Mega Millions jackpots so far this year

Here’s the tax bill on Powerball, Mega Millions jackpots so far this year

If you hate paying taxes, at least it’s a reason to pretend you’re glad you never win big in the lottery.
So far this year, the 12 winners who have hit Powerball and Mega Millions jackpots — worth an advertised $3.3 billion in all — have collectively fed roughly $505.5 million to the IRS. And that won’t be the last of it.
“There is still a sizable tax bill coming, for sure,” said April Walker,…

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