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Q1. What happens if a quantity of folks win the jackpot?
A1. If more than one particular person holds the winning ticket, the jackpot is split equally among the winners.
Q2. Can you stay nameless when you win?
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Q3. How are the winnings paid out?
A3. Winners can select between a lump sum payment or an annuity. The lump sum is paid all at once but is considerably less than the marketed jackpot. The annuity is paid out over 30 years.
Q4. What taxes apply to Powerball winnings?
A4. Federal taxes apply to all Powerball winnings. Additionally, state taxes could range, and some states don’t tax lottery winnings at al
