how much is the jackpot for powerball
Wyoming No tax on lottery winnings. In other words, if the winner of the Powerball jackpot lives in New York City, heâd fork over a grand total of $486 million in taxes ($368 million in federal, $118 million in state and local taxes), and the net payout on the $930 million lump sum option would be âonlyâ $444 million.