Discover how taxes slash a $1.5 billion Powerball jackpot, with winners taking home far less after federal and state cuts.

Monday’s jackpot ranks as the fourth largest in Powerball history and the fifth largest among U.S. lottery jackpots.

The lottery craze is back, and this time it's massive. Dreams of instant wealth are flooding social media, gas stations are ...

Tickets are $2 each and are sold in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Powerball drawings are held every Monday, Wednesday, and Saturday at 10:59 p.m. ET.

If the winner takes the lump sum, they will immediately face a federal withholding tax of 24%, bringing their winnings down ...

Winning a jackpot feels like total freedom, but the law quietly fences off a surprising amount of what you can do with that ...

The Powerball jackpot has become one of the highest in the history of the game, and for Tennessee residents, there may be ...

The jackpot for Monday's Powerball drawing has climbed to $750 million, the tenth largest grand prize in the lottery game's history. The three-quarters of a billion jackpot is for a single-winning ...

If someone wins the $1.25 billion Powerball jackpot for Wednesday, Dec. 17, they'll have a hefty tax bill to pay. How much ...

PIERRE, S.D. (KELO) — Expanding video lottery could generate additional revenue that could be used for property-tax relief, according to a lobbyist for South Dakota video-lottery businesses. That’s ...

Because lottery winners are often left to their own devices, Irwin recommends assembling a team of advisors as soon as ...

Alfred Duquette of Bridgewater was the first grand prize winner in the Massachusetts State Lottery's "100X" instant ticket ...