The Powerball jackpot that rolled into Christmas Eve did more than break records, it turned a single ticket into a ...

The advertised $1.10 billion Powerball jackpot is the kind of number that makes people mentally quit their jobs on the spot, ...

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

At the state level, Arkansas taxes lottery winnings as ordinary income. With the state’s top marginal income tax rate at 3.9% ...

WASHINGTON — The Powerball jackpot has hit $1 billion again ahead of Saturday night's drawing. But if you somehow beat the lottery's astronomical odds, you'll have a hefty tax bill waiting for you.

If you take the cash option, you would receive $781 million before taxes. From that amount, there will be a federal tax of 24 ...

The odds are steep, 292.2 million to one. Those are the chances of winning the jackpot of Powerball. But an expert has some ...

The jackpot for the next drawing on Wednesday night has soared to an estimated $1.25 billion, the sixth largest ever.

If they take the cash option, they would receive $834.9 million before taxes. From that, there will be a total federal tax of ...