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Powerball jackpot is $1.6 billion. If you win, here's the tax bill

Powerball jackpot is $1.6 billion. If you win, here's the tax bill

If there's a winner in Saturday night's Powerball drawing and they pick the upfront cash option, here's the tax bill that would come with their windfall.
If there's a winner in Saturday night's Powerball drawing and they pick the upfront cash option, here's the tax bill that would come with their windfall.

If you hit the $750 million Powerball jackpot, here's your tax bill

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