Keyword Analysis & Research: powerball

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Frequently Asked Questions

What are the ways to win Powerball?

Quick Answer. To win the grand prize, Powerball players must match all five of the white balls drawn plus the red powerball. There are several other ways to win smaller amounts by matching a variety of the numbers drawn each Wednesday and Saturday night.

What happens when you win Powerball?

If you win the Powerball jackpot, you have to pay tax regardless of which option you choose. Players should be aware that 14.6 percent in federal tax is due to be paid on all jackpot winnings at the beginning of the next tax year in addition to the 25 percent, which is paid immediately before you receive your winnings.

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