Powerball's $1.6B Jackpot: Why Winners May Receive Only $128.5M

TL;DR Summary
Winning the $1.6 billion Powerball jackpot won't make you a billionaire due to taxes, splitting the prize, and professional fees, leaving an estimated $128.5 million after deductions, making you a very wealthy individual but not a billionaire.
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
5 min
vs 6 min read
Condensed
96%
1,055 → 37 words
Want the full story? Read the original article
Read on MarketWatch