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Powerball Hits $1 Billion Jackpot | Richmond News
Powerball just hit a historic $1 billion jackpot—yes, one BILLION—after no one won the previous drawing. The cash option? $422.3 million. It’s the 8th-largest Powerball jackpot ever and the 15th-biggest when you count Mega Millions too. Last time we saw something this massive? A $980 million Mega Millions win in Georgia last fall. But here’s the catch: even if you’re lucky enough to win, Uncle Sam’s already got 24% of your prize—and that’s before state taxes, which can knock another 37% off depending on where you live. New York might leave you with $522M, while some states could let you walk…
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