When It Comes To Taxes, Where Not To Win Powerball

No one won the Powerball on Wednesday night. The Powerball lottery is now up to $700 million, the largest jackpot in U.S. history. A sign in the window of a liquor store shows the Powerball lottery jackpot at $700 million in Washington, DC, on January 7, 2016. The largest jackpot in lottery history, a whopping $700 million, is up for grabs in the United States on Saturday, driving feverish excitement among lotto players dreaming of becoming millionaires. AFP PHOTO/NICHOLAS KAMM / AFP / NICHOLAS KAMM (Photo credit should read NICHOLAS KAMM/AFP/Getty Images) The winner of the jackpot can choose to take the mega-millions over a lifetime or opt to take a lump sum payment. The lump sum is...