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Old November 26 2012, 08:47 AM   #33
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Re: Powerball. What could you do with a 425 million dollar lottery win

Locutus of Bored wrote: View Post
Mr. Laser Beam wrote: View Post
After taxes, there probably wouldn't be much of it left anyway...
With a $425 million dollar jackpot, a single winnerís one-time lump sum cash payout would be $278,300,000.
I wonder how much I could give to charity, so that the charitable deduction resulted in a zero federal tax?

Washington State doesn't have a personal income tax, but I'm not sure if that applies to multi-state lotto winnings.

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