Mega Millions: The kids from Good Day LA say what they would do if they won a billion dollars
This is how the children would spend the money.
ORANGE COUNTY, California. – You’re lucky? Someone in California might be $44 million richer.
According to the California Lottery website, the Powerball jackpot winning ticket was sold late Monday night at a Ralphs grocery store at the Golden Lantern in Dana Point.
The news came when Powerball held a drawing on August 19.
Below are the winning numbers apparently drawn by a person who purchased a Powerball ticket in Dana Point:
1, 2, 15, 23, 28. PB: 10
The new $20 million jackpot drawing will take place on Wednesday, August 21.
HOW MUCH DO YOU PROFIT AFTER TAXES?
There are 20 million reasons to dream, especially about what you would do with the jackpot money. However, all lottery winners must expect to have to pay taxes on their winnings.
So how much do you actually have left after taxes?
This depends on several factors: Do you have to pay taxes where you live? Are you taking the lump sum payment or the pension payment?
According to the Powerball website, those who choose the annuity option will receive an immediate payment followed by 29 annual payments.
RELATED: Powerball Payout Calculator: How Much Would You Get After Taxes If You Won?
