The estimated cash value of the next $1.6 Billion Dollar Powerball jackpot would give a single winner only $463 Million Dollars (rounding to the nearest million approximation) after taking the lump sum payment and deducting the remaining tax liability. This is assuming only federal taxes apply in the jurisdiction where the winning ticket was purchased. The advertised jackpot would have to reach 3.5 Billion Dollars before the actual post-tax prize money would be actually over One Billion Dollars.
I can't believe people pay attention to this like it's news
https://www.youtube.com/watch?v=o-4GypxQ7TU
