Winner of $768.4 Million Powerball Jackpot Will Have a Giant Tax Bill

Winner of $768.4 Million Powerball Jackpot Will Have a Giant Tax Bill
A customer purchases Powerball lottery tickets at a convenience store in Washington on Nov. 26, 2012. Saul Loeb/AFP/Getty Images
Jack Phillips
Jack Phillips
Breaking News Reporter
|Updated:

The winner of one of the largest lottery jackpots in U.S. history was announced on March 28, but they will have to pay about $200 million in taxes after it’s all said and done.

The winner, from Wisconsin, matched six numbers during the Powerball drawing on March 27, winning $768.4 million, which is the third largest in history. The Journal-Sentinel reported that the winning ticket was bought in New Berlin, Wisconsin, and the numbers were 16, 20, 37, 44, 62, and Powerball 12.
Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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