Oregon withholds an 8% state tax on lottery prizes of $1,500 or more. So, your lottery prize payout comes minus the 8% state tax. The state reminds taxpayers that any large lottery prize is ...

What are the luckiest states to play the Powerball in? Has a jackpot winner ever come for your state? Here's what you need to know. The Powerball began back on April 22, 1992 with 14 states and ...

not every state would offer the same payout. Mega Millions jackpots, as well as any large lottery prize, are subject to taxes. Your local lottery has to withhold 24% in federal taxes in addition ...

Yes, Powerball prizes can expire if not claimed within a specific time frame. Of course, this varies by state, so it’s ...