What Happens When Players Hit the Lottery Jackpot in California?

Lottery winnings are taxed for the year in which they are collected, allowing winners who choose annuities to spread out the tax bill If you win a house, boat,

The rest is mostly personal finance 101: Pay off your debts, set up savings for college, diversify your investments and keep up a robust

hitomi av Please Note: When you play online, here's how to claim depending on the size of your prize: If you have questions about the claims process, please see our

hit the lottery But don't plan on entering a new tax bracket anytime soon The odds of winning a Powerball jackpot — no matter the size — stand near 1 in