Powerball’s jackpot is $1.6 billion, the largest lottery prize ever. If you win, here’s how much would go to taxes
Jonathan Alcorn | Reuters If you manage to beat the odds stacked against hitting the Powerball jackpot, don’t forget you’ll have a silent partner in the win: the taxman. The jackpot for Saturday night’s drawing is now the largest lottery prize ever at an estimated $1.6 billion — pretax — if you were to opt…