Win Powerball, Taxes Won't Hurt So Much | NBC Connecticut

Win Powerball, Taxes Won't Hurt So Much

    processing...

    NEWSLETTERS

    If you're worried about where you'll find the money to pay your taxes, you might want to think about buying a lottery ticket.

    The clock is ticking down to the deadline to file your taxes.

    But if you're worried about where you'll find the money to pay Uncle Sam, you might want to think about buying a lottery ticket.

    Wednesday's Powerball drawing is up to a whopping $175 million, which the Connecticut lottery says is the world's biggest.

    If you have the winning ticket and choose to receive the payment as a lump-sum cash value, that's a prize of $63.5 million (before taxes). The winning numbers will be drawn at 11 p.m.