The Brief
If you beat the odds and win the $1.7 billion Powerball jackpot Wednesday, the amount of money you get will depend on where you live.
Eight states don’t tax lottery winnings at all, while others tax as much as 10.75%.
The Powerball jackpot for Saturday night has soared to a whopping $1.7 billion after no one won the big prize Wednesday.
The Powerball prize is the third-largest U.S. lottery jackpot, behind the $2.04 billion Powerball jackpot won on Nov. 7, 2022, and the $1.765 billion Powerball jackpot won on Oct. 11, 2023. Both prizes were won in California.
No one has won the grand prize since May 31, and the 42nd drawing on Saturday will set the record for the most consecutive drawings without a big winner.
A man checks his Powerball lottery ticket in Foster City, Calif