A Massachusetts hospital worker just won nearly $759 million and is the single biggest winner of a Powerball jackpot.CNBC created an interesting infographic that illustrates a portion of the enormous chunk of the winnings of the Powerball (or MegaMillions) that goes to pay taxes. There is also a significant reduction when the winner chooses a lump sum payout versus an annuitized payout. You could pay out close to 55% of your winnings in the end, depending on what state you live in. It is a reminder that the long tentacles of the government can take more than their fair share, even when an American is lucky enough to get a windfall.
