Topline British energy giant BP on Tuesday reported its highest-ever annual profits, the latest in a series of bumper earnings reports from oil and gas companies reaping the rewards of soaring energy ...
Tag: Windfalls
Powerball jackpot hits $1 billion. If you win, here’s the tax bill
The jackpot for Powerball’s Monday night drawing is a whopping $1 billion. Sort of, anyway. The advertised number represents the pretax amount you’d get if you were to receive your windfal...
Mega Millions jackpot is $410 million. 3 key things to do if you win
Will Lester | Medianews Group | Getty Images There’s a chance that a Mega Millions player is going to wake up Saturday morning with a $410 million windfall in their lap. That’s the adverti...
$1.34 billion Mega Millions winner must claim lump sum by Sept. 27
A customer at the 7-Eleven on Chino Hills Parkway in Chino Hills receives there lottery tickets on Wednesday, July 27, 2022 where Fridays Mega Millions payout is expected to exceed $1 billion. Will Le...
4 key considerations if you hit $1.28 billion Mega Millions jackpot
1. Breathe Instead of impulsively rushing to lottery headquarters to claim your prize, take a deep breath. You have some time to claim your prize — anywhere from three months to a year, depending on w...
Mega Millions jackpot is $790 million. If it’s won, here’s tax bill
Scott Olson | Getty Images If you manage to beat the odds and land the next Mega Millions jackpot, don’t forget that Uncle Sam will snatch a slice of the windfall. The top prize has surged to $7...
Tax bill for Vermont winner of Powerball $366.7 million jackpot
If you’re holding the winning ticket for Powerball’s $366.7 million jackpot, don’t forget about your silent partner: Uncle Sam. After rolling higher for about two months of three wee...
A $1 million Mega Millions ticket is about to expire
It looks like a Mega Millions player is about to join the ranks of lottery winners who end up missing out on a windfall. A ticket purchased in Lewisville, North Carolina, and worth $1 million will exp...
Powerball’s $473.1 million jackpot has a winner. Here’s the tax bill
Joe Raedle | Getty Images News | Getty Images A single lottery ticket sold in Arizona is about to change someone’s life — after the IRS takes a piece of the windfall, of course. Wednesday night&...
Powerball’s jackpot is $454 million. What to do first if you win
Justin Sullivan | Getty Images If you play Powerball, there’s a good chance you’ve daydreamed about how you would spend the money if you hit the jackpot. With the lottery game’s top ...
How much winners have hauled in over the years
Saul Loeb | AFP | Getty Images There’s a chance — a tiny one — that a Powerball player will manage to turn $2 into $421 million on Monday night. That’s the jackpot amount heading into the ...
A $1 million Powerball ticket expires soon. Many prizes go unclaimed
Justin Sullivan | Getty Images Powerball players may want to make sure they’re looking more closely at their numbers after each drawing. In about two weeks — on May 5 — a ticket purchased in Mic...
Cash-rich states are slashing taxes amid revenue windfalls
Anchiy | E+ | Getty Images And this year, at least a dozen states have made cuts or are eyeing reductions, including both temporary and permanent measures, according to the Tax Foundation. While the...
Mega Millions’ jackpot is $421 million. What to do if you win
MARK RALSTON | AFP | Getty Images Sure, the chance of your ticket hitting the Mega Millions jackpot is tiny — roughly 1 in 302 million. Nevertheless, it’s worth considering what you’d do i...
Powerball’s jackpot is now $630 million. What to do first if you win
Warren-Pender | iStock Editorial | Getty Images Yes, you have another chance to win a ton of money in Powerball. No, you probably won’t win. The jackpot jumped to $630 million from $610 million ...
Powerball’s jackpot surges to $540 million but isn’t among 10 largest
Justin Sullivan | Getty Images The Powerball jackpot just won’t quit. Through 38 drawings over three months, no ticket has managed to match all six numbers drawn. For Monday night’s drawin...