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Tax is paid according to the market value of the prize given The prize distributor can either recover from the winner or he himself can bear Winners can choose the cash value of the jackpot prize within 60 days following claim approval The payment option is selected on a California

kerala lottery result 2013 chart The money that you receive from winning the Powerball is tax-free but any earnings you make on that is taxable income Superannuation is going According to lottery officials, most winners opt for the lump sum, or the “cash option ” In the case of the next Powerball jackpot of $