We like to joke on the air about winning a big jackpot and you will never hear from or see us again, and while that may or may not be true, can you imagine what you would do with an almost $2 Billion lottery payout? It boggles the mind. Let's see how much you would really get to take home?
Are you one of those "Fair-Weather Lottery Fans" like me? When that jackpot grows to ridiculous proportions, that's when little old me starts paying attention again. I still have a huge problem though, actually remembering to go play!
On Wednesday, the Powerball lottery reached a record $587.5 million. So far two winning tickets have been announced, one in Arizona and one in Missouri. But there's at least one more guaranteed winner: the Internal Revenue Service.
Lottery winners can take their prize in the form of a lump sum or an annuity paid over the next 29 years...