A lucky person who bought a ticket in Arkansas will take home a whopping $1.817 billion Powerball jackpot, which has a cash option of $834.9 million.
The Christmas Eve prize is the second-largest U.S. lottery jackpot ever won and the largest Powerball prize this year, according to a news release from the Multi-State Lottery Association.
Oh, don’t be fooled, they take some cuts out of the raw ticket sales too, not directly taxed, but something like 50+% of sales doesn’t go to the jackpot. Capitalism loves to take a cut everywhere it can, and it has been allowed to just run completely rampant here.
I wouldn’t say taxes in general are lower everywhere here, that was just the income tax comparison, there’s several other forms of taxes to pay, everywhere they can take a cut, except where the rich can bribe them not too of course.