Receiving a sudden windfall can come with a whirlwind of emotions — and confusion. The dark side of winning the lottery is the possibility of a huge unexpected tax liability. It's a fact we may not like, but it's still a fact. After all, that dream is what keeps selling those tickets. That probably makes the hope.
The dark side of winning the lottery is the possibility of a huge unexpected tax liability.
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Winners of the kansas lottery share their good fortune not just with family and friends but also with the internal revenue service and the kansas department of revenue.
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Receiving a sudden windfall can come with a whirlwind of emotions — and confusion.
Receiving a sudden windfall can come with a whirlwind of emotions — and confusion. Finder is committed to editorial independence. You'd better be if you play the lottery. Take a deep breath and follow these steps. Everybody needs money to survive. Play the mega millions or powerball? Elevate your bankrate experience get insider access to our best financial tools and content elevate your bankrate experience get in. Many of the offers appearing on this site are from advertiser. Another inescapable truth is that most of us could use more money for the things we need as well as the things we just want. It's also in the dreams of many taxing authorities, too. The chances of winning the lottery are extremely low — the odds of winning the powerball are one in 292.2 million, according to fortune — but people do win, becoming overnight. Is it ever worth playing the lottery? It's just about everyone's dream to win the lottery and retire for life.
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