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In this article, we'll break down everything you need to. Before you see a dollar of lottery winnings, the irs will take 25%. 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. That probably makes the hope. Elevate your bankrate experience get insider access to our best financial.
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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