If you win the $600 million Powerball, the tax man cometh

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Federal, state and local income taxes are withheld from prizes over $5,000 or from prizes over $600 when the winner does not present a social security number

Division · Lottery · Inc · · Games Corp · Lottery · Newstand & Lotto · 8  How to cash in a winning prize over $600 If your prize is more than $600, you can take it to a Virginia Lottery customer service center or one

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