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Powerball Ticket Sold In Michigan Wins $842 Million Jackpot—Here’s How Much The Winner Will Take Home After Taxes

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The first big lottery prize of the new year comes after a record-breaking 2023 which saw four billion-dollar jackpots.
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A single ticket sold in Michigan won the $842.4 million Powerball jackpot on Monday night—the first big lottery purse of the new year and the fifth largest in Powerball history—although the winner will take home a significantly smaller amount after paying their taxes.Key Facts

Powerball said the winning ticket sold in Michigan was the only one to match the six numbers drawn on Monday: 12, 21, 42, 44, 49 and red Powerball 1.

The winner now has to choose between receiving a $842.

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