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Wonkblog: One of the $564 million Powerball lottery winners might actually be a lot luckier than the others

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Wonkblog: One of the $564 million Powerball lottery winners might actually be a lot luckier than the others

The only thing better than winning the lottery might be winning the lottery in Puerto Rico.One of the three winners of the recent $564 million Powerball jackpot purchased their prize ticket at a gas station in Ponce, a municipality in southern Puerto Rico, marking the first time anyone outside the continental United States has shared in the lottery's winnings. The victory is something of a miracle for the island, where Powerball has only been operating since October. It also raises a question that could be worth more than $30 million for the lucky ticket holder: Will the winner have to pay federal taxes on the prize money, or will the cash come free of federal taxes like all other lottery prizes that are doled out on the island?Read full article >>

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