Powerball jackpot just hit $1.2 billion. Here's what you'd pocket after taxes

After Saturday night's drawing came and went without a winner, the Powerball jackpot has ballooned to a staggering $1.2 billion (yes, billion with a b.) The next drawing is Wednesday, Oct. 4, and according to the Multi-State Lottery Association, it's the third largest jackpot in Powerball history.…

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