Winning the lottery is great and all, but the taxman can knock your prize down a few rungs.

Winning the lottery can create instant wealth, but it also introduces immediate tax considerations. U.S. tax law generally treats lottery prizes as taxable income at both the federal and, in many ...

The jackpot for Monday's Powerball drawing has climbed to $750 million, the tenth largest grand prize in the lottery game's history. The three-quarters of a billion jackpot is for a single-winning ...

When you dream of winning the lottery, you probably imagine dramatically quitting your job and spending hours on the beach. Perhaps you’re zipping around town in an elite sports car. Maybe you’d just ...