
Photo courtesy of Flickr user 401(k) 2012
Let's say you won the Powerball drawing - top prize was $580,000,000 and it was split in half - so that's $290,000,000. You should CASH THAT SUCKER RIGHT NOW - because if you wait until the "fiscal cliff" situation comes to fruition, you'll be out nearly extra ELEVEN MILLION DOLLARS. See the tax tables for 2012 here, and the tax tables for 2013 here.







