With the Powerball lottery jackpot a record-breaking $1.9 billion, you probably don't have to worry about having enough money if you win.
But the amount winners take home differs by hundreds of millions depending on the payout they choose and whether their state taxes the winnings as income.
There are two payout options to choose between: The full jackpot amount spread out over 30 years as an annual payment, or a lesser amount of $934.8 million as an upfront lump sum payment, according to Powerball.
All winners must pay an automatic 24% federal withholding tax, but they almos...