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The lottery only withholds 25% of Powerball jackpot winnings, but when state and federal taxes are added in, winners pay much, much more.The latest Texas (TX) lottery results and winning numbers for Lotto Texas, Powerball, Mega Millions and all other Texas lottery games.

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The lottery association the runs Powerball was formed in 1987.

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It is operated by the Texas Lottery Commission, headquartered in downtown Austin.

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Mega Millions Annuity Jackpot Analysis for Texas (May. 9, 2017 Drawing) Media: You may freely use any information on this page, but you must credit www.Last Updated:. the store receives a bonus of 1% of the jackpot prize fund,.It was sold at the Lone Star Food Store, according to a press release from the Texas Lottery.

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