Here's your tax bill if you hit the $348 mill..

6 yrs

Here's your tax bill if you hit the $348 million Powerball or $267 million Mega Millions jackpots

https://www.cnbc.com/2019/02/2....5/heres-your-tax-bil

Here's your tax bill if you hit Mega Millions or Powerball jackpot

Here's your tax bill if you hit Mega Millions or Powerball jackpot

If you hit the jackpot, you can expect to pay 37 percent of your income to the IRS, along with ponying up for state taxes in most cases.