A single mother from the small Iowa community of Redfield has claimed her share of a nearly $700 million Powerball prize.
Iowa Lottery officials confirmed Monday that Lerynne West was one of two winners of a $688 million jackpot drawn Oct. 27. She’ll share the prize with someone who bought the other winning ticket in New York City.
West opted for the cash option, which will pay her an immediate $198.1 million, minus taxes.
{Matzav.com}
Why does she have to pay tax on top of the tax?