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- Best (and worst) states to win the Powerball
Not all states tax lottery winnings the same By Mark Huffman of ConsumerAffairs October 3, 2023 Winning the lottery, especially a billion-dollar Powerball, is a dream. But depending on where you live, youre unlikely to receive all the money. The Internal Revenue Service (IRS) wants its share and in most states, the tax man also takes a significant bite. As far as the IRS is concerned, lottery winnings are taxed as ordinary income, and more than likely winning the lottery will put you in a higher tax bracket. Taking the full amount in a lump sum will send more money to Washington than if you choose to take annual payments in the form of an annuity. Many states, on the other hand, tax lottery winnings differently. Here are the 10 worst states to live and the tax rate they assess if you get lucky. New York… ..... Read More.10 hours ago - Kaiser Permanente Workers Poised to Strike
The health care system provides care for 13 million people in eight states. Union officials say this could be the largest strike by health care workers in recent U.S. history. ..... Read More.10 hours ago - Court Tosses $223.8M Verdict Against J&J in Talc Cancer Case
A New Jersey appeals court on Tuesday threw out a $223.8 million verdict against Johnson & Johnson that a jury had awarded to four plaintiffs who claimed they developed cancer from being exposed to asbestos in the company’s talc powder … ..... Read More.11 hours ago - People Moves: Lockton Europe Taps WTW’s Rowley as Head of N. American Property; Sompo Int’l Name...This edition of International People Moves details appointments at Lockton Europe and Sompo International A summary of these new hires follows here. Lockton Europe Taps WTW’s Rowley as Head of North American Property Lockton, the independent insurance broker, announced the … ..... Read More.11 hours ago
- What you think about: Offsetting the high cost of food
We asked about the strategies you’re using right now to combat the effects of inflation on shoppers: Here are your thoughts ..... Read More.11 hours ago - Independent Agents Are Shopping Premiums Despite Record High Carrier SatisfactionIndependent insurance agents report unprecedented satisfaction with their carrier partners, but that doesn’t mean they aren’t keeping their options open due to the rising cost of premiums. According to the J.D. Power 2023 U.S. Independent Agent Satisfaction Study, overall agent … ..... Read More.11 hours ago
- Rapid Shocks in Store for Insurers in New Bank of England Stress TestsThe Bank of England said on Tuesday it will check the health of general insurers in 2025 with a “stress test” that includes a rapid series of shocks, as sector capital rules are eased. Regulators have introduced stress tests since … ..... Read More.12 hours ago
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