The individual making the alimony payment cannot claim the amount as a deduction under their income tax returns. While ...

Here are Wednesday’s winning lottery numbers: The estimated Powerball jackpot is $31 million. The lump sum payment before taxes would be about $13.8 million.

If you decide to claim your prize in one lump sum, the prize amount right off the bat is lowered to $930 million. And with the 39.6% tax rate in effect, you’ll only be able to add $561.7 million ...