US Powerball winners now billionaires in SA terms

The US$448 million US Powerball jackpot will be shared by three winners, two in New Jersey and one in Minnesota, according to lottery officials, reports abc News. Just compare this to the SA Powerball winnings. The US jackpot, split three ways, meant that the person or people holding each of the tickets walked away with nearly R1.5 BILLION each. Shame, in the US, that is before taxes. But, even at a horrible tax rate, they’d still be very, very multi-millionaires.