Money

Powerball is at $1 billion! But if you win it, higher interest rates will cost you millions

Frank Witsil, Detroit Free PressComments Off on Powerball is at $1 billion! But if you win it, higher interest rates will cost you millions

The Powerball jackpot is up to $1 billion million for Wednesday's drawing, but the lump-sum payout option is less than half of it.

     
Frank Witsil, Detroit Free Press
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