smartphones exploding. markets tanking, then rallying. and a billionaire businessman winning. here are the top ten money stories of 2016. number ten. the biggest jackpot in history. power ball mania spread as the prize climbed past the billion dollar mark. on january 13th. three winning tickets and a record $1.6 billion power ball drawn. that s $187 million for each winner. don t forget after taxes. number nine, the donald trump stock bounce nobody saw coming. the market gyrations began as trump s victory looked more certain election night. u.s. stock futures are down nearly 500 points. dow futures kept sinking then donald trump gave his acceptance speech. promising to heal wounds. futures bounced off the lows and by the end of trading day, the
winning. here are the top money stories of 2016. number ten, the biggest jackpot in history. powerball mania spread as the prize climbed past the billion dollar market. then on january 30? the $1.6 billion powerball drawn. that s about $187 million that each winner, don t forget, after taxes. number nine, the market gyrations began as trump s victory looked more certain election night. u.s. stock futures are down nearly 500 points. dow futures kept sinking and then donald trump gave his acceptance speech promising to heal wounds. futures bounced and by the end of the trading day, stocks were rallying. the dow hit a high and fell more than 1200 points after the
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a ukrainian teenager were killed when a fast rushing pile calm downing down the ski slope. the largest prize in history will be split three ways. california, florida and tennessee, christine romans, aka, auntie christine has sage advice for any winner. hi. assuming any of the winners take the lump sum of $930 million split three ways, that s $310 million each. than the tax man coming for his share. it will be taxed ted highest federal income bracket, 39.6%. that s the cut that winners and florida and tennessee will get. they re extra lucky. there s no state income tax there. they ll get $187 million after taxes, right? the winner in california will likely fork over another 12.3% in state income tax for a total
those details soon. here s what we also know. this ticket, if the winner decides to go for the lump sum after taxes, the ticket that was sold here will be worth about $187 million. also worth noting, 11 tickets worth $1 million were also sold in the state of florida. and one ticket worth $2 million also sold. so there s a lot of people in florida potentially with some winning tickets here. i take the $187 if i had a choice between the $187 orred two or the one, i would take the $187. you re very bold. alina machado, sara sidner, polo, thanks so much. a lot of other news we re looking atd right now. 35 minutes after the hour. isis is now taking responsibility for the paris style attack that left two people dead and more than a dozen others injured in jakarta. now officials are on the hunt for anyone who might have helped the attackers. also ahead for us, rand paul still fighting to make the main stage for tonight s gop debate.