The Powerball lottery jackpot has crept up to a sizable $366 million ahead of Saturday night’s draw, but if you’re lucky enough to win, the amount you actually take home is likely far less. It depends on two factors: the type of payout you chose and the state you live in. For the payout, you have two options: a lump sum paid out right away or an annuity spread over 30 years. With the annuity option, you’ll receive the full jackpot amount. With the lump-sum payout, you will receive 52% of the jackpot amount, according to calculations by lottery site usamega.com. Many winners choose the lump-sum option since the money ... (full story)