The $1.787 billion Powerball drawing will be split in half after two players won the jackpot Saturday (September 6) night.

The two winners, one from Missouri and the other from Texas, are each entitled to a lump-sum cash payout estimated to be $410.3 million before taxes, lottery officials confirmed via the New York Post . The IRS typically withholds 24% of lottery winnings, however, the two winners could be taxed the full 37% rate as they fall into the highest income bracket, at which point they will be left with about $258.5 million.

State laws will also play a factor as Texas doesn't levy a state income tax, therefore the winner from the Lone Star State can keep their full amount, while Missouri imposes a 4% tax on lottery winnings, at which point the player will take home about

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