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Each received $500,000 and took home $356,250 after required federal and state tax withholdings were deducted.
Source: https://abc11.com/money-powerball-nc-lottery-1-million-food-lion-coworkers-garner/12982281/
Nunn claimed her prize Thursday at lottery headquarters and, after required federal and state tax withholdings, took home $71,251.
Source: https://jocoreport.com/wayne-county-woman-wins-100000-powerball-prize/
Third, first quarter is when approximately 80% of our employee equity grants vest, which in turn drives share purchases by DHI to cover the income tax withholdings.