If you hit the $237 million Powerball jackpot, this is your tax bill

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If you hit the $237 million Powerball jackpot, this is your tax bill
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If you hit the $237 million Powerball jackpot, this is your tax bill.

While the odds are stacked against players hitting the jackpot — your chance is about 1 in 292 million — the IRS gets a piece of every big win.

After more than eight weeks with no big winner, the lottery game's top prize is $237 million for Saturday night's drawing. And while the odds are stacked against players hitting it — your chance is about 1 in 292 million — the IRS always gets a slice. "Winners have to plan for any additional amount that will be due ... to the IRS and the state," she said.

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