What if you won the lottery and after taxes you got 1 million dollars?

1 million dollar lottery after taxes
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PARRISH, Fla — A woman turned $50 into $1 million after playing a scratch-off game The Florida Lottery announced on Monday that

Take out a 24% federal tax — or $ million — as well as $ million in additional federal taxes, and the winner is left with $23,137,045 each Lottery winnings are subject to federal and sometimes state taxes If you win big, plan for the taxes ahead of time Updated May 24, 2024

5 slot level bonus Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax After taxes, the Powerball winner could be left with either $351 million or $681 million, depending on whether they take their winnings as a