Mega Millions After Taxes: How Much Will the Winner Get?

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How does my change from a resident to a nonresident affect my New York State income tax obligation with respect to the lottery prize payment that I received as

When a lottery prize is claimed by a group, family unit, club or other organization, the multiple winners will be required to file an Internal Revenue Lottery winnings that are more than $5,000 get a federal tax of 24%, therefore, you'll be cutting more than $12 million from the annual payments

fortune coin slot game The Mega Millions lotto pot for Jan 15 is the second largest it's ever been Taxes on the lotto go to state governments, but often the How it works: Ohio lottery winnings over $600 are taxed as income If I won today's $550 million jackpot, I'd pay 24%