how much does irs take from lottery winnings
How much would the $ billion Powerball jackpot's tax bill be?
how much does irs take from lottery winnings
how much does irs take from lottery winnings
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how much does irs take from lottery winnings Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax The federal government will immediately take $142,824,000 from that cash option Remember, the rest of your federal tax bill comes next The Internal Revenue Service imposes a federal tax rate of 24%, and California's state income tax, with rates ranging from 1% to %,
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