What would the $ billion Powerball jackpot's tax bill be in your

What would the $ billion Powerball jackpot's tax bill be in your how much lottery tax
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how long are lottery tickets good for Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes,

how to tell if a video poker machine is going to hit The 2024 federal tax brackets place the Mega Millions jackpot winnings at a 37% tax rate, whether the winner opts for the lump sum or not That's because the 37 As per the Income Tax rules, money won in a lottery or any competition is taxable You will have to pay a flat 30 per cent of the winning amount