How much tax would be owed on Mega Millions' $1 billion ticket?

mega millions lottery tax calculator
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With a federal tax rate of 37%, a Mega Millions winner would pay a Maine has a rate of %, according to Lottery USA Some cities

Mega Millions Jackpot Analysis ; Gross Prize: 30 average annual payments of $6,766,667 Cash: $96,000,000 ; - 24% federal tax: - $1,624,000 - $23,040,000 ;

mega game slot Annual installments would pay out an average of $ million per year with a 37% federal marginal rate Some states tax lottery winnings, with

mega rich slot Every Mega Millions or Powerball jackpot winner has the option to take You can estimate the numbers on your big win with our lottery tax calculator