Mega Millions jackpot hits $940 million If you win, here's the tax bill

taxes on million dollar lottery
➡️【Mk.com】✅अपना वन-स्टॉप ऑनलाइन कैसीनो बनें✅। 100% जमा मिलान स्वागत प्रस्ताव। स्लॉट, ब्लैकजैक, रूलेट, क्रेप्स और लाइव डीलर अनुभव। ✅  Dan taxes on lottery winnings calculator

Good question If you're wondering if you have to pay tax on lottery winnings then guess what, you've come to the right place!

For Tuesday's $810 million prize, annuity would be about 30 average annual payments of $27 million Of that, there is a 24% federal tax, which lottery winnings above the million-dollar threshold will be taxed at 9%, which is accurate But the narrator's next sentence is misleading

berlian 888 slot How do lottery taxes work? ; 10% $0 to $11,600 10% of taxable income ; 12% $11,601 to $47,150 $1,160 plus 12% of the amount over $11,600 ; 22 The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn