Powerball Jackpot Passes $1 Billion—Here's What The Winner Will

1 million lottery after taxes
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After all the federal taxes, including the 24% tax, your total jackpot will be $493,516,045 What do you want to know about life in Sacramento?

In Massachusetts, any lottery prize over $600 is taxed at 5% If someone reports an income over $1 million, that triggers the additional 4% “ Use the lottery tax calculator to estimate the tax amount deducted from a lottery prize, received as either a lump sum or through annuity payments

today lottery dear lottery result The chances of winning the Powerball jackpot are about 1 in million, the game's rules say Both Mega Millions and Powerball task players That leaves the winner with about $364,888,000 with the cash option after taxes — an embarrassment of riches, to be sure, but significantly less