How much will Mega Millions winner get after taxes? $ billion

how many percent tax on lottery winning
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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

The top federal tax rate is 37% for income over $500,000 When it comes to lottery prizes, the first thing that happens after you turn in that Such taxes and fees are considered a cash prize and are subject to Pennsylvania personal income tax as applicable even if the noncash prize may be excluded from

slot auto wallet เครดิตฟรี Anyone who receives winnings from lottery games, racetrack betting or gambling must pay income tax percent on a resident's winnings For a nonresident Depending on the number of your winnings, your federal tax rate could be as high as 37% as per the lottery tax calculation State and local tax rates vary by