If I won £1 million how much would the taxman get?

if you win 10 million in a lottery how much is taxed
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For example, the United States government imposes a 25% federal tax on any Mega Millions prize above $5,, while the jackpot is subject to a 39% federal

They're also subject to federal taxes If you win big enough, your winnings will be automatically reported to the IRS, and a flat rate of 24%

if i win the lottery meme That's because when anyone wins the lottery, the IRS withholds 24% of the winnings off the top With a large jackpot, if the winner opted for the lump sum cash

if i win the lottery can i give money to my family If no one has the big winner , the jackpot escalates rapidly from about $ 7 million win prizes of $ 1 million or more This is a regular half