How much money will you get after taxes if you win the Powerball

florida lottery taxes
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The year you receive your lottery payout, you'll be subject to income tax on those earnings, which will be the full 37 percent, since you'll fall in the highest

Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax According to the Florida Lottery, games can be played and won by anyone 18 years of age or older, regardless of age, citizenship, race or

uganda national lottery 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 LAKELAND, Fla — Thousands of Floridians have had their lottery winnings withheld by the state because they were overpaid in unemployment