Mega Millions jackpot reaches $

if you win a million dollar lottery how much is taxed
➡️【Mk.com】✅You will find that our online casino website✅ provides a variety of casino games you like, bets are suitable for all funds, and we are friendly✅  Before the state of California gives him any of his winnings, 24 percent—$ million—will be withheld and sent directly to the Internal Revenue Service if you find a winning lottery ticket can you claim it Right off the bat, one must consider that the federal government taxes lottery winnings at 24 percent, knocking the cash prize down to a mere (

if you win a million dollar lottery how much is taxed California does not tax lottery winnings If individuals win the lottery in California, they are not required to pay state taxes on their winnings However,  The payer will deduct 24% from your winnings on the spot if you win above a certain amount · You'll report your winnings and your tax payments when you file  The payer must provide you with a Form W-2G if you win: If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% If you

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