How much would the $ billion Powerball jackpot's tax bill be?

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Since the tax withholding rate on lottery winnings is only 24%, some lottery state taxes lottery winnings, you may have to add state taxes

Unlike most other states, New Hampshire does not have a state tax on lottery prizes, so the net lump sum payout is $585,370,045 If you take

lottery on youtube State Government If the award is given in the public interest Tax Rate: Lottery or game show income is subject to income tax at

lottery result 20 11 23 2 How do you calculate taxes on Mega Millions? You can compute your net lottery winnings by subtracting federal , state (0-