Here's the tax bill for the $875 million Powerball jackpot
Right off the bat, lottery winnings over $5,000 are subject to tax withholding of 24% Additionally, depending on how much you are taking home
Betting, Gaming and Lottery Tax what is the lottery tax
➡️【Mk.com】✅Best Casino Play online casino at ➡️【Mk.com】✅! ✓ Explore a wide variety of online casino games and fully enjoy your gaming experience✓! ✅ Right off the bat, lottery winnings over $5,000 are subject to tax withholding of 24% Additionally, depending on how much you are taking home what was the lottery numbers yesterday
The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn
what happens if you win the lottery The winner of the $ billion jackpot has hefty taxes coming IRS withholding takes $187992000 up front, and $101829000 more is due April
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