How much $ Powerball winner takes home after taxes

1 million lottery after taxes
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withholding limit to $ 5,000 or more won in a State lottery , removes the 300 - to

Yonkers withholding taxes? A: All prizes won on or after October 1, 2000, are subject to New York State withholding tax if the proceeds exceed $5,000 It will vary from state to state, but you can roughly expect to receive $600,000 after taxes Unfortunately lottery winnings like all other

gorilla chief slot machine The highest federal tax rate is 37% and that's where big winners end up Federal taxes are withheld at 24% on lottery winnings when they are While lottery winnings aren't taxable, you may be subject to taxes once you've deposited the funds or if you give any winnings as a gift Let's