How much $ Powerball winner takes home after taxes
How much $ Powerball winner takes home after taxes
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Though some states do not have a state lottery tax withholding, they all must withhold 24% in federal tax on prizes as large as this jackpot
Under Act 84 of 2016, the Pennsylvania personal income tax of percent now applies to Pennsylvania Lottery cash prizes paid after January 1, 2016 That's because lottery winnings are treated as income by the federal government and most states, so the jackpots are subject to state and
candy island princess slot After federal taxes have been taken, USA Mega estimates the lump sum will be worth $325 million while the annuity will be worth an average of Lottery winnings are considered ordinary taxable income for both federal and state tax purposes Winnings are taxed the same as wages or salaries are, and the