The Lottery: Is It Ever Worth Playing?

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Find out how long it takes until you actually get your money in your account after you win the lottery! Here are the steps of the prize collecting process!

The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn  If a tourist or non-US citizen were to win the Powerball, they would face the same tax implications as an American citizen They must also pay

lotto national lottery results Still, you'll probably owe more when taxes are due since the top federal tax rate is 37% So a good first step a lottery winner could take is to Nor will a large sum of money automatically set you up for life There's a previous study out there about how previous lottery winners end up