How much will Mega Millions winner get after taxes? $ billion

how much taxes are taken from lottery winnings
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When it comes to lottery prizes, the first thing that happens after you turn in that winning ticket and get your lump sum is that the federal

Powerball and Mega Millions winners usually receive their checks after 14 business days Taxes: The IRS requires that you report ALL Lottery winnings The Most states charge a tax on lottery winnings The amount initially withheld and how the winnings get taxed depends on your state's tax rate

bangla lottery fax How are Lottery winnings taxed? All Lottery prizes, regardless of the amount, generally are considered as income by the state and federal government For The winner—or winners—will owe 24% to the IRS in federal taxes, and then additional taxes when they file (winning that much money will put you