Lottery Tax Calculator

if you win a million dollar lottery how much is taxed
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Then there are the taxes The IRS immediately takes 24% of all lottery winnings over $5,000, dropping the total to approximately $538,004,000

Taxes take a big bite out of your winnings According to the USA Mega analysis, the annuity would pay out $ million after federal income

if i won the lottery the first thing i''d buy would be If you win and choose the lump sum, you'll take home $ million up front Next comes the 24% tax withholding, which means your cash value

if a slot machine hits will it hit again The top federal tax rate is 37% for income over $500,000 When it comes to lottery prizes, the first thing that happens after you turn in that