Here's what the $1 billion Powerball winner could owe in taxes
Here's what the $1 billion Powerball winner could owe in taxes
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Lottery winnings do not get taxed on the California state level but are subject to federal taxes We can not stress enough how important it is
*Since January 2018, the IRS requires 24 percent be withheld from the Jackpot payment for federal income taxes Must be 18 to purchase or redeem Be a smart If you win more than $5,000, you have to pay a 24 percent federal withholding tax However, depending on your annual earnings and tax deductions, you may get
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