Man realizes he won $4 million on lottery scratch-off while pumping

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According to http: com you'd get $74,896,000 with a lump sum payment after taxes

How Much Are Lottery Winnings Taxed? · 24% withheld from $930 million = $232,200,000 · Additional amount you need to pay with a 37% tax rate: $111,900,000 · Total Suppose you won a lottery of $10 million after tax What will be the wisest ways to spend, to save, or to manage the money? Ok, listen carefully: 1 Keep 10

buy lottery tickets online texas Say you win a $10 million prize If you take the lump sum option, the entire sum is subject to income tax that year However, if you choose the annuity option, Use the lottery tax calculator to estimate the tax amount deducted from a lottery prize, received as either a lump sum or through annuity payments