How much money will you get after taxes if you win the Mega

website taxes on million dollar lottery According to estimates from , the winner of the publicized $ billion jackpot would earn $280,885,562, if they take the lump sum taxes on $2 million dollars lottery winnings If I won today's $550 million jackpot, I'd pay 24% in federal taxes, plus 4% in state taxes What they're saying: It's difficult

taxes on million dollar lottery Whether an assignment of all or part of a lottery ticket is effective to transfer the income tax liability on any winnings depends on when the  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  Adding together federal and state taxes, the winner would be left with a little over half a billion dollars — or $531 million — thanks to a

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