If I won a lottery of 20 crore, how much will I get after tax deduction

500 000 lottery after taxes
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The cash prize will drop to $ million after a mandatory federal tax withholding of 24% is deducted Depending on their taxable income, the

The IRS charges a flat rate of 24% on all lottery winnings over $5,000 For example, if you won $1 million, you would pay around $240,000 in

500 poker chip set tax calculator to seamlessly estimate your winnings after taxes Lottery automatically withholds 24% for federal taxes and 4% for state taxes

500 poker chips Will I have to pay taxes on my prize? The Hoosier Lottery withholds 24 percent in federal tax if the winnings minus the wager are more than $5,000 and