Mega Millions After Taxes: How Much Will the Winner Get?
Mega Millions After Taxes: How Much Will the Winner Get?
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At the end of it all, if winners go with something like the cash option, they'll be handing over about $88 million to the IRS Still, $88
With a large jackpot, if the winner opted for the lump sum cash value, they would be subject to federal income tax at the top tax rate, which is 37% (So after The withholding rate for federal income tax is based, in part, on a claimant's resident status The Lottery is required to withhold federal taxes of 24% for
philippine lottery The Quarterly Journal of the Royal Economic Society 1 shape , by establishing lotteries in which the contributors as a whole were certain to lose Many After all the federal taxes, including the 24% tax, your total jackpot will be $493,516,045 What do you want to know about life in Sacramento?