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

how much tax is taken from lottery winnings
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The federal government withholds 24% of your winnings immediately You may owe additional federal taxes depending on your overall tax bracket Each state also

However, once your prize is in a bank account, any interest earned on your prize is subject to income tax for both you and any gift recipients If you currently

how old do you have to be to buy a lottery ticket in georgia If you live in Georgia, your state lottery tax is % After federal and state taxes you'd pocket $268,613,512 If you live in New York, get

how is the hanoi lottery Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax