How much is the $ billion Mega Millions after taxes in WA?

taxes on million dollar lottery
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Before collecting a dollar of the Mega Millions jackpot, there's a 24% federal withholding Winnings above $5,000 require a 24% mandatory

Good question If you're wondering if you have to pay tax on lottery winnings then guess what, you've come to the right place!

taxes on lottery winnings calculator canada According to estimates from , the winner of the publicized $ billion jackpot would earn $280,885,562, if they take the lump sum

taxes on 1 million lottery lottery winnings above the million-dollar threshold will be taxed at 9%, which is accurate But the narrator's next sentence is misleading