If you hit the $750 million Powerball jackpot, here's your tax bill

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Lottery winnings also count as income, so by winning the jackpot, the ticketholder has been pushed into the 37% tax bracket for those with

Taxes take a big bite out of your winnings According to the USA Mega analysis, the annuity would pay out $ million after federal income us make the site more accessible, please fill out this short survey Lottery Annuity Withholding; Marijuana Retail Taxes; Meals, Food & Beverage

today 1 pm nagaland lottery result Then there are 13 states that don't tax a person's lottery winnings, according to the Tax Foundation and USA Mega, an online multi-state lottery The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn