How are Lottery Winnings Taxed?

how much do you win in the lottery
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Protect your privacy As tempting as it may be to shout it from the rooftops and throw a huge I won the lottery! party, keep it as much to

The federal government will immediately take $142,824,000 from that cash option Remember, the rest of your federal tax bill comes next

how much does the government tax lottery winnings This works out to 10,068,347,520, which is much bigger than the ~14 million stated above {i}} of the minor wins also included in all the lottery tickets: m j

how does lottery work Depending on how much you win, you might want to pass some of the money to your closest relatives so that they are able to live a more