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

how much taxes do they take out of lottery winnings
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You do not have to report certain non-taxable amounts as income, including the following: lottery winnings of any amount, unless the prize

Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax Before the state of California gives him any of his winnings, 24 percent—$ million—will be withheld and sent directly to the Internal Revenue Service

missouri lottery pick 3 winning numbers Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax Tennessee does not tax lottery winnings Individuals who win the lottery in Tennessee are not required to pay state taxes on their winnings However, they