How much would the $ billion Powerball jackpot's tax bill be?

kansas lottery tax calculator
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Though some states do not have a state lottery tax withholding, they all must withhold 24% in federal tax on prizes as large as this jackpot

You can expect to pay taxes at a rate of about 24% While that might not seem like much, remember that the lottery will also withhold money to

kansas lottery numbers Before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000, CNBC explains Out of

kansas lottery check my numbers Calculate how much of your lottery winnings you keep for yourself using a lottery tax calculator, that applies to games all around the world, included