Mega Millions After Taxes: How Much Will the Winner Get?
Mega Millions After Taxes: How Much Will the Winner Get?
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In the US, lottery winnings are considered taxable income, so winners a subjected to an up-front federal tax on their winnings And, depending
Such gains are subject to taxation under the Income from Other Sources heading Taxes that are due must be paid, or else fines and legal How are Lottery winnings taxed? All Lottery prizes, regardless of the You may wish to consult a tax advisor if you have further questions LINK
victoria livschitz poker With a large jackpot, if the winner opted for the lump sum cash value, they would be subject to federal income tax at the top tax rate, which is 37% (So after Income that is not taxable · lottery winnings and other prizes · some government grants and payments · child support · the tax-free portion of your redundancy