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

how much do they tax on lottery winnings
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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

Winnings from lottery are flat taxable at the rate of 30% under income tax act, 1961 The basic exemption limit is not available in case of

how can you win the lottery If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% Income tax is withheld at a flat 24% rate from

how to check the postcode lottery Here's the truth with gambling taxes: both cash and noncash gambling winnings are fully taxable What are cash winnings? Cash winnings include money you