CA or AZ? The $ billion Powerball jackpot's tax bill depends on

if you win a million dollar lottery how much is taxed
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In Massachusetts, any lottery prize over $600 is taxed at 5% If someone reports an income over $1 million, that triggers the additional 4% “

Right off the bat, one must consider that the federal government taxes lottery winnings at 24 percent, knocking the cash prize down to a mere ( Winner of Mega Millions $ billion jackpot claims prize in Florida—a state that does not tax lottery winnings Florida is a good place to hit

28 tarikh lottery sambad actor If the Powerball winner takes the lump sum, right away nearly a quarter of the prize is withheld for federal taxes And they're not off the hook Lottery Tax in Kerala · 30% tax on the winning amount · The amount of tax that person would have had to pay if his income did not include the