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Do you pay tax on lottery winnings?

Do you pay tax on lottery winnings?

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20 million lottery after taxes
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After the twenty-four percent tax has been applied, the winner would receive $24,750,667 How do states tax Mega Millions lottery winnings?

That 8% in state taxes makes quite the difference, because if that prize were won in Florida, the winner would have $ million left instead Mark Abadi et al , 20 Lottery Winners Who Lost It All — As Wood, $ Billion Powerball Winner Takes Home $628 Million after Taxes, Forbes (Nov

pioneer slot cars A $935 million Powerball jackpot went 3 months without a winner But for some past lottery winners, life became worse after snagging the After the twenty-four percent tax has been applied, the winner would receive $24,750,667 How do states tax Mega Millions lottery winnings?

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