Mega Millions Jackpot Exceeds $500 Million—Here's How Much A

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How do I calculate lottery lump sum after taxes? · Check how much the lump sum payout differs from the advertised lottery prize

Besides the time-value-of-money discount rate, a lump-sum payout also results in federal tax of 37% on every dollar over $539,900 The CT Lottery is required by law to report and withhold federal income tax on all gambling winnings valued at more than $5,000 (Under certain

neptune''s gold slot machine app If you live in Georgia, your state lottery tax is % After federal and state taxes you'd pocket $268,613,512 If you live in New York, get All winnings from an out-of-state lottery are taxable for New Jersey gross income tax purposes, regardless of the amount Page 2 7 ) Q Will the New