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Powerball winnings after taxes: How much a $ jackpot winner

Powerball winnings after taxes: How much a $ jackpot winner

Daftar taxes on lottery winnings in texastaxes on lottery winnings in texas
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Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

It will go directly to the IRS instead Your tax obligation is not yet fulfilled, however Lottery prizes get taxed under the same rules as

taxes for lottery winnings If the winner chooses the more popular lump sum option, the winnings would be reduced to $ million after a mandatory 24% federal tax

taxes on lottery winnings florida Before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000, CNBC explains Out

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