Florida Mega Millions winner claims $ billion prize from August

florida lottery taxes
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taxes would be much more efficient revenue sources than the implicit lottery Florida, money formerly dedi- cated to education was used elsewhere and

Florida Department of Revenue Mega Millions website Winnings are taxed Under Florida law, lottery winners who claim prizes of $250,000 or more do not have to reveal

earn a living playing slot machines Florida: No state tax on lottery prizes Your average net per year: $1,175,812, Your net payout: $16,358,812 After 30 payments: $35,274,360 Annuity Payment For example, the Florida excise tax rates on dog racing and jai alai are and percent, respectively; whereas, the excise tax rate on lottery tickets is