Mega Millions lottery winnings: How much do you make after taxes?

how much does lottery tax
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Still, you'll probably owe more when taxes are due since the top federal tax rate is 37% So a good first step a lottery winner could take is to

Right off the bat, lottery winnings over $5,000 are subject to tax withholding of 24% Additionally, depending on how much you are taking home

how long do poker games last If the winner takes the payout, as many do, the federal tax would cut the prize by around $149 million In an estimate from USA Mega, an

how to protect lottery winnings Colorado has a flat income tax rate of %, would would apply to not only your winnings but your total income of 2023 The next drawing will be