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Mega Millions and Powerball tax calculators to show you how much money lottery winners take home after taxes in each state  The withholding rate for federal income tax is based, in part, on a claimant's resident status The Lottery is required to withhold federal taxes of 24% for

slot machine chances of winning The withholding rate for federal income tax is based, in part, on a claimant's resident status The Lottery is required to withhold federal taxes of 24% for Income Tax Slabs for Senior and Super Senior Citizens FY 2023-24 Also, Know Benefits, Calculation, Tax Filing and Excemptions