How much would the $ billion Powerball jackpot's tax bill be?
How much would the $ billion Powerball jackpot's tax bill be?
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The tax must be withheld by the Lottery Department on the date of actual or constructive payment, whichever is earlier, as defined in federal Treasury If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% If you didn't give the payer your tax ID number, the withholding
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