Florida lottery ticket hits $ billion jackpot, nets $ million

1 million lottery after taxes
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Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes,

TAXES Amount Effective Date New Hampshire The post also includes a screenshot of a headline of a Forbes article that reads: “Winner of $ Billion Lottery Gets $ Million After Tax

lottery sambad 1 00 pm yesterday Winners are not double-taxed on lottery winnings By law, we are required to withhold 24% federal and % state taxes on prizes at the time a The highest federal tax rate is 37% and that's where big winners end up Federal taxes are withheld at 24% on lottery winnings when they are