How much $ Powerball winner takes home after taxes

how do lottery taxes work
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Lottery winnings are considered ordinary taxable income for both federal and state tax purposes Winnings are taxed the same as wages or salaries are, and the

Lottery winnings that are more than $5,000 get a federal tax of 24%, therefore, you'll be cutting more than $12 million from the annual payments

how do lottery taxes work The good news is there is no income tax on lottery winnings here in California California is one of the eight states that does not require

how to cheat slot machines online How does the Lottery's payment system work? The Illinois Lottery pays Lotto, Mega Millions and Powerball grand prizes either in 30 annual payments or a lump