How much would the $ billion Powerball jackpot's tax bill be?

if you win 10 million in a lottery how much is taxed
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This brings the total tax on game show winnings to % An additional 10% surcharge is also applicable on the winning amount if the amount is more than Rs 10

They're also subject to federal taxes If you win big enough, your winnings will be automatically reported to the IRS, and a flat rate of 24%

if i win the lottery how much do i get TDS Rate: The TDS rate for lottery winnings is 30% us 194B of the winning amount For game show winnings,

if i buy 100 lottery tickets what are my odds The payer will deduct 24% from your winnings on the spot if you win above a certain amount · You'll report your winnings and your tax payments when you file