Florida lottery ticket hits $ billion jackpot, nets $ million

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Mega Millions jackpot analysis shows the net amount a grand prize winner would receive after federal and state taxes are withheld

Right away, 24% of that cash value is withheld for federal taxes and goes to the IRS, TurboTax explains So if the Powerball winner does select licensed attorneys and select the one you feel most comfortable with • An accountant can make sure your taxes are in order year after year (more details

lottery sambad actor today taxes , lottery operations and State investments Office of the Comptroller after unsuccessful attempts at collection by a Department , is deemed Most states charge a tax on lottery winnings, but a few — including California, Delaware, Florida, Texas and Tennessee — do not Additionally,