How much you'll pay in taxes for Powerball $ billion jackpot
How much you'll pay in taxes for Powerball $ billion jackpot
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The federal tax rate of 37%, the top federal tax rate, applies to the portion of your winnings that exceeds $1 million, including lottery
California: No state tax on lottery prizes Your average net per year Although federal taxes are calculated according to marginal tax rates (graduated-rate A smiling surprised woman in a brown shirt, sitting behind her desk and using her Calculators · Lottery Tax Calculator: How Your Winnings Are Taxed 8 minute
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