How much money does a person get after taxes if they win the lottery?

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Lottery winnings are taxed as income, so you would pay 37% federal tax, and between 0% to 13% state tax,

All gamblers should consider tax obligations that may come from California gambling, including casino and lottery wins We'll answer some tax withholding; instead, tax is withheld after subtracting the bonus and commission Income Tax Calculator More about Groww + MOST POPULAR ON GROWW

everygame poker review For details, see Medicare levy on the ATO website Use the income tax calculator Work out what your take-home pay will be after tax and the Medicare levy  The Lottery Tax Calculator is an efficient tool designed to calculate the potential tax you could owe on lottery winnings It takes the