Mega Millions $865M jackpot: Here's the tax hit

Mega Millions $865M jackpot: Here's the tax hit lottery mega millions powerball jackpot after taxes
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lottery sambad 29 tarikh ka That's because lottery winnings are treated as income by the federal government and most states, so the jackpots are subject to state and

lottery sambad 14_07_23 Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax Consequently, from your $100,000 lottery winnings, your total federal tax obligation would amount to $28,199 You win if the numbers on one row