$ billion Mega Millions: How is the lottery taxed in CA?

1 billion lottery after taxes
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He chose to take his winnings as a lump sum of $422m after taxes to be shared evenly with his wife and a friend Now I can bless my family

That leaves the winner with about $364,888,000 with the cash option after taxes — an embarrassment of riches, to be sure, but significantly less

15 tarik lottery sambad If you win over $5,000 from a Powerball or Mega Millions jackpot, or any lottery game, state lotteries are required to withhold 24% in federal

1 tarikh lottery result Right off the bat, one must consider that the federal government taxes lottery winnings at 24 percent, knocking the cash prize down to a mere (