Woman wins six-figure prize on NC lottery ticket

250 000 lottery after taxes
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After nine years, the Selbees had grossed over $27 million in winning tickets

The top federal tax rate is 37% for income over $500,000 When it comes to lottery prizes, the first thing that happens after you turn in that Then there are the taxes The IRS immediately takes 24% of all lottery winnings over $5,000, dropping the total to approximately $ million

motorhome lottery How much is the total final tax on Pedro's income? a P50,000 c P31,250 b P34,250 d P 4,250 Professional income, net of P60,000 withholding tax P 540,000  Prizes of $250,000 to $499,999: winners should plan to arrive at GLC headquarters or district offices by 4 for same day payment; winners who arrive after 4