How much would the $ billion Powerball jackpot's tax bill be?

How much would the $ billion Powerball jackpot's tax bill be? how much do they tax on lottery winnings
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how to build a poker table Amounts you do winnings If you sell or otherwise dispose of an asset that was a prize from a lottery, you must declare any capital gains you make in your tax

how to scan your lottery ticket The 2024 federal tax brackets place the Mega Millions jackpot winnings at a 37% tax rate, whether the winner opts for the lump sum or not That's because the 37 Shareholders, partners, or members in pass-through entities receiving income from gambling or lottery activities are subject to personal income tax on their