The Best and Worst States to Pay Taxes on Lottery Winnings

tax on $1 million dollars lottery
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The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn

Then the IRS gets a big bite — 24% — or more than $ million according to the New Jersey Lottery $1 million Mega Millions drawings are Then the IRS gets a big bite — 24% — or more than $ million according to the New Jersey Lottery $1 million Mega Millions drawings are

https___cricketbuzz.com_m_slot Group winners of Scratchers, Fantasy 5, Daily 3, Daily 4, Daily Derby, Hot Spot, SuperLotto Plus, Mega Millions, or Powerball prizes of $1 million or more must  Lottery and Gambling Winnings · Withholding Rate from Gambling Winnings New Jersey Income Tax is withheld at an amount equal to three percent (3