How much of the $ billion Powerball jackpot is left after taxes?

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How much tax on a $ billion lottery win? · Federal taxes: $324 million · Take-home: $ billion

Personal Income Tax Facts: Taxpayer Davis, a computer programmer, buys 15 lottery Issue 1: Must Davis include her lottery winnings in her Massachusetts gross The IRS charges a flat rate of 24% on all lottery winnings over $5,000 For example, if you won $1 million, you would pay around $240,000 in

82 lottery. org Taxes, All Sites taxesquestionsiitaccordiontaxableare-gambling-lottery-winnings-subject-to-michigan-individual-income-tax-1 Back to Taxes  What happens if you win a 1 million $ in a lottery ticket? #money #savingmoney #lottery