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How much $ Powerball winner takes home after taxes

How much $ Powerball winner takes home after taxes

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how is the lottery taxed
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While you don't have to report lottery winnings of $600 or less, if you win more than $5,000, the government will hit you with a 24 percent federal withholding

In the United States, the taxation of lottery winnings varies from state to state While some states impose taxes on lottery winnings, others do not  While the IRS automatically withholds tax on US lottery winnings, they won't do the same for foreign lottery winnings That doesn't mean they

meghalaya lottery result today 7.35 pm Tax Band 2: Prizes between RON10,001 and RON66,750 are subject to a flat tax of RON300 and a tax rate of 20% on the amount that exceeds RON10,000 Tax Band 3: You do not have to report certain non-taxable amounts as income, including the following: lottery winnings of any amount, unless the prize

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