How much taxes will be due on a US lottery winner after deductions

how much does the irs take from lottery winnings
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How much tax does the IRS take from lottery winnings? The IRS automatically withholds 30% of net lottery winnings in the US The rate at which

The tax applies to prizes greater than $5,000 In the case of the winning Powerball ticket, that's about $ million for the cash option But

how to check lottery ticket number Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

how is the hanoi lottery Then there are the taxes The IRS immediately takes 24% of all lottery winnings over $5,000, dropping the total to approximately $335,464,000