Here's what the $1 billion Powerball winner could owe in taxes

how much of the lottery is taxed
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According to estimates from , the winner of the publicized $ billion jackpot would earn $280,885,562, if they take the lump sum

This section levies a flat tax rate of 30% in addition to 4% Cess, which comes to % Lets have a look at Income Tax on winnings from

how many years is lottery annuity The lottery tracking group estimated a final Oregon tax rate of % or $ million, reducing the prize to a final payout of $329,792,812

how to become a slot streamer Right off the bat, lottery winnings over $5,000 are subject to tax withholding of 24% Additionally, depending on how much you are taking home