How much do you take home from $ billion Powerball in CA

lottery take home after taxes
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There are federal and state US taxes payable on larger US lottery winnings The federal tax rate that is paid as a non-resident winner is 30% on payouts above

First of all, you won't ever see the full $355 million Off the top, the lottery withholds 25 percent for federal taxes, and then another 6 or 7

lottery satta bajar If you take the smaller one-time Powerball cash payout with a 24% federal tax and a 4% state tax in Ohio, you could only take home around $360

lottery result 24 7 23 The federal government will immediately take $142,824,000 from that cash option Remember, the rest of your federal tax bill comes next