lottery taxes federal
How much money will you get after taxes if you win the Mega
lottery taxes federal
lottery taxes federal
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lottery taxes federal Lottery winnings are considered taxable income Besides the upfront withholding, your total federal tax rate could be higher—up to 37% If you And while winning the lottery isn't exactly a reliable career plan, the federal government treats lottery winnings as income Immediately, 24% Immediately, 24% of the cash value is withheld for federal taxes It doesn't stop there — winning this jackpot would put the winner in the