What would the $ billion Powerball jackpot's tax bill be in

What would the $ billion Powerball jackpot's tax bill be in taxes on $2 million dollars lottery winnings
➡️【Mk.com】✅कैसीनो - 50%स्वागत बोनस 25,000INR - ✅➡️【Mk.com】✅ कैसीनोभारत में सबसे लोकप्रिय ऑनलाइन कैसीनो में से एक है ✅  for more than $10 million Canadian dollars She spent her winnings on a big house, fancy cars, designer clothes, lavish parties, exotic trips, taxes on lottery winnings Lottery winnings are considered ordinary taxable income for both federal and state tax purposes That means your winnings are taxed the same as your wages or

taxes on lottery winnings The top tax bracket for the highest earners in this country — which is where winning the lottery would bump the winner — has a 37 percent tax

taxes taken out of lottery winnings The IRS charges a flat rate of 24% on all lottery winnings over $5,000 For example, if you won $1 million, you would pay around $240,000 in Lottery winnings that are more than $5,000 get a federal tax of 24%, therefore, you'll be cutting more than $12 million from the annual payments