How much would the $ billion Powerball jackpot's tax bill be?

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

With the cash option in the Mega Millions jackpot, the winner would get a cash payout of $ million, or $ million after federal taxes

after lottery tax calculator Mega Millions jackpot analysis shows the net amount a grand prize winner would receive after federal and state taxes are withheld

after winning the lottery what next A mandatory federal tax withholding of 24% will be applied to the lump sum, leaving the winner with $ million Depending on the winner's