How much you'll pay in taxes for Powerball $ billion jackpot

website how much is federal tax on lottery winnings Right away, 24% of that cash value is withheld for federal taxes and goes to the IRS, TurboTax explains So if the Oregon Powerball winner does how to have poker face Some states have no income tax or don't tax lottery winnings, but others have top-income state tax brackets exceeding 10% Powerball isn't

how much is federal tax on lottery winnings Your winnings are considered taxable and are added to your ordinary income when taxes are calculated If your earnings are big enough, they can  Right away, 24% of that cash value is withheld for federal taxes and goes to the IRS, TurboTax explains So if the Oregon Powerball winner does  If a sole winner of Saturday's prize is taxed up to 37% and lives in a state where the only taxes required are federal, they will take home an

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