Ask Axios: How do Ohio Lottery taxes work for Powerball, Mega

If I won today's $550 million jackpot, I'd pay 24% in federal taxes, plus 4% in state taxes What they're saying: It's difficult

All must pay lottery tax of % with cess if the winning amount is above Rs 10000, regardless of their income, winnings, age,

taxes on 2 million dollars lottery winnings Yes, lottery winnings are taxable under state and federal law In Pennsylvania, all lottery winnings are subject to the commonwealth's %

taxes on 100 000 lottery winnings The winner of the lottery jackpot that currently sits at $ billion would expect to pay at least $135 million in federal income taxes if they