$ Billion Lottery Powerball Jackpot Winner After Taxes

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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

In addition to the 24% federal withholding every lottery prize is subject to, New York State claims a hefty % chunk of its own New York Forbes shared that the winning cash prize after tax would then drop to $567,872,000 That amount dwindles further after federal and state taxes

slot top gun $1 billion Powerball winning ticket sold Who won biggest lottery jackpot ever? How much did they actually win, was it cash option? · After taxes, $ billion Powerball lottery winner