$ billion Mega Millions: How is the lottery taxed in CA?

$ billion Mega Millions: How is the lottery taxed in CA? 20 million lottery after taxes — A Florida man turned $20 into $5 million after buying a scratch-off ticket in Milton The Florida Lottery announced on Friday that 200gana2768 mega millions Current Jackpot $181,000,000 EST CASH VALUE $84,300,000 next taxes paid! next drawing: July 10 LAST DRAWING: July 9 6 7 16 29 34

200gana2768 That 8% in state taxes makes quite the difference, because if that prize were won in Florida, the winner would have $ million left instead

200gana2830 withholding automatically reduces your prize by about $124 million However, Loyd warns the 24% withholding won't cover the entire tax bill The cash prize will drop to $ million after a mandatory federal tax withholding of 24% is applied The winner may then face a federal