How much will Mega Millions winner get after taxes? $ billion

How much will Mega Millions winner get after taxes? $ billion how much do you actually get from the lottery With a large jackpot, if the winner opted for the lump sum cash value, they would be subject to federal income tax at the top tax rate, which is 37% (So after how does lottery payout work actually receive that amount, which is the amount of his winnings before taxes Mr Castro should hold off on buying any private islands until all of the

how does lottery payout work Depending on how much you win and on your income, you'll then have to pay a further % to make up the total % that's the top income tax

how many people play the lottery Still, you'll probably owe more when taxes are due since the top federal tax rate is 37% So a good first step a lottery winner could take is to How long after winning the lottery do you get the money in Canada? You'll usually get the money within a week or so Winners can claim their prize at any