Map: How much of the $607M Mega Millions jackpot would a winner

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The withholding rate for federal income tax is based, in part, on a claimant's resident status The Lottery is required to withhold federal taxes of 24% for

Taxes take a big bite out of your winnings According to the USA Mega analysis, the annuity would pay out $ million after federal income Though some states do not have a state lottery tax withholding, they all must withhold 24% in federal tax on prizes as large as this jackpot

barbarossa doublemax slot Then, because lottery winnings are counted as income, an additional 37 percent tax will be levied against the sum, dropping it to $251,753,040  Wll Modi get jealous and start chasing you? i see that there s 30% tax on lottery winnings in India, better make it 99% tax,