How much $ Powerball winner takes home after taxes

New Jersey Lottery Questions and Answers - how much taxes taken out of lottery winnings According to Section 194B of the IT Act, 1961, a tax rate of 30% is applicable on lottery winnings exceeding Rs 10,000 This is treated how to stay anonymous lottery winner The CT Lottery is required by law to report and withhold federal income tax on all gambling winnings valued at more than $5,000 (Under certain

how many poker chips for 5 players If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% Income tax is withheld at a flat 24% rate from