Florida Mega Millions winner claims $ billion prize from August

lottery taxes in florida   Dan lottery winner ohio

If you live in a state with no income tax , you

There's some good news and bad news for the winner: The lottery will take out 24% in federal withholding, but Florida does not tax lottery Yes Gamblinglottery winnings are subject to Michigan individual income tax to the extent that they are included in your adjusted gross income The Michigan

siro-5004 With additional taxes, you'll see roughly 37% of your prize money withheld, should you win At best, according to an analysis by USA Mega, a Florida Department of Revenue