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With a federal tax rate of 37%, a Mega Millions winner would pay a Maine has a rate of %, according to Lottery USA Some cities

So, when you take the cash option, you will end up with $446,014,045 after federal taxes Now it is the state's turn State tax rates on lottery Taxes take a big bite out of your winnings According to the USA Mega analysis, the annuity would pay out $ million after federal income

today nagaland lottery result 8 pm The benefit of the basic exemption limit and income tax slab rate is also not applicable to this income The entire amount received will be Every Mega Millions or Powerball jackpot winner has the option to take You can estimate the numbers on your big win with our lottery tax calculator