Florida lottery ticket hits $ billion jackpot, nets $ million

The After Taxes amount deducts RI state and federal taxes in accordance with withholding requirements for each Annuity Jackpots are paid in an increasing

The lump sum prize works out to about $570 million, but 24% is automatically withheld for federal taxes The winner would also be subject to

how to buy international lottery tickets from india If you win the Powerball and take the lump sum payment, right away, nearly a quarter of it is withheld for federal taxes And you're not off the

how many states have lottery Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax