How much money will you get after taxes if you win the Powerball

If you win the $630 million Mega Millions jackpot, here's the tax bill if you win 10 million in a lottery how much is taxed Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket, if you win the lottery how much goes to taxes Nope! There's no tax to pay when you win the lottery! Result! However, you might have to start paying tax when your winnings start making you money (such as

if you win the lottery do you get citizenship The top federal tax rate is 37% for income over $500,000 When it comes to lottery prizes, the first thing that happens after you turn in that