How much of the $ billion Powerball jackpot is left after taxes?

Immediately, 24% of the cash value is withheld for federal taxes It doesn't stop there — winning this jackpot would put the winner in the

How much of the $ billion Powerball jackpot is left after taxes? income tax state Or if you live in a state with income taxes but winning the lottery won't cause you to move to a lower-tax state The

Immediately, 24% of the cash value is withheld for federal taxes It doesn't stop there — winning this jackpot would put the winner in the

federal lottery tax calculator Lottery winnings are taxed at a marginal rate of 35% to the winner or winners There can also be gift taxes associated with sharing the winnings

Hey Preston, Winners are not double-taxed on lottery winnings By law, we are required to withhold 24% federal and % state taxes on prizes

federal lottery If you live in one of ten states that don't tax lottery winnings, you're probably off the hook for state income taxes They include: Alaska

The federal tax on the lottery is determined by the federal marginal rates, which is 37 percent in the highest bracket In practice, there is a 24 percent