Florida lottery ticket hits $ billion jackpot, nets $ million

Florida lottery ticket hits $ billion jackpot, nets $ million florida lottery taxes For a $1 billion lottery jackpot, the cash payout is $ million After taxes that's $ million, which doesn't sound nearly as exciting florida lottery winning numbers pick 3 The good news for this winner — besides winning the lottery in the first place — is that Florida doesn't tax lottery winnings Most states do

florida lottery winning numbers pick 3 According to the Multi-State Lottery Association, if residents do owe any money, including debts, child support or taxes, states can allow their

florida pick 3 pick 4 lottery The lottery winnings are taxable income in the state where you bought the ticket The taxes you pay to that state on the winnings are eligible Lottery winnings and prizes are considered income by the IRS and are subject to federal and state income tax You'll owe taxes in the year