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how much does the irs take from lottery winnings

Florida Lottery Ticket Wins $ Billion, $ Million After Taxes

Florida Lottery Ticket Wins $ Billion, $ Million After Taxes

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how much does the irs take from lottery winnings

Florida Lottery Ticket Wins $ Billion, $ Million After Taxes how much does the irs take from lottery winnings If the winner takes the payout, as many do, the federal tax would cut the prize by around $149 million In an estimate from USA Mega, an how to purchase lottery ticket For the lump sum option, that means about $ million, leaving the winner with a roughly $432 million payout The winner would also be

how to purchase lottery ticket What do federal taxes look like on a lump sum payment? The federal tax rate on any prize over $5,000 is 24%, which gets immediately deducted

how to read poker hands How do I calculate lottery lump sum after taxes? · Check how much the lump sum payout differs from the advertised lottery prize Think of lottery winnings like income

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