Tallying Up the Taxes on Lottery Winnings - TurboTax

20 million lottery after taxes
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How Much Are Lottery Winnings Taxed? · 24% withheld from $930 million = $232,200,000 · Additional amount you need to pay with a 37% tax rate: $111,900,000 · Total

So, when you take the cash option, you will end up with $446,014,045 after federal taxes Now it is the state's turn State tax rates on lottery

20 dazzling hot slot That 8% in state taxes makes quite the difference, because if that prize were won in Florida, the winner would have $ million left instead

201123 lottery result View the Webcast of the official drawings Tickets must be claimed no later than 180 days after the draw date A ticket is not a valid winning ticket until it