Tax on Lottery Winnings by State 2023

mega millions lottery tax calculator
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If you win over $5,000 from a Powerball or Mega Millions jackpot, or New York has the highest lottery tax rate at % If you

State tax withholding on Mega Millions winnings · New York: % · New Jersey: % · Washington, : % · Oregon: % · Minnesota: % Taxes on Multi-State Lottery Wins If you win the jackpot in a multi-state game, such as Powerball or Mega Millions, you'll be expected to pay

plentiful treasure slot There are federal and state US taxes payable on larger US lottery winnings The federal tax rate that is paid as a non-resident winner is 30% on payouts above To use the calculator, select your filing status and state The calculator will display the taxes owed and the net jackpot