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How much money will you get after taxes if you win the Mega

How much money will you get after taxes if you win the Mega

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tax in lottery winnings
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How do lottery taxes work? ; 10% $0 to $11,600 10% of taxable income ; 12% $11,601 to $47,150 $1,160 plus 12% of the amount over $11,600 ; 22

Tonda Lynn and her relatives found this out when the IRS, backed up by the Tax Court, ruled that there had been no binding contract to share the lottery While lottery winnings of $600 or less are not reported to the IRS, winnings in excess of $5,000 are subject to a 25 percent federal withholding

situs slot toto terbaik Connecticut imposes a tax rate of % on lottery winnings Whether it's a multimillion-dollar jackpot or a smaller prize, individuals who win the lottery in How do lottery taxes work? ; 10% $0 to $11,600 10% of taxable income ; 12% $11,601 to $47,150 $1,160 plus 12% of the amount over $11,600 ; 22

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