Powerball winnings after taxes: How much the winner could actually

taxes on $1 million dollars lottery winnings
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Withholding Rate from Gambling Winnings New Jersey Income Tax is withheld at an amount equal to three percent of the payout for both New

Then there are the taxes The IRS immediately takes 24% of all lottery winnings over $5,000, dropping the total to approximately $287,888,000

taxes on lottery winnings canada Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax

taxes on poker 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