taxes on $2 million dollars lottery winnings

taxes on $2 million dollars lottery winnings
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When it comes to lottery prizes, the first thing that happens after you turn in that winning ticket and get your lump sum is that the federal The IRS automatically takes a 24% share of your winnings as tax money, Kentucky Lottery spokesperson Jennifer Cunningham confirmed to the Herald

12 11 23 kerala lottery result How much are lottery winnings taxed ? Lottery winnings are subject to federal income tax at a rate of 24%, and some states may also impose their own tax on When a national lottery jackpot balloons to hundreds of millions of dollars How much are lottery winnings taxed? If you win nearly a billion dollars in