$ billion Mega Millions: How is the lottery taxed in CA?

what is the federal tax rate on lottery winnings
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Besides the time-value-of-money discount rate, a lump-sum payout also results in federal tax of 37% on every dollar over $539,900

But remember, the federal tax brackets are marginal brackets, and you won't pay 37% on all your winnings You only pay the 37% rate on each

what happens after winning dv lottery But remember, the federal tax brackets are marginal brackets, and you won't pay 37% on all your winnings You only pay the 37% rate on each

what are the odds of winning a slot machine When a lottery prize is claimed by a group, family unit, club or other organization, the multiple winners will be required to file an Internal Revenue