lottery winnings calculator after taxes
Powerball lottery jackpot: Here's how much you get after taxes
lottery winnings calculator after taxes
lottery winnings calculator after taxes
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lottery winnings calculator after taxes Is the tax rate different for different lotteries? No All gambling winnings are treated equally This means if you win Mega Millions, Powerball or a state The federal tax rate on any prize over $5,000 is 24%, which gets immediately deducted from your winnings And for a large prize like the Mega Calculate Powerball taxes in your state to see how much the lottery is worth after taxes with a lump sum payment or the annuity option