What is the tax rate on the $1 billion Powerball jackpot?

New Jersey Lottery Questions and Answers - federal lottery tax rate
➡️【Mk.com】✅रियल मनी ऑनलाइन कैसीनो गेम ✅✅·150 से अधिक स्लॉट गेम - यहां खेलें✅>>·7 प्रकार के ब्लैकजैक खेलें>>·ऑनलाइन रूलेट - असली पैसे के लिए खेलें>>। ✅  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 federal tax rate for lottery winnings 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

federal tax for lottery winnings The lottery agency must withhold 25% of your winnings for federal income taxes How much is withheld for state income taxes varies from state to