How much money will you get after taxes if you win the Powerball

how much are taxes on lottery winnings
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This means you'll pay federal income taxes on your winnings, although the amount depends on how much you win, your other income, and your tax

The federal tax rate that is paid as a non-resident winner is 30% on payouts above USD $600 The state tax can vary slightly as they are set locally US taxes

how to deal poker Winnings are taxed the same as wages or salaries are, and the total amount the winner receives must be reported on their tax return each year Before the winner

how to win a poker tournament While lottery winnings of $600 or less are not reported to the IRS, winnings in excess of $5,000 are subject to a 25 percent federal withholding