Winner's Handbook You Just Won Big!

how much of the lottery do you get to keep
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The lottery automatically withholds 24% on all prizes over $5,000 for federal taxes For a $1 billion lump sum, that would be $240 million Note

Research shows that approximately 60% of the revenue from state lotteries goes directly to winners, as the states keep the remaining cash after The lottery automatically withholds 24% on all prizes over $5,000 for federal taxes For a $1 billion lump sum, that would be $240 million Note

fairy forest slot The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn  Research shows that approximately 60% of the revenue from state lotteries goes directly to winners, as the states keep the remaining cash after