Mega Millions lottery winnings: How much do you make after taxes?
Such income is generally taxed at a flat rate of 30% Nonresident aliens generally cannot deduct gambling losses The only exception is Canadian
Lottery Tax Rates Vary Greatly By State how much taxes do you pay on lottery winnings
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Most states tax all income earned in their state, regardless of your residency Your resident state will also require you to report the winnings but will offer
how much do lottery lawyers charge For prizes over $5,000, the Lottery is required to withhold 25% for federal taxes, and 8% for state income taxes For Video Lottery℠ Platinum Series