What would the $ billion Powerball jackpot's tax bill be in your

tax on $1 million dollars lottery
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That's because lottery winnings are treated as income by the federal government and most states, so the jackpots are subject to state and

For example, if a person purchases ten Connecticut Lottery tickets at $1 apiece for the same drawing and one of the tickets wins $5,500, the amount of the

taxes on lottery winnings calculator Group winners of Scratchers, Fantasy 5, Daily 3, Daily 4, Daily Derby, Hot Spot, SuperLotto Plus, Mega Millions, or Powerball prizes of $1 million or more must

taxes on poker winnings The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn