Mega Millions lottery winnings: How much do you make after taxes?

what is the federal tax rate on lottery winnings
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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

Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%

what numbers won the lottery tonight The federal government will take 24% off the top of lump sum winnings from a lottery jackpot Then it is the state's turn

what is nuts in poker Gambling winnings are fully taxable and you must report the income on your tax return Gambling income includes but isn't limited to winnings from lotteries,