How Do Taxes on US Lottery Winnings Work?
According to an explanation sheet on the IRS website, the federal income tax on gambling winnings is 25 percent But the tax headache doesn't
How much money will you get after taxes if you win the Mega how much does the irs take from lottery winnings
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If the winner takes the payout, as many do, the federal tax would cut the prize by around $149 million In an estimate from USA Mega, an
how long to collect lottery winnings Right away, 24% of that cash value is withheld for federal taxes and goes to the IRS, TurboTax explains So if the Powerball winner does select
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