Mega Millions jackpot is $750 million

how much is 1 million lottery after taxes
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She spent her winnings on a big house, fancy cars, designer clothes million after taxes on a $315 million multistate Powerball draw

That's because lottery winnings are treated as income by the federal government and most states, so the jackpots are subject to state and With a large jackpot, if the winner opted for the lump sum cash value, they would be subject to federal income tax at the top tax rate, which is 37% (So after

kerala lottery result 14.09.23 In 2023, lottery winners paid millions in taxes, but the specifics might astonish you This First, let's look at how lottery jackpots get so big Since With a 1 in 300 million chance of picking the matching numbers, you