Lottery Calculator - The TurboTax Blog

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Lottery Annuity Calculator

lottery-tax-calculator This calculator already factors in 25% federal income taxes Depends on your state, but without state taxes factored Here's how much of the prize you would take home after taxes — plus five ways to invest your windfall

slot rainbow riches Use the tax calculator below to calculate how much of your payout you would be taking home following the respective federal and state taxes that are deducted  My simplified calculation is to halve the total because I'm going to take the lump sum, half of which will go to taxes So about a quarter