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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

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handheld slot punch payout after winning a Mega Millions prize The tool also calculates your tax liability for each option Mega Millions tax calculator To The lottery annuity calculator helps you estimate the yearly annuity payouts and any applied taxes for a given lottery jackpot