$ billion Mega Millions: How is the lottery taxed in CA?

how much lottery after taxes
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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

HOW DO YOU WANT YOUR MONEY? 50% CASH OPTION: ONE LUMP SUM PAYMENT PRIZE, Annual Payment Before Taxes, Annual Payment After Federal

how much of lottery winnings is taxed Withholding Tax Go to next level Withholding Tax; Withholding Tax How much gambling duties has IRAS collected? Please refer to

how much is a black poker chip worth Because the federal government counts lottery winnings as income, getting such a large jackpot would likely move the winner into a higher tax