How much $ Mega Millions winner takes home after taxes

how much do lottery winnings get taxed   Dan how to win casino slot machines

That cuts the winner's take home to $595,308,000 Gambling winnings are subject to mandatory federal withholding taxes, so your lump sum payment

The governing lottery body withholds 24% of the prize automatically, leaving the balance to be paid by the winner, according to Lottery USA If How Our Lottery Winnings Taxed? California, unlike some other states, does not levy income tax on lottery tickets purchased within its borders

美森けい Winnings from lottery and gambling activity must be reported on your tax return and are fully taxable by the IRS and most state governments The Lottery winnings are taxed for the year in which they are collected, allowing winners who choose annuities to spread out the tax bill If you win a house, boat,