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

taxes lottery winnings   Dan taxes on lottery

How it works: Ohio lottery winnings over $600 are taxed as income If I won today's $550 million jackpot, I'd pay 24% in federal taxes, plus 4%

The federal government withholds 24% of your winnings immediately You may owe additional federal taxes depending on your overall tax bracket Each state also A single ticket in New Jersey won the $ billion Mega Millions jackpot Here is how much the winner will owe in taxes

吳夢夢的影片 All lottery winnings are subject to Federal taxation (automatically reported taxes The IRS requires a minimum withholding of 24% of the prize Powerball and Mega Millions winners usually receive their checks after 14 business days Taxes: The IRS requires that you report ALL Lottery winnings The