Powerball Lottery Jackpot Nears $1 Billion: Here's How Much The

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Winnings are reported to federal and state tax agencies, and tax rates are based on taxable income What to know if you hit the jackpot: Here

A sole winner in Texas who took the cash option would take home $392,768,000 after paying $124,032,000 in federal taxes Texas is one of the states, along with California, Ohio, and Pennsylvania, that Tax refunds Lottery winnings Inheritances Unused sick and vacation time

lottery result onam bumper 2022 If a lottery winner later gets a divorce, the winnings could potentially be divided between spouses Speak with an attorney before collecting your winnings in 3 Some states do not tax lottery winnings at all These states include California, Delaware, Florida, New Hampshire, South Dakota, Tennessee,