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What do federal taxes look like on a lump sum payment? The federal tax rate on any prize over $5,000 is 24%, which gets immediately deducted
Mega Millions After Taxes: How Much Will the Winner Get? how much is lottery tax
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Lottery winnings are considered taxable income for both federal and state taxes · Federal tax rates vary based on your tax bracket, with rates up to 37%
how to play 5 hand poker If you are not a resident, you will typically have a flat 30% federal withholding, and state taxes may differ from what is listed above Consult with your