How much money will you get after taxes if you win the Mega

taxes lottery winnings
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The federal government withholds 24% of your winnings immediately You may owe additional federal taxes depending on your overall tax bracket Each state also

It's very important to pay the necessary taxes on lottery or prize money winnings in order to prevent fines and other legal repercussions Such

taxes on lottery winnings calculator ¶16-305, Subtractions--Lottery Winnings California law prohibits the imposition of any state or local tax on the sale of lottery tickets or shares of the

taxes lottery Is lottery & gambling income taxable? Winnings from lottery and gambling activity must be reported on your tax return and are fully taxable by