Lottery Payout Options: Annuity vs Lump Sum

A QUICK GUIDE TO BGLC FEES & PENALTIES, GOJ TAXES AND 100 000 lottery after taxes The IRS charges a flat rate of 24% on all lottery winnings over $5,000 For example, if you won $1 million, you would pay around $240,000 in 100sex The top federal tax rate is 37% for income over $500,000 The first thing that happens when you turn in that winning ticket is that the federal

1000 poker chip set This exemption is reduced once your federal adjusted gross income exceeds $100,000 ($150,000 if filing Joint, Head of Household, or Qualifying Widow with