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

Lottery winnings are considered ordinary taxable income by the IRS Even if an installment winner sells the future income stream to another

The only exception to paying tax is that the amount donated partially or wholly to the government is not taxable How should winnings from

how much does a lottery bond cost With a federal tax rate of 37%, a Mega Millions winner would pay a total of $ million in federal taxes and pocket $ million by 2051 if

how many rounds of betting in poker The Oregon Lottery withholds an 8% state tax on all prizes of $1,500 and more This means that the Lottery will pay your prize minus the 8% state tax This