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

How much money will you get after taxes if you win the Mega if u win the lottery how much is taxed US lottery taxes differ from other countries because winnings are considered taxable income for both federal and possibly state taxes The federal government if slot players knew this they would never stop playing Lottery winnings in India are subject to a flat 30% tax rate This means that if you won 20 crore, you would have to pay 6 crore as tax,

if slot players knew this they would never stop playing Lottery winnings are tax-free at the point of receiving them You could pay savings tax on interest earned or your estate could be subject to inheritance tax

if you win the lottery what should you do 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 How much will the jackpot be taxed in California? You get two choices when you win the jackpot — get paid annually over time or get a one-time