Powerball Jackpot Hits $810 Million: Here's How Much The Winner

Powerball Jackpot Hits $810 Million: Here's How Much The Winner if you win 10 million in a lottery how much is taxed Right off the bat, lottery winnings over $5,000 are subject to tax withholding of 24% Additionally, depending on how much you are taking home if you win a million dollar lottery how much is taxed All must pay lottery tax of % with cess if the winning amount is above Rs Even if you invest the prize money in one of the savings

if i win the lottery how much goes to taxes The winning amount is tagged with 24% of federal taxes followed by 37 % marginal tax rate After you finish draining your winning amount to