Here's what the $1 billion Powerball winner could owe in taxes

website if you win the lottery is it tax free Note Income earned on any of the above amounts is taxable if i ever win the lottery there will be signs meme You were selected without any action on your part 3 You do not have to free , as well as the value of the medal itself ( value of gold , silver

if you win the lottery is it tax free For example: In Germany lottery wins are tax-free This is only the win itself Any earnings from the win are due to income-tax As germany does  There are federal and state US taxes payable on larger US lottery winnings The federal tax rate that is paid as a non-resident winner is 30% on payouts above  When you have winnings from gaming or lotteries, etc , you may have to state these in your tax return This applies to winnings that are taxable, or if you

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