How much $ Powerball winner takes home after taxes

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That would leave you with roughly $408 million Other states, such as Arkansas, have a state tax of %, so the total payout for these

California to the parent ordered to pay support Upon the eourt ordering tax refunds and lottery winnings owed and processed for payment by the How Much Are Lottery Winnings Taxed? · 24% withheld from $930 million = $232,200,000 · Additional amount you need to pay with a 37% tax rate: $111,900,000 · Total

1 december lottery sambad Before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000, CNBC explains Out of How do states tax Mega Millions lottery winnings? · Arizona: 5% · Arkansas: 7% · California: No state tax · Colorado: 4% · Connecticut: %