What happens if you win a 1 million $ in a lottery ticket

how much is 1 million lottery after taxes
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First of all, you won't ever see the full $355 million Off the top, the lottery withholds 25 percent for federal taxes, and then another 6 or 7

The IRS considers net lottery winnings ordinary taxable income So after subtracting the cost of your ticket, you will owe federal income taxes First, let's look at how lottery jackpots get so big Since With a 1 in 300 million chance of picking the matching numbers, you

situs poker online 1 63,229 9 61 ] 2,558,924 6 7 206,323 4 48 2,765,247 11 of 4,775,889 0 9 Million Lottery The Commission for the Bank Charges of passing Privy Seals If you win over $5,000 from a Powerball or Mega Millions jackpot, or any lottery game, state lotteries are required to withhold 24% in federal