if you win a million dollar lottery how much is taxed
Sorry, Massachusetts: You can't dodge the 'tax shark' on NH Lottery
if you win a million dollar lottery how much is taxed
if you win a million dollar lottery how much is taxed
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if you win a million dollar lottery how much is taxed 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 If you win more than $5,000, you have to pay a 24 percent federal withholding tax However, depending on your annual earnings and tax deductions, you may get Withholding Rate from Gambling Winnings New Jersey Income Tax is withheld at an amount equal to three percent of the payout for both New