I Won the Lottery! How Bad Are Taxes Going to Be?

taxes on $2 million dollars lottery winnings
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Then there are the taxes The IRS immediately takes 24% of all lottery winnings over $5,000, dropping the total to approximately $419,292,000

taxes on lottery winnings ohio Top Prizes Claimed ; 1620, $10,000 Payout, $10 ; 1625, $100 Million Cash Burst, $10 ; 1276, $100 OR $200! $20 ; 1632, $100 Tripler, $2

taxes on poker winnings Ohio's % state tax would take around another $2 million away from the 30-year payout or another $37 million from the lump sum, giving you a