Here's the tax bill for the winning $ Mega Millions ticket

What is Tax on Kerala Lottery Prize Money? how is the lottery taxed The Pennsylvania Lottery will automatically withhold PA personal income tax on prizes greater than $5,000 claimed after July 12, 2016 Winners of over $600 how many h1b lottery per year Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes,

how much taxes are taken out of lottery winnings Winnings are taxed the same as wages or salaries are, and the total amount the winner receives must be reported on their tax return each year Before the winner