Here's the tax bill for the $875 million Powerball jackpot

What do federal taxes look like on a lump sum payment? The federal tax rate on any prize over $5,000 is 24%, which gets immediately deducted

Any person, resident or non-resident, that wins a large lottery prize in the United States will have to pay taxes worth between 25% and 45%

how many different buffalo slot machines are there Tax Tip: Before you receive one dollar, the IRS automatically takes 24% of your winnings as tax money Do I have to pay state taxes on lottery winnings if I

how often does a slot machine hit jackpot With a large jackpot, if the winner opted for the lump sum cash value, they would be subject to federal income tax at the top tax rate, which is 37% (So after