How much will Mega Millions winner get after taxes? $ billion

How much tax has to be paid on lottery or game show prize money? how much tax do you have to pay on lottery winnings The Lottery Department shall withhold Virginia income tax at the rate of % on the proceeds from any lottery prize in excess of $5,000 The tax shall be how to claim national lottery However, winning the prize requires you to pay taxes on your winnings If you win Rs 10 lakh, you will have to pay a 30% tax on lottery

how to play poker at a casino You can make estimated tax payments if you think you may owe more Like the IRS, most states treat lottery and gambling winnings as income