Here's what the $1 billion Powerball winner could owe in taxes

Here's what the $1 billion Powerball winner could owe in taxes how much is the lottery taxed Lottery taxes are really high, so if you think you will ever win this is how much money you would how much is postcode lottery a month The tax shall be withheld on the entire amount of the prize, not merely the amount in excess of $5,000 The tax must be withheld by the Lottery Department on

how much is postcode lottery a month How Are Lottery Winnings Taxed? The IRS considers net lottery winnings ordinary taxable income So after subtracting the cost of your ticket,

how old do you have to be to play online poker The CT Lottery is required by law to withhold Connecticut state income tax on all gambling winnings that are either: 1) subject to federal Though some states do not have a state lottery tax withholding, they all must withhold 24% in federal tax on prizes as large as this jackpot