Mega Millions jackpot surges to $1B How much taxes would you

Congratulations! · In Australia, lottery winnings are classified as tax-free income · This includes all prizes won through Golden Casket, NSW Lotteries, Tatts,

Mega Millions jackpot surges to $1B How much taxes would you Someone just won the Powerball Jackpot Ticket worth $ million dollars!! And it's the 7th

Congratulations! · In Australia, lottery winnings are classified as tax-free income · This includes all prizes won through Golden Casket, NSW Lotteries, Tatts,

taxes taken out of lottery winnings But if you take the lump-sum cash prize, you'll pay tax twice: on the prize when you win it, and on the income you get by investing it This

Fourteen states don't levy additional tax on lottery winnings: Alabama, Alaska, California, Delaware, Florida, Hawaii, Nevada, New Hampshire,

taxes paid on lottery winnings Lottery winnings that are more than $5,000 get a federal tax of 24%, therefore, you'll be cutting more than $12 million from the annual payments

Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%