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

Here's the tax bill for the winning $ Mega Millions ticket how much do they tax lottery winnings The winnings from the games need to be more than Rs 10,000 If someone has won a game, a competition, or a lottery, they will have to know about Section 194B how to watch the lao lottery Federal Tax Withholding: The lottery is required to withhold 24% of your winnings for federal income tax purposes if you win more than $5,000

how to book slot for aeee 2024 While lottery winnings of $600 or less are not reported to the IRS, winnings in excess of $5,000 are subject to a 25 percent federal withholding