Powerball and taxes: What you have to pay if you win the $935 million

Do you need to pay tax on lottery winnings? if you win a million dollar lottery how much is taxed However, before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000 Out of the if i win the lottery meme tax return You cannot net the winnings and losses for tax years 2020 and prior Starting in 2021 if you elected to itemize deductions on your federal return (

if i win the lottery do i have to share with my spouse Lottery Tax in Kerala · 30% tax on the winning amount · The amount of tax that person would have had to pay if his income did not include the