What is the tax rate on the $1 billion Powerball jackpot?

Calculate how much tax you will need to pay if you win the lottery in Pennsylvania See the difference between cash option and annuity payouts

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lottery nalla neram Where you purchase your winning ticket matters due to state income and withholding taxes While lottery winnings are subject to state income tax

lottery spin wheel Most other states have tax rates ranging from % to % There are nine states that don't have state income tax These are: